Chinatrust (Philippines) Commercial Bank Corporation, the only listed foreign bank in the
country, will soon open a branch and a Consumer Finance Center at the Ground Floor, Gateway
Tower 1, Limketkai Center, right at the heart of Cagayan de Oro commercial district.

“Our expansion strategy has always been to have a banking presence in the major cities of
Visayas and Mindanao, and the opening of our Cagayan de Oro branch is consistent with this
strategy,” says Chinatrust Executive Vice President and Retail Banking Head Anthony Robles.

Now on its fourteenth year in the industry, Chinatrust has carved its niche as one of the top
commercial banks in the country today catering to the needs of mostly businesses and the working
class individuals. It has also maintained its market leadership in the personal loans business.

“The vast majority of the Filipino population is composed of salaried workers, managers, and
executives whose income are constant and who have a need for credit to smoothen out occasional
glitches in their finances.” said Robles. “These individuals are usually more prudent in their use of
funds and are more conscientious in fulfilling their obligations.”

Robles further revealed that it intends to keep its dominance in the personal loans business as
it brings the product closer to its target market. “We have made our Salary Stretch personal loan
product available in our branches in Metro Manila, Central Luzon, Cebu, Davao, and soon in Cagayan
de Oro,” continued Robles. “We have also improved our credit process to make it possible for a
borrower to apply for a loan in the morning, and get his cash in the evening, without sacrificing our
credit criteria.”

Chinatrust Philippines has one of the largest branch networks among foreign banks in the
country. It is a subsidiary of Chinatrust Commercial Bank (CTCB), the largest and most awarded
private commercial bank of Taiwan and one of the 200 biggest banks in the world in terms of capital.