China Bank is Best Bank in Philippines

·1 min read

CHINA Banking Corp. (China Bank) was named the Best Bank in the Philippines by Hong Kong-based financial publication The Asset.

China Bank bested the other banks in the country, including the largest ones.

Meanwhile, China Bank Capital was named the Best Bond Adviser (Domestic), winning the distinction for the sixth consecutive year.

China Bank and China Bank Capital will be awarded at The Asset Triple A Country Awards 2021 in March.

China Bank was lauded as the “Best Bank” for its strong financial performance and proven expertise in corporate and institutional banking, advisory and transaction banking, as well as its environmental, social and governance initiatives.

The bank and all the other awardees in Southeast Asia were recognized by The Asset for their zeal and versatility in seeking ways to adapt to challenging conditions and enhancing their services to end-users while recording fee income growth despite the market volatility caused by the global pandemic.

The bank was the country’s best performing bank in 2020 in terms of profitability, posting full year net income growth of 20 percent while most banks’ earnings dropped. (PR)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting