Originally established as a government bank all the way back to 1916, in 1980, PNB became the first designated universal bank in the Philippines. Longevity equals trust and thus, this bank is one of the largest in the country. Later, PNB became the fifth largest private domestic bank in the Philippines after the merger with Allied Bank in 2013. The bank has enormous international presence with more than 70 overseas branches. Branches and subsidiaries can be found in Asia Europe, North America and the Middle East.