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%.
China Bank 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.
China Bank 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 (China Bank, 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 China Bank and China Bank 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 (China Bank, 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 (China Bank) won a Gold Anvil Award for its centennial coffee table book 100 Years of Trust: The China Bank Story at the 58th Anvil Awards on March 8, 2023 at the Marriot Hotel in Newport City Complex, Pasay City.
China Bank 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 (China Bank, 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 (China Bank, 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 (China Bank) 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.
China Bank and the China Banking Corporation Employees Association (CBCEA) successfully concluded a new 5-year Collective Bargaining Agreement (CBA) covering the Bank's over 3,952 rank-and-file employees. This is the Bank's 27th CBA in its 102-year history.
China Bank Chairman Hans Sy, also the Chairman of the Executive Committee of SM Prime Holdings, Inc., was recognized for his contribution to nation-building and resiliency through sustainability and disaster risk reduction at the recent Outstanding Filipino or TOFIL Awards 2022 of JCI Senate.
China Banking Corporation (China Bank, stock symbol: CHIB) has maintained its regional and local standing as one of the best-governed publicly listed companies, having achieved top marks in the 2021 ASEAN Corporate Governance Scorecard (ACGS) assessments.
China Banking Corporation (China Bank, PSE stock symbol: CHIB) reported a net income of P14.7 billion in the first nine months of 2022, up 31% year-on-year, on higher top line revenues and core fee income.
China Bank's Easy Tax Filing & Payment Solution (Easy Tax) won the plum award in the Regtech category at the PAY360 Awards held in October 2022 in London, UK.
China Bank tapped BD Business Process Outsourcing Solutions, Inc. (BDBPO) to enhance the Bank's automated payroll processing solution. Called China Bank Payroll 2.0, the cloud-based payroll software, powered by BDBPO's SweldoMo, is packed with more features and accessible via web or mobile app.
China Bank was recognized anew by the Chartered Financial Analyst (CFA) Society of the Philippines, naming China Bank Dollar Fund and China Bank Intermediate Fixed-Income Fund as the Best Managed Fund in their respective categories.
China Bank unveiled its sleeker, more engaging website, www.chinabank.ph. The redesigned site has a refreshed and modern look, enhanced content, and simple topic-driven navigation for streamlined user experience.
China Bank Chief Finance Officer Patrick Cheng and representatives of four other major Philippine banks discussed their journey and views on sustainability at the Philippine Climate Forum organized by International Finance Corporation (IFC) at the Shangri-La BGC in Taguig on September 14, 2022.
Mr. Delfin Jay M. Sabido IX, PhD has been named China Bank's Chief Innovation and Transformation Officer and Head of the Innovation and Transformation Segment.
China Banking Corporation (China Bank) was recognized at the recently concluded Asian Banking & Finance (ABF) Retail Banking Awards 2022.
In line with its commitment to talent development, China Banking Corporation (China Bank) has partnered with the world's largest professional platform, LinkedIn, to introduce to its about 9,800 employees in the Philippines courses for upskilling and reskilling.
China Bank continues to expand its remittance tie-ups to make it safe and convenient for Filipinos abroad to send money home. The Bank recently entered a new remittance partnership with Qatar National Bank (QNB), the largest financial institution in the Middle East and Africa.
China Banking Corporation (China Bank, PSE stock symbol: CHIB) posted P10.1 billion in net profit in the first six months of 2022, up 39% compared to the same period last year, driven mainly by higher net interest income and core fee income, as well as lower provisions.
At the regular meeting held last May 5, the Board of Directors of China Bank Corporation (China Bank, PSE stock symbol: CHIB) declared P1.00/ share regular dividend and an additional P0.50/ share special dividend, reflecting China Bank's confidence in its underlying strength and future prospects.
China Bank has completed the retrofitting and interior design of its new extension office in the Mega Tower in Mandaluyong City. The China Bank Mega Tower Office, is the Bank's response to the challenges brought about by the pandemic and any future public health crises.
China Banking Corporation (China Bank) made it to the Financial Times' 2022 ranking of the top 500 high growth companies in the Asia Pacific region - the only bank among the 15 Philippine companies in the comprehensive list.
China Bank and its investment banking arm China Bank Capital emerged among the top winners at the 17th PDS Annual Awards of the Philippine Dealing System Holdings Corp. and Subsidiaries (PDS) Group held virtually last March 25.
China Bank Capital maintained its position as the leading investment bank in the domestic debt capital markets and the number one bookrunner for corporate fixed income deals in the Philippines.
China Bank and its investment banking arm China Bank Capital were among the best institutions recognized at The Asset Tripe A Sustainable Capital Markets Country and Regional Awards 2021 held virtually yesterday,
China Banking Corporation (China Bank, PSE symbol: CHIB) ended 2021 stronger then ever before on the back of sustained core business growth and effective cost management. The Bank posted a 25% increase in net income to P15.1 billion, which translated to an improved return on equity and return on assets of 13.6% and 1.5%, respectively.
China Bank emerged as one the best in 2021 in brokering, dealing, and trading fixed income securities, according to the Philippine Dealing & Exchanged Corp. (PDEx).
China Banking Corporation (China Bank) was named the Best Bank in the Philippines by Hong Kong-based financial publication, The Asset. China Bank bested the other banks in the country, including the largest ones.
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