Banking
Aboitiz investments in banking are UnionBank of the Philippines, one of the world's soundest banks and City Savings Bank, a thrift bank for the working class.
www.unionbankph.com
UnionBank of the Philippines
  • Top five among competing Philippine banks in key financials: No. 3 in net profit, No. 1 in return on assets, No. 3 in cost-to-income ratio, No. 2 in return on equity, and number 5 in market capitalization.
  • The acknowledged leader and pioneer in e-banking in the country. One of the top five corporations in e-commerce strategy in the Philippines in 2001, as cited by Finance Asia.
  • Best Retail Bank in the Philippines, in the Asian Banker Excellence in Retail Banking Award for 2001.
  • One of the world's 25 soundest banks for four years in a row (1998-2001), in the annual ranking of the Banker magazine published in London.
  • Its financial portal and internet banking gateway, www.unionbankph.com, won three major awards in the 2001 Philippine Web Awards
  • www.unionbankph.com
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City Savings Bank
  • A thrift bank that has gained widespread public acceptance as a trusted bank for the masses
  • 24 branches and extension offices all over the Visayas and Mindanao specifically in Cebu City, Balamban, Cebu, Bogo, Cebu, Carcar, Cebu,  Mandaue City, Tagbilaran CIty, Ubay, Bohol, Tanjay City, Bacolod City, Iloilo City, Roxas City, Kabankalan, Negros Occidental, Antique, Panay, Davao City, Cagayan de Oro City, Tagum City, Ormoc City, Calbayog City, Tacloban City, Sogod, Southern Leyte and San Carlos City  
  • Has one of the best operating efficiencies in the thrift banking industry, lowest non-performing loans and highest capitalization levels
  • Has over 87,000 depositors and over 77,000 borrowers
  • It extends loans to individuals that are normally too small for commercial banks to handle. Though, it offers salary loans to private individuals, real estate mortgage or housing loans, loans against savings and time, car and business loans, majority of its loans are extended to public school teachers.  Its salary loans for teachers and private individuals, offers very reasonable interest rates.
  • Its deposit products also include the Regular Savings Account, the Students Savings Account, Kaugma-on (a Cebuano term meaning “future”) Savings Account and the Kaugma-on Savings Plus. The Regular Savings Account allows minimum deposit for as low as P 100 while the Students Savings is intended primarily for students to encourage them to save money and learn the value of saving. The Kaugma-on Savings Account offers high interest rates and allows the clients to earn bonus rates if no withdrawal from the account within one calendar month
  • Founded in 1966, the bank is now 43 years in operations