Chinabank is celebrating the joy and spirit of the season, launching its Focused on Christmas video on YouTube and other social media channels. At the bank's 2024 Christmas Party where the video was shown, CBC Chairman Hans T. Sy led the toast, saying Focused on Christmas reminds us of the true essence of this wonderful holiday, a time for reflection, togetherness, and gratitude.
Chinabank recently partnered with Darwinbox, adopting a digital-first Human Capital Management (HCM) platform to improve employee experience and streamline HR processes for the bank’s over 11,000 employees nationwide.
Chinabank Chairman Hans T. Sy was conferred by the Institute of Corporate Directors (ICD) its highest recognition of Honorary Fellow for his significant contributions to corporate governance, sustainability, and community development.
Chinabank has released CHIB GPT 2.0, marking a significant advancement in the capabilities of its internal chatbot service. This upgrade follows a successful year of CHIB GPT 1.0 operation. Since its launch, CHIB GPT has efficiently handled thousands of queries, with a remarkable 12 times increase in query volume. Powered by GPT-4.0, the upgraded chatbot is set to enhance employee productivity and streamline internal operations even further.
Chinabank was recognized by The Asset for its excellence in environmental, social, and governance (ESG) practices. Chief Sustainability Officer William Quesang accepted the bank’s Titanium Award at The Asset ESG Corporate Awards on November 7, 2024 in Singapore.
Chinabank has launched its first feeder fund-structured Unit Investment Trust Fund (UITF), Chinabank Income-Paying Dollar Bond Feeder Fund. This is also the bank’s first UITF that provides a monthly income payout.
Chinabank (PSE stock symbol: CBC) booked record earnings from January to September 2024 on the back of sustained strong growth from core businesses.
On the heels of its triumph at the Asian Banker’s Philippine Awards 2024, winning Best Credit Card for Travelers for Chinabank Destinations Mastercard and Best Home Loan Financing for Chinabank HomePlus, CBC has clinched a total of ten new awards from prestigious international magazines.
Chinabank has launched its first-ever Visa-branded credit card, designed with the modern career woman in mind. Offering a unique blend of luxury and convenience, the new CBC Velvet Visa Signature represents empowered women like Michelle Dee, Dr. Geraldine Zamora, Caitlyn Viray, and Keylyn Trajano who are ready to take charge of their finances.
For the second year in a row, Chinabank has won the prestigious award of Outstanding Wealth Management Service for the Affluent from Private Banker International (PBI). The bank and 39 other winners from Asia, Europe, Middle East, and North and Latin America were recognized at the 34th Annual PBI Global Wealth Awards on October 10, 2024 in Singapore.
Chinabank Destinations Mastercard and Chinabank HomePlus were recognized as the best in the country at the Philippine Awards 2024 - Excellence in Retail Financial Services Awards of The Asian Banker (TAB) on September 27, 2024 at Shangri-La, The Fort.
Chinabank continues to be among the best-governed publicly listed companies in the Philippines, winning for the third year in a row the highest recognition for governance excellence, the Five-Golden Arrow Award of the Institute of Corporate Directors (ICD).
Chinabank has made it in TIME World’s Best Companies of 2024, a ranking of the top 1,000 firms across the globe in terms of employee satisfaction, revenue growth, and ESG (environmental, social, and corporate governance) performance.
Chinabank formally announced its partnership with Visa during the contract signing on August 13, 2024 at the CBC Head Office 4/F Boardroom. The deal marked yet another milestone for the Bank, and the beginning of a promising collaboration, aimed to deliver innovative products and services.
China Banking Corporation (Chinabank, PSE Stock symbol: CBC) saw its net income from January to June 2024 rise to a record P11.4 billion, up 6% compared to the same period last year on the back of stronger core lending and deposit-taking activities. This translated to a return on equity of 15.1% and a return on assets of 1.5%, still among the highest in the industry.
Chinabank was named as the Domestic Retail Bank of the Year - Philippines at the Asian Banking and Finance (ABF) Retail Banking Awards 2024. In addition, the bank and Chinabank Capital won the Debt Deal of the Year - Philippines and IPO (initial public offering) Deal of the Year - Philippines at ABF’s Corporate & Investment Banking Awards 2024. The awarding ceremonies were held on July 5 at the Marina Bay Sands, Singapore.
In line with its commitment to employee development and talent mobility, Chinabank renewed its engagement with LinkedIn for enterprise learning and hiring solutions. The contract signing took place on June 27 at the Chinabank Academy in Makati City.
