China Bank, the country’s first privately-owned bank, continues to expand its branch network around the country in 2009. The Bank opened 32 branches – 27 for the main bank and five for China Bank Savings – since the start of the year, including the branches which opened last December 28, Baguio City-Albano Branch, and today, December 29, Malabon-Gov. Pascual Branch, bringing the Bank’s branch nationwide network to 247-strong.
This branch network is complemented by 380 ATMs (including China Bank Savings’ 7 ATMs) located inside branches and in strategic, high traffic off-site locations.
China Bank’s second branch in Baguio City, Baguio City-Albano Branch, is headed by Edward U. Catipon and is located at the ground floor of Paladin Hotel, No. 136 Abanao Ext. corner Cariño St., Baguio City. On the other hand, Malabon-Gov. Pascual Branch, China Bank’s third branch in Malabon City, is located along Gov. Pascual Avenue and concurrently headed by Danilo T. Sarita.
As new branches were opened, existing branches were renovated or relocated to new and better sites. In 2009, four China Bank branches were moved to bigger and better locations, and another two were renovated to match the Bank’s signature branch design.
For 2010, the bank is targeting to open at least 30 more branches, getting even closer to its goal of expanding its branch network to 300 in the next two years.
To date, China Bank has 143 Metro Manila branches and 98 provincial branches while China Bank Savings has five branches in Metro Manila and one in Cebu.
China Bank also offers electronic banking to provide convenient access anytime, anywhere: TellerPhone (phone banking) and China Bank Online (Internet and mobile banking).