SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Aug 5, 2020

2. SEC Identification Number

443

3. BIR Tax Identification No.

000-444-210-000

4. Exact name of issuer as specified in its charter

China Banking Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

China Bank Building, 8745 Paseo de Roxas corner Villar Street, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

888-55-555

9. Former name or former address, if changed since last report

N.A.

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	2,685,899,812

11. Indicate the item numbers reported herein

Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

China Banking CorporationCHIB

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Board Approval of Centennial Stock Grant Plan
Background/Description of the Disclosure
Please be informed that during its regular meeting this afternoon, 05 August 2020, in light of the Bank's 100th anniversary, the Board of Directors approved a Centennial Stock Grant Plan to issue common shares to eligible grantees with the following key details: Grantee Eligibility Requirements: 1. All regular employees (officers and rank & file employees) and certain recently retired employees retained as consultant (as specified by the Chairman of the Board) of the China Banking Corporation Group (CBC, and its subsidiaries CBC Properties and Computer Center, Inc., China Bank Insurance Brokers, Inc., China Bank Capital Corporation, China Bank Securities Corporation, and China Bank Savings, Inc.) as of 16 August 2020. 2. Minimum service tenure of at least 1 year as of 16 August 2020. 3. No future service or performance condition is required. 4. Grantees who resign, retire, or otherwise leave the CBC group after 16 August 2020 will still qualify to receive the shares. Number of Shares to be issued to each Grantee: 1. 100 shares per year of service, based on tenure as of 16 August 2020. 2. For China Bank Savings, Inc. (CBSI) employees, only CBSI tenure will be counted. 3. Tenure will not be rounded up. Any fraction of a year will be dropped from the computation. Holding Period: Minimum holding period of two years from 16 August 2020. The shares may only be sold, encumbered, or disposed after 16 August 2022. Costs: Taxes and other costs for the issuance of the shares to the grantees and the listing thereof in the Philippines Stock Exchange shall be for the account of the Bank. The issue price for the shares shall be determined by the authorized officers. The Board further approved to delegate to the President, Chief Operating Officer and Chief Finance Officer the authority to prepare and approve the comprehensive plan consistent with the Board approval, apply for and comply with the requirements of the regulatory agencies, and perform other actions necessary in connection with the approval. The foregoing shall be subject to the approval and ratification of the stockholders at a meeting called for the purpose, and the approval of the relevant regulatory agencies.
Other Relevant Information
Please see attached.