News

Chinabank secures top honor from Global Banking & Finance Review

Posted by SM Supermalls on June 11, 2026

Share



Chinabank recently won the Global Banking & Finance Review's Excellence in Innovation in the Philippines 2026 award for its Easy Tax Filing and Payment Solution. The recognition reinforces the bank’s broader digital strategy, showcasing its commitment to delivering solutions that address real operational pain points and improve the end-to-end financial workflows of its corporate clients.

“Our focus has always been to provide solutions that empower businesses to redirect their resources toward core growth and project execution,” Chinabank Cash Management Services & Operations Group Head Domingo Dayro Jr. said. “Integrating this automated tax engine directly into our corporate clients' workflows protects them from costly filing delays, streamlines cross-party reconciliation, and unlocks significant daily capital efficiency.”

Easy Tax Filing and Payment Solution is the first and only automated tax filing and payment facility of its kind in the Philippines. Tailored specifically for real estate developers, it digitizes and simplifies complex, property-related tax filings directly with the Bureau of Internal Revenue, eliminating manual paperwork and significantly cutting down processing times. By automating standard tax compliance pathways, the platform addresses long-standing operational bottlenecks faced by the country's property development sector.

Chinabank joins an elite global roster of 173 financial institutions distinguished this year by the UK-based Global Banking & Finance Review, of which only eight are Philippine companies. A leading publication tracking international financial trends and technology, its annual awards operate under a strict, merit-based evaluation framework led by an editorial research team. Nominations are evaluated against stringent performance indicators, innovation, corporate governance, and sector leadership, utilizing a mix of industry benchmarks, public filings, and internal assessments to independently validate operational excellence.

This latest achievement adds to a growing list of accolades for Chinabank’s Easy Tax Filing and Payment Solution, which previously earned the Best Digital Business Banking Initiative at the Asian Banking & Finance Awards and the Best RegTech Project title at London's PAY360 Awards.

Explore Malls

SM City La Union
SM City La Union

SM City Naga
SM City Naga

SM City East Ortigas
SM City East Ortigas

SM City Clark
SM City Clark

SM City Baguio
SM City Baguio

Check Out These Shops