SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Aug 22, 2023

2. SEC Identification Number

A199701584

3. BIR Tax Identification No.

005469606

4. Exact name of issuer as specified in its charter

Philippine Business Bank, Inc.

5. Province, country or other jurisdiction of incorporation

Caloocan City

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

350 Rizal Avenue corner 8th Avenue, Gracepark, Caloocan City Postal Code 1400

8. Issuer's telephone number, including area code

(02) 8363-3333

9. Former name or former address, if changed since last report

-

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON	818,750,094

11. Indicate the item numbers reported herein

-

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Philippine Business BankPBB

PSE Disclosure Form 13-1 - Change in Shareholdings of
Directors and Principal Officers References: SRC Rule 23 (SEC Form 23-B) and
Section 13 of the Revised Disclosure Rules

Subject of the Disclosure
Change in Shareholdings of Directors and Principal Officers
Background/Description of the Disclosure
Change in the shareholdings of Mr. Rolando R. Avante, Vice-Chairman & President/CEO.

Name of Person	Rolando R. Avante
Position/Designation	Vice-Chairman & President & CEO

For Equity Securities

Type of Security / Stock Symbol	Date of Transaction	Securities Acquired (A) or Disposed (D)			Ownership Form Direct (D) or Indirect (I)	Nature of Indirect Beneficial Ownership
		Number of Shares	(A) or (D)	Price per Share
PBB	Aug 18, 2023	30,400	A	7.25	D	-

Number of Shares Owned after the Transaction

Direct	2,750,022
Indirect	-