This article is about a Filipino banking company. For the national commercial bank in China, see Bank of China.
China Banking Corporation
Chinabank's main branch in Makati
Company type
Public
Traded as
PSE: CHIB
Industry
Finance
Founded
August 16, 1920; 103 years ago (1920-08-16) in Manila, Philippine Islands
Headquarters
Chinabank Building, 8745 Paseo de Roxas corner Villar Street,
Makati
,
Philippines
Number of locations
648 branches 1,069 ATMs (2023)
Key people
Hans T. Sy, (Chairman) Gilbert U. Dee, (Vice Chairman) Romeo D. Uyan Jr. (President and CEO)
Services
Banking
Revenue
₱79.9 billion (2023)
Operating income
₱54.0 billion (2023)
Net income
₱22.0 billion (2023)
Total assets
₱1.5 trillion (2023)
Total equity
₱150.0 billion (2023)
Number of employees
10,662 (2023)
Website
www.chinabank.ph
China Banking Corporation (simplified Chinese: 中兴银行; traditional Chinese: 中興銀行; pinyin: Zhōngxīng Yínháng; Pe̍h-ōe-jī: Tiong-heng Gûn-hâng; PSE: CHIB), commonly known as Chinabank, is a Filipino bank established in 1920. It was the first privately owned local commercial bank in the Philippines initially catering to the banking needs of Chinese Filipino businesspeople. It offers various banking services and products related to deposit, investment, trust, cash management, remittance, and financing products and services. It also offers insurance brokerage, stock brokerage, capital markets, and bancassurance services through its subsidiaries and affiliate.
Chinabank is the fourth largest private universal bank in the Philippines. It was named by The Asset as the Best Bank in the Philippines in 2021 [1] and by the People Management Association of the Philippines as the 2023 Employer of the Year.[2]
Chinabank is also one of the best-governed publicly listed companies. It was recognized by the ASEAN Capital Markets Forum (ACMF) as among the Top 20 ASEAN Publicly Listed Companies, as an ASEAN Asset Class, and as one of the Top 3 Publicly Listed Companies in the Philippines,[3] and by the Institute of Corporate Directors, as a Five-Golden Arrow awardee for the bank's corporate governance excellence.[4]
^Dumlao-Abadilla, Doris (January 8, 2022). "China bank named best bank in PH".
^"Chinabank is 2023 Employer of the Year". October 30, 2023.
^Loyola, James (December 8, 2022). "China Bank bags 3 ASEAN Corporate Governance awards".
^Camus, Miguel (October 9, 2023). "Chinabank gets top corporate governance plum".
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