Citystate Savings Bank relocates branch

MANILA, Philippines - Citystate Savings Bank has moved its branch on Pasay Road to Legaspi Village in a bid to make it more visible and accessible to more clients in Makati. The new location is at the Century Plaza building, 120 Perea St., Legaspi Village, Makati. Citystate Savings president and chief operating officer Rey Delfin said the new branch site is surrounded by business establishments and upscale condominiums. The relocation meets the increasing demand of the community for convenient banking, focused consumer lending, and the capital needs for small and medium enterprises. At present, Citystate Savings Bank has a network of 27 branches, 21 in Metro Manila and six provincial branches in Meycauayan, Baliuag, Plaridel, Cebu, Dagupan and Batangas.  The bank operates a total of 38 on-and off-site automated teller machines (ATMs). Citystate Savings Bank as a partnership between Filipino investors in the Fortune Insurance Group and the Citystate Management Group Holdings Pte Ltd, a prominent Singaporean investment holding company. Fortune Insurance Group is composed of leading insurers Fortune Life Insurance Co., Fortune General Insurance Corp., and Fortune Medicare Inc., a management care and health maintenance organization (HMO).