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Restoration of original China Bank headquarters in line with Binondo revival

Monday, September 30, 2019


China Bank’s SVP Alex Escucha project chairman (5th from left) and VP Baldwin Aguilar, project manager (3rd from left) and the rest of the China Bank Binondo Restoration Project Team, with Manila City Hall officials Bernie Ang, adviser to the Mayor (center); Cesar Chavez, chief of staff of the Mayor (5th from right); Charlie Dungo, secretary to the Mayor (4th from right); and Architects Joy Dawis and Dennis Lacuna from the City Hall’s Planning Department (3rd and 2nd from right, respectively).

The China Bank Binondo Restoration Project Team made a courtesy visit to the Office of Manila Mayor Francisco “Isko Moreno” Domagoso to provide updates on the ongoing restoration of one of the historical landmarks in Binondo, China Bank’s original headquarters built in 1924.

The centerpiece of China Bank’s centennial celebration in 2020, the restoration of the Bank’s Binondo Business Center is in line with the Manila Mayor’s aim to revive the country’s capital and rebuild historic sites, parks, and playgrounds.  

In his inaugural speech on June 30, Mayor Isko had said, “We will save, we will preserve, we will protect things that remind us of our past for them not to be deleted in our memories. They will not be destroyed.” He is declaring 2021 as “Visit Manila Year.”

“This restoration project is aimed at preserving not only China Bank’s culture and legacy, but more importantly, the bygone character of Binondo for generations to come,” said China Bank SVP Alex Escucha, noting that the construction work also involves retrofitting the building with innovative and environmentally friendly construction systems and technology to make it more resilient and sustainable.

The National Historical Commission had earlier given the go ahead for the restoration project, targeted to be completed by China Bank’s centennial year in August 2020. To date, three period buildings in Binondo have been restored and refurbished: the Juan Luna eServices built in 1922, the CoBankiat Building built in 1932, and the Philippine Bank of Commerce built in the 1940s.

Binondo Heritage Restoration Project

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