trending Market Intelligence /marketintelligence/en/news-insights/trending/GHUzV8qLgZAUeh_CKwsm2Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

China Banking posts 18% YOY rise in H1 profit

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


China Banking posts 18% YOY rise in H1 profit

The Philippines' China Banking Corp. posted an 18% year-over-year rise in first-half consolidated profit to 4.2 billion Philippine pesos.

The bank attributed the rise in first-half profit to the sustained build up of loans and deposits, as well as the greater contribution from fee-based businesses, according to an Aug. 8 earnings report.

Net interest income for the period rose 6% year over year to 11.7 billion pesos on the back of double-digit growth in loans and securities. Fee-based income rose 61% year over year to 3.4 billion pesos, mainly due to higher trading gains, as well as a rise in service fees and commissions.

The bank's nonperforming loan ratio as of June 30 was 1.2%.

As of June 30, the lender's total capital adequacy ratio stood at 13.8%, while its common equity Tier 1 and Tier 1 ratios both clocked in at 12.9%.

As of Aug. 8, US$1 was equivalent to 52.00 Philippine pesos.