By Nora Sorino
Iligan City Bureau Chief
China Banking Corporation (China Bank) officially opened Saturday its new branches in Iligan City, official said.
In a statement, China Bank branch head Ronald O. Lua, said the newly opened branch located at National (Tibanga) Highway, barangay San Miguel, in this city is now opened Mondays to Fridays, 9:00 a.m. to 4:00 p.m. and on Saturdays, from 9:00 a.m. to 12:00 noon.
He said among the services the bank offers are deposits and related services, international banking services, cash management services, loans and credit facilities, specialized lending services, consumer loans (Auto/Housing), investment banking, life and non-life insurance, remittance services, wealth management, securitization, financial advisory and electronic banking services.’
Like any other bank, it is supervised by the Bangko Sentral ng Pilipinas and the maximum deposit insurance is P500,000. It is a member of BancNet.