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News
Veterans Bank Declares Cash Dividends
A successful 2010 for Philippine Veterans Bank has allowed it to declare cash dividends of eight percent (8%) for preferred and two percent (2%) for common shareholders.
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PVB Awards True Stories Contest Winners
Philippine Veterans Bank recently held a simple awarding ceremony for the winners of its recently held World War II True Stories Contest, a narrative-writing contest for high school students that aims to capture anecdotes and real-life accounts of Filipino World War II veterans or of Filipinos who survived those turbulent times.
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Time Deposit Prize Fiesta Minor Draw Winners Announced
Philippine Veterans Bank is pleased to announce the winners of the 2nd Minor Draw of the bank’s Time Deposit Prize Fiesta held last June 8 at the PVB Head Office in Makati under the supervision of a DTI representative.
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Marikina Government Signs Loan Agreement with Veterans Bank
Furthering its commitment to help local government units with their plans and programs, Philippine Veterans Bank recently signed a new loan agreement amounting to Php 600 million with the City Government of Marikina.
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Municipality of San Juan-Batangas Partners with Veterans Bank
Pursuant to its aim of helping in the nation’s countryside development, Philippine Veterans Bank has forged a partnership with the Municipal Government of San Juan in Batangas whereby the municipality will be availing of Veterans Bank’s products and services.
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Veterans Bank’s True Stories Contest Wins Anvil Award of Merit
In 2009, Philippine Veterans Bank, in partnership with the Philippine Daily Inquirer launched the World War II True Stories Contest, with the aim of preserving the heroic, patriotic, and often heart-warming stories and anecdotes of those Filipinos who lived through those tumultuous times of our nation’s history.
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War of Our Fathers Exhibit at Glorietta 5
As part of the week-long celebration of Veterans Week and in commemoration of the 69th Araw ng Kagitingan, Philippine Veterans Bank’s World War II Traveling Exhibit
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Intervest Holds Groundbreaking of One Santiago Place
Intervest Projects, Inc., a wholly-owned subsidiary of Philippine Veterans Bank, held the groundbreaking ceremony for its latest project, One Santiago Place, in Malinta, Valenzuela City.
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Time Deposit Prize Fiesta 1st Minor Draw Winners
The 1st minor draw of the Philippine Veterans Bank Time Deposit Prize Fiesta was held last February 9 at the PVB Branch Banking Group Meeting Room under the supervision of a DTI representative.
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SDAI-PVB Special District Inducts New Officers
The SDAI-PVB Special District inducted new sets of officers for the entire district and its three posts recently with the officers sworn into their offices...
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Veterans Bank Exceeds 2010 Target Income
In a year that made election history with the country’s first automated polls and the election of Benigno Simeon Aquino as president, following the footsteps of his late mother, and as the lingering effects of the global recession continued, Philippine Veterans Bank managed to weather the storm of social, political, and economic upheavals to remain in the black.
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BSP Approves PVB - MPI Merger
The merger between Philippine Veterans Bank and its wholly-owned subsidiary, Monarch Properties, Inc., has finally come to fruition.
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Veterans Bank Joins Bancnet
Philippine Veterans Bank is one of the three latest members of Bancnet, the largest interbank network in the Philippines.
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TD Prize Fiesta Promo
Time Deposit Prize Fiesta Raffle Promo
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WW2 Exhibit Goes to Dagupan
In time for the 66th Anniversary of the Lingayen Gulf Landings, Philippine Veterans Bank brought the world class traveling exhibit entitled "War of Our Fathers - A Tribute to Filipino Freedom Fighters" to the City of Dagupan
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IBD Arranges Binangonan Term Loan
Philippine Veterans Bank’s Investment Banking Division (IBD) is on the road to finalize arrangement for its first LGU syndicated term loan facility with the Municipality of Binangonan, Rizal.
