CBS China Bank Savings, the country’s second-largest thrift bank, is opening new locations in Visayas and Mindanao as part of an aggressive expansion plan in support of the region. New branches will be in Panabo City, Davao del Norte and South Coast Center, Talisay City Cebu. At the same time CBS is upgrading the CBS Davao-Toril branch, moving it to a new location in the G Mall of Toril. The two branches in Davao region open on November 7 and 8. The Talisay branch in Cebu will open on November 18.
From left to right:
Alsons Dev’t & Investment Corp. President & CEO Miguel Rene Dominguez, Gaisano Malls Leasing Manager Ivy Tharyn Omo, CBS President James Christian T. Dee, Senior Vice President & Head Retail Banking & Consumer Lending Group – Mr. Jan Nikolai Lim
With the series of openings, CBS will have a total of 38 branches, APDs, and branch-lites in Visayas, and 35 branches, APDs, and branch-lites in Mindanao for a total of 73 in VisMin.
CBS China Bank Savings President James Christian T. Dee travelled all the way from Manila to lead the VisMin region openings. “We continue to celebrate CBS’ growth in the VisMin region as we unveil these new, more optimized spaces designed to better serve our clients and partners. The VisMin region has a lot to offer the Filipino community—with its wide range of agricultural products, rich cultural heritage, and famous tourist destinations, it is a vital part of the business industry,” CBS China Bank Savings President James Christian T. Dee said.
From left to right:
CBS Mindanao Area Head Ms. Maria Theresa Pacheco,CBS Senior Vice President & Head
Retail Banking & Consumer Lending Group – Mr. Jan Nikolai Lim, Anflo Management & Investment Corp. (Anflocor) Vice President Jose Manuel Lagdameo, H.P.T. Realty Owner (CBS Lessor) Isabel Tahadlangit, Anflo Management & Investment Corp. (Anflocor) SVP/Group Chief Finance Officer Alfred Samson. Officer Alfred Samson Panabo Chamber of Commerce & Industry President Reynaldo Gulane
Dee also renewed the CBS commitment to serve the VisMin community. “We are committed to enhancing your banking experience and to providing you with financial solutions that deliver the brand promise of Easy Banking for You.”
CBS has been very active in the region. The Bank was a sponsor of the 33rd Mindanao Business Conference held in General Santos last September. At the conference, the Bank engaged with business owners and leaders facilitating a discussion on innovative financing practices in support of SMEs. Financial Wellness programs were also held for Department of Education Faculty and Staff across multiple locations in Visayas and Mindanao, helping teachers understand how to better manage their personal finances. The CBS APD Lending Group was also mobilized in support of the DepEd’s Brigada Eskwela 2024, delivering donations for the program across the region.
CBS China Bank Savings, the retail banking arm of China Banking Corporation has a network of 170 branches, more than 100 APD lending centers and ‘branch lites’, and 216 ATMs nationwide. CBS is committed to providing for the financing needs of the SME sector and retail customers and improving the quality of life of the communities it serves.
