China Banking Corporation (China Bank), the country’s first privately-owned commercial bank, celebrated its 92nd anniversary on August 16, 2012. Grateful for the many years of successful operations, the Bank commemorated the 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 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 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 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 on the same day as the anniversary, China Bank Cavite-Molino and Bacolod-Libertad branches, had in-branch promotions and served 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 Chiong, deputy head of Branch Banking Group.
The Bank also celebrated its 65th anniversary as a publicly-listed company. China Bank directors led by Chairman Hans Sy, rang the ceremonial the bell that opened market trades on August 29 at the Philippine Stock Exchange. The event, attended by China Bank and PSE directors and senior officers, capped a month-long anniversary celebration that included the launch of a new vision statement and a new corporate social responsibility program, and the opening of new branches, bringing the Bank’s nationwide network to the 300-mark (including the branches of China Bank Savings).
China Bank’s 92nd anniversary was not all about fun and celebration; it was also about helping others. The Bank recently turned over to the Philippine National Red Cross (PNRC), the proceeds of its donation drive to raise funds for the victims of the recent heavy monsoon rains.
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.