Wednesday, February 7, 2018

Citystate Savings Bank, Inc. (CSB)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Citystate Savings Bank, Inc. (CSB)
Sector
Financials
Incorporation Date
May 20, 1997
Subsector
Banks
Number of employees
322 (Group Total)
Board of Directors
Chairman: D. Alfred A. Cabangon, Vice chairman: Alfonso G. Siy
Website / E-mail
http://www.citystatesavings.com
2. Stock Information
Total Assets
3,665,023,525
Market Capitalization
657,067,931.94
Total Liabilities
2,914,262,773
Outstanding Shares
72,764,998
Retained Earnings
-256,013,647
Listed Shares
72,764,998
Listing Date
Jan 03, 2002
Issued Shares
72,764,998
Board Lot
100
Free Float Level (%)
18.11%
Par Value
10.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORPORATION (FILIPINO)
CABANGON CHUA, AMB. ANTONIO L.
CABANGON, D. ALFRED A.
FORTUNE GENERAL INSURANCE CORPORATION
35.76%
11.89%
07.55%
07.53%
4. Company Descriptions and Business Development
Notes
1. Antonio L. Cabangon Chua holds total 19.38% stake. He has interests in many companies of ALC Group such as ALC Realty Development Corporation, Citystate Tower Hotel, Inc. Fortune Medicare, Inc., Home Radio, business mirror (news paper), DWIZ 882AM, Fortune Life Insurance, Eternal Gardens Memorial Park, AAA Southeast Equities, Inc., Manila Grand Opera Hotel, Clayton Learing Center and Brown Madonna Presss 9TV (NCC Philippines).
Overview
It provides traditional products and services offered by a thrift bank through its 30 branches established mostly in Metro Manila. The bank caters to the needs of corporate, middle market and retail clients.


Business
It recorded P211 million of interest income and with net deficit -100 million in 2016.

Subsidiaries / Associates / Affiliates / Joint Ventures

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MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...