Philippine Trust Company (PTC), also known as Philtrust Bank, was incorporated on October 21, 1916. On June 5, 2007, the Bangko Sentral ng Pilipinas granted PTC the authority to operate as a universal bank.
The Company offers domestic, international and trust services. Domestic services include checking accounts, savings accounts, time deposits, money market placements, business loans, transfer of funds and collections, remittances, securities investments and safety deposit boxes. International transactions involve commercial letters of credit, collections and remittances, foreign exchange, traveler's checks and FCDU transactions. Trust operations consist of trust placement, investment management, estate administration/trustee of bond issues, savings and pension plan administration, insurance trust, and acting as escrow agent and stock registrar and transfer agent.
As of December 31, 2018, PTC has a network of 60 branches and 66 automated teller machines nationwide.