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BSP Circulars 681 and 705
Since 1 January 2011, Philippine Veterans Bank has been observing and strictly implementing the procedures embodied by BSP Circular 681 and as amended by BSP Circular 705.
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Medical Mission in Pangasinan
Philippine Veterans Bank and the Veterans Federation of the Philippines, in coordination with the Provincial Government of Pangasinan, recently participated in a medical mission for the benefit of Filipino World War II veterans living in Pangasinan.
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IBD, PPI Sign MoA
Through its Investment Banking Division, Philippine Veterans Bank entered into a Memorandum of Agreement with Primeland Properties, Inc. (PPI) sealing a Php 28.9 million developmental and bridge financing facility for the latter.
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PVB-Union CBA
November 10, 2010 – marked the culmination of the series of efforts poured by different officers behind the collective-bargaining agreement (CBA) negotiations and was celebrated through a short program attended by the New PVB Employees Union (NPVBEU) leadership as well as the bank’s senior officers.
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Add'l Term Loan for San Miguel Granted
Philippine Veterans Bank recently granted the Municipal Government of San Miguel, Bulacan an additional 7-year term loan facility of Php 45 million that will be used to import various heavy equipment for the maintenance and development of the municipality’s barangay roads.
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Veterans Bank Revenue Up in Q3
Philippine Veterans Bank posted an unaudited net income of P327.43 million for the first nine months of 2010, a significant 11.75% increase in revenue over the same period last year.
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Veterans Bank at 18!
Philippine Veterans Bank celebrated its 18th Anniversary with a simple yet delightful event held at ground floor lobby of the PVB Head Office.
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Traveling Exhibit Makes Roxas City its 2010 Final Stop
The PVB World War II Traveling Exhibit entitled “War of Our Fathers” made Roxas City in Capiz its final stop for the year after trips in Palawan, Kalibo, Tagbilaran and Metro Manila.
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PVB Inaugurates Pasay Branch
Philippine Veterans Bank recently inaugurated its branch located along Libertad Street in Pasay City in a simple ceremony attended by bank officials and their special guests.
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Inauguration PVB Malolos
The City of Malolos’ rich historic culture gets another boost as Philippine Veterans Bank, a private commercial bank with rich ties to Philippine history, recently inaugurated its branch in the city.
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Tagbilaran Twin Events
Philippine Veterans Bank recently made its presence felt in Tagbilaran City in Bohol with the holding of two special events that showcased the bravery of our Filipino World War II veterans and displayed the bank’s commitment to service, respectively.
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Gov. Vi Graces PVB Lipa Inauguration
Philippine Veterans Bank’s inauguration of its Lipa City branch was made extra-special as the event was graced by none other than the Batangas governor herself, Governor Vilma Santos, who also led the ribbon-cutting ceremony along with Veterans Bank President and CEO, Ricardo A. Balbido Jr.
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Kalibo Exhibit and Branch Inauguration
After its recent stint in Tagbilaran City, Philippine Veterans Bank’s Traveling World War II Exhibit makes Kalibo, Aklan its next stop at the same time the bank inaugurates its branch in the municipality.
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PVB Inaugurates San Pablo Branch
The late morning shower did not dampen the spirits of all those who attended the recent formal inauguration of Philippine Veterans Bank’s San Pablo, Laguna branch which was led by Laguna Governor E.R. Ejercito III along with PVB President and CEO Ricardo A. Balbido Jr.
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PVB Participates in 3rd BT-IR Auction
PVB participated as Primary Bank and Bidder in the 3rd and Final Tranche Dutch Auction of the PhP 6.3Bn. Burley Tobacco Incremental Internal Revenue (BT-IR) Notes Monetization held last August 03, 2010.
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PVB Thunderbird Press Release
Philippine Veterans Bank (PVB), one of the country’s top commercial banks, recently granted EastBay Resorts, Inc., owner and operator of Thunderbird Resorts in Rizal and Poro Point, a P260 million loan agreement to finance the expansion of the latter’s property in Binangonan.
