The Chinatrust Commercial Bank, more commonly known as CTBC, is one of China's largest privately owned banks. It's local arm, CTBC Philippines, provides several financial services - including investment portfolios and various loans.
Get a straightforward home loan with CTBC's MyHome Loan
High minimum and maximum loan amounts.
A multi-purpose home loan that can be used to finance the purchase of a built home, house and lot, or a condo unit, along with refinancing or business expansions.
Interest rate is dependent on prevailing rate at time of loan
More about CTBC Bank
Originally known as the China Securities and Investment Corporation on its creation in 1966, it changed names once more in 1977, before becoming the Chinatrust Commercial Bank in 1992. Its local subsidiary Chinatrust Philippines Commercial Bank Corp. was established in 1995. It distinguishes itself from other financial institutions with its focus on a niche-based strategy. It allowed them to focus on making innovative and efficient ways to serve clients better, solidifying its place as one of the most extensively operated foreign banks in the Philippines. It was publicly listed on the Philippine Stock Exchange in spite of the majority of its shares which were held by Chinatrust Taiwan. It was removed from the PSE in 2012 following the sale of a controlling interest of 91% to Chinatrust Taiwan. It has 23 branches making it one of the most extensive branch networks among foreign-owned banks in the country. As a universal bank, it provides services in both Personal and Business Banking, cash management services, lending, and investment banking. The Philippine subsidiary is headed by Steve Tsai, while its parent bank is headed by Michael Bernard DeNoma, the first foreigner to hold the title. CTBC has also recently garnered international acclaim from two well-respected London-based financial publications, the Global Banking and Finance Review (GBFR) and International Finance Magazine (IFM). The GBFR awarded CTBC Philippines with the "Best SME Bank Philippines" award for the second year in a row, and IFM recognized the bank as the "Best Foreign Retail Bank Philippines".
Applicants may be Salaried Individuals, Professionals or Self-Employed between the ages of 21 and 65 upon maturation of loan. They must be earning a minimum gross monthly family income of Php 50,000 and have an office and residence landline or mobile number. Salaried individuals must be permanent in status and have more than one year tenure with current company, and three years combined work experience. Professionals must have more than or equal to three years practice, and Self-employed individuals must have more than or equal to three years in business operations.