China Banking Corporation (simplified Chinese: 中兴银行; traditional Chinese: 中興銀行; pinyin: Zhōngxīng Yínháng; Pe̍h-ōe-jī: Tiong-heng Gûn-hâng; PSE: CBC), commonly known as Chinabank, is a Filipino bank established in 1920.
[4] Chinabank, founded by Dee C. Chuan, Albino SyCip, Guillermo A. Cu Unjieng, Carlos Palanca Sr. and other visionaries, opened its first office at No.
This mixture of cultures represented a seamless merger of Western and Eastern banking policies—an obvious lack during those days when financial institutions governed by Western policies declined credit loans of wealthy Filipino-Chinese businesspeople who operated on the principle of xìnyong (Hokkien Chinese: 信用; Pe̍h-ōe-jī: sìn-iōng) or trustworthiness.
Chinabank recognized the value of xìnyong and granted small loans and opened credit accounts with patrons and suppliers without demand for collateral.
However, by the end of 1941, the Bank had been making steady deposits and turning over assets to the United States High Commissioner to the Philippines Francis Bowes Sayre Sr. for safekeeping, with the help of the officials of the US Treasury Department of Manila.
Chinabank played a key role in post-World War II reconstruction and recovery through its support to businesses and entrepreneurs in critical industries.
In the same year, Chinabank accessed offshore capital markets for the first time by issuing US$50-million Floating Rate Certificate of Deposit (FRCD).
[16] The new tagline “Focused on You”, which is also the title of its new jingle and digital campaign, reflects the bank's firm commitment to serving its customers and putting their best interests in mind.
The new logo, with its stylized “CBC” monogram, a symbol that embodies stability and simplicity, gives Chinabank a younger, more agile, and dynamic look.
In June 19, 2024, at the Philippine Stock Exchange bell ringing ceremony led by Chair Hans T. Sy and Chair José T. Pardo, Chinabank's stock symbol was rebranded to "CBC" from "CHIB".