Wednesday, April 25, 2018

PNB seeks approvals to build new 60-story HQ in Buendia

Billionaire Lucio Tan is seeking regulatory approvals for a planned state-of-the-art and world-class 60-story building that would serve as the headquarters of banking unit Philippine National Bank (PNB).

PNB first senior vice president Alice Cordero said in a press conference the bank has applied for proper approvals with the Bangko Sentral ng Pilipinas (BSP) for the proposed ‘legacy’ building that would rise in the foreclosed 8,000 square-meter property from presidential advisor on economic affairs and information technology communications Ramon Jacinto.

“We are on the last segment and we are very optimistic. It is a legacy that we are going to put up in Makati, the design is world-class,” she said.

Cordero said the bank has tapped a world-renowned architectural firm based in New York for the development of the property situated at the corner of Gil Puyat Avenue and Paseo de Roxas in Makati City.

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