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...
China Banking Corporation has declared cash dividends amounting to P2.69 billion or P1.00 per share. During the firm’s annual stockholders’ meeting, the China Bank Board of directors said this is equivalent to a cash dividend yield of 4.02 percent based on the Bank’s closing price of...
China Bank Savings (CBS), the retail banking arm of China Banking Corporation (China Bank), has appointed James Christian T. Dee as its new Director and President effective April 15, 2021. In a statement, the bank said Dee has an extensive banking experience of more than 20 years, including...
China Banking Corporation (China Bank) is planning to raise up to P100 billion over the next three years to support its strategic initiatives and expansion program. In a disclosure to the Philippine Stock Exchange, the bank said its Board of Directors has greenlighted the conduct of a...
China Banking Corporation has successfully raised P20 billion via the issuance of three-year fixed-rate bonds, the first from a financial institution in the country this year. In a disclosure to the Philippine Stock Exchange, the bank said the issuance is four times the original offer of P5...
China Bank Capital, a unit of China Banking Corporation, reported that it grabbed a 30.5 percent share of the investment banking transactions this year. In a statement, the firm said it has maintained its position as the number one debt capital markets bookrunner in the Philippines since its...
China Banking Corporation posted a 23 percent jump in net income to P8.2 billion from January to September 2020, translating to an improved return on equity of 11.15 percent. In a disclosure to the Philippine Stock Exchange, the bank said that, for the third quarter 2020, net earnings hit P3.0...