Chinabank is among the largest companies in Southeast Asia in terms of total revenues, according to Fortune which recently released its ranking of the top 500 firms in the region.
Chinabank Chairman Hans T. Sy and President & CEO Romeo D. Uyan Jr. led the bell ringing ceremony at the Philippine Stock Exchange (PSE) on June 19, 2024 to mark the start of trading under Chinabank’s new stock symbol "CBC", with Chinabank and PSE directors and key executives.
Chinabank is changing its ticker symbol on the Philippine Stock Exchange (PSE) to "CBC" from "CHIB" effective June 19, 2024. The move aims to strengthen the brand recognition of the bank and create a more cohesive and unified representation in the stock market.
Chinabank Chairman Hans T. Sy was conferred the Lifetime Achievement Award for his dedication to philanthropy, environmental advocacy, and corporate leadership. He was honored at the 2024 Asia Pacific Tambuli Awards last June 4 at the Grand Hyatt Manila.
China Banking Corporation (Chinabank, PSE symbol: CHIB) earned P5.9 billion in the first quarter of 2024, 18% higher compared to the same period last year, on the robust growth of its core businesses. The resulting return on equity and return on assets continued to be among the best in the industry at 15.5% and 1.6%, respectively.
Chinabank has launched a brand refresh program and digital campaign to evolve the 103-year old bank’s brand and image, making it more resonant and engaging to a new generation of customers.
Chinabank was again lauded by the CFA Society Philippines for delivering the best returns to investors. For the eighth year, Chinabank Dollar Fixed Income Fund, formerly called Chinabank Dollar Fund, was named as the Best Managed Fund of the Year in the Dollar Long-Term Bond (FVPL category) at the 2024 Best Managed Fund Awards on April 24 at The City Club Alphaland in Makati.
China Banking Corporation (Chinabank, stock symbol: CHIB) announced that its Board of Directors declared a P1.20 per share regular cash dividend and an additional P1.00 per share special cash dividend, payable on May 16, 2024 to all stockholders on record as of May 3, 2024. The regular cash dividend increased by 20% compared to the P1.00 per share the previous year.
Chinabank won the Cesar E.A. Virata Award (Bank Category) and other distinctions at the 2024 Philippine Dealing System (PDS) Annual Awards last March 14 at the Makati Diamond Residences.
Chinabank Capital was again named as the Best Bond Adviser in the Philippines by The Asset. Winning the title for the 8th straight year, Chinabank Capital remains unmatched by local investment houses in effectively structuring and efficiently executing capital market deals, and in delivering best-in-class investment banking services to issuers and investors.
Chinabank commenced the construction of its future headquarters, the Chinabank Makati Tower, with a groundbreaking ceremony on February 24, 2024.
China Banking Corporation (Chinabank, PSE symbol: CHIB) saw profits soar to a record P22.0 billion in 2023. Bolstered by higher core business revenues, the bank’s net income increased by 15% from 2022 and translated to a return on equity of 15.5% and return on assets of 1.6%-still among the best in the industry.
Chinabank has signed up its first ever brand ambassador, the reigning Miss Universe Philippines Michelle Marquez Dee. The collaboration was formalized on February 14, 2024 at the Chinabank head office in Makati City.
As part of its ongoing digital transformation to deliver exceptional customer service and experience, Chinabank modernized its Customer Contact Center (CCC) solution with Genesys Cloud, a suite of cloud services for enterprise-grade communications, collaboration, and contact center management. It is expected to boost Chinabank’s customer support capabilities, creating opportunities to better serve and deepen relationships with its customers.
Chinabank continues to broaden its global remittance tie-ups to serve Filipinos anywhere in the world. Connecting via the RippleNet platform, the bank partnered with DeeMoney, Thailand’s leading Fintech money service business, to facilitate fast and convenient remittance from Thailand to the Philippines.
Chinabank and Sta. Lucia Land Inc. (SLI) entered into a P5-billion, 5-year loan agreement. A signing ceremony was held on November 28, 2023 at the Chinabank head office in Makati City.
Chinabank made waves at the recent ENGAGE 2023 conference of Backbase, the global leader in engagement banking platform.
China Banking Corporation (Chinabank, PSE stock symbol: CHIB) recorded P16.2 billion in net income from January to September 2023, 10% higher compared to the same period last year. This translated to a return on equity of 15.6% and a return on assets of 1.6%.
Chinabank was named as the 2023 Employer of the Year in the Philippines by the People Management Association of the Philippines (PMAP).
