“City Savings Bank was founded by my great grandfather, Don Ramon Aboitiz, together with his trusted business partner, Teotimo Abellana, with a simple vision back then to serve people of moderate means. at Aboitiz, everything we do is anchored in our values and our greater purpose. We applaud DepEd for its commitment to improving the quality of education in our country, and rest assured that we in CitySavings and the whole Aboitiz Group are equally committed to enabling teachers and learners to reach their full potential.” ~Ana Aboitiz - Delgado, CitySavings Chairperson of the Board and UnionBank President and CEO
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| (From left) Department of Education (DepEd) External Partnerships Services (EPS) Director Ciela Mendoza, DepEd Assistant Secretary Cilette Liboro Co, DepEd Secretary Sonny Angara, City Savings Bank (CitySavings) Chair of the Board Ana Aboitiz - Delgado, CitySavings President and CEO Manuel Santiago, Jr. CitySavings AVP - Reputation and Brand Management Paula Viegelmann - Ruelan, and CitySavings SVP - External Relations Head Atty. Roel Eric Garcia. |
By signing a Memorandum of Agreement (MOA) with the Department of Education (DepEd) on February 17, 2025, City Savings Bank (CitySavings), the thrift division of Union Bank of the Philippines (UnionBank), which is led by Aboitiz, underlined its dedication to helping educators and students. The deal solidifies CitySavings' ongoing collaboration with the DepEd as it works to develop learning and teaching support initiatives that complement the government organization's current 5-Point Agenda, which proactively tackles pertinent concerns in the education sector.
“Through the years, we have been focused on our beloved teachers, serving their needs as we aim to be a teacher’s bank of choice. Since 2008, we have partnered with DepEd to provide relevant, accessible, and sustainable corporate social responsibility programs”. ~Manuel Santiago, Jr., CitySavings President and CEO
To promote digitization initiatives and enhance learning results in public schools, the Bank is donating laptops to a few DepEd divisions nationwide. The government agency's programs that guarantee students and schools are ready for tests are also intended to be supported by this project.
“City Savings Bank has long been a trusted partner not just in banking, but in nation building. Ang inyong ‘Tatak Aboitiz’ na malasakit at integridad ay ramdam din sa edukasyon, lalong lalo na sa pagpapaigting ng ating computerization program. Through your financial literacy programs, affordable loans, as well as your support during National Teachers’ Month and other DepEd events, we have felt your commitment that goes beyond profit. Hindi lang negosyo, kundi misyon ang dala nyo.” ~Sonny Angara, DepEd Secretary
He also commended other CitySavings initiatives to elevating communities through financial inclusion.
ABOUT CITY SAVINGS BANK
City Savings Bank, Inc. (CitySavings) is the thrift bank subsidiary of Union Bank of the Philippines (UnionBank) and a member of the Aboitiz Group.
It is one of the largest thrift banks in the country, providing a wide range of mass market financial products and services, such as salary loans to public school teachers, pension loans to GSIS and SSS pensioners, motorcycle loans, government salary loans, AFP salary loans, AFP pension loans for retired pensioners and legal beneficiaries, BFP salary loans, savings, checking, and time deposit products.
Today, CitySavings has more than 140 branches nationwide. It is well on its way to becoming the leading mass market bank in the Philippines, paving the way for inclusive and sustainable prosperity across the country. For more information, visit www.citysavings.com.ph
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