Chinabank raising P100 B in 3 years
The Philippine Star|January 10, 2025
Listed China Banking Corp. is set to raise up to P100 billion in the next three years to support its strategic initiatives and expansion programs.
By CATHERINE TALAVERA

In a disclosure to the Philippine Stock Exchange, Chinabank said its board of directors approved a fundraising exercise of up to P100 billion in several tranches in the next three years.

The bank said the fundraising activity may be in the form of retail bonds or commercial papers or a combination.

"The proceeds shall be used to support the bank's strategic initiatives and expansion programs," it said.

From January to September 2024, the bank boosted its earnings by 13.5 percent to a record P18.4 billion, mainly due to sustained growth from its core businesses.

この記事は The Philippine Star の January 10, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Philippine Star の January 10, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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