The property beside the Philippine National Bank main branch at Lacson Street in Bacolod City is up for commercial use and office space within the bank is open for lease.

This was disclosed yesterday by Gov. Joseph Marañon and Rafael Sison Jr., PNB senior vice president, after they inked yesterday an amendment to the PNB contract on the lease of provincial government property on which its main branch building is located.

The amendment provided for the return of 4,050 square meters, of the total 11,523 square meters leased by the bank, to the provincial government, Marañon said.

He said a new building could be constructed on the returned section of the property for commercial use. The amendment also provides that the bank shall share with the provincial government the lease rentals of occupants other than PNB from the second to seventh floors of the building, he added.

Sison said there is still a lot of office space in the bank available for lease. The most part is vacant now, he said, adding that renovations could be made to make it more attractive.

The governor renegotiated the 1967 lease of the bank when it was still solely government owned.*CPG

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