Being part of the Yuanta Financial Holdings group in Taiwan, Yuanta Savings Bank Philippines adopts the core values of the conglomerate and is aspired to become a mid-tiered thrift bank in the Philippines in terms of asset scale through sound risk management and operational efficiency,
To become a mid-tiered thrift bank in the Philippines and to create value for our clients, employees, and shareholders by:
1. Providing a broad range of excellent and value-added financial products and services to our customers;
2. Creating an environment of hardworking, competent, highly motivated and honest individuals by providing excellent career opportunities and professional development;
3. Maximizing shareholders value, taking advantages of its market niche to assist its stakeholders in creating wealth and achieving their financial dreams.
■ Seize opportunities and build client wealth.
■ Enhance performance and promote employee welfare.
■ Create value and increase shareholders return.
■ Encourage teamwork and discipline in achieving our goals.
Yuanta Savings Bank Philippines, Inc. (the Bank) was formerly known as TONGYANG Savings Bank, Inc. It was formally registered in the Securities and Exchange Commission (SEC) in 1 August 1997 and was granted its thrift bank license by the Bangko Sentral ng Pilipinas on 24 October 1997. The Bank started its commercial operations on 5 November 1997.
To further expand its banking operations, the Bangko Sentral ng Pilipinas granted the Bank its Foreign Currency Deposit Unit (FCDU) License on 14 June 2007 giving the Bank the authority to accept foreign currency deposits. On 9 May 2008, the Bank opened its first branch strategically located in Madrigal Business Park, Alabang, Muntinlupa City.(Closed last August 31, 2020), the Bank opened its second branch located in Ortigas Center, Pasig City (Closed last April 30, 2020).
On 5 August 2015, Yuanta Savings Bank becomes a wholly owned subsidiary of Yuanta Commercial Bank in Taiwan, a company under the umbrella of Yuanta Financial Holdings due to its acquisition of the 100% equity shares of the Bank from Yuanta Securities Korea Co., Ltd (formerly: TONGYANG Securities, Inc.). On 18 July 2016, the SEC approved the change of its name from TONGYANG Savings Bank, Inc. to Yuanta Savings Bank Philippines, Inc.
Deposits are insured by PDIC up to P500,000 per depositor.
Yuanta Savings Bank Philippines, Inc. is a wholly owned subsidiary of Yuanta Commercial Bank in Taiwan, and is regulated by the Bangko Sentral ng Pilipinas. For inquiries or complaints, you may call Yuanta Savings Bank Customer Service at (02) 8845-3838 or send e-mail to firstname.lastname@example.org.
Similarly, you may also contact the BSP Consumer Assistance Desk at (02) 8708-7087, E-mail Address: email@example.com, or go to https://www.bsp.gov.ph and click the