Chinabank continues to rank among the biggest businesses in Southeast Asia with its inclusion for the second consecutive year in the definitive list of the region's top firms in terms of total revenues, the Fortune Southeast Asia 500.

A testament to its sustained strong growth, driven by its sharpened customer focus and the successful execution of its strategic plans, Chinabank registered $1.9 billion in revenues in 2024 to climb 28 spots to 178th this year from 206th last year.

A total of 40 Philippine firms, including Chinabank and two other SM Group companies, are in this year's list for making their mark on the region’s economy.  SM Investments Corp. moved to 25th from 27th on revenues of $11.4 billion and BDO, with $6.1 billion, rose to 52nd from 57th.

According to Fortune, the second annual Southeast Asia 500 provides a snapshot of a region ready to take advantage of global supply chain shifts and booming industries like mining, electric vehicles, and artificial intelligence.  Companies were ranked by revenues for the fiscal year 2024.

Chinabank is the fourth largest private universal bank in the Philippines, with 11,350 employees, 2.9 million customers, and 650 branches nationwide as of Dec. 31, 2024.