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Bacolod City, Philippines Friday, April 27, 2007
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PNB opens Paris branch

MANILA - The Philippine National Bank recently opened a branch in Paris, France designed at helping overseas Filipino workers easily send remittances to their families in the country.

In a statement from the bank, PNB President and chief executive officer Omar Byron Mier said the Paris branch, located at 165 Avenue Victor Hugo, Paris, was formally opened April 16. Mier said opening of the new branch reflects the Bank's commitment of providing international banking services worldwide as well as growing the Bank's remittance business in the region.

"The PNB Paris is an important milestone for the Bank as it extends its growing network outside the United Kingdom and penetrating key cities in the European region," he said. He added setting up of the new branch coincides with the 60th friendship anniversary of the Philippines and France. PNB is among the country's top universal banks and a pioneer in the remittance industry. *PNA

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