China Bank - Trust Group extends its expertise in fund management and retirement plan administration to four new clients. The Bank was recently appointed by GrainPro Philippines Inc. as trustee for its employees’ pension plan, and by Occidental Data Corporation, Apollo Carriers Corporation and 3K Golden Foods Corporation as successor-trustee for their respective employees’ retirement funds.

"These new appointments reflect our strong commitment to serving the needs of big and small corporations. We are committed to providing all our clients with the best possible corporate trust support," said Rene Sarmiento, first vice president and head of China Bank’s Trust Banking Group.

GrainPro, established in 2002, is a welding plant based in Subic Bay Freeport Zone, Among its major products are oil spill beams, flexible tanks and reservoirs, truck covers, hemcords, tent panels, scaffold screens, and tarpaulins.

Occidental Data Corporation is engaged in the distribution of business and office machines and equipment while Apollo Carriers Corporation is into courier services. On the other hand, 3K Golden Foods Corporation holds a franchise to operate a McDonald’s restaurant.

China Bank has established a strong reputation serving individuals and corporations with a wide range of trust services. The Bank is one of the country’s leading institutions in trust banking, ranking fifth in the industry in terms of assets managed.