C08348-2020

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Dec 1, 2020
2. SEC Identification Number
A 1997-9587
3. BIR Tax Identification No.
005-338-421-000
4. Exact name of issuer as specified in its charter
Citystate Savings Bank, Inc.
5. Province, country or other jurisdiction of incorporation
Makati City, Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Citystate Centre Building, 709 Shaw Boulevard, Pasig City Postal Code 1600
8. Issuer's telephone number, including area code
(632) 8470-3333
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares 100,000,000
11. Indicate the item numbers reported herein
Item No. 9 only

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Citystate Savings Bank, Inc.CSB

PSE Disclosure Form 4-4 - Amendments to By-Laws References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Amendments to By-Laws of Citystate Savings Bank, Inc.

Background/Description of the Disclosure

Amendments to the Article VI, Section 3, Internal and External Auditor

Date of Approval by Board of Directors Dec 1, 2020
Date of Approval by Stockholders TBA
Other Relevant Regulatory Agency, if applicable -
Date of Approval by Relevant Regulatory Agency, if applicable TBA
Date of Approval by Securities and Exchange Commission TBA
Date of Receipt of SEC approval TBA
Amendment(s)
Article and Section Nos. From To
Article VI, Section 3 The Internal and External Auditors shall receive such compensation or fee as may be determined by the President or such other officer(s) as the Board of Directors may authorize. The Internal and External Auditors shall receive such compensation or fee as may be determined by the Audit Committee or such other officer(s) as the Board of Directors may authorize.
Rationale for the amendment(s)

The Bank is amending the Article VI, Section 3 of its By-Laws to comply with Section 133 of the BSP Manual of Regulations for Banks particularly the Audit Committee shall be responsible for the remuneration and fees of the internal auditor and external auditor, respectively.

The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the By-Laws with the SEC TBA
Expected date of SEC approval of the Amended By-Laws TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

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Other Relevant Information

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Filed on behalf by:
Name Ariel Ajesta
Designation Chief Compliance Officer