Chinatrust eyes Cagayan de Oro

MANILA, Philippines - Chinatrust (Philippines) Commercial Bank Corp. is opening a branch and a consumer finance center at the Gateway Tower 1, Limketkai Center, Cagayan de Oro.

Chinatrust executive vice president Anthony Robles said that the foreign bank wants a presence in major cities in the Visayas and Mindanao. It has branches in Metro Manila, Central Luzon, Cebu and Davao.

Chinatrust Philippines is a subsidiary of Chinatrust Commercial Bank, the largest private commercial bank of Taiwan and one of the 200 biggest banks in the world in terms of capital.