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China CITIC Bank

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Summary:China CITIC Bank (601,998. SH, 0998.HK) was established in 1987, formerly known as CITIC Industrial Bank, was one of the first emerging in China's reform and opening up commercial banks, is China's first participation in financing commercial banks in financial markets at home and abroad, and China's modern financial ..
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China CITIC Bank (601,998. SH, 0998.HK) was established in 1987, formerly known as CITIC Industrial Bank, was one of the first emerging in China's reform and opening up commercial banks, is China's first participation in financing commercial banks in financial markets at home and abroad, and China's modern financial history to record more than the first renowned at home and abroad. With China's rapid economic development, CITIC Industrial Bank, the tide of reform of China's financial market is gradually growing, in August 2005, and was renamed "CITIC Bank." In December 2006, to China's CITIC group and shareholders of CITIC international financial holdings limited the formal establishment of China CITIC Bank Corporation. The same year, the successful introduction of strategic investors, and European leader in Spain of foreign banks (BBVA) had established a complementary strategic partnership. On April 27, 2007, CITIC Bank listed on the Shanghai Stock Exchange and the stock exchange of Hong Kong successfully synchronized. In 2009, China CITIC Bank's successful acquisition of CITIC international financial Holdings Limited (short name: CITIC gold) 70.32%.

After more than 20 years of development, China CITIC Bank has become one of the most well capitalized commercial banks in China, is a fast-growing and a powerful comprehensive competitiveness of national commercial bank. China CITIC Bank has a proven and experienced management team, their average has more than 20 years in the financial industry and management experience, are renowned experts in the industry, innovative management ideas and comprehensive operations experience. In recent years, this excellent management team, led by CITIC Bank adhering to "adhering to coordinated development of efficiency, quality, scale" and "the pursuit of risk filter out of the profits" and "the pursuit of steady growth of the market" and "strive to walk in the forefront of the Chinese and foreign banks" management philosophy, positive developments in corporate banking, retail banking, international business, money, capital markets business,

Investment banking business and auto financing business, hosting, credit card and private banking businesses, and first-rate customer service capabilities, to lead the race for international trade clearing business, logistics, financing and funding capital markets business, innovative capacity development strategy of investment banking and retail banking with distinctive renowned in the industry. CITIC Bank's radiation close to 130 countries and regions in the world, has 78 branches and 622 branches throughout the country, mainly in the coastal areas in economically developed cities and the Midwest.

Bank employs more than 33,000 people, over which more than 26,000 business people for the quality of services to corporate clients on corporate banking, international business, financial capital markets, investment banking and other financial solutions, at the same time to provide individual customers with personal banking, private banking, credit cards, consumer credit abroad to finance a full range of financial products. China CITIC Bank has established an independent, comprehensive, vertical, professional risk management system, pursue out risk-benefit, and continuously improve technical capacity to quantify risk, in accordance with the Basel Accord and risk management requirements, strengthen the management of capital constraints, improve asset management and internal management.

In recent years, China CITIC bank credit assets defective rate significantly lower than the average for listed banks, asset quality improved significantly. With the rapid development of business, excellent management skills, outstanding financial performance and prudent risk management, China CITIC Bank's achievements in recent years, had received wide industry recognition and was well received by domestic and foreign authorities. In the United Kingdom, told the released "2010 World ranking of 500 companies, ranked 185th of China CITIC Bank. In the United Kingdom 2010 World ranking of 1000 banks by the Banker magazine, CITIC Bank's tier one capital and total assets respectively, ranked 67th and 72nd place. United Kingdom brand consultant Brand Finance2010 years of evaluation, China CITIC Bank brand ranks among the top 500 most valuable brands in the world, ranked No. 480, brand value of us $ 2.342 billion.

The financial times and the Chinese Academy of social sciences in China 2008-2010 China's gold medal count of financial institutions "Golden Dragon Award" contest, CITIC Bank won for two consecutive years "best joint-stock commercial bank". Contact address: chaoyangmen Street, Dongcheng District, Beijing Fu Hua building, 8th block c zip code: 100,027 Customer Service Center: 95,558 credit card Center: 4,008,895,558You care: w w w. 0430. c o m

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1 floor China CITIC Bank [*.*.*.*] published in 2013/05/23/ 06:30:00
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China CITIC Bank (601,998. SH, 0998.HK) was established in 1987, formerly known as CITIC Industrial Bank, was one of the first emerging in China's reform and opening up commercial banks, is China's first participation in financing commercial banks in financial markets at home and abroad, and China's modern financial ..

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