Citystate Savings Bank Inc.
PPSE:CSB12.42
PHP
0.00
(0.00%)
ISIN
PHY1660Y1074
CUSIP
Y1660Y107
Return %
Stock
S&P 500
1Y
3.33
14.20
3Y
78.45
81.12
5Y
46.64
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- Full Time Employees
- 361
- Sector
- Finance
- Industry
- Regional banks
- Address
- Pasig Philippines
- IPO Date
- Jan 3, 2002
- Website
- citystatesavings.com
- Similar Companies
- Business
- Citystate Savings Bank Inc. is a Philippines-based thrift banking institution that provides a comprehensive range of retail, commercial, and trust banking products and financial services to individual, small and medium-sized enterprise (SME), and corporate clients throughout the Philippines. Founded in 1997 and headquartered in Pasig City, Metro Manila, the company operates as a member of the ALC Group of Companies and delivers its financial offerings through a nationwide branch network, automated teller machines, and digital channels. The bank organizes its operations primarily into Retail Banking, Commercial Banking, and Treasury and Trust Services segments. The company's core product and service portfolio includes deposit products, comprising regular savings accounts, checking and current accounts, ATM savings accounts, payroll accounts, time deposits, high-yield deposit programs, and foreign currency deposit unit (FCDU) US dollar savings accounts; consumer lending solutions, comprising auto and vehicle financing, residential real estate and housing mortgage loans, and personal credit facilities; commercial lending and corporate finance, consisting of SME term loans, working capital credit lines, commercial mortgages, trade financing, and project development loans; and trust and investment services, encompassing personal and institutional trust administration, living trust accounts, employee benefit trust management, and escrow agency services. Additionally, the bank provides auxiliary financial and payment services, including BancNet-affiliated debit and ATM cards; electronic funds transfers via InstaPay and PESONet; corporate cash management; utility and bills collection services; manager's check issuance; domestic and international remittance handling; and safe deposit box rentals. In recent developments, Citystate Savings Bank Inc. has undertaken significant strategic and operational changes aimed at strengthening its financial position and expanding its service capabilities. The bank has pursued capital optimization initiatives to enhance its capital adequacy ratios and support long-term asset growth in alignment with Bangko Sentral ng Pilipinas (BSP) regulatory frameworks. Concurrently, the institution has advanced its digital transformation agenda through core system modernizations, upgrading its electronic payment infrastructure and expanding digital onboarding and online transaction capabilities. Operationally, the bank has optimized its physical branch footprint across Metro Manila and provincial growth centers while intensifying cross-selling synergies, auto loan partnerships, and retail banking alliances across the broader ALC Group commercial ecosystem.