About China Banking

China Banking Corporation (China Bank) operates as a private universal bank that offers a range of banking products and services to institutional and individual customers in the Philippines. The company also offers thrift banking, investment banking, insurance brokerage, stock brokerage, and bancassurance through its subsidiaries, China Bank Savings, Inc.; China Bank Capital Corporation; CBC Assets One (SPC) Inc.; China Bank Securities Corporation; Resurgent Capital (FIST-AMC) Inc; Chinabank Insurance Brokers, Inc., CBC Properties and Computer Center, Inc., and affiliate Manulife China Bank Life Assurance Corp (MCBLife). The company provides expanded commercial banking products and services, such as deposit products, loans and trade finance, domestic and foreign fund transfers, treasury products, trust products, foreign exchange, corporate finance and other investment banking services. The company offers a comprehensive suite of products and services through its branches complemented by convenient and secure electronic banking channels which are available 24/7 - ATMs, Cash Accept Machines, China Bank TellerPhone (phone banking), China Bank Online, and China Bank Mobile App. The company operates through Institutional Banking, Consumer Banking, Retail Banking Business, Financial Markets, and Others segments. Institutional Banking - principally handles lending, trade finance, and corollary banking products and services offered to corporate and institutional customers as well as selected middle market clients. Consumer Banking - principally handles home loans, contract-to-sell receivables, loans to developers, auto loans and credit cards for individual and/or corporate customers. Retail Banking Business - principally handles retail and commercial loans, individual and corporate deposits, overdrafts and funds transfer facilities, trade facilities and all other services for retail customers. Financial Markets - principally provides money market, trading, and treasury services, manages the Group's funding operations by the use of government securities, placements, and acceptances with other banks, as well as offers advisory and capital-raising services to corporate clients and remittance transactions. Others - handles other services, including, but not limited to, trust and investment management services, wealth management services to high net-worth customers, asset management, insurance brokerage, credit management, thrift banking business, operations and financial control, and other support services. Principal Products and Services The company's main businesses include deposit-taking, corporate and middle market lending, consumer lending which includes retail estate loans, vehicle loans, credit cards, personal loans and automatic payroll deduction; treasury and foreign exchange trading, trust and investment management, wealth management, cash management, online and mobile banking services, inward remittances through tie-ups with banks and money services businesses in the Middle East, the Asia Pacific, Europe and the Americas; and investment banking, securities brokerage, bancassurance and insurance brokerage through its subsidiaries and affiliate. Deposits and Related Services Peso Deposits: Checking - ChinaCheck Plus, Savings - Passbook Savings, ATM Savings, MoneyPlus Savings, Young Savers; Time - Regular Time Deposit, Diamond Savings, Money Lift Plus; Foreign Currency Deposits -Savings - (USD, Euro, RMB and JPY), Time - Foreign Currency Time Deposit Account, Premium Savings Account; Deposit-Related Services - Cash Card, Payroll Account, SSS Pensioner's Account, Manager's Check, Gift Check, Demand Draft, Safety Deposit Box Night Depository Services, Cash Delivery and Deposit Pick-up Services. Loans & Credit Facilities Corporate & Commercial Loans: Omnibus Line, Loan Line, Term Loan, Trade Finance Products, and Factoring Receivable. Consumer Loans: HomePlus Real Estate Loan, AutoPlus Vehicle Loan, Contract to Sell Facility; and SalaryPlus Salary Loan. Credit Cards: China Bank Prime Mastercard; China Bank Freedom Mastercard; China Bank Cash Rewards Mastercard; China Bank Platinum Mastercard; China Bank World Mastercard; and China Bank Wealth Mastercard. International Banking Products & Services Letters of Credit, Standby Letters of Credit, Shipping Guarantee, Documents against Payment, Documents against Acceptance, Advance Payment, Open Account, Trust Receipt Loans, Exports Bill Purchase, Export Collections, Customs and Duties Tax Payments; Advising of Letters of Credit and Standby Letters of Credit; Purchase and Sale of Foreign Exchange; and Inward and Outward Remittances - Domestic and International, and Foreign Currency Loans. Investment Banking Services Bonds, Syndicated Loans, Corporate Note, Structured Loan, Project Finance, Long-term Negotiable Certificate of Time Deposit (LTNCD), Enrolled Note (Short Dated Notes/Qualified Buyers Notes), Convertible Note, Initial Public Offering, Follow On Offering, Stock Rights Offering, Preferred Shares, Convertible Shares, Exchangeable Shares, Real Estate Investment Trust (REIT), Mergers & Acquisition Advisory, Corporate Structuring, Valuation Analysis, and Securitization. Overseas Kababayan Services China Bank Remittance; Online Kababayan Savings (OKS) Account (PHP and USD); and Pay to Cash - Real-Time Cash Pick-Up Anywhere service and Same Day Cash Delivery (within NCR only). Trust Services Unit Investment Trust Fund (UITF) - China Bank Cash Fund, China Bank Money Market Fund, China Bank Short-Term Fund, China Bank Intermediate Fixed-Income Fund, China Bank Fixed Income Fund, China Bank Balanced Fund, China Bank Equity Fund, China Bank High Dividend Equity Fund, China Bank Philippine Equity Index Tracker Fund, China Bank