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PHILIPPINE VETERANS BANK PARTICIPATES IN PHP 6.3BN BURLEY
TOBACCO-INCREMENTAL REVENUE (BT-IR) NOTES MONETIZATION
Philippine Veterans Bank (PVB) recently participated in the initial tranche auction of the Php 6.37Bn Burley Tobacco Incremental Internal Revenue (BT-IR) Notes as a primary bank.
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Branch Inaugurations Well Underway
Philippine Veterans Bank's branch expansion program remained evident in the first half of 2010 with the continued inauguration of newly-opened and newly-relocated branches all over the country.
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Veterans Bank Launches New Time Deposit Products
Philippine Veterans Bank, a leading private commercial bank with 60 branches nationwide, is pleased to announce the launch of two new time deposit products that are sure to attract individuals who wish to earn significant returns from their savings.
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Best World War II True Story Picked
A story about a 15-year old lookout and runner for Bulacan guerillas against Japanese forces won the coveted grand prize in the second installation of World War II True Stories
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World War II Exhibit at SM City North EDSA
The highly successful World War II Traveling Exhibit by Philippine Veterans Bank (PVB) hit the road again with its first stop this year at a popular shopping mall just in time for the 112th celebration of Philippine Independence Day.
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Veterans Bank declares cash dividends
Philippine Veterans Bank (PVB) announced it has declared cash dividends of eight percent (8%) for preferred and two percent (2%) for common shareholders, in the Bank's recent annual stockholders' meeting.
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Veterans Bank opens 10 branches in 2010
Philippine Veterans Bank (PVB) recently opened 10 new branches beefing up its network to 60 branches nationwide. Last January 18th, PVB simultaneously opened 10 new branches all over the country.
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Philippine Veterans Bank Launches 2010 World War II True Stories Contest
Philippine Veterans Bank in partnership with Philippine Daily Inquirer and the Department of Education, launches today 2010 World War II True Stories.
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Philippine Veterans Bank signs Guarantee Line Agreement with LGU Guarantee Corporation
LGU Guarantee Corporation (LGUGC) formally signed the Guarantee Line Agreement of P1Billion last January 19, 2010 at the AIM Conference Center Manila, Makati City
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PVB, Clark Sign P10 Million Lease Agreement
Philippine Veterans Bank (PVB) and state-owned Clark Development Corporation (CDC) recently signed a P10 million lease agreement at the CDC Corporate Headquarters.
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OFW Collection MOA Signed by PVB, PhilHealth
Philippine Veterans Bank (PVB) and the Philippine Health Insurance Corporation (PhilHealth) recently formalized an agreement that will allow overseas Filipino workers in the United Kingdom, United Arab Emirates, and Qatar to annually pay for their premiums through PVB.
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PVB Partners with ECO Asia for Financing of Green Projects
Philippine Veterans Bank (PVB), headed by President and CEO Ricardo Balbido Jr., and Environmental Cooperation Asia (ECO-Asia), led by Chief of Party Dr. Peter du Pont, recently sealed a partnership that will assist clean technology project developers in the Philippines to access local and international financing sources for environmentally-focused endeavors.
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Lingayen WWII Memorial unveiled
The Pangasinan Provincial Government in partnership with Philippine Veterans Bank and the Veterans Federation of the Philippines recently unveiled the newly refurbished Lingayen World War II memorial, located at the Provincial Capitol Grounds, Lingayen, Pangasinan.
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Philippine Veterans Bank opens Antipolo Branch
Philippine Veterans Bank inaugurated another new branch located near the famous Antipolo Church at 182 P. Oliveros St., Barangay San Roque, Antipolo City.
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PVB Inaugurates New Dagupan Branch
Philippine Veterans Bank (PVB) recently inaugurated its newly relocated branch in Dagupan City with Mayor Alipio Fernandez as the Guest of Honor.
