Business NEWS

China Banking Corporation (China Bank) reported a 37 percent jump in net profits to P4.9 billion in the first quarter of 2022 from P3.6 billion in the same period last year.

China Banking Corporation (China Bank) made it to the Financial Times’ 2022 ranking of the top 500 high growth companies in the Asia Pacific region—the only bank among the 15 Philippine companies in the comprehensive list.

China Banking Corporation and its investment banking arm China Bank Capital bagged top honors at the recent 2022 PDS Awards of the Philippine Dealing System Holdings Corp. and Subsidiaries (PDS) Group.

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.

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.

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.

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.

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 Banking Corporation (China Bank) has received the highest issuer rating of PRS Aaa (corp.) with a Stable Outlook from Philippine Rating Services Corporation (PhilRatings).

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.

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.

China Banking Corporation has been named by the Bangko Sentral ng Pilipinas (BSP) as an outstanding stakeholder.

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.