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Aug 22, 2017 China Bank donates personal computers to public schools
China Banking Corporation (China Bank), in partnership with its thrift arm China Bank Savings (CBS), gave new life to its used PCs by donating them... donating them to deserving public schools to celebrate its 97th anniversary. Moonwalk National High School in Parañaque City and San Fernando Elementary School in Pampanga...
Aug 16, 2017 China Bank celebrates 97th year with significant milestones
China Banking Corporation (China Bank), the Philippines’ first privately-owned commercial bank and now one of the largest, celebrates its 97th year of being the best... the best bank for its clients, building on the strength of its core values and a rich history of outstanding service. By espousing an innovative spirit...
Aug 03, 2017 China Bank income up 10% to P3.6 billion, Core earnings up 18%
China Banking Corporation (China Bank, stock symbol CHIB) registered a 10% growth in net profits in the first half of 2017 to P3.6 billion, driven... billion, driven by strong growth in its lending business and core-recurring income. This translates to a return on equity (ROE) and return on assets (ROA)...
Jul 18, 2017 China Bank and Mastercard announce lucky winner of Tokyo Holiday Treats Raffle Promo
China Banking Corporation (China Bank) and Mastercard congratulate Maritess S. Lazaro, who will enjoy a 5-day, 4-night accommodation for two at the Keio Plaza Hotel... Plaza Hotel in Tokyo, Japan, and round-trip business class tickets from Philippine Airlines. The travel-themed rewards campaign also includes tours to Disney Sea Resort, Mount...
Jul 17, 2017 China Bank settles US$158M loan
Makati City, Philippines – China Banking Corporation (China Bank), stock symbol CHIB, announced that it has paid off one year ahead of schedule the three-year... the three-year US$158 million Syndicated Loan that was originally scheduled to mature in June 2018. “The strong growth in foreign currency deposit has enabled us to...
Jul 17, 2017 China Bankers help save Mother Earth
China Banking Corporation (China Bank), the first privately-owned commercial bank in the country and now one of the largest, recently participated in a reforestation... a reforestation initiative led by Haribon Foundation, a major environmental conservation group. The Bank was represented by over 40 China Bank volunteers who trekked to...
Jun 29, 2017 China Bank P15-billion stock rights offering
China Bank P15-billion stock rights offering At the appreciation dinner, China Bank President and CEO Ricardo R. Chua (leftmost) shakes hands with Citibank Philippines CEO Aftab... CEO Aftab Ahmed (2nd from left), while China Bank Chairman Hans T. Sy (3rd from left) also thanks Roberto L. Panlilio, Managing Director and Senior...
Jun 27, 2017 China Bank bags Best Investor Relations Company, two other awards from Hong Kong-based journal
China Bank’s Alex Escucha (right) with Corporate Governance Asia’s Aldrin Monsod at the awards night held at the JW Marriott in Hong Kong on June... on June 9 Hong Kong — For the third straight year, China Banking Corporation (China Bank), one of the largest commercial banks in the Philippines, has...
Jun 22, 2017 China Bank gets investment grade credit rating from Moody’s (Same level as PH sovereign rating and top three biggest PH banks)
Makati City, Philippines – China Banking Corporation (China Bank), the first privately-owned local commercial bank in the Philippines, recently received an investment grade credit rating... credit rating of Baa2 from Moody’s Investors Service (Moody’s), one of the leading credit rating agencies. This rating is the same level as the Philippine...
Jun 16, 2017 China Bank wins Best Core Banking Implementation Project
(L-R) David Gyori, CEO, Banking Reports; Bharadwaj S, Asst. Marketing Manager, Infosys Finacle; Delia Marquez, FVP, China Bank – Business Process Management Division; Editha N.... Editha N. Young, Chief Chief Technology Officer, China Bank Properties and Computer Center, Inc.; Neeti Aggarwal, Senior Research Manager, The Asian Banker; and Foo Boon...
