China Banking Corporation (China Bank)

Company Name: China Banking Corporation (China Bank) 

Company Owner: Henry Sy, Sr.

Company Address: 8745 China Bank BuildingPaseo de Roxas cor. Villar St., Makati City

Official Contact #: 885-5555

Company Website: https://www.chinabank.ph/personal.aspx

Company Facebook: https://www.facebook.com/chinabank.ph/

Company E-mail: investor-relations@chinabank.ph

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Product/Services: Banking Services

Corporate Social Responsibility

China Bank donates personal computers to public schools

China Banking Corporation (China Bank), in partnership with its thrift arm China Bank Savings (CBS), gave new life to its used PCs by donating them to deserving public schools to celebrate its 97th anniversary. Moonwalk National High School in Parañaque City and San Fernando Elementary School in Pampanga received 10 units each. These donations follow the Department of Education’s (DepEd) mandate of fostering information technology education among public school students, and form part of China Bank’s Corporate Social Responsibility (CSR) program under the ESG (Environmental, Social, Governance) framework. (Top) China Bank representatives led by Marketing Communications Head Mary Ann Ducanes (5th from right) and China Bank Savings DepEd Loans Division Head Neil Jumawan (5th from left) join Moonwalk National High School teachers during the turnover ceremony. (Above) China Bank Corporate Communications Head Nikki Constantino (front row, 5th from left), Area Head Alex Liwanag (2nd from left), and other bank representatives join San Fernando Elementary School officials for the turnover ceremony.

Community involvement is a cornerstone of China Bank’s ESG-CSR programs. We support a wide range of noteworthy projects for the underprivileged sector, provide educational assistance to promising children, undertake charitable fundraising, and encourage employee volunteerism in our efforts to give back to society. 

China Bank strongly endeavors to promote education through our investment in various financial literacy and financial wellness briefings to various sectors and banking publics. This includes our sustained financial advisories to and consultations for our valued clients, series of investor and wealth management fora, and savings and investment trainings to seafarers and other overseas Filipino workers (OFWs). We also continually give our share to sponsor students under the Ateneo de Manila University scholarship program, as well as for the education of deserving children of our own employees through the Dee C. Chuan and the Gilbert U. Dee Scholarship Funds.

We partnered with the Department of Education in Region 3 to give assistance to public school teachers and non-academic staff. Through its thrift bank arm, China Bank Savings, the Bank explores new ways of providing financial access to more people, with the aim of bringing into the mainstream economy those who are not in the realm of banking services. It launched the Easy DepEd Loan and the Affordabundle DepEd Loan which both offer easy-to-avail and low interest loan to this market. In 2013, it began opening Easi Banking branches (EBBs) in Savemore outlets in Metro Manila, tapping the unbanked and underserved sectors and making it easy for them to start banking relationships with low—even zero—initial deposit accounts and small business financing. Accessible Mondays to Saturdays and designed in look and in processes to accommodate first-time bank customers, China Bank Savings EBBs serve a wide range of clients: from market vendors and blue-collar workers—people who would otherwise be intimidated transacting in a traditional bank branch—to students and professionals. The EBBs, numbering 13, have close to 14,000 accounts. Majority of the customers of EBBs belong to the D & E socio-economic class.

China Bank continues to provide assistance for various programs of several charities, foundations, and associations that represent sectors and communities close to our hearts. Through its business centers and branches nationwide, the Bank actively participates in a number of local events such as cultural fairs, sports tournaments, and anniversary celebrations and conventions of different associations, organizations, and universities to uphold community values and traditions and foster camaraderie in the communities where the Bank operates.

We likewise support underprivileged communities by sourcing from them some of our supplies and giveaways. In December 2016, China Bank purchased its client and media gift items from Namana Crafts, a social enterprise based in Quezon City that collaborates with differently-skilled as well as impoverished but talented artisans from all over the country.

With our intent to offer financial access to people from different walks and stages of life, China Bank has installed a low-hung ATM outside of its main branch in Makati that can be PWD- and wheelchair user-friendly; as well as placed rocking chairs inside the branch for use of the elderly clients in partnership with the S.I.L.Y.A. Foundation (China Bank is the first bank to tie-up with the organization). China Bank has partnered with Artistshop’s S.I.L.Y.A. project, a grassroots initiative to promote the welfare of senior citizens in public spaces. The brainchild of philanthropist Tito Lorete Alcala, the S.I.L.Y.A project provides locally-crafted rocking chairs for the senior citizens who need the rest while in dense public areas, most notably in large mall chains. China Bank is the first banking institution to become a part of the project, with the two customized red rocking chairs located in its main branch in Paseo de Roxas, Makati.

The Bank is also committed to help in times of great need, conducting donation drives to help the victims of the three major disasters in 2013: Typhoon Maring, Bohol Earthquake, and Typhoon Yolanda. The Bank also had a separate internal donation drive and provided a calamity assistance package to affected employees which include cash assistance, calamity loan at a reduced interest and flexible payment terms, and special leaves that are not chargeable against vacation leave credits. Demonstrating the company spirit, the Bank’s employees volunteered to help in various relief efforts by way of cash and in-kind donations and helping repack and distribute relief goods.

We integrated environmental, social, governance- corporate social responsibility by motivating our employees to extend personal goals beyond the workplace and share a part of themselves with the needy through community-nurturing programs. Our continuous fundraising activities include the collection and selling of recyclable materials such as plastic bottles, shredded paper, and used carton boxes; and voluntary personal contribution through salary deduction.

In November 2016, HRD conducted a rummage sale in the head office dubbed “Tindang Bigay Tulong,” the proceeds of which went to the sponsorship of food of the children that the group visited at the Manila Day Care Centers of Barangay 272, 274, 276, and 285 in Binondo as part of a bigger activity called “Caring is Sharing.” Held in December 2016, “Caring is Sharing” was the initiative of HRD-Recruitment and Placement Department which benefited around 300 daycare center students in Binondo.

We have employee welfare programs in place as carried out by our HRD, such as seminars to develop other skills sets or livelihood training. In September 2016, HRD conducted a series of free livelihood workshops called “Go EntrePinoy” where a professional cook taught a tocino- and longganisa-making class to the Bank’s drivers, messengers, janitorial, maintenance and catering staff, and even their relatives.

The Bank also regularly conducts fire and earthquake safety drills among its employees to make sure that they are equipped with the knowledge on how to keep safe in the event that a disaster strikes.

In 2016, HRD introduced a series of non-work-related workshops whose aim is to provide a venue for employees to de-stress. Aptly called “Work-life Balance Seminars,” these half-day activities are usually done on Saturdays and introduce China Bankers to a wide range of hobbies and interests such as dancing, soap-making, calligraphy, and even self-defense. Professionals in their respective fields are invited to be the resource people for each workshop, ensuring that employees learn new skills and pastimes only from the best.

As a testament to our commitment to prioritize the health and wellbeing of our own employees, we received compliance certifications from government bodies such as the Department of Labor and Employment and Occupational Health and Safety Standards.