Philippine Veterans Bank (PVB) held its 2023 Annual Stockholders’ Meeting (ASM) last June 16, 2023. Around 1,000 Filipino World War II veterans-stockholders, widows and their compulsory heirs were in attendance. Know more:
MAKATI CITY — Philippine Veterans Bank held its 2023 Annual Stockholders’ Meeting last June 16, 2023. Around 1,000 Filipino World War II veterans-stockholders, widows and their compulsory heirs were in attendance.
The annual election of the Bank’s Board of Directors for another one-year term were also concluded with the following officials retained their Directorships: In his report to the Bank’s stockholders, President Claravall reported a positive 2022 Financial Performance. While still acknowledging the challenges brought about by the covid-19 pandemic that hit all industries, the Bank made a robust rebound with a Net Income of P268 Million. The Bank’s Deposit level, Lending and Assets are at its highest. Deposits closed at P56.2 Billion, the lending business also increased at P25.2 Billion and total assets closing at P61.15 Billion.
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