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China Bank to open more branches this year

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China Banking Corp. (China Bank) is set to open more branches this year amid rationalization and digital push.

Following the listing ceremony of its long-term negotiable certificates of deposits (LTNCD) in Makati, the Sy-led lender said China Bank will open eight more branches until December.

“We will open 12 branches this year. So far, we have opened four,” China Bank First Vice-President for Retail Banking Jose L. Osmeña, Jr. said Thursday. — Karl Angelo N. Vidal

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