Archived Stories CBA NEGOTIATION CONCLUDED IN RECORD TIME   PBCOM'S UNIT INVESTMENT TRUST FUNDS (UITFs) ARE WINNERS!   PBCOM EXECUTIVE REELECTED TO THE ISACA BOARD OF TRUSTEES   PBCOM WELCOMES NEW PRESIDENT AND CEO   PBCOM HOLDS 2005 ANNUAL STOCKHOLDERS' MEETING   PBCOM RELEASES 2004 ANNUAL REPORT   A NEW PBCOM BRANCH OPENS IN ZAMBOANGA-VETERANS AVENUE   PBCOM HOLDS PLANNING CONFERENCE FOR 2005   PBCOM CONCLUDES SALE OF P12.2B ASSETS TO SPV   PBCOM CELEBRATES ITS 65TH YEAR   A NEW PBCOM BRANCH OPENS IN CUBAO   PBCOM HOLDS 2004 ANNUAL STOCKHOLDERS’ MEETING   BAIPHIL ELECTS PBCOM EXECUTIVE AS ITS PRESIDENT   PBCOM REDEFINES REMITTANCE SERVICE   DE LOS SANTOS HOSPITAL SIGNS UP WITH PBCOM FOR THE P2H REMITTANCE SERVICE   PBCOM RELEASES 2003 ANNUAL REPORT   PBCOM 2002 ANNUAL REPORT AMONG 10 BEST ANNUAL REPORTS   PBCOM COMPLIANCE HEAD CONDUCTS A SEMINAR FOR BATANGAS RURAL BANKS   NEW PBCOM BRANCH OPENS IN ANNAPOLIS, GREENHILLS   PBCOM OFFERS PREMIUM ONE AND PREMIUM TWO TIME DEPOSITS   ANNOUNCEMENT: GOOD NEWS TO ALL PBCOM-SCB MASTERCARD HOLDERS   PBCOM EMBARKS ON MODERNIZATION AND EXPANSION WITH P3-B CAPITAL INFUSION   PBCOM LAUNCHES TWO NEW TD PRODUCTS   PBCOM GEARS UP FOR NEW REMITTANCE BUSINESS   PBCOM BAGS MARKETING AWARD FROM BANCNET   NEW PBCOM BRANCH OPENS IN TAFT AVENUE   PBCOM-STANDARD CHARTERED CREDIT CARD GETS WIDER COVERAGE   MAKATI BANKING CENTER SETS-UP AUTO-DEBIT ARRANGEMENT WITH PRUMERICA LIFE   QUIRINO BRANCH DRAWS CHECKWRITING CLIENT   ALABANG BRANCH WARMS UP ASIAN HOSPITAL   PBCOM CELEBRATES 64th ANNIVERSARY         PBCOM HOLDS 2004 ANNUAL STOCKHOLDERS’ MEETING   Seated from left: Vice Chairman Ralph Nubla, Jr.; Chairman Emeritus Luy Kim Guan; Chairman Chung Tiong Tay; Pres. & CEO Isidro C. Alcantara, Jr.; Vice Chairman Enrique T. Luy   PBCom held its 2004 Annual Stockholders’ Meeting at the 53rd floor of the PBCom headquarters in Makati.   President & CEO Isidro C. Alcantara, Jr. gave a review of the Bank’s financial position, business development, major initiatives and plans to sustain profitability for the coming years via a powerpoint presentation entitled A Stronger PBCom: Ready for the Future. At the meeting, stockholders appointed Luy Kim Guan as Chairman Emeritus and Chung Tiong Tay as Chairman of the Board. Re-elected to the Board of Directors for the year 2004-2005 include: Isidro C. Alcantara Jr., Ralph Nubla Jr., Enrique T. Luy, Carlos Bunsit G. Chung, Henry Y. Uy, Ernesto T. Luy, Atty. Bi Yong So Chungunco, Edwin L. Luy, Johnny O. Cobankiat, and J. Antonio M. Quila. Also elected were three new independent directors to the board in the person of Renato H. Peronilla, Ruben D. Almendras, and Juan Luis S. Javier. PBCom recorded a net income of Php325 million for 2003 and is now the highest capitalized commercial bank and carries a clean balance sheet with a non-performing loan ratio of only 11.9% as of December 2003. With a solid foundation, PBCom is now well-positioned for the future.   PBCom Pres. & CEO Isidro C. Alcantara gives a review of the Bank's financial position.