Chinabank
China Banking Corporation (simplified Chinese: 中兴银行; traditional Chinese: 中興銀行; pinyin: Zhōngxīng Yínháng; Pe̍h-ōe-jī: Tiong-heng Gûn-hâng; PSE: CHIB), commonly known as Chinabank, is a Filipino bank established in 1920. It was the first privately owned local commercial bank in the Philippines initially catering to the banking needs of Chinese Filipino entrepreneurs. The bank offers a wide range of banking services, including deposits, investments, trust, cash management, remittance, and loans. It also offers insurance brokerage, stock brokerage, and bancassurance services through its subsidiaries and affiliate.
Logo in use from 1920 until the present | |
| Company type | Public |
|---|---|
| PSE: CHIB | |
| Industry | Finance |
| Founded | January 1, 1901 (Manila, Philippine Islands) July 26, 1920 (Manila, Philippine Islands) |
| Headquarters | Chinabank Building, 8745 Paseo de Roxas corner Villar Street, Makati City 1227, Philippines |
Number of locations | 640 branches 1,044 ATMs (2022) |
Key people | Hans T. Sy, (Chairman) Gilbert U. Dee, (Vice Chairman) Romeo D. Uyan Jr., (President and CEO) |
| Services | Banking |
| Revenue | ₱67.27 billion (2022) |
| ₱55.65 billion (2022) | |
| ₱19.1 billion (2022) | |
| Total assets | ₱1.3 trillion (2022) |
| Total equity | ₱135 billion (2022) |
Number of employees | 10,237 (2022) |
| Rating | Moody's: Baa2; PhilRatings: PRS Aaa(corp) |
| Website | www.chinabank.ph |
Chinabank was named Best Bank in the Philippines and its investment house arm Chinabank Capital was awarded Best Bond Adviser (Domestic) by The Asset at the Triple A Country Awards 2021. It was also recognized as among the Top 20 ASEAN Publicly Listed Companies, as an ASEAN Asset Class, and among the Top 3 Publicly Listed Companies in the Philippines by the ASEAN Capital Markets Forum in 2022 and 2021. Chinabank was also a recipient of the Institute of Corporate Directors' highest governance recognition, winning the 5-Golden Arrow Award for two years in a row in 2022 and 2023.