Image of Philtrust Bank Binondo Building " "PTC" "Philtrust Bank Binondo" "100 years" "-"
Logo of Bangko Sentral ng Pilipinas, "Republika ng Pilipinas" "100 Piso"
Philippine Trust Company
Philtrust Bank began operations on in Binondo, Manila's central business district. Founded by a group of American Investors, the Bank's initial line of business was to act as trustee for families of the U.S. Military. Control subsequently passed to the Archdiocese of Manila. In , the company went into full-fledged commercial and savings banking.
The Bank grew rapidly during the American Regime and the Commonwealth Period, but like the rest of the country, Philtrust Bank experienced the hardships of World War II that began on .
In the post-war decades of economic rehabilitation and development, Philtrust Bank was consistently rated as one of the most outstanding Philippine banks. It has been a byword for banking conservatism and reliability. The Bank's guiding principle has always been never to take undue risk with depositor funds.
In , Don Emilio T. Yap and a group of close associates acquired the majority interest. The Bank has since grown from strength to strength. Granted a universal banking license in , Philtrust Bank had resources of P141.503 billion as of end-.
*Text provided by Philtrust Bank
Bangko Sentral ng Pilipinas
Security Plant Complex
Quezon City, Philippines
Mint and Refinery Operations Department
Issued to commemorate the 100th Founding Anniversary of Philtrust Bank on