Manulife China Bank Life Assurance Corporation (MCBL) is a strategic alliance between Manulife Philippines and China Banking Corporation (China Bank). It provides a wide range of innovative insurance products and services to customers of China Bank as well as the bank’s thrift arm, China Bank Savings (CBS). MCBL aims to ensure that every client receives holistic life, health, and wealth solutions to address his or her individual needs.
The Manufacturers Life Insurance Company opened its doors for business in the Philippines in 1907. Since then, Manulife's Philippine Branch and later The Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has grown to become one of the country's leading life insurance companies. Manulife Philippines is a wholly-owned domestic subsidiary of Manulife Financial Corporation, among the world's largest life insurance companies by market capitalization.
Founded in 1920, China Banking Corporation (Chinabank) is a leading private universal bank in the Philippines with a strong presence in the entrepreneur, middle market, and corporate segments. The Bank offers a full range of financial products and services, also serving the retail banking, investment banking, and insurance needs of diverse customers through its subsidiaries China Bank Savings, Chinabank Capital, Chinabank Securities, Resurgent Capital, CBC Assets One, Chinabank Insurance Brokers, and affiliate MCBL.
For over 100 years, Chinabank has focused on making a difference in the lives of the customers, communities, and other stakeholders it serves. Leveraging its network, expertise, and resources—vast distribution network, robust technological infrastructure, team of highly qualified banking professionals, strong balance sheet—Chinabank builds long-term relationships with today’s generation and evolves with the times to remain a responsive, reliable, and responsible banking partner for the next generation.
Chinabank is listed on the Philippine Stock Exchange under the ticker symbol “CHIB” and a member of the SM Group, one of the largest conglomerates in the Philippines.
We strive to be the best bancassurance business in the Philippines, delivering value to Manulife China Bank and its customers, which is differentiated through extraordinary customer experience, ease of doing business, and systematic engagement of all channels and segments with relevant solutions.
Our values are the guiding principles that will help us achieve our bold mission. They define who we are and how we work together: we are a digital, customer-centric market leader that's leading the change customer demand.
Obsess about customers - We predict our customers’ needs and do everything in our power to satisfy them.
Do the right thing - We act with integrity and do what we say.
Think big - Anything is possible. We can always find a better way.
Get it done together - We're surrounded by an amazing team. We can do it better by working together.
Own it - We feel empowered to make decisions and take action to deliver our mission.
Share your humanity - We build a supportive, diverse, optimistic and thriving workplace.