PHILIPPINE Savings Bank (PSBank) declared a regular cash dividend of P0.75 per share, or a total of P320.14 million, payable to all common shareholders as of Nov. 7, 2022. The dividend will be paid on Nov. 21, 2022.
Philippine Savings Bank (PSB) was incorporated on June 30, 1959 to primarily engage in savings and mortgage banking. In 1983, Metropolitan Bank and Trust Co. acquired a majority share in PSB, and in 2004 further increased its shareholdings to the present level of 88 percent. In 1991, the company was authorized to perform trust functions, and in 1995, it was granted a quasi-banking license.
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