China CITIC Bank
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China Citic Bank, Shenzhen |
China CITIC Bank Corporation Ltd (CNCB) is a Chinese government owned bank headquartered in Beijing. It was established in 1987 and operates as a subsidiary of CITIC Group Corporation Ltd (formerly the China International Trust and Investment Corporation). China CITIC is one of the ten largest commercial banks in China. It operates in three segments: personal banking, corporate banking and treasury operations. Personal banking segment offers consumer loans, deposits, credit card products, phone and online banking and other services. Corporate banking segment includes business oriented services like industry financing, investment banking and corporate financing. CNCB was listed on Shanghai and Hong Kong Stock Exchanges in 2007 and the company’s market capitalization reached US$40 billion as of April 2017. With more than 56,000 employees, China CITIC Bank operates through over 1,400 branch outlets in over 120 large and medium-sized cities across the country. It also has branches in Hong Kong, Macao, New York, Los Angeles and Singapore through its subsidiary CITIC Bank International as well as representative offices in London and Sydney. As of December 31, 2016, the company’s total assets and total equity amounted to CNY 5.9 trillion and CNY 379 billion, respectively.
Subsidiaries:
CITIC Rural Bank Limited
CITIC Financial Leasing Co., Ltd.
CNCB (Hong Kong) Investment Co., Ltd.
CITIC International Financial Holdings Corporation Ltd.
CITIC Bank International Limited
Head office address:
Block C, Fuhua Mansion
No.98 Chaoyangmen Beidajie
Dongcheng District
Beijing, 100010
Phone: +86-10-6555 8000
Website: www.citicbank.com
London Representative Office:
Second Floor, 34 Threadneedle Str
London, EC2R 8AY
United Kingdom
CITIC USA Holding Inc
410 Park Avenue, 18/F
New York, NY 10022
United States