||China Bank was included in the 30-stock PSE index (PSEi) starting May 12; Silver awardee on corporate governance, one of the top-scoring Publicly Listed Company by the Institute of Corporate Directors (ICD); celebrated its 90th anniversary. China Bank was once again recognized by the Bureau of Treasury for its active role in money market and capital development, naming the Bank as one of the "Top Ten Best Performing Government Securities Eligible Dealers (GSED) in the Primary Market for 2010."
||China Bank was cited by Stern Stewart & Co., a leading worldwide management consulting firm based in New York, as one of the top 100 listed companies throughout Southeast Asia in terms of delivering shareholder value for the period 2002-2008. China Bank was one of only 11 Philippine companies and one of two Philippine banks to be included in the ASEAN 100 Relative Wealth Added Index.The year also saw the opening of China Bank Cebu Business Center. Located at Cebu Business Park in Mabolo, Cebu City, it is the bank's 14th branch in Cebu and its main business hub in the region.
||China Bank offered its maiden issue of fixed rate long-term negotiable certificates of deposit (LTNCDs) to expand its asset base, gain access to long-term funding from individual and corporate investors, and to diversify the maturity profile of its deposits.From an initial amount of P3 billion, the floatation was upsized to the BSP-approved amount of P5 billion due to overwhelming response. Then on September 8, 2008,China Bank's savings bank subsidiaryformally opened its doors to the publicas China Bank Savings, Inc. (ChinaBank Savings).
||China Bank embarked on new ventures: Signed a Bancassurance joint venture agreement with Manulife, acquired Manila Bank, launched a raffle promo dubbed "P8.7 million at 87", and continued expanding its branch network.
||China Bank was awarded Best Website – Banking and Finance by the Philippine Webby Awards. The Bank also launched its On-time Remittance Card, Private Banking Service, and Corporate Internet Banking module on the same year.|
China Bank is an Annual National Consumer Awardee for Outstanding Commercial Bank, given by Parangal ng Bayan. The Bank
also received a National Consumer Quality Award and Global Excellence Award for
the same distinction. To celebrate its 85th anniversary, the Bank gave away a
total of P8.5 million in prizes for its "Grateful at 85" deposit and loan raffle
promo. The same year, China Bank launched its "On-time Remittance" service and
its multi-functional and superior internet and mobile banking channel, China
||China Bank was recognized as Outstanding
Commercial Bank by Consumers Union of the Philippines and Most Outstanding
Commercial Bank by the Philippine Marketing Excellence Awards (National Awards).
The same year, the Bank launched Cash Management Services for businesses and
||China Bank hit the P100 billion mark in
total resources. |
||To celebrate the Bank's 80th anniversary, China Bank donated P1 million to Tabang Mindanaw to help the victims of armed conflict in Mindanao.|
||China Bank's Treasury operations were automated using the Flexcube System. China Bank's subsidiary, China Bank Insurance Brokers, Inc. commenced operations.|
China Bank issued US Dollar Floating Rate
Certificate of Deposit, the first access to foreign capital markets. The Bank
also launched the highly successful deposit promo "Cash and Cars in a
China Bank launched China Check Plus, an interest-earning current account.
China Bank celebrated its diamond anniversary and raised its authorized capital to P2.54 billion.
||China Bank launched the 2 main products of consumer loans: HomePlus and AutoPlus.
China Bank acquired its universal bank license, making it possible to offer a more diverse selection of products and services.
China Bank joined seven other banks in to
create BancNet, the country's largest ATM network. To strengthen its position
among the major players in the banking industry, China Bank transferred its
corporate headquarters to its present location along Paseo de Roxas in Makati
China Bank upgraded its on-line system and launched TellerCard, the Bank's ATM banking service. The same year, the Bank
introduced TellerPhone, the first telephone banking in the Philippines.
China Bank computerized its operations,
becoming the first bank in Southeast Asia to process both savings and current
accounts on-line. The Bank opened a branch in Makati City where the Head Office
building is now located.
||China Bank opened its first branch in Cebu City.
China Bank resumes its operations after
World War II on July 23, five months after the liberation of Manila. It played a
key role in the post-war reconstruction and economic recovery by providing
financial support to businesses and entrepreneurs.
Due to the growth of the Bank's business,
China Bank moved to a new office at the corner of Dasmariñas and Juan Luna
Streets in Binondo.
On August 16, China Bank opened its doors to the banking public at No. 90 Rosario St. in Binondo, Manila with an initial
capital of P10 million. It was the first privately-owned commercial bank in the Philippines. Bar topnotcher Don Albino Sycip was Chairman of the Board and business leader and philanthropist Mr. Dee C. Chuan was President.