Chinabank, SSS partner for MySSS Card powered by Chinabank Debit Visa for convenient disbursements

In a new partnership set to benefit millions, Chinabank and the Social Security System will be launching the MySSS Card powered by Chinabank Debit Visa. This new debit card is designed to provide SSS members with a more secure and convenient way to receive their benefits and loans. It also serves as an official Social Security System card, taking the place of the traditional Unified Multi-Purpose Identification card.

1 - CBC President & CEO Romeo Uyan Jr. and SSS President & CEO Robert Joseph M. De Claro holding mock-up MySSS cards. Flanking them are CBC Consumer Banking Segment Head Aloysius Alday Jr. and SSS Corporate Services Sector & IT Management Group EVP Elvira Alcantara-Resare.

Chinabank and Social Security System officials formalized the agreement on October 7 at the bank's head office in Makati City. At the signing were CBC President & Chief Executive Officer Romeo Uyan Jr., Consumer Banking Segment Head Aloysius Alday Jr., and Cash Management Services & Operations Group Head Domingo Dayro Jr., with SSS President & CEO Robert Joseph M. De Claro, Corporate Services Sector & IT Management Group EVP Elvira Alcantara-Resare, and Benefits Administration Division VP Joy Villacorta. 

"We at Chinabank are very proud to be part of the SSS Paycard Program as it represents a significant step towards true financial inclusion," Uyan said. "By leveraging the power of our combined institutions, we have created a product that seamlessly merges trusted government service with convenient and secure financial access. The result is an innovative tool that will empower millions of SSS members." 

The MySSS Card powered by Chinabank Debit Visa comes with no maintaining balance and the first card will be free, making it an accessible option for all SSS members. It can be opened at any Chinabank branch for secure and convenient crediting of SSS sickness, maternity, unemployment, and retirement benefits, as well as proceeds of salary, calamity, and pension loans.

Being a Debit Visa card, it can be used at any ATM and VISA-partner establishment and online store in the Philippines and abroad. It can also be enrolled in My CBC for digital banking convenience. The MySSS Card powered by Chinabank Debit Visa is part of the digital transformation of government services.

"Chinabank is among the first banks who partnered with us in bringing MySSS card to full implementation. Through the MySSS card, members and beneficiaries will experience greater convenience. We are truly looking forward to the success of this endeavor for both institutions," De Claro said.

More details about the MySSS Card powered by Chinabank Debit Visa will be announced soon.

About Chinabank

China Banking Corporation (Chinabank; PSE: CBC), founded in 1920, is the fourth largest private universal bank in the Philippines and a member of the SM Group, one of the country’s biggest conglomerates. Driven by its brand promise, “Focused on You,” Chinabank supports individuals, small- and middle-market businesses, and large corporations, with its consolidated network of 650 branches, 1,109 ATMs, and 24/7 digital banking channels: My CBC App and My CBC Online. The bank also offers a wide range of allied financial services through its subsidiaries China Bank Savings, Chinabank Capital, Chinabank Securities, Chinabank Insurance Brokers, and affiliate Manulife Chinabank Life Assurance.

For over a century, Chinabank has built a deep connection with its customers and the communities it serves, leveraging the dedication and diversity of its empowered people and the strength of its enduring partnerships to help uplift the lives of Filipinos.

For more information, visit www.chinabank.ph or follow ChinabankPH on Facebook, Instagram, TikTok, and LinkedIn. (SM Supermalls)

SM Prime Named Among Hubexo Asia Top 10 Developers for 11th Consecutive Year

SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s leading integrated property developers, has once again been recognized as one of the Hubexo Asia Top 10 Developers for 2025, marking its 11th consecutive year of inclusion since 2015.

(From left to right) Carla Cruz, Brand Marketing Head at Concepcion Carrier; Alphonso Rodriguez, Director for Business Development at Concepcion Carrier; Noel Torres, Senior Vice President of SM Prime; Alexis Ortiga, Vice President and Head of SM Offices at SM Prime; John Nai Peng Ong, Chief Finance Officer at SM Prime; Shannan Golding, Head of Events at Hubexo-Asia Pacific and Paolo Rellama, Data Partner Manager at Hubexo-Asia Pacific during the awarding ceremony on September 26, 2025 at Shangri-La The Fort, Manila.

This distinction reaffirms SM Prime’s continued leadership and contribution to the growth and development of Asia’s real estate and built environment.

“Receiving this honor for 11 consecutive years affirms our continued commitment to excellence. It reflects the dedication and teamwork across all our business units that make every SM development a place where people can connect, celebrate and discover,” said Jeffrey C. Lim, President of SM Prime Holdings, Inc.

The Hubexo Asia Top 10 Developers Award honors outstanding property developers for their significant impact on the urban landscape across Hong Kong SAR, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

Now in its 20th year, the award continues to uphold its legacy of acknowledging excellence in architecture, design, and sustainable urban development.

SM Prime continues to transform spaces into integrated, sustainable communities that support inclusive growth and enhance quality of life. Through its diversified portfolio, which spans malls, residences, offices, hotels and leisure properties, the company remains focused on creating long-term value for its stakeholders and contributing to the progress of the regions it serves.

As the Hubexo Asia Awards celebrates its 20th anniversary, this recognition underscores SM Prime’s enduring role in shaping the region’s-built environment and promoting responsible urbanization that supports economic and social progress. (SM PRIME)