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CBC Chinabank Credit Cards

SuperOnyxSuperOnyx Member ✭✭✭
This thread is reserved for the upcoming ChinaBank Credit Card which is expected to be offered this 2013.
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  • SuperOnyxSuperOnyx Member ✭✭✭
    China Bank to start offering credit cards in 2013
    ABS-CBNnews.com
    Posted at 08/29/2012 12:13 PM


    MANILA, Philippines - China Banking Corp. will start issuing credit cards next year, as it tries to build its consumer business.

    The bank, which celebrated its 65th listing anniversary today, is also building up its investment banking business by helping companies sell shares and bonds and do mergers and acquisitions.

    "Going forward, we will finally be able to launch our credit card busienss by 2013. We are the last major bank not to have a credit card business. We will strengthen our consumer portfolio," Alexander Escucha, China Bank FVP-head of investor relations and corporate planning, told ANC.

    Escucha said the bank is also starting to make inroads in investment banking.

    "We were a co-lead underwriter in the SMIC bonds and the recent San Miguel preferred share offering. We expect to be a lot more active in that part of business second half of year," he said.

    China Bank earlier reported a lower profit in the first half as interest rates declined, reducing earnings from treasury bills and bonds. It also incurred expansion costs.

    China Bank, led by the family of Henry Sy Sr., is boosting its branches from 300 to 400 in 2 years. - ANC
  • marlowe1701marlowe1701 Member PExer
    SuperOnyx wrote: »
    China Bank to start offering credit cards in 2013
    ABS-CBNnews.com
    Posted at 08/29/2012 12:13 PM


    MANILA, Philippines - China Banking Corp. will start issuing credit cards next year, as it tries to build its consumer business.

    The bank, which celebrated its 65th listing anniversary today, is also building up its investment banking business by helping companies sell shares and bonds and do mergers and acquisitions.

    "Going forward, we will finally be able to launch our credit card busienss by 2013. We are the last major bank not to have a credit card business. We will strengthen our consumer portfolio," Alexander Escucha, China Bank FVP-head of investor relations and corporate planning, told ANC.

    Escucha said the bank is also starting to make inroads in investment banking.

    "We were a co-lead underwriter in the SMIC bonds and the recent San Miguel preferred share offering. We expect to be a lot more active in that part of business second half of year," he said.

    China Bank earlier reported a lower profit in the first half as interest rates declined, reducing earnings from treasury bills and bonds. It also incurred expansion costs.

    China Bank, led by the family of Henry Sy Sr., is boosting its branches from 300 to 400 in 2 years. - ANC

    haist parami nang parami ang credit card issuers.....
  • schizophresiacschizophresiac Biogerontologist ✭✭
    Antagal naman nilang ilabas o i-launch. Hahaha! May news ba kayo kung VISA/Mastercard/JCB/Unionpay ang gagamitin nila? Or kung sa BDO din lang?
  • auricularisauricularis Member ✭✭
    Antagal naman nilang ilabas o i-launch. Hahaha! May news ba kayo kung VISA/Mastercard/JCB/Unionpay ang gagamitin nila? Or kung sa BDO din lang?


    China Bank, MasterCard celebrate credit card partnership

    MasterCard Classic and Platinum to be launched next year.
  • adrianjilladrianjill Member PExer
    Well, it is really great news for all members and helping, keep going with your hard work.


    Credit union marketing ideas
  • meron na bang update ito?
  • schizophresiacschizophresiac Biogerontologist ✭✭
    @windjammer: sa pagkakaalam ko, 2nd quarter of 2014 ang paglabas ng Chinabank ng kanilang cards.
  • finance123finance123 Member ✭✭
    Another BDO-like credit cards?? Hmmm..
  • schizophresiacschizophresiac Biogerontologist ✭✭
    finance123 wrote: »
    Another BDO-like credit cards?? Hmmm..

    Bakit mo nasabing BDO-like? Dati there was a talk of merger daw ng BDO and Chinabank but it never happened as the two banks are different with their clientel. Moreover, and management ng Chinabank is under the Dee Family pa rin at hinahayaan ng Sy Family na sila ang mamahala. BDO, Sy Family talaga ang namamahala, although ang Chairman ng Chinabank ay si Hans Sy.

    According to my source, medyo conservative daw kasi ang Chinabank, kaya nga ngayon lang daw sila magkakaroon ng Credit Card Business. Definitely not co-branded as the partnership with MasterCard is directly done by the two Dee Brothers.

    Hehehe... parang Chinabank Employee ako no?
  • Le_DauphinLe_Dauphin Member PExer
    wala pang update? Hehe
  • schizophresiacschizophresiac Biogerontologist ✭✭
    Le_Dauphin wrote: »
    wala pang update? Hehe

    2nd Quarter pa ng 2014... Depository bank ko kasi ito, I hope magka-pre-approved or endorsed account ako na Platinum dito and as founder member na free for life. hahaha!
  • Le_DauphinLe_Dauphin Member PExer
    2nd Quarter pa ng 2014... Depository bank ko kasi ito, I hope magka-pre-approved or endorsed account ako na Platinum dito and as founder member na free for life. hahaha!

    Good luck! Dumadami na branch nila.
  • May credit card po ba ang chinabank?? parang wala?
  • KuyaDannyKuyaDanny Moderator PEx Moderator
    Chinabank does not (yet) issue credit cards.
  • Yes, tama.. I've heard sa usap usapan ng mga boss ko dito na, Chinabank will SOON launch their own crdit card! maybe in the last quarter of the year or early 2015.
    KuyaDanny wrote: »
    Chinabank does not (yet) issue credit cards.
  • siguro time to open an account with Chinabank. "MAYBE" they will offer preapproved cards sa mga "valued clients" nila. haha!
  • schizophresiacschizophresiac Biogerontologist ✭✭
    Here's an update as I saw this one sa Wikipedia, although I can't say that this might seem to be correct baka magbago na naman. At first I read na two types of cards ang kanilang io-offer which are: Chinabank Classic MasterCard and Chinabank Platinum MasterCard. Pero lo and behold sa Wikipedia page nila tatlo daw ang io-offer. These are: Chinabank Prime MasterCard, Chinabank Platinum MasterCard, and Chinabank World MasterCard.

    From Wikipedia: To complete its range of product offerings, China Bank entered into a credit card partnership with MasterCard in 2013. China Bank is launching three credit card types under the MasterCard brand in the last quarter of 2014: China Bank Prime, China Bank Platinum, China Bank World MasterCard -- all equipped with two of the world’s most advanced security technology: EMV & 3D Secure.
  • KrissysKrissys TOE THE LINE PExer
    Until now, wala pa din?
  • schizophresiacschizophresiac Biogerontologist ✭✭
    Oo nga walang update kung kailan talaga ilalabas.
  • dan1208dan1208 Member PExer
    Magaapply ako kaagad para founding member ako hehe..
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