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Veterans Bank Celebrates 17 Years
Philippine Veterans Bank celebrated its 17th anniversary last August 7 by recognizing the dedication of 112 employees and honoring the loyalty and stalwartness of three retirees.
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PVB signs MOA with Provincial Government of Zamboanga Del Sur
Philippine Veterans Bank (PVB) recently inked a Memorandum of Agreement for the P812.5 M Term Loan Facility for the Provincial Government of Zamboanga Del Sur.
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PVB, Zamboanga Sibugay ink Term Loan for Provincial Hospital
The P327M Term loan facility Agreement for the Provincial Government of Zamboanga Sibugay (LGU) was signed on August 11, 2009 at the office of the Governor in Ipil Zamboanga Sibugay.
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PVB declares cash & stock dividends, elects Directors
Philippine Veterans Bank (PVB) announced it has declared cash dividends of eight percent (8%) for preferred and two percent (2%) for common shareholders
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Veterans Bank’s Traveling Exhibit at the AFP Theater
Philippine Veterans Bank’s (PVB’s) Traveling Exhibit “The War of our Fathers… A Tribute to the Filipino Freedom Fighters”
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VETERANS BANK INAUGURATES BUTUAN BRANCH
Philippine Veterans Bank (PVB) inaugurated its Branch in Butuan City, which relocated to its new address at J.C. Aquino Avenue corner Imadejas Subdivision.
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Veterans Bank Sponsors “Battle of Ising” Exhibit
Veterans Bank is one of the major sponsors of the “Battle of Ising” Exhibit and Catalog written by Marie Silva-Vallejo, as a tribute to its former Vice-Chairman, Atty. Peregrino Andres
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Certificate of Recognition awarded to Paniqui Branch
PVB Paniqui Branch received a Certificate of Recognition and Appreciation through a Joint Resolution of the Veterans Federation of the Philippines Region III, 1st and 2nd Victoria Veterans Post and 2nd Tarlac Veterans District last April 16, 2009.
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SDAI’s Medical Mission Benefits Hundreds of Pensioners
The Sons and Daughters Association Inc. (SDAI) – Philippine Veterans Bank (PVB) Special District organized a Medical Mission at Camp Aguinaldo and Alta Vista Branches last March 20, 2009.
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Blood Letting Drive @ PVB
Once again, the VFP Sons and Daughters Association Inc. – PVB Special District in cooperation with Red Cross - Rizal Chapter held a blood letting drive at the Head Office - HRODD Training Center last March 26.
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PVB now 20th Largest Commercial Bank
In the most recent Quarterly Banking Report published by Businessworld, Philippine Veterans Bank has been listed as the 20th largest commercial bank in the country
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War of our Fathers exhibited in China
Filipino valor in the last world war is on display in China.
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Winning war stories announced
Liliha Chelle D. Baleña’s story of a young radio technician who helped the country fight the Japanese won first prize in the WWII True Stories contest among high school students
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PVB Sponsors Manila Premiere of "Unsurrendered"
Philippine Veterans Bank (PVB) recently sponsored the Manila Premiere of “Unsurrendered: 100 voices” – a video documentary featuring the lives and stories of the Filipino Guerillas and “Bolomen” of World War II.
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Winners of the Tulong Barya
Para sa Eskwela Contest
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VISMIN LEAGUE GETS TOP HONORS
Fast Forward 4’s top honors goes to League 5 with an impressive production of Php 136.5M (as of December 2008)
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PVB Signed MOA with Government of Albay
Philippine Veterans Bank (PVB) signed a Memorandum of Agreementwith Provincial Government of Albay.
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PVB Signed MOA with Government of Iriga City
City Government of Iriga City signed a Memorandum of Agreement with Philippine Veterans Bank to install an Off-Site ATM.
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NLRC Is New Leaseholder of PVB Building Butuan City
Philippine Veterans Bank (PVB) allowed the National Labor Relations Commission to be the leaseholder of the new PVB Building in Butuan.
