China Banking Corporation
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China Banking Corporation
China Banking Corporation (; ), commonly known as China Bank, is a Filipino bank established in 1920. It was the first privately owned local commercial bank in the Philippines initially catering to the banking needs of Chinese Filipino businesspeople. It offers various banking services and products related to deposit, investment, trust, cash management, remittance, and financing products and services. It also offers insurance brokerage and bancassurance services through its subsidiary and affiliates. China Bank was included in the list of one of the "top 100 ASEAN companies in terms of delivering shareholder value" by the American consulting firm Stern Stewart and Company in 2009. It was also awarded the Best Wealth Management House in the Philippines by ''The Asset Magazine'' (HK) in 2011. At the 2012 Bell Awards of the Philippine Stock Exchange, China Bank was named as one of the best-governed companies in the Philippines. It was the only bank among the top five awardees in the ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Philippine Hokkien
Philippine Hokkien is a dialect of the Hokkien language of the Southern Min branch, primarily spoken vernacularly by Chinese Filipinos in the Philippines, where it serves as the local Chinese ''lingua franca'', primarily spoken as an oral language, within the overseas Chinese community in the Philippines and acts as the heritage language of a majority of Chinese Filipinos. The use of Hokkien in the Philippines is influenced by Philippine Spanish, Filipino ( Tagalog) and Philippine English. Terminology The term ''Philippine Hokkien'' is used when differentiating the variety of Hokkien spoken in the Philippines from those spoken in China, Taiwan, Malaysia, Singapore, Indonesia, and other Southeast Asian countries. Historically, it was also known in Philippine English, Filipino ( Tagalog), and other Philippine languages as ''Fookien'' or ''Fukien'' across the country, derived from the Chinese postal romanization of the Nanjing court dialect Mandarin reading of Fujian province ...
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Banks Of The Philippines
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people. For example, Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have a lar ...
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Planters Development Bank
Planters Development Bank, more commonly known as Plantersbank, was a major private development bank in the Philippines which mainly catered to small and medium enterprises (SMEs). At its peak, it was the largest private development bank in the country. It was a China Banking Corporation subsidiary from 2014 until it was merged to its parent company's savings bank in 2016. History Businessman Jesus Tambunting is credited to have founded Planters Development Bank. The bank traces its roots to two banking institutions in Bulacan; the Bulacan Development Bank (BDB) which was founded in 1961 in San Miguel and the Bulacan Savings and Loan Association (BSLA) of Malolos.At least one these banks in Bulacan catered to entrepreneurs from the countryside who runs small and medium enterprises (SMEs). The Tambunting Group acquired the BSLA in July 1971 took over the BDB in December 1972. The two banks merged in December 1975 with the BDB the surviving entity. The BDB was renamed the Planters ...
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Manulife China Bank Life Assurance Corporation
Manulife China Bank Life Assurance Corporation (MCBLife) is a joint venture company set up between the China Banking Corporation (China Bank) and Manulife Philippines, a wholly owned subsidiary of the Canadian company Manulife Financial, one of the leading life insurance companies in the world. Incorporated on 23 March 2007, MCBLife provides insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ... and financial products through the many China Bank outlets in the Philippines. External linksManulife China Bank Life Assurance Corporation Official website of MCBL information from Manulife FinancialBloomberg Businessweek report Financial services companies established in 2007 Insurance companies of the Philippines Financial services companies of the Philippines Companies based in ...
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Apalit San Simon Pampanga MacArthur Highway 22
Apalit, officially the Municipality of Apalit ( pam, Balen ning Apalit; tl, Bayan ng Apalit), is a 1st class municipality in the province of Pampanga, Philippines. According to the 2020 census, it has a population of 117,160 people. The town is famous for its Apung Iru Fluvial Procession, which is listed as one of the most significant water-based intangible cultural heritage of the Philippines. The festival happens every June 28–30. Geography Apalit is from Manila, from the provincial capital, San Fernando, and from Angeles. Apalit is surrounded by Macabebe, Masantol, Minalin and San Simon in Pampanga, and Calumpit, Pulilan, and Baliuag in Bulacan. Barangays Apalit is politically subdivided into 12 barangays: * Balucuc (Nuestra Señora de la Divina Pastora) * Calantipe (Santo Niño) * Cansinala (Nuestra Señora del Rosario) * Capalangan (Holy Cross) * Colgante (Holy Family) * Paligui (Chair of St. Peter / Apung Iru) * Sampaloc (San Roque) * San Juan (San Juan Nepomuceno) ...
