China Banking Corporation

At Binondo, the oldest Chinatown in the world, on Quintin Paredes Street, China Bank was founded in 1920. China Bank is still one of the most reputable and reliable financial institutions in the Philippines, trusted by major businesspeople and Chinese traders.

With a stronger return on equity of 15.1%, the bank's 2022 net income climbed by 27% year over year and resulted in earnings of P19.1 billion. China Bank belongs to the SM Group's banking business division, just like BDO. A financial company in the Philippines that is supported by a sizable conglomerate has several opportunities to thrive.

In 2009, the American consulting company Stern Stewart and Company named China Bank as one of the "top 100 ASEAN corporations in terms of producing shareholder value." In 2011, The Asset Magazine (HK) recognized it as the Philippines' best wealth management house. China Bank was recognized as one of the best-governed businesses in the Philippines at the 2012 Bell Awards of the Philippine Stock Exchange.

Founded: August 16, 1920
Headquarters: China Bank Building, 8745 Paseo de Roxas corner Villar Street, Makati City 1226, Philippines
Website: www.chinabank.ph