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April 19, 2024

CBS China Bank bolsters financial inclusion efforts

The bank aims to boost its digital banking efforts.

CBS China Bank Savings, the retail lending arm of China Banking Corp., aims to roll-out its CBS GO, its mobile app to boost financial inclusion and speed up the shift to a cash-lite economy. Bankero and CBS Digital Business Banking Group head Adonis Yap said most Filipinos still have no bank accounts. Through CBS GO, the bank aims to promote financial inclusion, consumer confidence and spirit of entrepreneurship that are crucial for rapid economic recovery.