Manuel G. Santiago, Jr. is the President of City Savings Bank, a major thrift bank in the Philippines. He plays a key role in expanding CitySavings' reach through accelerated digital transformation initiatives while focusing on strengthening the bank's financial inclusion programs.
For our readers who may not be familiar with the banking industry in the Philippines, how would you introduce City Savings Bank to them?
City Savings Bank (CitySavings) is the thrift bank subsidiary of the digital trailblazer, Union Bank of the Philippines, which are both members of the Aboitiz Group, targeting the mass market segment.
CitySavings is the market leader in teachers’ salary loan business. We are also the market leader for motorcycle lending for independent dealers. We have become the second largest thrift bank in terms of assets in the Philippines today.
City Savings Bank: Digital transformation as a tool to provide the best customer service
Digital Reinvention community
With Qorus memberships, you gain access to exclusive innovation best practices and tailored matchmaking opportunities with executives who share your challenges.
Related news & insights
ESG and the future of banking: Laboral Kutxa
As environmental, social, and governance (ESG) factors continue to reshape the financial sector, Laboral Kutxa stands out with a cooperative...
Mortgages – Ready for digitization
In this article, we aim to lay a comprehensive framework to innovation covering three dimensions - business model, organizational capabilities,...
Absa targets digital entrepreneurs with new e-commerce app
A unified approach to online retail.
Access Bank: Betting big on digital distribution
Access Bank, one of Nigeria's top financial institutions, is prioritizing digital transformation in its pursuit of becoming one of the...
A new kind of cross-border banking emerges
PEXX expands access to USD banking in 50+ countries.
CommBank expands Yello Program with more perks and simpler access
New tiers and streamlined eligibility aim to broaden customer reach.
KBC moves to acquire Slovakia’s 365.bank in strategic CEE expansion
Deal to strengthen retail banking presence and market share in Slovakia.
Shift to services exposes banks to lurking risk of revenue leakage
The complex legacy systems that support many of the banks’ new fee-based services frequently leak revenue. It’s a risk that...