China Bank

China Banking Corp., led by Hans T. Sy, is a major Philippine bank focusing on digital transformation and financial inclusion through initiatives like AI tools for fraud detection and partnerships in remote areas. The bank recently reported record profits with a net income of P24.8 billion in 2024 and renewed its bancassurance partnership with Manulife Philippines for another 15 years. Chinabank is also selling a 14-hectare property acquired through dacion en pago from Chelsea Logistics, highlighting its strategic real estate portfolio management.

This is an AI-generated summary based on recent coverage.
Last updated at July 31, 2025.

Recent stories about China Bank

Chinabank reports record P13B net income, 14% year-on-year increase

China Banking Corp. (Chinabank) reported a record net income of P13 billion for the first half of the year, marking a 14 percent increase from the same period last year.
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SEC green-lights AboitizPower's P100B bond program

The Securities and Exchange Commission (SEC) has approved Aboitiz Power Corp.'s P100-billion bond program, allowing the energy firm to raise funds for refinancing existing debt.
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PSEi slips 0.17% for fourth straight day

The Philippine Stock Exchange index closed with a slight decline for the fourth consecutive day, ending at 6,454.84 on Monday.
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SMIC reports 9% net income increase to P20.1B in Q1 2025

SM Investments Corp. (SMIC) reported a 9% increase in net income to P20.1 billion for the first quarter of 2025, driven by strong domestic demand and decelerating inflation.
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Chinabank renews bancassurance pact with Manulife for 15 years

China Banking Corp. (Chinabank) has renewed its bancassurance partnership with Manulife Philippines through their joint venture, Manulife Chinabank Life Assurance Corp. (MCBL).
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Chinabank reports record P24.8B net income for 2024

China Banking Corp. (Chinabank) reported a record net income of P24.8 billion for the year 2024, marking an increase of 12.7 percent.
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PSEi rises 1.33% after two days of decline

Philippine shares rebounded on Wednesday after two consecutive days of decline, with the bellwether Philippine Stock Exchange index (PSEi) rising 1.33% to close at 6,144.96.
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Filipino firms excel in Time's Asia-Pacific best companies list

Several major Philippine companies, including Ayala Corporation and San Miguel Corporation, led 29 Filipino firms named among Time Magazine's inaugural list of the 500 Best Companies in Asia-Pacific for their robust growth and sustainable practices last year.
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Chinabank plans P100B fundraising over three years

China Banking Corp. (Chinabank) plans to raise P100 billion in fresh funds through bonds and commercial papers over the next three years.
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Philippine markets mixed, PSEi down slightly

Philippine financial markets closed mixed on Friday, December 27, marking the last trading day of a volatile year for both stocks and currency.
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