China Banking Corporation posted a 25 percent increase in net income to P15.1 billion last year on the back of sustained core business growth and effective cost management. In a disclosure to the Philippine Stock Exchange, the bank said its earnings translated to an improved return on equity and...
China Banking Corp. (China Bank) has been named the Best Bank in the Philippines by Hong Kong-based financial publication The Asset—besting the largest banks in the country. China Bank President William Whang In a statement, the bank said subsidiary China Bank Capital was also named the Best Bond...
Debt-watcher Moody's Investors Service has affirmed China Banking Corp.’s investment grade credit rating in view of its improved capital and profitability to mitigate risks to asset quality. In a statement, China Bank said that in maintaining the its deposit and issuer ratings at Baa2 with a...
China Banking Corporation posted a 35 percent growth in consolidated net income to P11.2 billion for the January to September 2021 period on the back of sustained core business growth and effective cost management. In a disclosure to the Philippine Stock Exchange, the bank said it was able to ride...
Amid the challenges of COVID-19, China Banking Corporation (China Bank) landed in The Asian Banker’s Top 500 Strongest Banks ranking for 2021 as the second strongest bank in the Philippines in terms of balance sheet. China Bank is also in the top 20 percent of the 500 strongest banks in the Asia...
China Banking Corporation (China Bank) has received the highest issuer rating of PRS Aaa (corp.) with a Stable Outlook from Philippine Rating Services Corporation (PhilRatings). One of the country’s leading private universal banks with a strong franchise in the Chinese-Filipino market China Bank...
Moody's Investors Service has affirmed the investment grade credit rating, with stable outlook, of China Banking Corporation (China Bank) on the back of the Bank’s strong capitalization, profitability, and liquidity amid the COVID-19 pandemic. 31493 In its September 3, 2021 report, Moody’s...
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
China Banking Corporation has been named by the Bangko Sentral ng Pilipinas (BSP) as an outstanding stakeholder. This is in recognition of the Bank’s strong support for the BSP’s programs and initiatives to build an inclusive and increasingly digital Philippine economy. China Bank Chairman Hans...
China Banking Corporation reported a 39 percent jump in net income to P7.3 billion in the first half of 2021 despite higher provisions as its core businesses delivered strong performances. In a disclosure to the Philippine Stock Exchange, the bank said this translated to an improved return on...
