Tag: Chinabank

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Chinabank posts record profit in 2025, boosts balance sheet

China Banking Corp., the country’s fifth largest lender by assets and part of the Sy Group, delivered a banner performance in 2025 with record net income of P28 billion, up 13 percent from a year earlier, as core lending and fee businesses powered broad-based growth.

Chinabank delivers record P13B profit in 1H

China Banking Corp. posted a record net income of P13 billion in the first half, up 14 percent year-on-year, driven by robust core business...

Higher interest income lifts Chinabank 1Q profit

China Banking Corp., the country’s 6th largest lender by assets, sustained its strong performance in the first quarter, with higher interest income and continued loan expansion fueling a 10 percent growth in net income to P6.5 billion.

Chinabank hikes dividends, declares P6.7B payout

China Banking Corp., a banking affiliate of the Sy Group, said its board has approved a total cash dividend payout of P6.7 billion, reflecting the bank’s strong financial performance and commitment to rewarding shareholders.

Chinabank board approves renewal of insurance JV with Manulife 

China Banking Corp., an affiliate of the Sy Group and the 5th largest lender in the country by assets, said Thursday its board has approved...

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ADB warns Philippine farms, infrastructure face rising coastal flood risks

The Philippines faces mounting risks to agricultural production, infrastructure and economic activity as coastal flooding intensifies, underscoring the need to integrate climate resilience into development planning and investment decisions, according to the Asian Development Bank’s (ADB) Asia–Pacific Climate Report 2026.

Vivant Foundation upgrades La Union schools, expands library

Vivant Foundation Inc. (VFI), together with Vivant Energy Corporation and its subsidiary 1590 Energy Corporation, has upgraded electrical systems in three public elementary schools and provided library packages to 14 schools in Bauang South District, La Union, as part of efforts to improve learning environments and support literacy.

JPMorganChase earns two awards for workplace inclusion

JPMorganChase has received two major distinctions at the 2026 Bahaghari Awards organized by Philippine Financial and Inter-Industry PRIDE (PFIP), highlighting its efforts to advance LGBTQ+ inclusion, employee engagement and workplace diversity in the Philippines.

Philippines to advance low-carbon cement across ASEAN

The Philippines will promote low-carbon cement production, alternative fuels and energy-efficient technologies across Southeast Asia as it assumes the presidency of the ASEAN Federation of Cement Manufacturers (AFCM) for 2026–2028, balancing environmental goals with the industry’s competitiveness.

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