MANILA, Philippines — The SY family-led China Banking Corp. (Chinabank) posted a record net income of P13 billion in the first half of 2025, marking a 14 percent increase from P11.4 billion in the same period last year, driven by strong core business expansion.
MANILA, Philippines — The SY family-led China Banking Corp. posted a record net income of P13 billion in the first half of 2025, marking a 14 percent increase from P11.4 billion in the same period last year, driven by strong core business expansion.The bank attributed the earnings surge to higher revenues, particularly in its interest income, which rose 15 percent year-on-year to P34.9 billion, helping push total revenues up 34 percent to P38.9 billion.
5 percent industry average—the bank set aside higher credit provisions amounting to P6.5 billion. This brought its NPL coverage to 125 percent, higher than the industry benchmark of 95 percent.The loan expansion was funded by a 5 percent rise in deposits to P1.3 trillion, with checking and savings accounts growing by 10 percent.“We are sustaining our growth momentum as we execute our strategy and focus on delivering quality service and value to our clients and stakeholders,” Uyan said.
Banking Corp. Posts Record P13B Net Income
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