China Bank PhP9.58-B LTNCD Listing Ceremony
Makati—(PHStocks)—China Banking Corp. (China Bank, PSE: CHIB), listed PhP9.588 billion representing the first tranche of its PhP20 billion long-term negotiable certificates of time deposits (LTNCD), marking the return of China Bank to the peso debt market after its LTNCD transaction in 2008.
China Bank Chairman of the Board Hans Sy (fourth from left), China Bank President and CEO Ricardo Chua (fourth from right), were at the listing ceremony held on November 18, 2016 at the Philippine Dealing System. With them at the event were (L-R) Philippine Dealing & Exchange Corp. President and COO Antonino Nakpil, China Bank Capital President Romeo Uyan, Standard Chartered Bank Philippines CEO Lynette Ortiz, Philippine Dealing & Exchange Corp. Chairman and CEO Cesar Crisol, Australia and New Zealand Banking Group Ltd Country Head Peter Chan, and The Hong Kong and Shanghai Banking Corp. Ltd Treasurer and Global Markets Head Roberto Baltazar.
