November 24, 2017 7:04 AM ET


Company Overview of China Bank Savings Inc.

Company Overview

China Bank Savings Inc. provides personal and business banking products and services in the Philippines. The company offers savings accounts, time deposit accounts, checking accounts, and FCDU savings accounts; and trust services that include corporate/institutional trust, personal trust, wealth management/fund management, and other fiduciary services. It also provides auto, housing, commercial/SME, and personal loans; and cash management services, such as collections, disbursements, and liquidity management services. China Bank Savings Inc. was formerly known as The Manila Banking Corp. and changed its name to China Bank Savings Inc. in September 2008. The company is based in Makati City, t...

7 Floor

VGP Building

6772 Ayala Avenue

Makati City,  1226



63 2 864 5011


63 2 810 9226

Key Executives for China Bank Savings Inc.

President and Director
Age: 57
Senior Assistant Vice President and Treasurer
Chief Risk Officer, Head of Risk Management Group and First Vice President
Age: 41
Unit Head of Anti-Money Laundering Unit - Compliance Office and Deputy Senior Manager
Secretary and Director
Compensation as of Fiscal Year 2017.

China Bank Savings Inc. Key Developments

China Bank Savings Inc. Announces Management Appointments

China Banking Corporation approved the appointment of the following Bank officers to China Bank Savings Inc.: (a) Glenn M. Calacal, Deputy Senior Manager and Unit Head, Anti-Money Laundering Unit, Compliance Office; and (b) Noel D. Cachero, Senior Assistant Manager/Compliance Officer, Regulatory Compliance Unit, Compliance Office, subject to the approval/confirmation of the Board of Directors and the Bangko Sentral ng Pilipinas.

China Bank Savings Inc., Board Meeting, Jun 26, 2014

China Bank Savings Inc., Board Meeting, Jun 26, 2014. Agenda: To approve the proposed merger of PDB with CBSI.

China Bank Savings, Inc. Announces Executive Appointment

The Executive Committee approved, the interlocking appointments of the following officers of the Bank in its subsidiary China Bank Savings Inc. (CBSI) effective 25 August 2016, subject to confirmation of the Board of Directors and approval of the Monetary Board: Atty. Marissa B. Espino, Vice President and Chief Compliance Officer, as CBSI Chief Compliance Officer; and Ms. Joanne A. Serrano, Deputy Senior Manager and Compliance Officer, as CBSI Compliance Officer.

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Recent Private Companies Transactions

Private Placement
December 7, 2016

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