Wednesday, February 7, 2018

China Banking Corporation (CHIB)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
China Banking Corporation (CHIB)
Sector
Financials
Incorporation Date
Jul 20, 1920
Subsector
Banks
Number of employees
 10,382 (Group Total)
Board of Directors
Chairman: Hans T. Sy, Vice Chairman: Gilbert U. Dee
Website / E-mail
http://www.chinabank.ph / investor-relations@chinabank.ph
2. Stock Information
Total Assets
692,743,621,000
Market Capitalization
89,268,659,557.00
Total Liabilities
610,360,694,000
Outstanding Shares
2,684,771,716
Retained Earnings
39,436,497,000
Listed Shares
2,684,771,716
Listing Date
Sep 01, 1927
Issued Shares
2,684,771,716
Board Lot
100
Free Float Level (%)
58.26%
Par Value
10.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORPORATION (NON-FILIPINO)
SM INVESTMENTS CORPORATION
PCD NOMINEE CORPORATION (FILIPINO)
SYSMART CORPORATION
SHOEMART, INC.
26.70%
17.21%
15.93%
15.49%
04.34%
4. Company Descriptions and Business Development
Notes
1. Gerard T. Dee is the son of Mr. Gilbert U. Dee
    Angela D.Cruz is the daughter of Joaquin T. Dee
2. Related companies: CHIB, SM
Overview
CHIB was the first privately-owned local commercial bank in the Philippines. It has 541 branch network (of which 391 are China Bank branches, 150 ChinaBank Savings branches which includes the 78 branches of the former Plantersbank). As of 2016, it is the country‘s sixth largest private commercial bank. It provides all kinds of commercial banking services to various clients.

Business
Revenue contribution in 2016 (in million pesos)
Interest income
Others
21,892
5,095
81.12%
18.88%


Other income includes service charges, fees & commissions, trading gain, foreign exchange gain, trust fees, income from sale of acquired assets and other miscellaneous income.

Subsidiaries / Associates / Affiliates / Joint Ventures
Chinabank Insurance Brokers, Inc.
China Bank Savings, Inc. (CBSI)
CBC Assets One, Inc handles receivables, mortgage loans and other debt instruments.
China Bank Capital Corporation(CBCC)
China Bank Securities Corporation

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