China Banking Corporation (China Bank), the country’s first privately-owned commercial bank, is celebrating today, August 16, its 92nd anniversary. Grateful for the many years of successful operations, the Bank commemorates this milestone by recognizing its loyal employees, celebrating with clients in all branches nationwide, and helping the victims of the heavy monsoon rains.

A total of 316 employees will be honored today at the China Bank Head Office Penthouse for their decades of dedicated service and for their contributions to the Bank’s growth over the years.

“I’m very proud of our people, and I am honored to be working with them to achieve our Bank’s vision,” said China Bank President Peter S. Dee, who is also this year’s sole 40-year awardee.  

China Bank recently unveiled its new vision: “Drawing strength from our rich history, we will be the best, most admired, and innovative financial services institution, partnering with our customers, employees, and shareholders in wealth creation.”

With China Bank’s engagement of Towers Watson for an Organization Structure Review and Design, the Bank’s board of directors and senior officers, guided by Towers Watson consultants, formulated a vision statement early this year that will inspire employees to work harder and contribute more to achieve greatness. 

“It may take us years to make China Bank the best and most admired and innovative financial institution, but with as we have among the best, most hard working, and loyal employees, I know we will get there,” said Dee.

Continuing the tradition of celebrating the Bank’s anniversary with clients nationwide, all 275 branches, including the two branches opened today, China Bank Cavite-Molino and Bacolod-Libertad branches, will have in-branch promotions and will be serving refreshments to customers.

“We are truly grateful to our customers—their trust and loyalty inspire us to scale greater heights.  That is why on our anniversary, and even on other special occasions, we make it a point to celebrate with them,” said SVP Samuel L. Chiong, deputy head of Branch Banking Group.

The Bank’s 92nd anniversary is not all about fun and celebration; it’s also about helping others.  China Bank is raising funds to help the victims of the recent heavy monsoon rains.  Employees and clients nationwide are enjoined to support the donation drive, proceeds of which will be turned-over, along with the Bank’s own donation, to the Philippine National Red Cross.  Those who wish to help may donate any amount through China Bank savings account number 203-365071-3    

Incorporated in 1920, China Bank has been consistently providing quality banking products and services. Ever mindful of the changing banking landscape, the Bank continuously develops new product offerings to meet its clients’ financial needs and exceed their rising expectations.  Now, 92 years, 300 branches, and close to 500 ATMs later (including the branches and ATMs of thrift bank subsidiary, China Bank Savings), China Bank remains deeply committed to making its clients success its business.