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China Banking Corporation
| China Banking Corporation (CHIB) was incorporated on July 20, 1920 and commenced business on August 16 of the same year as the first privately-owned local commercial bank in the Philippines. CHIB was listed on the local stock exchange by 1927 and acquired its universal banking license in 1991. CHIB started by mainly catering to the Chinese-Filipino commercial sector, but has since expanded its market scope to include the retail and consumer segments. CHIB's main businesses include corporate and SME lending, retail loans including mortgage and auto loans, treasury and foreign exchange trading, trust and asset management, investment banking and advisory services, wealth management, cash management, insurance products through China Bank Insurance Brokers, Inc. and Manulife China Bank Life Assurance Corporation, internet banking and mobile banking services and remittances through tie-ups with remittance companies and exchange houses in the Middle East, Asia and major US cities. The Company also offers foreign currency deposits in four currencies – US dollar, euro, yuan, and yen. The Company's subsidiaries are China Bank Saving; China Bank Capital; CBC Assets One; China Bank Securities; Resurgent Capital; Chinabank Insurance Brokers; and CBC Properties and Computer Center, Inc. As of December 31, 2022, CHIB has 640 branches and 1,044 automated teller machines nationwide. Source: SEC Form 17-A (2022) |
| Sector | Financials |
|---|---|
| Subsector | Banks |
| Corporate Life | 50 |
| Incorporation Date | Jul 20, 1920 |
| Number of Directors | 11 |
| Stockholders' Meeting as per By-Laws | May - first Thursday; if holiday, reschedule to May - second Thursday |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | SyCip, Gorres, Velayo & Company |
| Transfer Agent | Stock Transfer Service, Inc. |
| Business Address | 8745 China Bank Building, Paseo de Roxas cor. Villar St., Makati City 1226 P.O. 2182 |
|---|---|
| E-mail Address | [email protected] |
| Telephone Number | (632) 8885-5555 |
| Fax Number | (632) 8892-0238; (632) 8885-5135 |
| Website | http://www.chinabank.ph |
