01/06/2026
CBS China Bank Savings Sustains Growth Momentum in Q1 2026
May 2026 — CBS China Bank Savings reported continued growth in the first quarter of 2026, posting a net income of ₱631.2 million, up 11.5% year-on-year (YoY), driven by sustained strength across its core business segments.
The bank’s net interest income rose by 20.4% YoY to ₱2.8 billion, supported by continued expansion in its lending operations.
Total assets reached ₱217.3 billion, backed by a growing customer base of more than one million clients. Net loans increased by 11.5% YoY to ₱155.5 billion, largely fueled by growth in salary and business loans. Deposits also climbed 12.0% to ₱191.4 billion, strengthening the bank’s liquidity and funding position.
CBS President James Christian T. Dee expressed confidence in the bank’s ability to maintain its growth trajectory, citing strong customer relationships and loyalty as key drivers of performance.
“CBS prides itself in maintaining strong relationships with its customers, and they have rewarded the Bank with loyalty. There is no substitute for trust and dependability, and the Bank provides that in spades whatever the circumstance,” Dee said.
Asset quality remained stable, with the bank reporting a non-performing loan (NPL) ratio of 2.9%. The bank noted that its NPLs continue to be adequately covered by loan-loss allowances, reflecting its conservative provisioning strategy.
CBS Chairman Ricardo R. Chua highlighted the bank’s adaptability and strong market position amid changing economic conditions.
“These are interesting times, but a young bank like CBS can be more agile and can adapt to the changing environment faster. Already CBS is establishing itself in the thrift banking space as a significant player,” Chua said.
He added that the bank’s broad range of affordable and readily available loan products, combined with a competent and driven workforce, positions CBS well to meet the needs of its target market.
Expansion and Digital Transformation
CBS continues to strengthen its nationwide presence through a network of 175 branches, 34 ADP lending centers, and 73 ADP branch-lite units, supported by more than 3,000 employees.
As part of its expansion strategy, the bank converted 10 branch-lite units into full-service branches in April 2026 and plans to open five additional branches before the end of the second quarter, increasing its total branch network to 190 branches.
The bank also continues to invest in digital capabilities as part of its broader transformation initiatives.
CBS Senior Vice President and Retail Banking Group Head Jan Nikolai M. Lim, who leads the bank’s nationwide branch expansion, emphasized the institution’s commitment to extending its “Easy Banking” services despite current economic uncertainties.
“We at CBS are eager to provide our ‘Easy Banking’ services nationwide, and that is why we continue to expand our branch network despite accelerating inflation. We are confident in the resilience of the Philippine economy and recognize the ingenuity and resourcefulness of Filipino entrepreneurs, who require financial support from the banking sector to ensure sustainability and prosperity,” Lim said.
Outlook
For the remainder of 2026, CBS said it will focus on expanding higher-yielding loan segments, growing its current and savings account (CASA) base, deepening customer relationships, improving operational efficiency, and continuing investments in both physical and digital banking capabilities.
