Chinabank Chairman Hans T. Sy and President & CEO Romeo D. Uyan Jr. led the bell ringing ceremony at the Philippine Stock Exchange (PSE) on June 19, 2024 to mark the start of trading under Chinabank’s new stock symbol “CBC”, with Chinabank and PSE directors and key executives.
“Chinabank has always regarded its long and rich history with reverence and pride,” PSE Chairman Jose T. Pardo said, noting how the bank has weathered all the natural and man-made turmoil over the last century. “The bank recognizes that it operates in a totally different economic and financial landscape that warrants a change.”
Part of the brand refresh program to modernize the Chinabank brand and image, the change in stock symbol from “CHIB” to “CBC” aims to strengthen the brand recognition of the bank and create a more cohesive and unified representation in the stock market.
“As we ring the trading bell to celebrate the change in our stock symbol, we are not just making a superficial modification. We are embracing a new era, one that aligns our ticker with our evolving brand identity. This change represents our commitment to adapt to the changing dynamics of the financial industry and to better communicate our brand strength to investors and customers,” Uyan said.
Among the first companies to be listed on the Manila Stock Exchange in September 1927 as “CHIB”, Chinabank has gone through tremendous growth through the years, becoming among the top four private universal banks in the country. It has been a member of the PSE MidCap Index since February 2023 and a constituent in the PSE Dividend Yield Index since February 2024.
