Institution	Category	Rating
Moody’s	Outlook	Stable
	Counterparty Risk Rating	Baa2/P-2
	Bank Deposits	Baa2/P-2
	Baseline Credit Assessment	baa3
	Adjusted Baseline Credit Assessment	baa3
	Counterparty Risk Asessment	Baa 2(cr)/P-2(cr)
	Issuer Rating	Baa2
	ST Issuer Rating	P-2

Moody's
Update to credit rating analysis

China Banking Corporation's (Chinabank) Baa2 deposit and issuer ratings are driven by the bank's strong capitalization, balanced against its modest funding and liquidity. It also takes into account potential asset quality challenges relating to concentration risk, as well as the bank's average profitability compared with its peers.

The ratings incorporate a one-notch uplift to its baa3 Baseline Credit Assessment (BCA) to reflect the high probability of support from the Government of the Philippines (Baa2 stable).

 

The outlook on the long-term ratings is stable.

 

Source: Moody’s credit opinion report (28 April 2026)