Humble beginnings

 

China Bank Savings’ roots can be traced to China Banking Corporation’s acquisition of Manila Bank in 2007.  The newly established thrift bank first focused on deposits, consumer loans and trust services. From a lone branch in Ayala Avenue, China Bank Savings was able to branch out to six locations in just one year.

 

The expansion allowed them to double their assets by 55.6% in 2009 and introduce three new products—the Easi-Earn High Five, a five-year time deposit account that earns interest tax free; Easi-Save for Kids for little savers aged 12; and the Easi-Checking Diary, a checking account with a passbook for easier monitoring.

 

In 2010, China Bank Savings opened ten more branches, which increased the deposit level by 38 percent. Also launched were Easi-Drivin’ Auto Loan and Easi-Save Basic, a unique ATM service that lets clients instantly get their ATM cards as soon as they open an account with zero initial and maintaining balance. The number of account holders increased by 93% and deposits by a record high of 99 percent.


 

VISION:


To be the leading savings bank preferred by the markets we serve.

 


MISSION:


As the leading savings bank, we deliver the best in banking, thus:



We provide wealth-building and practical products and services that fulfill the dreams and uplift the markets we serve.

We value our employees by nurturing, developing and rewarding them, as they are vital to our success.

We maintain the highest ethical standards through good corporate governance; deliver maximum and sustainable returns for our shareholders; and serve our communities to help promote better lives.



CORE VALUES:


Integrity
Doing the right things to everyone at all times.


Teamwork
We work together in harmony and respect each other in order to achieve our shared goals.


Pursuit of Excellence
We have high performance standards that exceed expectations of our customers and stakeholders.


Customer Focus
We build and maintain solid and lasting relationships that results to customer loyalty.


Concern for our People
We provide an equitable, a respectful, and a safe working environment for all our employees.


Fairness and Firmness
We make decisions free from discrimination and we are resolute in our decisions.