Philippine Business Bank (PBB) was incorporated on January 28, 1997 as Total Savings Bank and was granted the authority to operate as a thrift bank by the Monetary Board (MB) No.29 dated January 8, 1997. On December 16, 1997, the Securities and Exchange Commission approved the change in its corporate name to the present one. PBB is a savings bank which focuses on corporate and small and medium enterprise (SME) markets. The Company provides close to a full range of banking services and products including cash management, retail and corporate lending, deposit products, international trade finance, treasury and trust products. As of November 30, 2015, PBB has 136 branches with most branches located in areas with high concentration of SME such as Caloocan, Malabon, Navotas, Valenzuela, and Quezon City as well as in highly urbanized cities outside Metro Manila such as Cebu, Davao, and Bacolod.