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Corporate Trust and Agency Services
1. Fund Management Services
a. Retirement Plan
- A trust set up for the creation of a tax-exempt retirement fund. As trustee, we offer our investment management services to help maintain the fund’s soundness and assist in its growth, the timely preparation of financial reports and release of benefits due to your retirees.
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b. Trust Fund Mandated by Government Agencies
- A trust set up to meet specific requirements of law
(i.e. pre-need companies).
c. Foundation Fund
- A trust fund set up for varied but specific purposes,whose nature may be either social, cultural, civic, charitable, for scientific or medical development, etc.
d. Mortgage Trust Indenture
- A trust arrangement to maximize utilization of collateral properties by pooling them into a Mortgage Trust Indenture, allowing their use as collateral for several loans from different financial institutions on an equally preferred basis with the Bank acting as intermediary between the mortgagor/trustor and the several creditors.
2. Agency Services
a. Stock Transfer/ paying Agency
- A trust arrangement to handle efficient and orderly issuance, cancellation and monitoring of stock certificates, and the timely preparation and submission of reports to the Philippine Stock Exchange (PSE) and the Securities and Exchange Commission (SEC). Also serve as paying agent for stock and cash dividends stockholders
b. Escrow Agency
- A trust arrangement where money, securities documents or other property is held in trust to facilitate a contract between two parties where one party has to work to meet certain prerequisite/conditions before the property held in trust will be released. This also includes POEA escrow deposit requirements of recruitment agencies.
c. Custodianship
- A trust arrangement set up for the principal purpose of safekeeping and preservation of assets.
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