Patrickd Cheng News Today

LOCAL banks are leveraging their digitalization efforts to sustain their double-digit net income growth in 2023. In separate disclosures to the Philippine Stock Exchange (PSE), China Banking Corp. (Chinabank) posted a 15 percent growth to P22 billion while Rizal Commercial Banking Corp. (RCBC) also posted a growth of 15 percent…

CHINA Banking Corp. (China Bank) recently won for the second time the Five-Golden Arrow Award, the highest recognition given by the Institute of Corporate Directors (ICD) to publicly-listed companies and insurance firms in the Philippines that excel in corporate governance. “This recognition is a testament to [our] ‘beyond-compliance approach’ to corporate governance and our unwavering

THE Sy-led China Banking Corp. (Chinabank) posted a 7-percent growth in its net income in the first six months of the year on the back of “higher revenues and lower provisioning.” In a disclosure to the Philippine Stock Exchange on Thursday, Chinabank said its net income reached P10.8 billion in…

China Banking Corporation reported a 31 percent growth in net income to P14.7 billion in the first nine months of 2022, from P11.2 billion in the same period last year, on the back of higher revenues and core fee income. In a disclosure to the Philippine Stock Exchange, the bank said this translat

China Banking Corporation reported a 39 percent jump in net profit to P10.1 billion in the first six months of 2022 from the P7.3 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said earnings growth was driven mainly by higher net interest in

Chief executives and key finance officers of 15 publicly-listed companies (PLCs) in the country will brief fund managers, equities analysts and investors on their first quarter financial performance and business strategies in the new normal. The Philippine Stock Exchange, Inc. (PSE) said it is host

China Banking Corporation posted a 25 percent increase in net income to P15.1 billion last year on the back of sustained core business growth and effective cost management. In a disclosure to the Philippine Stock Exchange, the bank said its earnings translated to an improved return on equity and re

Amid the challenges of COVID-19, China Banking Corporation (China Bank) landed in The Asian Banker’s Top 500 Strongest Banks ranking for 2021 as the second strongest bank in the Philippines in terms of balance sheet. China Bank is also in the top 20 percent of the 500 strongest banks in the Asia Pa

Published July 29, 2021, 3:38 PM China Banking Corporation reported a 39 percent jump in net income to P7.3 billion in the first half of 2021 despite higher provisions as its core businesses delivered strong performances. In a disclosure to the Philippine Stock Exchange, the bank said this translated to an improved return on equity of 13.4 percent and better return on assets of 1.4 percent. The 100-year old bank sustained its profitability even as it continued to build up its loan loss provisio...

Published April 30, 2021, 6:00 AM China Banking Corporation posted a 61 percent jump in net income to P3.6 billion in the first quarter of 2021 for an improved return on equity of 13.4 percent and return on assets of 1.4 percent.  “We are gratified by these very positive results and by the continued support of our customers and the dedication of our employees,” said China Bank President William C. Whang in a disclosure to the Philippine Stock Exchange.  Amid the economic downturn due to t...