OJT NARRATIVE REPORT (Allied Banking Corporation) November 12, 2012 February 22, 2013

INTRODUCTION Graduating students yearly undergo an On-the-Job Training for them to practice the theories and knowledge that they have learned on the three and a half years of their collegiate degree. This can also be used as a passport on job application as a job experience since we are fresh graduates and dont have any edge to compete and boast during job interviews. This is also considered as a stepping stone because if trainees have executed a great and excellent performance, probably the company that they have trained with might as well absorb them. In my case, I have given my service onto Allied Banking Corporation, Legaspi City Branch. On my almost 3 months of stay on the company, the knowledge and skills that I have taught are being enhanced as my trainers trained me. And honestly, they are all good in training people. Intact with this narrative report are my experiences on my On-the-Job Training.

COMPANYS HISTORY Allied Bank, formally known as Allied Banking Corporation, was one of the largest banks in the Philippines. It is also one of two universal banks in the Philippines not to be traded on the Philippine Stock Exchange, the other being the United Coconut Planters Bank. Recently, the merger between two Lucio Tan-led banks namely Allied Bank and the

Philippine National Bank was completed last February 9, 2013. The merger resulted into the 4th largest private domestic bank of the Philippines. The new bank will carry PNB.

Allied Bank was incorporated under the laws of the Republic of the Philippines on April 11, 1977, and granted by the Central Bank of the Philippines the Certificate of Authority to operate as a commercial bank on May 20, 1977. It was formally opened for business on June 2, 1977. On August 19, 1977, it was authorized to operate an expanded foreign currency deposit unit (FCDU) and in December 1981 granted to operate as expanded commercial bank or universal bank. As of December 31, 2007, Allied Bank was the 9th largest private domestic commercial bank in the country in terms of total deposits, and the 10th largest in terms of net worth.. Aside from its 283 domestic branches/offices, Allied Bank has 2 off-shore (OBU) branches in Bahrain and Guam; wholly owned subsidiary in the United Kingdom (Allied Bank (UK) Plc); a majority owned subsidiary in Hong Kong (Allied Banking Corporation (Hong Kong), Ltd.); a majority owned commercial bank subsidiary in Xiamen, Fujian Province, People's Republic of China (Allied Commercial Bank), and an affiliate commercial bank based in San Francisco, California, USA with a branch in Guam (Oceanic Bank). Representative offices were established in Australia, Germany, Italy, Japan, Singapore and Spain. In the Philippines, the universal banking group of Allied Bank includes a wholly owned savings bank, the Allied Savings Bank, wholly owned Allied Forex Corp. and an affiliate Allied Leasing and Finance Corporation.

On December 7, 2007, the Supreme Court of the Philippines affirmed a judgment dismissing the state's sequestration of Lucio Tan's companies: "There can be no question that indeed, petitioner's (the government's) orders of sequestration are void and have no legal effect." The landmark decision would trigger a planned between Philippine National Bank (PNB) and another Tan's Allied Banking Corporation. Edgar Bancod, research head, ATR-Kim Eng Securities, stated that the merged bank would become the country's 4th biggest after Metropolitan Bank & Trust Co., Banco de Oro-EPCI Inc., and Bank of the Philippine Islands. On February 9, 2013, the PNB-Allied Bank merger was completed and adopts the Philippine National Bank brand, making the merged bank as the 4th largest private domestic bank. Tarriela will be the chairman and Mier will be the chief executive of the merged bank

COMPANYS MISSION AND VISION Mission Statement To be among the pillars of the banking industry, a strong and resilient institution committed to lasting partnerships with and superior service to our clients; the well-being of our employees; fair return on equity for our shareholders; and national growth and development as financial catalyst. To Our Clients We shall always seek and preserve the trust and confidence of our clients and customers. We shall offer a wide range of products that will meet the customer's life aspirations. And we shall render excellent service to customers, treating them not only as customers but as people.

To Our Employees Realizing the value of our employees in achieving our goals, we will recognize their contribution to the efficient management of our institution. We shall promote productivity and a sense of belonging. To Our Company We shall pursue strength in our balance sheet and profitability in our performance. Cognizant of the demands of our exacting responsibility, we commit, without reservation, to apply the highest standards of probity, prudence, and professionalism in our tasks. To Our Country We acknowledge our responsibility to our country and commit to mobilize our resources in the interest of the economy. Recognizing the potential of our countryside, we shall constantly endeavour to expand our reach and distribution network to make meaningful contribution to entrepreneurial ventures. Vision To continually create value to be the preferential-universal Bank. Corporate Philosophy SERVICE is our ideal. We owe it to our clients, to the banking public, to the nation. They deserve no less

SERVICE is the essence of our corporate philosophy. It embodies the ideals that we stand for and live by:
STABILITY EXPERTISE RESPONSIVENESS VISION INTEGRITY COMMITMENT EXCELLENCE

COMPANYS OFFICERS Board of Directors: Chairman Vice-Chairman Treasurer Directors:

Lucio Tan Willy Co Mariano Tanenglian Bonifacio N. Yao Domingo Chua Manuel Gonzales Alfredo Jimenez Lucio Tan, Jr. Michael Tan Wilfredo Teodoro Rufina T. Yu

Officers: President Vice President / Comptroller Vice President - Underwriting Chief Accountant Asst. Manager - Fire Dept. Supervisor - Claims Dept. Supervisor - Casualty Dept. Supervisor - Marine Dept.

Bonifacio N. Yao Rufina T. Yu Michael Cua Leticia S. Gonzales Harold F. Tabo William N. Yao Angelito Castillo Gregorio Celucia

ON-THE-JOB TRAINING EXPERIENCES: Having my On-the-Job Training was the most exciting and memorable part of my collegiate degree. This is because that was the time I experienced how to become

responsible, efficient, and effective employee in my future career. I also felt that it was the last struggle that I will be into with. Talking about this training I have rendered it Allied Banking Corporation. I can say that the company that I have worked with was internationally known thats why I felt quite nervous if how Im got to handle myself on the training. I was first oriented by Mr. Alden Sambajon, one of the officers of the Legaspi Branch and was introduced to other employees there. After which Sir Alden referred me to Ms. Ems. She was also one of the officers there and shes the one who is in-charge on making money out of the volt. She was also the HR officer and the one who absorbs the efficient and effective trainees. On the first day of our training of course we felt nervous. The first task that was assigned to me is one of the paper works that the Accounts Officer is doing which is stamping the appropriate stamp on the new accounts of the clients that will be opened on the same day. It was simple of course and pressure free. I was also assigned as the call center agent (meaning the one who will answer the phone calls all over the duty) that day. Folding of money wrappers was also been learned on the same day and the first day was all went good. On the second day of the duty, same routine has been done and that was the time I have learned to call back checks. This is by first checking the checks bank account if it is similar on the statement, the date, check number, account name and most especially is the amount. At the same day I have also taught how to scan the important documents that the company should have as a soft copy. Faxing documents has been taught also at that time. On the third day, I had taught