CBS China Bank Savings Continues Aggressive Expansion in Visayas and Mindanao

#CBSChinaBank 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.

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.  

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 serve