05.30.05

Japan-PNB Leasing is moving! To serve you better

02.25.04

Japan-PNB Leasing Reports 23% increase in ’03 income.

Let Japan-PNB Leasing provide your company with the most appropriate financing services.
 
 
   
One of the country's largest and most comprehensive universal banks, the Philippine National Bank and two well-established Japanese strategic partners, IBJ Leasing Co., Ltd. (IBJL) and Mizuho Corporate Bank, backstop Japan-PNB Leasing and Finance Corporation in the forefront of financial leasing in the country today.

A company operating under the Finance Company Law, Japan-PNB Leasing provides equipment leasing, mortgage loans, installment paper discounting, and other financial products. These products are carefully structured to suit the requirements of clients.

Benefiting from the lessons of the Asian financial crisis of 1997, Japan-PNB commenced operations in January 1998 along very prudent credit standards. Today, JPNB takes pride in having a high-quality loan-lease portfolio with absolutely zero delinquency. The client list includes some of the most respected names in Philippine business.

Being a newcomer to the local leasing scene, JPNB strives to make a difference by offering client-friendly products coupled with world-class service. A customer needs to call only one person, the Relationship Manager, who would be delighted to attend to his/her every need, 24 hours a day. The company is led by a highly-experienced and well-trained corps of officers and staff. The organization is lean and mean, logging a collective total of over 140 man-years of experience in banking and finance operation. Top-notch service delivery is ensured with the use of some of the most advanced and efficient computer information systems in the trade.

Corporate Goals
The corporate aspirations of JapanPNB Leasing are a faithful adaptation of the mission-vision statements of the shareholders. After all, it behooves us to toe the line of our parent companies according to the tenets of the Joint Venture. Moreover, we find them quite apropos to our own circumstance.
 
Mission Statement
We want JapanPNB Leasing to be a leading and respectable player in the Philippine leasing market with a regional presence committed to delivering quality financing products that will clearly benefit customers, create shareholder value, enrich the lives of its employees, and promote the well-being of the public that it serves.
 
Vision
To be the most admired leasing-financing company in the country in terms of:
  • Financial Performance – rank No.1 or No.2 in its business based on return on equity and be in the Top 5 in asset size.
  • Innovativeness – in products and services, and in their delivery.
  • Customer Perception – as the preferred financial services provider and as a customer-centered organization with a passion for service excellence.
  • Social Responsibility – the employer of choice, a good corporate citizen, and partner in nation building.
  • Long-term Vision – by developing a competitive edge on a sustained basis by anticipating changes in customer preferences, market trends, and in the manner of doing business.
Strong Ownership Base
Established in 1916, the Philippine National Bank is one of the largest banks in the Philippines with a nationwide network of branches. Overseas, PNB has the strongest and widest presence among Philippine banks through its web of branches in key cities worldwide. Its resources totaled over P 200 billion as of 1998.

The bank was not spared from the debilitating effects of the 1997 crisis, but is on the way to recovery, now that the ownership issue has been settled. PNB has a dominant share of the lucrative remittance business coming from the more than eight million overseas Filipinos. In many Filipino households PNB is a byword, what with its close association with the nation’s history and for some banking relation the family may have experienced one way or the other.

IBJ Leasing Co., Ltd. was founded in 1969 at the initiative of the Industrial Bank of Japan and with the backing of some 20 leading companies in Japan. Today, IBJL is one of the top leasing companies in Japan. It has made a mark as a specialist in arranging large and long-term leases for major corporations in Japan and around the world. Internationally, IBJL is active in cross-border leasing and in local leasing through various subsidiaries and affiliates in the U.S.A., U.K., Thailand, and the Philippines.

The Mizuho Corporate Bank, Ltd. [MHCB] (formerly The Industrial Bank of Japan, Ltd.) which own 5% of JapanPNB has merged with Dai-ichi Kangyo Bank and Fuji Bank to form the Mizuho Corporate Bank, Ltd. This merger was officially declared to take effect as of April 01, 2002. Mizuho Corporate Bank is a core member of the Mizuho Financial Group which is the largest bank in the world in terms of the size of the assets.