China Banking Corporation (Chinabank) has partnered with ACEN Renewable Energy Solutions (ACEN RES), a subsidiary of the Ayala Group, to transition its two main facilities to clean energy. In a statement, the bank said the move is intended to reduce its carbon emissions and contribute to the...
China Banking Corporation (Chinabank) is planning to raise up to P100 billion over the next three years through the issuance of retail bonds and commercial papers. In a disclosure to the Philippine Stock Exchange (PSE), the bank announced its board of directors approved the plan to conduct a...
SM Investments Corporation, the flagship of the Sy family, reported a nine percent growth in consolidated net income to P60.9 billion in the first nine months of 2024 from P55.9 billion in the same period last year on stronger earnings of its banking and property units. In a disclosure to the...
China Banking Corporation (CBC or Chinabank) booked a 13 percent growth in net income to a record P18.4 billion in January to September 2024 from P16.2 billion in the same period last year on the back of sustained strong growth from core businesses. In a disclosure to the Philippine Stock Exchange...
China Banking Corporation (Chinabank), a lender controlled by the Sy and Dee families, saw its net income reach a record high P11.4 billion in January to June 2024, up 6 percent from P10.8 billion in the same period last year on the back of stronger core lending and deposit-taking activities. ...
China Banking Corporation (Chinabank) has changed its stock symbol at the Philippine Stock Exchange (PSE) from "CHIB" to "CBC" following a bell ringing ceremony at the bourse on June 19. Stage left, from right: Chinabank Chairman Hans Sy, Pres. & CEO Romeo Uyan Jr., and Directors Joaquin...
China Banking Corporation (Chinabank, PSE symbol: CHIB) earned P5.9 billion in the first quarter of 2024, 18% higher compared to the same period last year, on the robust growth of its core businesses. The resulting return on equity and return on assets continued to be among the best in the industry...
China Banking Corporation, a member of the SM Group, reported an 18 percent growth in net income to P5.9 billion in the first quarter of 2024 compared to the same period last year, on the robust growth of its core businesses. In a disclosure to the Philippine Stock Exchange, the bank said the...
Sy-led China Banking Corporation (Chinabank) has declared an all-time high P5.9 billion in cash dividends to its shareholders, 16 percent more than last year’s cash bonus. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its Board of Directors declared a P1.20 per share...
Chinabank Capital Corporation, the investment house of China Banking Corporation, was named as the Best Bond Adviser in the Philippines by The Asset for the 8th straight year. In a statement, the bank said “Chinabank Capital remains unmatched by local investment houses in effectively structuring...
The Sy-led China Banking Corporation (Chinabank) reported a 15 percent growth in net income to a record P22 billion last year from P19.1 billion in 2022 due to higher core business revenues. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its earnings translated to a...
The Department of Finance (DOF) onboarded a new talent from the Sy-led China Banking Corp. to lead the unit responsible for analyzing emerging economic issues and developments. Domini S. Velasquez, the former chief economist of Chinabank, is set to join the DOF this week to head the Office of the...
