About Us


Company Profile

A joint venture between one of the country's largest private universal banks, Philippine National Bank (PNB) and one of Japan's top leasing and finance companies, IBJL Leasing Co., Ltd. (IBJL), PNB-IBJL Leasing and Finance Corporation (PNB-IBJL) is in the forefront of financial leasing in the country today.

A company operating as a financing company under Republic Act No. 8556 (the amended Finance Company Act). Its major activities are Finance Lease (Direct Lease, Sale and Leaseback, Lease-Sublease and Foreign Currency Leasing), Operating Lease (through wholly owned subsidiary, PNB-IBJL Equipment Rentals Corporation), Term Loans (for productive capital expenditures secured by Chattel Mortgage), Receivable Discounting (purchase of short term trade receivables and installment papers).

PNB-IBJL Leasing and Finance Corporation (formerly Japan-PNB Leasing and Finance Corporation), commenced operations in February 1998. Today, PNB-IBJL takes pride in having a high quality loan-lease portfolio in the industry. The client list includes some of the most respected names in Philippine business.

The company is led by well-trained and highly experienced corps of officers.

On March 27, 2015, the Securities and Exchange Commission approved the change of name of Japan-PNB Leasing and Finance Corporation to PNB-IBJL Leasing and Finance Corporation.

PNB-IBJL Equipment Rentals Corporation (formerly JPNB Equipment Rentals Corporation) is a wholly-owned subsidiary of PNB-IBJL Leasing and Finance Corporation. It was incorporated in the Philippines on July 3, 2008 as a rental company and started commercial operations on the same date. It is engaged in the business of renting all kinds of real and personal properties.

On March 11, 2015, the Securities and Exchange Commission approved the change of name from JPNB Equipment Rentals Corporation to PNB-IBJL Equipment Rentals Corporation.


Strong Ownership Base

Established in 1916, the Philippine National Bank is the 4th largest private universal bank in the Philippines with a nationwide network of 707 branches. Overseas, PNB has a strong and wide presence through a network of more than 70 branches/offices in key cities worldwide.

PNB has a dominant share of the lucrative remittance business coming from more than ten million overseas Filipinos. In many Filipino households PNB is a byword, because of its close association with the nation's history over the past 103 years.

IBJL 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.K., Thailand, Indonesia, China and the Philippines. IBJL is part of Mizuho Financial Group.

As of December 31, 2015, PNB-IBJL Leasing has an equity ownership of PNB at 75% and IBJL at 25%.


Corporate Structure

PNB-IBJL Leasing and Finance Corp. Board of Directors

Chairman

Florencia G. Tarriela *

Directors

Christine Grace A. Bandol

Federico C. Pascual *

Yasuo Sato

Chester Y. Luy

   

Board Advisor

Manuel T. Gonzales

*Independent Director


PNB-IBJL Equipment Rental Corp. Board of Directors

Chairman

Florencia G. Tarriela *

Directors

Christine Grace A. Bandol

Federico C. Pascual *

Humildad M. Santelices

Shigeharu Sugimoto

   

Board Advisor

Manuel T. Gonzales


Corporate Governance, Renumeration & RPT Committee

Committee Chairman

Florencia G. Tarriela *

Members

Federico C. Pascual *

Yasuo Sato

Chester Y. Luy


Risk Management Committee

Committee Chairman

Federico C. Pascual *

Members

Florencia G. Tarriela *

Yasuo Sato

Chester Y. Luy


Board Audit and Compliance Committee

Committee Chairman

Yasuo Sato

Members

Florencia G. Tarriela *

Federico C. Pascual *

Chester Y. Luy


Executive Committee

Committee Chairman

Chester Y. Luy

Members

Christine Grace A. Bandol

Humildad M. Santelices

Shigeharu Sugimoto


Corporate Officers

President and CEO

Christine Grace A. Bandol

Business Development Head - Foreign

VP Shigeharu Sugimoto

Finance Head

AVP Ma. Cecilia A. Arenas

Corporate Secretary/OIC, Legal

SM Atty. Jose D. De Leon

Compliance Officer

SAVP Leandra E. Abainza

Audit Head

SM Evelyn C. Bulan

Risk Officer

M2 Frederick Allan R. Labog



Corporate Goals

The corporate aspirations of PNB-IBJL are a faithful adaption of the mission-vision statements of the shareholders. After all, it behooves us to toe the line of our parent company according to the tenets of the Joint Venture. Moreover, we find them quite apropos to our own circumstance.


Mission and Vision

OUR MISSION: We lease to fit your needs.

We provide leasing and financial solutions that fit our customers’ needs and advance their business opportunities. This we do while creating value to all our stakeholders.

VISION: By end 2021, PNB IBJL will be the preferred leasing company of high potential SMEs and Japanese investors nationwide delivering shareholder value


Our Core Values



PNB-IBJL: More than Just Leasing

Aside from leasing, PNB-IBJL provides the following client-friendly financial services:


PNB-IBJLEquipment Rentals Corp.

In order to provide Operating Leases to its clientele, PNB-IBJL Leasing established PNB-IBJL Equipment Rentals Corp., under RentAll brand in 2008. The wholly-owned subsidiary is designed to meet the equipment acquisition requirements of clients who wish to enjoy added advantages of an Operating Lease.




More about Operating Lease Benefits