About CitySavings
CitySavings is a Financial Services company based in Cebu City (Philippines) founded in 1965. It operates as a commercial bank providing deposits, loans, and payment services to individual customers. It operates on a B2C model. CitySavings has completed 2 acquisitions, including PETNET and PR Savings Bank. Its focus areas include Finance, Banking, Commercial Banking and Retail Financial Services. Its competitors include Metrobank, RCBC and Security Bank; 1 of its 3 listed competitors has raised funding.
Company details
CitySavings, based in Cebu City, focuses on finance, banking, commercial banking, and retail financial services. Operates as a commercial bank providing deposits, loans, and payment services to individual customers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Cebu City, Philippines
- SectorsFinancial Services
- Website citysavings.com.ph
- Investments & AcquisitionsPETNET
& 1 more
Investments & Acquisitions by CitySavings
CitySavings has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include PETNET and PR Savings Bank.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Limited information is available on PETNET's core activities. | petnet.com.ph | Makati, Philippines | 0 | Dec 2018 | $35.82M | |
Retail banking services are provided to customers in the Philippines. | prsavingsbank.com.ph | Cauayan, Philippines | 1977 | Jan 2018 | •••• |
Complete acquisition details for CitySavings
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Timeline of CitySavings
3 dated milestones of CitySavings across 53 years, from founding to its latest funding, stage changes and deals.
- Founded CitySavings is founded.
- Acquisition Acquires PR Savings Bank.
- Acquisition Acquires PETNET.
Competitors of CitySavings
CitySavings has 3 listed competitors in our database, 1 of them funded. They include Metrobank, RCBC and Security Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| metrobank.com.ph | 1979 | Makati, Philippines | 12,524 | Commercial bank | ||
| rcbc.com | 1960 | Makati, Philippines | Fund of funds focused on micro, small, and medium enterprises | |||
| securitybank.com | 1951 | Makati, Philippines | $782M | Commercial banking services are provided to businesses and individuals. |
Detailed competitors of CitySavings
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Related news about Citysavings
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Frequently Asked Questions about CitySavings
CitySavings was founded in 1965.
CitySavings is headquartered in Cebu City, Philippines. It is registered at Cebu City, Cebu, Philippines.
CitySavings, based in Cebu City, focuses on finance, banking, commercial banking, and retail financial services. Operates as a commercial bank providing deposits, loans, and payment services to individual customers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
CitySavings's top competitors include Metrobank, Security Bank and RCBC.
CitySavings has made 2 acquisitions, including PETNET, and PR Savings Bank.