Friday, April 29, 2011

pnb in us-ca branches information 1

PNB Remittance Centers Worldwide, Inc. (PNB RCI) was incorporated on October 19, 1990 under its former name, Century Finance and Remittance Centers, Inc. (CFRCI). The California Department of Financial Institutions licensed it as a transmitter of money abroad in May 1991 with Philippine National Bank in USA (Bank, Money or Currency Changer | Transfer in UNITED STATES). It is also supervised and examined by different regulatory agencies in Nevada, Texas, Illinois, New Jersey, Virginia, Maryland, Florida, Washington State, Oregon and Alaska. PNB RCI is a subsidiary of PNB International Investments Corporation, which is wholly owned by the Philippine National Bank in Manila, Philippines Where main Branch can be found.




PNB RCI began its operations by opening the National City branch (in San Diego, California) in September, 1991 followed by Chicago, Illinois branch in February 1992 and the simultaneous openings of West Covina and Union City branches in March 1992. Jersey City in New Jersey, San Jose and Carson branches opened for business that same year. To further expand its remittance services and to reach a greater portion of Filipino-American remitters, additional branches were opened in Las Vegas, Nevada, Illinois, New Jersey, Maryland, Virginia, Arizona, Florida, Washington State, Hawaii and Texas. Today, PNB RCI has forty four (44) branches in the US and soon will be opening additional branches in California, Oregon and Alaska.
branches in california are the following

Philippine National Bank (PNB) PNB RCI Anaheim - pnb anaheim

Philippine National Bank (PNB) Artesia Office Remittance Center - pnb artesia

Philippine National Bank (PNB) Long Beach Remittance Center - pnb long beach




The high quality of client service, competitive exchange rate, and rapid delivery of funds make PNB RCI the no. 1 remittance company in the United States.
THE MERGER OF PHILIPPINE NATIONAL Bank and Allied Bank, which is supposed to create the countrys fourth largest bank, will not happen anytime soon, with officials saying the plan may likely push through only when the global economic crisis is over.



The problem is that the US Federal Reserve had maintained its decision to allow Allied Bank to merge with another bank only if it fully divests its shares in California-based Oceanic Bank. Allied has a 28-percent stake in the foreign bank.

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