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CS Capital seals CSBank stake
Manila Bulletin
|September 27, 2025
Hong Konglisted CSC Holdings Ltd., through CS Capital Investment Pte. Ltd., has completed its acquisition of a 26.3 percent stake in the Cabagangon group's Citystate Savings Bank, Inc.
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In a disclosure to the Philippine Stock Exchange, CSBank announced that it was informed of the completion of the sale of 43.36 million shares to CS Capital for ₱736.68 million (₱16.9888 per share).
This is accompanied by the signing of Deeds of Absolute Sale, following the approval by the Monetary Board of the Bangko Sentral ng Pilipinas of the Transaction.
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