Philippine Trust Company

Name

Philippine Trust Company

Legal name

Philippine Trust Company

Website

https://philtrustbank.com

Company type

Public

Founded year

1916

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Universal Banking

NAICS

Commercial Banking (522110), Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (525920)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Corporate & Institutional Trust Services (FSAAANAB)

Keywords

• Universal banking services
• Personal and corporate banking
• Trust and fiduciary services
• Savings and deposits
• Trade and international banking

Headquarters

HQ city

Manila

HQ country

Philippines

HQ region

Asia

Offices15 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income: Revenue from lending activities including working capital loans, business expansion financing, real estate loans, and export/import financing
2. Fee-based Services: Income from various banking services including account maintenance fees, transaction fees, foreign exchange services, remittances, and trust services
3. Deposit-Taking: Acceptance of peso and foreign currency deposits including checking accounts, savings accounts, time deposits, and ATM accounts

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Philippine Trust Company (Philtrust Bank) is a universal bank offering deposit-taking, lending, and trust/fiduciary services to individuals and businesses. Its portfolio covers personal and corporate loans, peso and dollar deposit accounts, personal and institutional trust services, international trade financing and remittances, and digital banking via the Philtrust Online platform integrated with Instapay and PESONet.

Product overview

Philtrust Bank operates as a universal bank offering a unified suite of banking products and services centered around its Philtrust Online internet banking platform. The core portfolio includes loans (working capital, business expansion, real estate, and trade financing), savings and deposits (checking, savings, ATM, time deposits in PHP and USD), and trust services (personal and institutional). Digital banking capabilities are delivered through Philtrust Online, integrated with Instapay and PESONet for fund transfers and bill payments. International banking services cover foreign exchange, letters of credit, and SWIFT-based remittances. Additional offerings include safety deposit boxes and various fee-based banking services.

Differentiator

Problem solved

Functional benefit

Brands

• Philtrust Online: Internet banking channel allowing access to Philtrust accounts and performing banking transactions via secured browser-based application.

Products and services

• Philtrust Online Internet banking platform that lets customers access accounts, perform transactions, transfer funds via Instapay and PESONet, pay bills, and reorder checkbooks through a secured browser-based application.
• Loans Loan products for individuals and businesses including working capital loans, business expansion financing, real estate loans, and export/import financing.
• Savings & Deposits Deposit products including Peso Checking Accounts, Peso Savings Accounts, Peso Savings ATM Accounts, Peso Time Deposits, and U.S. Dollar Time Deposits.
• Personal Trust Services Personal trust offerings including Living Trust Account (LTA), Life Insurance Trust, Testamentary Trust, Administratorship, Guardianship, and Directional Investment Management Account (DIMA).
• Institutional Trust Services Institutional trust products including Escrow Agency services, Employee Benefit or Retirement Plans (Pension Fund and Provident Fund), Pre-Need Plans, Custodial Services, and Stock and Transfer Agency.
• International Services International banking services covering foreign currency buying, Export Bills Purchased under Letters of Credit, Export Packing Credit Loans, Import Letter of Credit, and inward/outward remittances via SWIFT.
• Bills Payment Bill payment service via InstaPay Person-To-Biller (P2B) using Philtrust Online.
• Rental of Safety Deposit Box Safe deposit box rental service for secure storage of valuable possessions, available in various sizes with annual rental fees.

Quantifiable outcome

• First bank to offer estate administration and guardianship services in the Philippines
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• Philippine Deposit Insurance Corporation (PDIC)coreOthers · 1 January 1963PDIC is a government instrumentality created in 1963 by Republic Act 3591 to insure deposits of all banks. Philtrust Bank is supervised by PDIC, which provides deposit insurance coverage for the bank's depositors and helps promote financial stability in the banking system.
• BancNetcoreTechnology or IntegrationBancNet is the first and largest ATM consortium in the Philippines. Philtrust Bank participates in the BancNet network enabling its customers to access ATMs nationwide and worldwide through interconnected networks including Expressnet, Megalink, and international networks (Diners Club, Discover, JCB, MasterCard, UnionPay, Visa).
• Bankers Institute of the Philippines (BAIPHIL)minorOthersBAIPHIL is a non-stock, non-profit bankers organization founded in 1941. Philtrust Bank (as Philippine Trust Company) was one of its founding members alongside other major Philippine banks. The institute provides educational programs and training for bank personnel.
• Bank Marketing Association of the Philippines (BMAP)minorOthersBMAP is an organization of banking institutions organized in 1974 to upgrade the practice of bank marketing in the Philippines. Philtrust Bank is a member supporting industry-wide marketing development initiatives.
• National Privacy Commission (NPC)coreOthersNPC is the government agency responsible for implementing the Data Privacy Act of 2012. Philtrust Bank has appointed a Data Protection Officer and maintains compliance with NPC regulations, displaying NPC certification on their website.
• Bangko Sentral ng Pilipinas (BSP)coreOthersBSP is the central bank of the Philippines responsible for supervising banks and financial institutions. Philtrust Bank is supervised by BSP and holds a universal banking license granted by BSP.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Philippine National Bank (PNB): One of the oldest Philippine universal banks with nationwide branch network offering deposits, loans, trade finance, and trust services. Comparable heritage, footprint, and product breadth to Philtrust.
• China Banking Corporation (ChinaBank): Mid-tier Philippine universal bank serving retail, commercial, and corporate clients with deposits, loans, treasury, and trust products. Directly comparable in scale, customer mix, and universal banking positioning.
• Security Bank Corporation: Philippine universal bank providing consumer, commercial, and treasury services with a growing digital footprint. Direct competitor in retail, SME, and corporate banking segments.
• Rizal Commercial Banking Corporation (RCBC): Philippine universal/commercial bank offering deposits, loans, treasury, and trust services to retail and corporate customers. Closely comparable mid-tier domestic universal bank with overlapping deposit, lending, and digital offerings.
• East West Banking Corporation: Mid-sized Philippine universal bank focused on consumer, commercial, and treasury services. Comparable in scale to Philtrust with overlapping customer segments across retail and middle market.

Broad incumbents

• Bank of the Philippine Islands (BPI): One of the oldest and largest Philippine universal banks with a much broader footprint, digital app (BPI Mobile), and full suite of consumer, corporate, and wealth offerings. Sets the incumbent benchmark Philtrust competes against.
• Metropolitan Bank & Trust Company (Metrobank): Major Philippine universal bank offering retail, commercial, and treasury services alongside a substantial trust business. Comparable product set with significantly larger balance sheet and customer base.
• BDO Unibank: Largest Philippine universal bank with the widest branch and digital network; offers deposits, lending, wealth, and trust products that overlap Philtrust's portfolio at a vastly larger scale.

Regional players

• Philippine Savings Bank (PSBank): Thrift bank focused on retail deposits and consumer lending; part of the Metrobank Group. Comparable in customer-facing retail banking intensity though narrower in trust/corporate offerings.

Emerging players

• Union Bank of the Philippines (UnionBank): Digital-forward Philippine universal bank known for mobile-first platform and aggressive fintech partnerships. Represents the digital-native trajectory Philtrust lags in retail banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/philtrust-bank-ptc-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Philippine Trust Company