Published February 4, 2021, 5:00 AM
China Banking Corporation (China Bank) was again one of the top winners in the Philippines at the ASEAN Corporate Governance Scorecard (ACGS) Awards of the ASEAN Capital Markets Forum (ACMF) for the 2019 assessment year.
The ACGS Awards is organized by the Securities and Exchange Commission (SEC) and the Institute of Corporate Directors (ICD).
China Bank was conferred the Top 3 Philippine Publicly Listed Company (PLC) Award, the Top 20 ASEAN PLC Award, and the ASEAN Asset Class Award.
“We often say that good corporate governance is in China Bank’s DNA. The principle of doing what’s right and doing right by our stakeholders is an intrinsic part of the Bank’s corporate culture that it guides all our strategies, decisions, and actions,” said China Bank Chairman Hans T. Sy.