Republic of the Philippines - Stamps & Postal History

RP Issues of 2016











2016, October 19.  Philippine Trust Company (Philtrust Bank) Centennial

Litho Offset, Amstar Company, Inc.,  Perf 14

Singles,  Sheets of  40



12p  Philtrust Building - Singles  (101,000) 


Layout Artist:  Victorino Z. Serevo


Design:  Facade of Philtrust Bank building in Binondo, Manila


First Day Covers:  Manila





Philippine Trust  Company (Philtrust Bank) - 100th Anniversary


PHILTRUST BANK, also known as the Philippine Trust Company, is the first institution to engage in the trust business under Philippine law. It started operations on October 21, 1916.

Its organization was the result of an increasing number of estates needing administration, minor heirs requiring guardianship services and other estates which needed trusteeship relations, of which there was none in existence at the time. Trust accounts also involved receiverships, assigneeships, custodian of wills and estates under court appointed or private administration. Essentially, therefore, the fiduciary role was the guiding light of the new company. Banking is indeed vested with public trust and confidence and the relationship between bank and client must remain deeply rooted thereon. Hence, even in its humble beginnings, the Philippine Trust Company anchored its hopes for greater service to the community on its commitment to trust and confidence.

The Bank's continued growth and development has been possible with the wholehearted support of all its constituents, clientele, policy and decision makers, able officers and staff and its unswerving loyalty to the high traditions of responsible banking.

Today, the Bank is being fully equipped and automated with the most modern and sophisticated bank equipment. A system of computerization is being installed for practically all bank transactions. The savings accounts machines system for which the Bank is particularly proud because it was the first bank in the Philippines to introduce the same in the early thirties is being modernized and refined with the latest equipment. 

The Bank's Head Office is now housed in a sprawling complex on the United Nations Avenue corner San Marcelino Street in Manila. The old Head Office Building on Plaza Goiti (Plaza Lacson) now houses its Sta. Cruz branch. The bank also owns many of its branch buildings and properties in Manila and in the provinces. It is the second oldest private commercial bank in the country. Known for its conservatism, it has acquired and enjoyed the confidence and reputation for financial stability and reliability in services.

For 100 years since its establishment, Philtrust Bank now has a total of 61 branches, 40 located in Metro Manila and 21 in the provinces. Greater emphasis is being given to regional operations and financing of priority industries relevant to the need of growing economy of the country.






  • Banking



Articles by Dr. Ngo Tiong Tak

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Issues of 2016