Philippine Veterans Bank (PVB) extended financial assistance totaling P1.0M and were distributed to seven Local Government Units (LGU) in Camarines Sur including Naga City and seventy-four Barangays that were hard hit by typhoon “Kristine”.
The distribution was headed by PVB Branch Sales Head, FVP Gina Romano, PVB South Luzon Area Head Julius Marquez and PVB Naga Branch Head Elvira Quimco. As a government depository bank, this initiative aims to help affected clients in their efforts to recover and rebuild.
PVB is a commercial bank that counts Filipino World War II veterans, their heirs and descendants, post-WW2 veterans and AFP retirees as its shareholders.
It operates 60 full branches and 1 branch-lite unit in key cities and municipalities nationwide and caters to both corporate and retail financial markets offering deposit and loan products, cash management services, treasury and trust services, among others.
Under Republic Act 11597, which is also its charter, PVB is an authorized government depository bank and offers its banking services to government agencies, government owned corporations, and local government units.