CBS posts P1.2-B net income in 1st Half 2025

August 8, 2025 China Bank Savings grew profit to P1.2 billion in the first half, a 19% year-on-year growth in net income, keeping it on course for another record year. Total Assets came in at P205.5 billion, higher by 8.7% or P16.4 billion from December 2024 levels, mainly driven by continued loan expansion. Total loans expanded by 8.6% to P147.1 billion supported by continued growth in APD, Auto, Housing, and SME lending. Deposits grew by 8.8% to P181.4 billion from December 2024. Asset quality improved as the Non-Performing Loans (NPL) ratio decreased to 2.8% from the previous year’s 2.9%, less than half the thrift banking industry’s average of 6.6% in the first quarter. CBS has posted record breaking profits every year since 2021 and is on course to do the same this year. In July 2025, parent bank China Banking Corporation infused an additional P1 billion in capital into CBS, part of the P2 billion capital infusion approved in 2023, to further bolster the savings bank’s performance and ability to cater to the financing needs of the markets it serves. This is a testament to the Parent Bank’s strong and unwavering confidence in CBS. President James Christian T. Dee says, “We are grateful for the support of CBC, and we are committed to further growing CBS into the leading savings bank preferred by all markets we serve. We continue to perform well despite economic headwinds such as geopolitical uncertainties and shifting monetary environments. We will follow our game plan of expansion both physically and digitally to ensure we reach as many Filipinos as possible.” CBS is the second largest thrift bank in the Philippines in terms of assets based on BSP data. It will be expanding its physical branch network following the approval by the Bangko Sentral ng Pilipinas of licenses for additional CBS branches in Cagayan de Oro and Ormoc City, Leyte. Currently CBS has 170 branches, and 107 branch-lites and lending offices for a total of 277 locations nationwide. CBS also has a total of 259 ATMs deployed nationwide as of July. INQUIRER.NET China Bank Savings nets P1.2B in first semester MANILA BULLETIN China Bank Savings on track for 5th record year BILYONARYO.COM China Bank's thrift unit extends growth run with P1.2 billion profit in first half cbs facade