Obverse: Image of Philtrust Bank Binondo Building / PTC /Philtrust Bank Binondo / 100 years / 1916-2016

Reverse: Logo of Bangko Sentral ng Pilipinas, / Republika ng Pilipinas /100 Piso

Category: Commemorative

Denomination: 100 Piso

Mint     BSP Mint

Edge:  Reeded

Weight:            15 gm

Diameter:        34 mm

Thickness:      2.4 mm

Quality Brilliant: Uncirculated

Material:          Nordic Gold

Metallic Composition  89% Copper,5% Aluminium, 5% Zinc, 1% Tin

Designer: Rymer Gengoni

Engraver: Rymer Gengoni

Packaging       Brown Box with Literature

Date Issued    December 2016

Philtrust Bank began operations on October 21, 1916 in Binondo, Manila's central business district. Founded by a group of American Investors, the Bank's initial line of business was to act as trustee for families of the U.S. Military. Control subsequently passed to the Archdiocese of Manila. In 1919, the company went into full-fledged commercial and savings banking.

The Bank grew rapidly during the American Regime and the Commonwealth Period, but like the rest of the country, Philtrust Bank experienced the hardships of World War II that began on December 8, 1941.

 In the post-war decades of economic rehabilitation and development, Philtrust Bank was consistently rated as one of the most outstanding Philippine banks. It has been a byword for banking conservatism and reliability. The Bank's guiding principle has always been never to take undue risk with depositor funds.

In 1978, Don Emilio T. Yap and a group of close associates acquired the majority interest. The Bank has since grown from strength to strength. Granted a universal banking license in 2007, Philtrust Bank had resources of P141.503 billion as of end-March 2016.

Minted By

Bangko Sentral ng Pilipinas

Security Plant Complex

Quezon City, Philippines

Issued to commemorate the 100th Founding Anniversary of Philtrust Bank on October 21, 1916

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