Medium-sized lender, Philippine Veterans Bank (PVB), continues its invitation to eligible individuals – living AFP retirees and post-World War 2 veterans, as well as spouses and descendants of WW2 veterans and AFP pensioners – to become shareholders of the Bank of Heroes, as the deadline for its ongoing Stocks Subscription Offer (SSO) nears.
With the enactment of Republic Act No. 11597, otherwise known as the Philippine Veterans Bank Act of 2021, PVB calls on members of the veterans community to invest in heroism and contribute to the preservation of our military heroes’ legacy through its ‘Invest in Heroism, Invest in PVB’ stock subscription campaign. For just a minimum 100 shares at PHP 110 per share, a qualified individual can already become a part-owner of the Bank.
While the Bank is privately-owned, it enjoys the distinction of being an authorized government depository bank (AGDB) as mandated by R.A. 11597 and is able to accept government deposits and indeed counts many national government agencies (NGAs), government-owned and controlled corporations (GOCCs), and local government units (LGUs) nationwide as its clients and partners. By extension, being an AGDB allows PVB to continue offering its products and services such as loans and cash management services to government clients.
With an infusion of fresh capital coming from the veterans community, this will further strengthen PVB’s core businesses and fuel expansion. Currently, PVB remains very viable with total assets of PHP 53B with P9B in excess liquidity.
To subscribe, interested individuals may email VP Andres B. Saracho, Head of the PVB Veterans Affairs Office at absaracho@veteransbank.com.ph or Stock_Subscription_Offering@veteransbank.com.ph. They may also visit the nearest PVB branch or contact PVB’s Customer Care through the following channels, available 24 hours a day, 7 days a week:
Contact Nos.: (02) 7902-1782 (landline), 0998 5848379 (mobile)
Toll-free number: 1-800-8-902-1782
Email: pvbcares@veteransbank.com.ph
FB Chat: fb.com/VeteransBank