Jun 09, 2017 China Bank lists P6.348-B LTNCD
(L-R) China Bank Investor Relations Head Alexander C. Escucha, Philippine Depository & Trust Company President and COO Ma. Theresa Ravalo, President of Multinational Investment Bancorporation... Investment Bancorporation Marilou Cristobal, China Bank Capital Corporation President Romeo D. Uyan, Jr., Standard Chartered Bank Philippines CEO Lynette Ortiz, China Bank President and CEO...
May 26, 2017 Sta. Lucia Land taps China Bank Capital for P3.1B corporate notes
China Bank Capital Corporation, the investment banking arm of China Bank, is appointed as Mandated Lead Arranger and Bookrunner for Sta. Lucia Land, Inc.’s (SLI)... Inc.’s (SLI) Peso-Denominated Corporate Notes (Notes) transaction worth P3.1 billion. SLI, one of the largest real estate developers in the country, has also designated China...
May 15, 2017 China Bank launches tranche 2 of P20-B LTNCDs
China Banking Corporation (China Bank, stock symbol CHIB) is launching the second tranche of its P20 billion long-term negotiable certificates of time deposits (LTNCD) after... (LTNCD) after a highly successful issuance of P9.588 billion in LTNCDs last November 2016. This new issuance will boost the Bank’s long-term deposit base and...
May 09, 2017 China Bank opens 8 new branches; nationwide total now at 399
China Banking Corporation (China Bank) officially opened eight new branches in April, bringing its total number of branches nationwide to 399 and group-wide to 552... to 552 (including 153 China Bank Savings branches). Four of the new branches are in Quezon City: Katipunan Ave.- Loyola Heights Branch (located at Elizabeth Hall,...
May 09, 2017 China Bank P15 Billion Stock Rights Offer Fully Subscribed
China Banking Corporation (China Bank, stock symbol CHIB) has successfully completed its stock rights offering (SRO) of common shares following the close of the offer... the offer period on May 5, 2017. The proceeds from this P15 billion SRO will be used to grow the Bank’s loan portfolio, expand its...
May 09, 2017 China Bank posts first quarter income of P1.47B, up 6%
China Banking Corporation (China Bank, stock symbol CHIB) posted a 6% growth in net income to P1.47 billion in the first three months of 2017... of 2017 on the back of strong growth in lending and core fee-based income. Operating income reached P5.66 billion, up 7% compared to same period last...
May 05, 2017 China Bank declares P1.99B cash dividends; 8% stock dividends
Makati City, Philippines — China Banking Corporation (China Bank, stock symbol CHIB) held today its annual stockholders’ meeting where it announced cash dividends of P0.80... of P0.80 per share for a total of P1.99 billion and 8% stock dividend. The stockholders also approved the increase in the Bank’s authorized capital...
Apr 25, 2017 China Bank appoints William Whang as COO
China Banking Corporation (China Bank) recently announced the appointment of its new Chief Operating Officer (COO) to oversee the Bank’s confirmed growth and expanded business... expanded business strategies. President and CEO Ricardo R. Chua disclosed the appointment of EVP and Lending Business Segment Head William C. Whang as COO of China...
Apr 25, 2017 China Bank Capital acquires securities subsidiary
(L-R) China Bank President & CEO Ricardo Chua, ATC Shareholder Rep. Carlos Syquia, China Bank Capital President Romeo Uyan Jr., and China Bank COO William... COO William Whang. (Inset) China Bank Securities Corporation President and CEP Peter Mutuc China Bank Capital Corporation (China Bank Capital), the investment banking arm of...
Apr 11, 2017 China Bank prices stock rights offer at P31 per share
China Banking Corporation (China Bank) has set its P15 billion stock rights offer at P31 per share, the bank disclosed to the Philippine Stock Exchange... Stock Exchange last week. The offer price was finalized based on the 15-day volume weighted average price subject to a 24.1% discount, with a 25.3% discount...
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