AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share


Company nameChina Banking Corporation
Company typePublic (PSE: CHIB)
IndustryBanking & Finance
FoundedManila, Philippines (1920)
HeadquartersMakati, Philippines
Key peopleHans T. Sy, Chairman
Gilbert U. Dee, Vice Chairman
Peter S. Dee, President and CEO
ProductsFinancial Services
Net incomeP3.21 billion PHP (As of September 2009)
Employees4,140 (as of February 2010)

     Home | Company | Chinabank

China Banking Corporation (Pse - CHIB), known publicly as China Bank is Philippines' fourth largest universal bank by market capitalization. Established in 1920, it is the first privately-owned commercial bank in the Philippines. It is likewise the first bank in Southeast Asia to process deposit accounts on-line in 1969 and the first Philippine bank to offer phone banking in 1988. China Bank is one of the strongest and most profitable banks in the Philippines today. The Bank posted a January to September 2009 net income of P3.21 billion, 40.7% higher than the P2.28 billion income recorded for the same period in 2008. This income performance translates to a 15.53% return on equity and a 2.02% return on assets, among the highest in the industry.

China Bank provides a wide range of banking services through 248 branches and 388 ATMs nationwide (including ChinaBank Savings). The bank continues to move forward with its aggressive branch expansion plan and is on track to hitting its target of 300 branches by 2011.

Warning: simplexml_load_file( [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260