Tuesday, January 10, 2012

Chinabank's investment products

Chinabank offers several investment products to its clients, aside from the usual deposit and loans. For peso-denominated investments, they have treasury bills, retail treasury bonds, fixed-rate treasury notes and prime corporate (peso) bonds. For dollar investments, they offer Republic of the Philippines (ROP) dollar bonds, Banko Sentral ng Pilipinas (BSP) dollar bonds and prime corporate (dollar) bonds. For euros, they have ROP euro bonds.

These bonds are, to put it simply, a promise to pay the bond holder the full amount after a certain period of time and also paying an agreed interest for allowing them to borrow your money. This interest is usually paid quarterly and subject to 20% witholding tax. Also note that these products are not insured with PDIC. Like all debt, its security its relative to the financial stability of the borrower, so if you think the government will honor its promise to pay, then its pretty safe. These investments are also liquid and you can sell them to the bank even before they mature. Chinabank has been around for decades and is one of the country's largest banks.

Minimum investment is quite high, at 200,000 pesos and you do need an account with them to be able to invest in such products. Please go to Chinabank's website at www.chinabank.ph to learn more. Moreover, go to a branch and ask questions before investing. I am not an employee of the bank and I'm simply sharing another investment vehicle for you to grow your money. Happy investing!


  1. I like China Bank. They usually offer the highest interest in time deposits and savings accounts



  2. The world wide banking system is controlled by a small number are large banking companies out of london and new york its time to give developing countries a break from these overpowering institutions. Developing countries should be able to develop their own banking systems without the corrupting influence of a few large multi national banking institutions.