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China Bank Savings doubles provisions amid expansion push

Summary by Inquirer
MANILA, Philippines – China Bank Savings (CBS) is setting aside higher provisions as economic risks persist, while pressing ahead with branch expansion. During a media briefing on Thursday, CBS president James Christian Dee said the thrift bank doubled its credit provisions this year as it braces for risks from a weaker economy and geopolitical tensions. READ:
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Inquirer broke the news in Manila, Philippines (the) on Friday, June 19, 2026.
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