Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 4

China Banking Corporation (China Bank), stock symbol CHIB, is the first privately-

owned commercial bank in the Philippines, which catered initially to the needs of Chinese
Filipino businessmen. Established in 1920, it played a key role in post World War II
reconstruction and economic recovery through its support to businesses and entrepreneurs in
critical Industries. It was listed in the local stock exchange in 1927, became the first bank in
Southeast Asia to process deposit accounts online in 1969, and acquired its universal banking
license in 1991.
China Bank offers a complete range of deposit, lending, international, and investment
products and services to corporate, commercial, and retail customers. It also provides capital
raising, merger and acquisition, financial restructuring, debt and securities underwriting, and
economic advisory services through its investment house, China Bank Capital Corporation
(CBCC), and securities brokerage through China Bank Securities. It also offers bancassurance
and insurance brokerage services through its subsidiaries Manulife China Bank Life Assurance
Corporation (MCBL) and China Bank Insurance Brokers, Inc. (CIBI), respectively, and an array
of banking of products and services for the retail and SME (small and medium enterprises)
markets through its thrift bank subsidiary, China Bank Savings, Inc. (CBS).
With nearly a century of solid financials, strong commitment to personal, quality service,
significant contribution to the country’s financial landscape, and an enduring legacy of
successful partnerships with generations of clients trusting the Bank with their wealth and future,
China Bank remains one of the most respected, trusted, stable and profitable financial institutions
in the country.

China Banking Corporation (China Bank) is a leading private universal bank in the
Philippines with over 100 years of banking experience and history. It provides a full range of
banking products and services to individuals and businesses, including Peso and foreign currency
deposits, corporate, business, and consumer loans (credit cards, housing, auto, personal, and
automatic payroll deduction); remittance; treasury and foreign exchange trading: trust and asset
management; wealth management; and cash management. They also serve the retail banking,
investment banking, and insurance needs of our diverse customers through our subsidiaries
China Bank Savings, China Bank Capital, China Bank Securities, Resurgent Capital, China Bank
Insurance Brokers, and affiliate Manulife China Bank Life Assurance.
China Bank’s head office is located in Makati City,
Philippines. As of December 31, 2021, our nationwide footprint
spanned 637 branches, complemented by self-service and digital
banking channels available 24/7 1,037 ATMs, Cash Accept Machine,
China Bank TellerPhone, China Bank Online, and China Bank
Mobile App. Our manpower reached 9,747-strong, serving 2.4 million
customers.
We are a member of the SM Group, one of the largest
conglomerates in the Philippines. As of December 31, 2021, SM
Investments Corporation has effective ownership in China Bank of
22.51%. Foreign shareholders owned 26.57%, while the remaining
50.92% were held by various investors.
Our vision, mission, and the values passed on by China Bank’s founders underpin our
continuing story of sustainable growth, governance excellence, and enduring partnerships. For
over a century, China Bank has been operating ethically and responsibly to drive economic
growth, to uplift lives and livelihoods, and to help communities progress towards a sustainable
future.

VISION
Drawing strength from our rich history, we will be the best, most admired, and innovative
financial services institution, partnering with our customers, employees, and shareholders in
wealth and value creation.

MISSION
We will be a leading provider of quality services consistently delivered to institutions,
entrepreneurs, and individuals here and abroad, to meet their financial needs and exceed their
rising expectations.
We will be a primary catalyst in the creation of wealth for our customers, driven by a desire to
help them succeed, through a highly engaged team of competent and empowered professionals,
guided by in-depth knowledge of their needs and supported by leading- edge technology.
We will maintain the highest ethical standards, sense of responsibility, and fairness with respect
to our customers, employees, shareholders, and the communities we serve.

CORE VALUES
• Integrity
• High Performance Standards
• Commitment to Quality
• Concern for People
• Efficiency
• Resourcefulness/Initiative
• Customer Service Focus

You might also like