Chinabank
Chinabank's main branch in Makati | |
| Company type | Public |
|---|---|
| PSE: CBC | |
| Industry | Finance |
| Founded | August 16, 1920 in Manila, Philippine Islands |
| Headquarters | Chinabank Building, 8745 Paseo de Roxas corner Villar Street, , |
Number of locations | 648 branches 1,069 ATMs (2023) |
Key people | Hans T. Sy, (Chairman) Gilbert U. Dee, (Vice Chairman) Romeo D. Uyan Jr. (President and CEO) |
| Services | Banking |
| Revenue | ₱79.9 billion (2023) |
| ₱54.0 billion (2023) | |
| ₱22.0 billion (2023) | |
| Total assets | ₱1.5 trillion (2023) |
| Total equity | ₱150.0 billion (2023) |
Number of employees | 10,662 (2023) |
| Website | www.chinabank.ph |
China Banking Corporation, doing business as Chinabank, is a Filipino local commercial bank established in 1920.
China Banking Corporation was the first privately owned local commercial bank in the Philippines, initially catering to the banking needs of Chinese Filipino businesspeople. It offers various banking services and products related to deposit, investment, trust, cash management, remittance, and financing products and services. It also offers insurance brokerage, stock brokerage, capital markets, and bancassurance services through its subsidiaries and affiliate.
Chinabank is the fourth largest private universal bank in the Philippines. It was named by The Asset as the Best Bank in the Philippines in 2021 and by the People Management Association of the Philippines as the 2023 Employer of the Year.
Chinabank is also one of the best-governed publicly listed companies. It was recognized by the ASEAN Capital Markets Forum (ACMF) as among the Top 20 ASEAN Publicly Listed Companies, as an ASEAN Asset Class, and as one of the Top 3 Publicly Listed Companies in the Philippines, and by the Institute of Corporate Directors, as a Five-Golden Arrow awardee for the bank's corporate governance excellence.