Chinabank forged a partnership with payment services company SingX Pte. Ltd. to provide Filipinos in Singapore, Hong Kong, and Australia a fast, convenient, affordable, and secure alternative for sending money to the Philippines.
Chinabank was distinguished as among the best in the private banking sector, winning the Outstanding Wealth Management Service for the Affluent award at the 33rd Annual Private Banker International (PBI) Global Wealth Awards on October 3, 2023 in Singapore.
Chinabank reaffirms its commitment to governance excellence, winning for the second time the Five-Golden Arrow Award, the highest recognition given by the Institute of Corporate Directors (ICD) to publicly listed companies and insurance firms in the Philippines that excel in corporate governance.
Chinabank has appointed Melanee I. Torrelino as the deputy group head of Digital and Customer Experience Platforms (DCEP), with the rank of first vice-president I, effective September 18, 2023. DCEP is under the Innovation and Transformation Segment headed by Chief Innovation & Transformation Officer Delfin Jay M. Sabido IX.
On its 103rd year, Chinabank is making sure customers can truly experience the best of the world with its latest credit card offerings - the Chinabank Destinations World Mastercard, the Chinabank Destinations World Dollar Mastercard, and the Chinabank Destinations Platinum Mastercard.
Chinabank has rolled out its first generative artificial intelligence (Gen AI) solution, CHIB GPT, to mark its 103rd anniversary and continuing tradition of innovation.
Chinabank has appointed a new Markets Sales Group Head, First Vice President Bernhard Aloysius G. Tsai, effective August 22, 2023. Markets Sales is a group under the Financial Markets Segment (FMS).
Chinabank was again recognized for two of its unit investment trust funds (UITFs) that delivered the highest risk-adjusted returns among 86 funds from 16 investment houses and trust Institutions in the Philippines.
China Banking Corporation (Chinabank, PSE stock symbol: CHIB) sustained its profitability in the first half of the year on higher revenues and lower provisioning. Net profits from January to June 2023 reached P10.8 billion, up 7% from the same period last year, translating to a return on equity of 15.9% and a return on assets of 1.6%.
Chinabank has announced the appointment of a new Chief Audit Executive (CAE), Senior Vice President Jeruel N. Lobien, and the reorganization of the Audit Division, elevating it to Audit Group, effective June 1, 2023.
Chinabank was recognized among the most innovative banks in the world at the Infosys Finacle Innovation Awards 2023 held recently in Mumbai, India. The Bank's Automatic Debit Arrangement (ADA) and Direct Debit Arrangement (DDA) cash management solutions won the Gold Award in the Product Innovation category.
China Banking Corporation (Chinabank, PSE symbol: CHIB) booked P5.0 billion net income for the first quarter of 2023, driven by robust asset base expansion, strong net interest income and lower credit provisions. This translated to a return on equity of 14.7% and return on assets of 1.5%, still among the best in the industry.
The Philippine Dealing System Holdings Corp. and Subsidiaries (PDS) Group recognized Chinabank and Chinabank Capital’s contributions to the sustainable growth of the Philippine financial market in 2022, winning a total of five fixed-income awards at the recently held 18th PDS Annual Awards.
At its special meeting on April 19, 2023, the Board of Directors of China Banking Corporation (Chinabank, stock symbol: CHIB) approved the declaration of P1.00 per share regular cash dividend and an additional P0.90 per share special cash dividend, payable on May 18, 2023 to all stockholders on record as of May 5, 2023.
China Banking Corporation (Chinabank) won a Gold Anvil Award for its centennial coffee table book 100 Years of Trust: The Chinabank Story at the 58th Anvil Awards on March 8, 2023 at the Marriot Hotel in Newport City Complex, Pasay City.
Chinabank Capital was named by The Asset as the Best Bond Adviser-Domestic for the seventh straight year at the Triple A Country Awards for Sustainability in Hong Kong on February 23, 2023.
China Banking Corporation (Chinabank, PSE symbol: CHIB) posted better-than-expected financial results in 2022 on the back of robust operating income and effective cost management.
The Board of Directors of China Banking Corporation (Chinabank, PSE stock symbol: CHIB) recently approved redefining the Bank's Sustainability Strategy as part of ongoing efforts to embed sustainability across the organization.
China Banking Corporation (Chinabank) received the coveted Five-Golden Arrow Recognition, the highest corporate governance award given by the Institute of Corporate Directors (ICD) to the country's top publicly listed companies (PLCs) based on the 2021 ASEAN Corporate Governance Scorecard (ACGS) assessment results.
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