Chinabank’s profit soars to P22 billion in 2023, sees sustained core business strength as key

Buoyed by sustained core business strength and stable asset quality with a “better-than-industry” NPL ratio, China Banking Corporation (Chinabank, PSE symbol: CHIB) recently saw its profits soar to a record P22 billion in 2023. A Chinabank branch located in Makati City (IMAGE CREDIT: www.chinabank.ph) The bank’s net income also increased by 15% from 2022 and has […]