China Banking Corp. announced Thursday it has received the Excellence in Innovation in the Philippines 2026 award from Global Banking and Finance Review, recognizing its Easy Tax Filing and Payment Solution.
As the first and only automated facility of its kind in the country, the platform is designed specifically for real estate developers. It digitizes complex property-related tax submissions directly to the Bureau of Internal Revenue, cutting paperwork and processing time while eliminating common compliance bottlenecks. According to Domingo Dayro Jr., head of Chinabank’s cash management services, the tool protects businesses from delays, simplifies reconciliation, and frees up capital for core growth.
This year, only eight Philippine firms were honored among 173 global institutions by the UK-based publication, which uses a strict, merit-based judging process. The solution has previously earned top honors at the Asian Banking and Finance Awards and London’s PAY360 Awards, underscoring its role in the bank’s broader digital strategy.