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PVB signed MOA with Government of Rizal
Philippine Veterans Bank and Provincial Government of Rizal signed a Memorandum of Agreement that will allow the bank to install an Off-site ATM / Time.
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Veterans Bank offers loans for pensioners
Good news for SSS Pensioners! Philippine Veterans Bank is now offering loans for SSS pensioners, the first among commercial banks.
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Veterans Bank inaugurates Paniqui Tarlac Branch
PVB New Branch Building. Philippine Veterans Bank (PVB) recently inaugurated its new Branch in Paniqui, Tarlac. Located right in the heart of the town’s commercial & financial district, PVB Paniqui branch is at the corner of Zamora and Burgos Streets.
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PVB Exhibit Reaches Vigan
Philippine Veterans Bank recently held its traveling exhibit entitled “War of Our Fathers. A Tribute to the Filipino Freedom Fighter” at the Vigan Cultural and Trade Center last May 20 to June 21.
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PVB Exhibit Reaches Vigan 2
Former Ilocos Sur Governor Carmelling Crisologo (2nd from left) and Dr. Godofredo S. Reyes (seated) formallyopen the Philippine Veterans Bank WWII traveling exhibit at the Vigan Cutlture and Trade Center.
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PVB Ledesco Development Corporation MOA
Philippine Veterans Bank (PVB) recently signed a memorandum
of agreement (MOA) with Ledesco Development Corporation
extending a P9.8 million Contract-to-Sell Facility for the ongoing
real estate project in Tagaytay City.
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Veterans Bank WWII exhibit in Tuguegarao
Veterans Bank’s world-class traveling exhibit is now in Tuguegarao,
Cagayan until July 18 as part of the 63rd anniversary of the Liberation of Tuguegarao
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PVB signed MOA with Pasay City Government
Philippine Veterans Bank (PVB) recently signed a Memorandum of
Agreement with Pasay City Government concerning the P600 M Loan for the
new Pasay City Hall Complex
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PVB launches pension thru ATM/Debit Card
Philippine Veterans Bank (PVB) and Philippine Veterans Affairs Office (PVAO) recently inked a Memorandum of Agreement (MOA) during a luncheon hosted by PVAO.
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PVB has Top Offsite ATM
Megalink’s Top Offsite ATM performance for the year 2007 went to PVB’s
Alta Vista-Innovative offsite ATM.
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PVB Assets jump 11.5% in 1Q, Elects Directors
Philippine Veterans Bank (PVB) total resources jumped by 11.5% to P40.6 billion as of the first quarter of 2008, from the P36.4 billion figure reported as of December 2007, mostly driven by the increase in bank’s deposits.
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Philippine Veterans Banks Traveling Exhibit
Dubbed as the "War of our Fathers, A Tribute to the Filipino Freedom Fighters"...the exhibit has 43 panels that show wartime photos, artifacts, documents and video presentation
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Batangas Gov’t avails of PVB 3-in-1 ATM Card
Philippine Veterans Bank (PVB) and the Batangas Provincial Government
recently inked a Memorandum of Agreement (MOA) during the Province’s
Independence Day Rites.
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VETERANS BANK’S 3Q net income jumps to P425M
Philippine Veterans Bank’s unaudited net profit for the first nine months rose to P425.4 million, 55% higher than the P275 million posted for the same period last year, and already surpassing the Bank’s 2006 audited net income of P415.07 million.
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PVB declares 8% dividends, elects Directors
Philippine Veterans Bank (PVB) announced it has declared cash dividends of eight percent for preferred and one percent for common shareholders.
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PVB Travelling WWII Exhibit Opens In Baguio
World War II vintage photos, artifacts and memorabilia is now on display at SM City Baguio day, September 2, 2006. Philippine Veterans Bank (PVB), in partnership with Baguio City Government & Cordillera Administrative Region, is sponsoring the exhibit entitled as “The War Of Our Fathers…A Tribute to the Filipino Freedom Fighter”. The exhibit pays homage to our WWII veterans and survivors. September 2 marks the 61st year of the end of World War II in the country. The Veterans Federation of the Philippines and the National Historical Institute are lending major support to this project.
