Philippine Savings Bank engages in savings and mortgage banking. The company operates through the following segments: Consumer Banking, Branch Banking and Treasury. The Consumer Banking segment provides consumer-type loans generated by the Home Office. The Branch Banking segment offers consumer and corporate banking products. The Treasury segment handles institutional deposit accounts, providing money market, trading and treasury services, as well as managing the bank funding operations by use of government securities and placements and acceptances with other banks. The company was founded on June 25, 1959 and is headquartered in Makati, Philippines.