China Banking Corp., part of the Sy family’s SM Group, saw profits soar to a record P24.8 billion in 2024, marking a 13 percent increase as the bank’s aggressive growth strategies paid off.
The Sy family’s China Banking Corp. (Chinabank) is set to raise up to P100 billion over three years to fuel its strategic growth, following record-breaking earnings in 2024.
The Sy family-controlled China Banking Corp. (Chinabank) posted record earnings from January to September 2024, driven by strong performance across its core businesses.
Sy-led China Banking Corp. approved major leadership changes with the appointment of Ryan Martin L. Tapia as subsidiary president of China Bank Capital Corp.
Sy-led China Banking Corp. has secured 10 new awards from international publications following its success at the Asian Banker’s Philippine Awards 2024.
The Sy family’s China Banking Corp., the country’s No. 4 lender, has been recognized as one of the best-governed companies in the Philippines, securing the prestigious Five-Golden Arrow Award from the Institute of Corporate Directors (ICD) for the third consecutive year.
Raising its game on the global stage, the Aboitiz Group now ranks alongside giants like Apple and Microsoft in TIME and Statista’s “World’s Best Companies of 2024.”
The Sy family’s China Banking Corp. (Chinabank) reported a record net income of P11.4 billion during the first semester of 2024, a 6 percent increase driven by stronger lending and deposit activities.