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Veterans Bank 3Q income at P275 million
Philippine Veterans Bank (PVB) posted an unaudited net income of P275 million as of September 2006, 27% higher than the P216.6 million of the same period last year. As before, interest income, securities trading gain and fee-based services were the main drivers behind the income growth.
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Latest PVB Off-Site ATM inaugurated at NHA
Latest PVB Off-Site ATM inaugurated at NHA Philippine Veterans Bank (PVB) recently inaugurated its latest off-site Automated Teller Machine (ATM) located at the National Housing Authority (NHA) head office in Quezon City in time for NHA’s 31st year anniversary celebrations. The new ATM is foreseen to serve over 1,000 NHA employees and other clients in the area.
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PVB Bares Senior Officer Promotions
Philippine Veterans Bank announced its recent senior officer promotions for 2006. Promoted to Senior Vice-President is Joselito “Joric” G. Nazario who leads PVB’s Treasury Group which includes Funds Management, Portfolio Management, Treasury Marketing and Correspondent Banking. Having extensive experience in Treasury Marketing & Operations in BDO, BPI and Dao Heng Bank, Inc.; Joric is also a Director of the Money Market Association of the Philippines (MART).
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PVB reports P235 million 1st Half Net Income
Philippine Veterans Bank (PVB) recently reported an unaudited net income of P235.88 million for the first half of 2006. This represents a 42% increase, year-on-year, with last year’s reported 1st half net income at P166.15 million.
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FVR Opens Veterans Bank WWII Exhibit
Former President Fidel V. Ramos formally opened the travelling World War II exhibit last January 13, 2006 at Dagupan City. Sponsored by Philippine Veterans Bank, the exhibit aims to educate the public on the critical role played by Filipino forces in the last World War II. Dubbed as “The War of Our Fathers…A Tribute to the Filipino Freedom Fighters,” the exhibit is in time with the 61st Anniversary of Gen. MacArthur’s Landing in Lingayen Gulf.
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Veterans Bank Ok’s P70-M loan for Goldland Phils
Philippine Veterans Bank (PVB) recently granted a P70-million credit line for Goldland Philippines Corporation (GPC), which is developing the Hilton Cebu Resort and Towers in Mactan, Cebu in a joint venture with the Hilton Group PLC UK.
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Philippine Veterans Bank Opens Imus Branch
Philippine Veterans Bank (PVB), a Private Commercial Bank recently inaugurated its branch in Imus, Cavite, bringing its total branch network to 44 after the merger with its subsidiary, Teachers Development Bank.
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PVB 1st Half Net Income hits P166-million
Philippine Veterans Bank (PVB) reported a net consolidated income of P166.15 million in the first half of 2005, representing a 54.7% increase on a year-on-year basis with last year's 1st half net income at P107.39 million.
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Sec. Okay's Veterans Bank-Teachers Bank Merger
The Securities & Exchange Commission (SEC) has approved Philippine Veterans Bank's (PVB) application to merge with its subsidiary, Teachers Development Bank (TDB) with Veterans Bank as the surviving entity.
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Oplan Beterano Wins Gold Quill Award
PVB's Oplan Beterano bags another award for the Customer Relations Category, this time from the International Association of Business Communicators' (IABC) - Philippine Gold Quill Awards.
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PVB Reports P260.0 million 2004 Net Income
Philippine Veterans Bank (PVB) reported an audited Net Income of P260.6 million for 2004, up 8% from the previous year's P240.7 million.
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Veterans Bank Building Rises in Davao
Philippine Veterans Bank (PVB) is relocating its branch at Jose Palma Gil Street to its new building at C.M. Recto Avenue, Davao City, one of the City's busiest commercial areas.
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