CitySavings loans reach P100b on more products

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CitySavings loans reach P100b on more products
Philippines Latest News,Philippines Headlines
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CITY Savings Bank, the thrift banking subsidiary of Union Bank of the Philippines, said Monday its loan portfolio reached the P100-billion mark following its transformation into a financial institution that offers a wide range of financial products.

The thrift bank’s loan portfolio level soared with a 35-percent year-on-year increase at P97.5 billion and a 31-percent growth in interest income. The bank’s growth and innovation drive earned recognition in recent years as the 2019 Fastest Growing Savings Bank in the Philippines by the Global Business Outlook, 2020 Best Employer Brand by Employer Branding Institute – India and the 2021 Philippines Technology Excellence Awardee for its chatbot Talk to Maria at the Asian Technology Excellence Awards.

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Philippines Latest News, Philippines Headlines

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