PHILIPPINE VETERANS BANK: A CORPORATE PROFILE

Philippine Veterans Bank, also known as PVB and Veterans Bank, is a medium-sized commercial bank in the Philippines. The bank is owned by Philippine World War II war veterans and their families and caters to both corporate and retail financial markets. 

Today, PVB is ranked 22nd among the Philippines’ 38 universal and commercial banks. At the close of 2013, it had 60 branches nationwide and currently employs about 900 officers and rank-and-file employees.

In July 2013, former Finance Secretary Roberto F. de Ocampo, OBE, was elected Chairman of the Board of Directors. Thereafter, five new directors were named to the board including Guillermo L. Parayno Jr., Ma. Nieves R. Confesor, Alfonso B. Cruz, Jr., Judith V. Lopez, and Pablito H. Yap.

Veterans Bank’s corporate social responsibility is embodied in the very core of its existence. This fact separates the bank from most private for-profit corporations. At the onset, the bank’s constitutional mandate is to provide immediate and adequate care, benefits, and other forms of assistance to war veterans and their families. Twenty percent (20%) of Philippine Veterans Bank’s profits is given to the Board of Trustees for the Veterans of World War II (BTVWWII) annually. As such, the mission of the bank is to ensure its sustainable profitability and growth.

Banking

Philippine Veterans Bank

Philippine Veterans Bank's headquarters in Philippines

This department manages and oversees the organization's information systems and internal communication strategies.

Information Services

The Audit and Quality Management team at Philippine Veterans Bank ensures compliance with regulatory standards and internal policies while striving for operational excellence. This team is responsible for conducting internal audits, identifying areas for improvement, and implementing quality control measures to maintain the bank’s integrity and performance. Through their efforts, the team helps safeguard the bank’s assets and promotes sustainable profitability and growth in alignment with its corporate social responsibility.

Audit and Quality Management

This department oversees credit policies, assesses risk, and manages loan portfolios to ensure optimal lending practices.

Credit Management

The Risk and Compliance Team at Philippine Veterans Bank is responsible for identifying, assessing, and mitigating financial and operational risks to ensure the bank's stability and regulatory compliance. This team, comprising roles such as Credit Officers, Operational Risk Heads, Credit Analysts, Market and Liquidity Risk Heads, and Compliance Officers, works collaboratively to safeguard the bank’s interests and ensure adherence to banking regulations and internal policies.

Risk and Compliance Team

The Human Resources & Recruitment team at Philippine Veterans Bank is responsible for managing employee relations, administering HR policies, overseeing talent planning, and executing recruitment processes. The team ensures the hiring of qualified candidates, supports employee development, and maintains a positive workplace environment to help the bank achieve its mission of sustainable profitability and growth while honoring its commitment to war veterans and their families.

Human Resources & Recruitment

The Leadership Team at Philippine Veterans Bank is responsible for setting the strategic direction, overseeing operational efficiency, and ensuring the bank’s financial stability and growth. This team also steers compliance with regulatory requirements and strengthens internal controls to mitigate risks. Additionally, they uphold the bank's mission of supporting World War II veterans and their families, ensuring a portion of profits is dedicated to veteran welfare.

Leadership Team

This department provides various support functions to ensure smooth operations and effective communication within the organization.

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People (2)

Jobs (0)

Other teams

Audit and Quality Management

Credit Management

Risk and Compliance Team

Human Resources & Recruitment

Leadership Team

Administrative Support

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People (2)

Jobs (0)

Other teams

Audit and Quality Management

Credit Management

Risk and Compliance Team

Human Resources & Recruitment

Leadership Team

Administrative Support

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