China Bank Savings (CBS), the thrift banking arm of Sy-led China Banking Corp., has teamed up with property developer NextAsia to widen financing options for Filipinos looking to own a home.
The agreement gives NextAsia buyers access to CBS financing as the lender seeks to grow its consumer lending business.
CBS Consumer Lending Group head Kristine Michele Broadhurst and Housing Loans Division head Mary Joy Mariano sealed the deal with NextAsia president and chief operating officer Dustin Carreon and his team at the BPI-Philam Building in Alabang, Muntinlupa.
CBS said the tie-up is the first of several initiatives planned by its Housing Loans Division to reach more prospective homeowners.
