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thrift bank

Phone screenshots that provide an example of the new QR payment solution from Salmon Group and AllBank

Salmon Group and AllBank sign pact to provide QR payments in PH, simplify repayments

by Joel Pinaroc, Correspondent Fintech firm Salmon Group has partnered with AllBank — a Philippine-based thrift bank — to introduce a QR Ph-enabled payment system aimed at simplifying repayments for financial products. The new system is expected to help eliminate the need to input details manually for traditional payments. AllBank is touted to be the […]

CitySavings Chair Ana Aboitiz-Delgado together with other bank officials while leading the inauguration of the thrift bank’s Bank on Wheels

CitySavings’ “Bank-on-Wheels” bringing banking services closer to Filipinos

City Savings Bank (CitySavings), the thrift bank subsidiary of Aboitiz-led Union Bank of the Philippines (UnionBank), debuted its groundbreaking “Bank-on-Wheels” (BOW) mobile kiosk recently as part of its advocacy work on financial inclusion in the Philippines. The launch of the mobile kiosk was also meant to champion the thrift bank’s sustainability endeavors. Championing financial inclusion: […]

Facade shot of China Bank (with logo)

China Bank to sustain loan expansion program, invests P2 billion in its thrift bank division

Listed China Banking Corp. is injecting an extra P2 billion into its thrift banking division to support continued loan growth and increase its capacity to service new banking population segments. The capital infusion to China Bank Savings Inc. (CBSI) was approved by the board of directors of the Sy-led bank recently in order to support […]