EXECUTIVE Compensation. Philippine Savings Bank (PSBank) estimated the total compensation this year of its five top executives at P52.99 million - P38.76 million in salaries and P14.23 million in bonuses. The total translates to an average of P10.598 million each, but it does not necessarily mean each of them would be entitled to that amount. The list only attributes their total compensation for 2014.

The compensation filing also listed the group’s compensation of P48.18 million in 2013 – P35.24 million in salaries and P12.94 million in bonuses; and P40.91 million in 2012 – P32.67 million in salaries and P8.24 million in bonuses.

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