CBS China Bank Savings announced it is maintaining its credit standards and prioritizing lending to small and medium enterprises as part of its Build and Rise advocacy, according to Philstar Biz.
The savings bank emphasized that it continues to support SME borrowers despite a challenging economic environment, aiming to provide accessible financing options to help small businesses grow and sustain operations. The Build and Rise advocacy focuses on empowering entrepreneurs through tailored loan products and financial guidance.
By maintaining its lending standards, CBS China Bank Savings seeks to balance risk management with its mission to foster economic development at the grassroots level. The bank's commitment reflects a broader industry trend of financial institutions strengthening support for SMEs, which are vital to the Philippine economy.