China Banking Corp. (China Bank) plans to continue the expansion of its branch network this year by over 400 branches.
In a statement, China Bank said that for 2013 alone, it closed the year with a total network of 368 branches nationwide.
Included in its expanded branch network last year was the opening of six branches and mini branches of its thrift bank arm China Bank Savings (CBS) on December 27.
Meanwhile, China Bank Guagua, Iloilo-Jaro, Isabela-Roxas and Nueva Ecija-Santa Rosa branches bring the main bank’s branch network to 295.
Meanwhile, CBS’ two new mini branches in Savemore and the 15 Unity Bank branches push the savings bank’s branch count to 73.
China Bank’s 13th branch in Pampanga, Guagua branch, is located at Yabut Building, Poblacion, Guagua; Iloilo-Jaro branch, the Bank’s 5th branch in Iloilo is along E. Lopez Street, Jaro, Iloilo City; Isabela-Roxas, the fourth China Bank branch in Isabela, is located along the National Highway, Barangay Bantug, Roxas; Nueva Ecija-Santa Rosa Branch, and the sixth China Bank branch in Nueva Ecija, is along Maharlika Highway, Poblacion, Santa Rosa.
The new full-service China Bank branches are open from Monday to Friday, from 9 a.m. to 4 p.m., and are equipped with an ATM and a night depository box for 24/7 service.
CBS’ new mini branches are at Savemore Amang Rodriguez Branch at Amang Rodriguez Avenue corner Evangelista Street Santolan, Pasig City, and Savemore Acacia Estates Branch at Acacia Taguig Town Center, Acacia Estates, Ususan, Taguig City. CBS now has 11 mini branches, 10 of which are at Savemore and one at Fil Oil in Tanuan, Batangas.
“CBS’ mini branches offer the best of both worlds—face-to-face interaction with tellers and fast and convenient service through e-banking channels,” the bank stated.
The mini branches in Savemore are open daily from 10 a.m. to 7 p.m. and are equipped with an ATM, night depository and Online Banking Kiosk.
In 2013, a total of 12 China Bank branches and 25 CBS branches and mini branches were opened.