Company Profile
Premiere Bank has committed itself to providing its customers with products and services that are key opportunities for growth. Founded by the late Dr. Procopio C. Reyes on July 16, 1960, Premiere Bank has always been focused toward serving the Filipino entrepreneur. Since then, Premiere Bank continues to improve and enhance its services and has kept up with modern day electronic banking services and, other innovative products to meet the needs of its growing base of satisfied customers.
Premiere Bank’s business philosophy is anchored on building customer’s trust, being a catalyst for growth and on its mission to make banking a pleasant experience for its customers.
The Bank has thirty-eight (38) online branches located within Metro Manila and the Calabarzon area. From being the Bank for the entrepreneurs and the small-and-medium enterprises, its operations have expanded to include the Consumer Finance (Personal, Salary and Auto Loans), Factoring of Receivables and the Purchase of Contract-to-sell Receivables. In its effort to expand market reach, Premiere Bank has embarked on a program to deploy off-site ATMs in select malls and commercial establishments. This will provide support to the Bank’s suite of new, unique and exciting electronic card and cash management products. Forged through its membership with the Megalink consortium, the Bank allows its customers to access all Bancnet and Expressnet Member Bank’s ATM network, and vice versa.
In 2006, a consortium led by The Rohatyn Group, a New York-based private investment firm specializing in emerging markets with US$ 3.0 Billion in funds under management, and the Madrigal-Gonzalez family, infused fresh equity into Premiere Bank with the acquisition of fifty percent (50%) of total ownership. As a result, the Bank now ranks as one of the best capitalized thrift banks in the country. With a strong capital base, Premiere Bank is certainly on a well-positioned steep growth trajectory that will be anchored on a solid value proposition to its customers and technology-enabled superior customer service.