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.

The inaugural Fortune Southeast Asia 500 included 38 Philippine firms, three of which are SM Group companies: Chinabank, BDO, and SM Investments Corp. with $1.4 billion, $5.8 billion, and $10.3 billion in revenues, respectively, as of end 2023.

The list highlights the region's increasing importance in the global economy, driven by evolving supply chains and robust economic development across nations like the Philippines.

Chinabank is the country’s fourth largest private universal bank, employing over 10,500 people and serving upwards of 2.6 million customers in nearly 650 branches nationwide. It is the only major Philippine private bank to consistently record higher net income since pre-pandemic year 2019, with a five-year compound annual growth rate of 22%. It is also the only bank to surpass its own returns year after year for the last five years, hitting a return on equity of 15.5% in 2023.

Chinabank’s inclusion in the first Fortune Southeast Asia 500 is a testament to the bank’s financial strength and resilience amid challenges, and its reputation as one of the leading financial institutions in the region.