Philippine Savings Bank Successfully Raises PHP 5 billion in Fixed Rate Bond Issuance
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18 August 2025, Makati, Philippines – Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, returns to the capital markets for the issuance of its PHP 5 billion Fixed Rate Bonds Due 2027.
Philippine Dealing and Exchange Corp. (PDEx) President, Stephanie Marie Zulueta in her welcome remarks highlighted the Bank’s strong market position in recent achievements. “PSBank’s strong market position is further highlighted in its recent milestones – reaching an all-time high PHP 5.21 billion net income in 2024.These were supported by the stable demand across both consumer and small and medium-sized enterprise (SME) lending segments,” she said.
Zulueta likewise shared the primary and secondary markets’ robust activities in the second half of the year, “The primary and secondary markets also opened on a strong note in the second half of the year where listings and enrollments reached PHP 204.4 billion, and surpassing the first half’s PHP 137.45 billion. The secondary market remains active, with average trading volumes at PHP 1 trillion per month.”
PSBank’s Executive Vice President for Branch Banking and Operations Group Head Francis Llanera said this issuance marks the bank’s re-entry into the capital markets since 2020. “This issuance is a key component of our PHP 40 billion bond program, the last tranche of which was issued in 2020. It marks our strategic re-entry into the capital markets, providing us with diversified, longer-term funding essential to support our growth initiatives.”
Llanera further added PSBank’s ongoing commitment of delivering accessible banking to its clients. “PSBank remains committed to its mission of delivering innovative, accessible banking solutions. We are focused on sustaining growth through expanded consumer loans, including support for SMEs, increasing deposit generation, and enhancing our digital and branch banking channels.”
This sixteenth admission for 2025 brings the year-to-date total of new listings and enrollments to PHP 341.86 billion and the total level of tradable corporate debt instruments to PHP 1.3 trillion issued by 41 companies, comprised of 163 securities.