China Banking Corp 2020 IR
The report highlights China Bank's financial and sustainability performance for the fiscal year 2020, marking its centennial milestone. Despite the challenges of the COVID-19 pandemic, the company achieved a record net income of PHP 12.1 billion, representing a 20% increase from 2019, and breached the PHP 1 trillion mark in total assets. The bank successfully implemented its Business Continuity Plan to ensure uninterrupted services, accelerated its digital transformation with a 201% increase in mobile app transactions, and supported over 173,000 customers with loan payment extensions under the Bayanihan Act. Additionally, China Bank completed the restoration of its original 1924 Binondo headquarters as a centerpiece of its centennial celebration.
Company: China Banking Corp
Sector: Financials
Country: Philippines
Year: 2020
Type: IR
Pages: 284
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China Banking Corp
Annual Financial And Sustainability Report
The report highlights China Bank's financial and sustainability performance for the fiscal year 2020, marking its centennial milestone. Despite the challenges of the COVID-19 pandemic, the company achieved a record net income of PHP 12.1 billion, representing a 20% increase from 2019, and breached the PHP 1 trillion mark in total assets. The bank successfully implemented its Business Continuity Plan to ensure uninterrupted services, accelerated its digital transformation with a 201% increase in mobile app transactions, and supported over 173,000 customers with loan payment extensions under the Bayanihan Act. Additionally, China Bank completed the restoration of its original 1924 Binondo headquarters as a centerpiece of its centennial celebration.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees