C07845-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Nov 7, 2023
2. SEC Identification Number
443
3. BIR Tax Identification No.
000-444-210-000
4. Exact name of issuer as specified in its charter
CHINA BANKING CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
China Bank Building, 8745 Paseo de Roxas corner Villar Street, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(632) 8885-5555
9. Former name or former address, if changed since last report
NA
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON 2,691,340,312
11. Indicate the item numbers reported herein
Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

China Banking CorporationCHIB

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

PRESS RELEASE: Chinabank’s 9-month net income reaches P16.2B

Background/Description of the Disclosure

In compliance with your requirements, please be informed that the Board of Directors of China Banking Corporation (Chinabank), during its special meeting held yesterday, 06 November 2023, approved the unaudited financial statements of the Bank for the quarter ended September 30, 2023.

Chinabank posted a 10% year-on-year increase in net income to P16.2 billion, which translated to a return on equity (ROE) and return on assets (ROA) of 15.6% and 1.6%, respectively. Chinabank closed the quarter with P1.4 trillion in assets, up 11% year-on-year, supported by a 14% expansion in deposits to P1.1 trillion. Total equity increased 7% to P141 billion, with a common equity tier 1 (CET1) ratio of 14.9% and total capital adequacy ratio (CAR) of 15.8%, well above the regulatory minimum requirement. Book value per share grew 7% to P52.50.

Chinabank will be releasing to the press the attached statement entitled: “Chinabank’s 9-month net income reaches P16.2B”.

Other Relevant Information

See attached file

Filed on behalf by:
Name AEROL PAUL BANAL
Designation VP