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BancNet
BancNet (also spelled Bancnet) is a Philippine-based interbank network connecting the Automated teller machine, ATM networks of local and offshore banks, and the country's single interbank network in the Philippines in terms of the number of member banks and annual transactions. Due to its status as the country's single ATM switch operator, it is designated by the Bangko Sentral ng Pilipinas (BSP) as the country's national ATM network. BancNet is also the exclusive gateway of China's UnionPay, allowing access to the nearly 1 billion ATM cardholders from China. BancNet is allied with global payment brand JCB Co., Ltd., JCB International. Through this alliance, JCB cardholders can make cash advances at participating BancNet member ATMs nationwide. Bancnet interconnects with international card networks Diners Club International, Diners Club, Discover Card, Discover, Korea Financial Telecommunications & Clearings Institute, KFTC, Mastercard, and Visa Inc., Visa. BancNet serves m ...
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Cebu
Cebu (; ceb, Sugbo), officially the Province of Cebu ( ceb, Lalawigan sa Sugbo; tl, Lalawigan ng Cebu; hil, Kapuroan sang Sugbo), is a province of the Philippines located in the Central Visayas region, and consists of a main island and 167 surrounding islands and islets. Its capital and largest city is Cebu City, nicknamed "the Queen City of the South", the oldest city and first capital of the Philippines, which is politically independent from the provincial government. The Cebu Metropolitan Area or Metro Cebu is the second largest metropolitan area in the Philippines (after Metro Manila) with Cebu City as the main center of commerce, trade, education and industry in the Visayas. Being one of the most developed provinces in the Philippines, in a decade it has transformed into a global hub for business processing services, tourism, shipping, furniture-making, and heavy industry. Mactan–Cebu International Airport, located on Mactan Island, is the second busiest airport in ...
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Philippine Stock Exchange
The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has been in operation since 1927. On a whole, the Philippine Stock Exchange has 275 listed companies. The main index for PSE is the PSE Composite Index (PSEi) composed of thirty (30) listed companies. The selection of companies in the PSEi is based on a specific set of criteria. There are also six additional sector-based indices. The PSE is overseen by a 15-member Board of Directors, chaired by José T. Pardo. History On February 3, 1936, the Securities and Exchange Commission announced that it had "relinquished control of the Manila Stock Exchange." The Philippine Stock Exchange was formed on December 23, 1995, from the merger of the Manila Stock Exchange (MSE) (established on August 12, 1927, based ...
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Francis Bowes Sayre Sr
Francis may refer to: People *Pope Francis, the head of the Catholic Church and sovereign of the Vatican City State and Bishop of Rome * Francis (given name), including a list of people and fictional characters *Francis (surname) Places * Rural Municipality of Francis No. 127, Saskatchewan, Canada * Francis, Saskatchewan, Canada **Francis (electoral district) * Francis, Nebraska *Francis Township, Holt County, Nebraska * Francis, Oklahoma * Francis, Utah Other uses * ''Francis'' (film), the first of a series of comedies featuring Francis the Talking Mule, voiced by Chill Wills *''Francis'', a 1983 play by Julian Mitchell * FRANCIS, a bibliographic database * ''Francis'' (1793), a colonial schooner in Australia * Francis turbine, a type of water turbine * Francis (band), a Sweden-based folk band * Francis, a character played by YouTuber Boogie2988 See also * Saint Francis (other) * Francies, a surname, including a list of people with the name * Francisco (disambiguatio ...
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High Commissioner To The Philippines
The high commissioner to the Philippines was the personal representative of the president of the United States to the Commonwealth of the Philippines during the period 1935–1946. The office was created by the Tydings–McDuffie Act of 1934, which provided for a period of transition from direct American rule to the complete independence of the islands on July 4, 1946. It replaced the office of governor-general of the Philippines, who had direct executive authority. Under the commonwealth, executive power was held by an elected Filipino president. The executive power of the high commissioner was largely ceremonial, and its office is similar to that of an ambassador. The office of high commissioner was held by: *Frank Murphy, November 15, 1935 – December 31, 1936 * Weldon Jones, December 31, 1936 – April 26, 1937 *Paul V. McNutt, April 26, 1937 – July 12, 1939 * Weldon Jones, July 12, 1939 – October 28, 1939 *Francis Bowes Sayre Sr., October 28, 1939 – October 1 ...
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