Dollar Fund, and China Bank Dollar Cash Fund; Wealth Management - Investment Management Arrangement, Personal Management Trust, and Irrevocable Life Insurance Trust; and Corporate Trust Services - Escrow Services Arrangement, Employee Benefit Fund Management, Corporate Fund Management, Facility Agency Arrangement, Security Trusteeship Arrangement, Collecting and Paying Agency Arrangement. Treasury Services Investments-Local currency denominated Government and Corporate Bond Issues and Perpetual Notes, Foreign currency denominated Government and Corporate Bond Issues and Perpetual Notes, China Bank Bond; Deposit and Deposit Substitutes-Long-Term Negotiable Certificate of Deposit (LTNCD), Treasury Certificate of Deposit (TCD), Promissory Note; Foreign Exchange & Derivatives- FX Spot, FX Forward and FX Swaps, Interest Rate Swaps and Cross Currency Swaps; and Structured Products- Premium Yield Advantage (PYA) and Asset Swap (ASW). Insurance Products Bancassurance: MCBL FutureBoost; MCBL Enrich; MCBL Invest; Base Protect Plus; Assure Max, Legacy Secure, HealthFlex; MCBL WealthOne; Group Yearly Renewable Term (GYRT), Group Credit Life (GCL); Group Personal Accident (GPA); Group Riders (Accidental Death, Dismemberment & Disablement, Total and Permanent Disability, Accidental Medical Reimbursement, Hospital Income Benefit, 60 Critical Illness Benefit, Family Assistance Benefit, Terminal Illness Benefit); Health Protect, Secure Pinoy Group Life Care, Secure Pinoy Student Life Care; Secure Pinoy for Life; and Secure Pinoy for Accident and Medical Treatment. Non-Life Insurance: Fire and Allied Perils; Motor Car Insurance; Personal Accident and Travel; Travel Accident Insurance; Medical Insurance / Employee Benefit; Comprehensive General Liability Insurance; Electronic Equipment Insurance; Money, Securities and Payroll Insurance; Fidelity Guarantee Insurance; Property Floater; Contractors' Insurance All Risks (CARI); Erectors' Insurance All Risks (EARI); Marine Cargo; Marine Hull; and Surety Bonds. Non-Traditional and Highly Specialized insurance products, such as Directors & Officers Liability, Cyber Liability, Trade Credit, and Parametric Solutions. Payment & Settlement Services Electronic Banking Channels: China Bank Automated Teller Machine (ATM); China Bank Cash Accept Machine (CAM); China Bank Bills-In Bills-Out (BIBO); China Bank TellerPhone; China Bank Online; China Bank Mobile Banking App; and Point-of-Sale (POS). Cash Management Solutions Account Management via China Bank Online Corporate: Basic Services - Balance Inquiry and Transaction Reporting, Intra-bank transfer of funds to own &/or third-Party account(s), Inter-bank Fund Transfer via Bancnet, Instapay and Pesonet Buy &/or sell foreign currency, Sure Sweep, and Collection Arrangement Report. Self-Service Functionalities - Request for Bank Certificate, Checkbook Reorder, and Stop Payment Order. Liquidity Management via China Bank Online Corporate: Multi-Bank SOA Concentration, Sure Sweep - Funds Consolidation, Funds Distribution; and Corporate Inter-Bank Fund Transfer. Receivables Management - Automatic Debit Arrangement (ADA), Check Depot, Bills Pay Plus, Referenced Deposit Solution, and Smart Cash Safe Solution. Payables Management - Direct Debit Arrangement and Auto Credit Arrangement (ACA). Check Writing Services - Check Write Plus Software; and Check Write Plus Outsourcing and Check Write Plus Self-Service. Payroll Services - Payroll Crediting, China Pay Software, and Payroll Processing. POS Solutions - ChinaBank Debit POS and ChinaBank POS Cash Out. Trade and Settlement Solutions - Settle stock transactions with the Securities Corporation of the Philippines (SCCP) Broker's Solution; and Electronic Invoicing & Payment Solution. Government Payments and Collections - Easy Tax Filing and Payment Solution, Tax Payment Solution (eFPS); and eGov Payments, SSS Sickness, Maternity, and Employee Compensation (SSS SMEC). China Bank Securities Stock Brokerage - Online Stock Trading, Traditional Trading (Peso-denominated stocks, Dollar-Denominated Securities or DDS, Real estate Investment Trusts or REITs), Research Services, and Stabilization Agency. Distribution Methods of Products and Services The company's products and services are made available across multiple distribution and delivery channels: branch network; ATM network; founding member of the bancnet consortium, access to ATMs nationwide of bancnet networks; online banking; and tellerphone (phone banking) and mobile banking. Trademarks and Licenses The company has registered its corporate brand, slogan, and product trademarks with the Intellectual Property Office (IPO) of the Philippines - Bureau of Trademarks, as follows: China Bank - Your Success is Our Business, More Than Your Banker, the Right Partner; China Bank Treasury Investments; ChinaBank GS Fund; ChinaBank Online; ChinaBank Diamond Savings Account; ChinaBank Dollar Fund; ChinaBank ChinaCheck Plus; ChinaBank HomePlus; ChinaBank AutoPlus; ChinaBank Platinum; ChinaBank Prime; ChinaBank World; ChinaBank Premium Savings Account; ChinaBank Wealth Management; ChinaBank Cash Management; ChinaBank WritePlus; ChinaBank Check Depot; ChinaBank Sure Sweep; ChinaBank Sure Collect; ChinaBank Bills Pay Plus; ChinaBank ACA Autp-Credit Arrangement; ChinaBank ADA Auto-Debit Arrangement; ChinaBank EGOV; ChinaBank Corporate Bills Payment; ChinaBank Escrow Agency Services POEA; ChinaBank Partnership Banking; ChinaBank Direct Debit Arrangement; ChinaBank Trust and Asset Management Group; and China Bank Online Kababayan Services (OKS). All the company's trademark registrations are valid for 10 years with expiration years varying from 2020 to 2030. History China Banking Corporation was founded in 1920. The company was incorporated in 1920.