Chinese banks’ lending rises in November
Chinese banks boosted lending in November from October, official figures showed Tuesday, as Beijing seeks to preserve the budding recovery in the world’s second largest economy.
Chinese banks boosted lending in November from October, official figures showed Tuesday, as Beijing seeks to preserve the budding recovery in the world’s second largest economy.
THE AYALA and SM groups garnered the most awards in the 1st Bell Awards given by the Philippine Stock Exchange in recognition of listed companies that uphold good governance.
The Bancassurance partnership between China Bank and global insurance firm Manulife plans to scale up operations, broaden its market base and offer new products such as those that will meet investors’ demand for higher yield.
Tycoon Henry Sy-led China Bank has executed a capital restructuring scheme meant to align itself with the rest of its banking peers.
MANILA, Philippines – China Bank FVP Virgilio O. Chua of Investment Banking Group speaking at the SMIC Bonds Investors’ Briefing at the SMX Convention last June 27, 2012. China Banking Corporation (China Bank) is one of the financial institutions tapped by SM Investments Corp. (SMIC) for its issue of P10 billion fixed rate bonds— 7-year [...]
Taking a taxi in Davao? You can now pay using your ATM or debit card. China Bank, BancNet, and Mabuhay Taxi, one of the biggest and oldest taxi fleet operators in Davao, have teamed up to pioneer cashless payments in the city’s transport system.
China Banking Corp. reported that its first quarter net profit grew by 27 percent to P1.1 billion year-on-year due to higher interest and fee-based earnings, hefty trading gains and sale of idle assets.
China Banking Corp. grew its first quarter net profit by 27 percent to
P1.1 billion year-on-year on higher interest and fee-based earnings,
hefty trading gains and sale of some idle assets.
China Bank of tycoon Henry Sy posted a net profit of P3.38 billion in the first nine months—7.5 percent lower than the level seen a year ago due to slower fee-based revenues.
