Philippine Bank of Communications PBCOM secured this afternoon its Certificate of Authority to operate as a universal bank from the Bangko Sentral ng Pilipinas. The handover ceremony was led by Governor Felipe M. Medalla. The Bank shall inform BSP accordingly of its official start date.

Founded in 1939, PBCOM has its roots in Binondo, Manila and now operates 95 branches across the country. It has complemented its branch network with ATM deployment, corporate cash management services, online and mobile banking . PBCOM has a capitalization of P14.4 billion and total assets of P116.1 billion as of June 2022.