February 15, 2008   CHINA BANKING: Discloses Three Executive Appointments China Banking Corporation discloses with the Philippine Stock Exchange the promotions of four officers: (a) Rhodora Z. Canto, from First Vice President to Senior Vice     President, Credit Management Group, effective March 1; (b) Alberto Emilio V. Ramos, from Vice President to First Vice     President, Private Banking Group, effective March 1; and (c) Elizer P. Rivera, from officer-in-charge of Audit Division,     to Senior Assistant Vice President effective Feb. 16. Shew Kuo Y. Lee will replace Mr. Rivera's OIC-Audit post. China Banking Corporation -- http://www.chinabank.com.ph/-- is the first privately-owned local commercial bank in the Philippines, with products and services including deposits and related services, international banking services, insurance products, loans and credit facilities, trust and investment services, insurance products, and other services such as acceptance of various bill payments and donations to charitable institutions. China Bank has 140 branches and 166 Automated Teller Machines nationwide. The bank's long-term issuer default carries Fitch's BB rating.
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