CITIC
Established in 1987, this bank is one of the earliest emerging commercial banks established during China's reform and opening up. It is also the earliest commercial bank in China to participate in financing in domestic and international financial markets, and is renowned both domestically and internationally for repeatedly creating multiple firsts in China's modern financial history, making positive contributions to China's economic construction. In April 2007, the bank achieved synchronous listing of A+H shares on the Shanghai Stock Exchange and the Hong Kong Stock Exchange.
Our bank's development vision is to become the best comprehensive financial service provider with "responsibility, warmth, characteristics, and value". We fully leverage the advantages of CITIC Group's "finance+industry" comprehensive platform, adhere to the principle of "customer-centered, reform driven, technology driven, light development, compliant operation, and talent driven", and provide corporate banking, international, financial market, and institutional services to corporate and institutional clients We provide comprehensive financial solutions for investment banking, transaction banking, and custody services, providing diversified financial products and services such as retail banking, credit card, consumer finance, wealth management, private banking, overseas finance, and e-banking to individual customers, fully meeting the comprehensive financial service needs of enterprises, institutions, and individual customers.
As of mid-2021, the Bank has 1410 business outlets in 153 large and medium-sized cities in China, and has 7 subsidiaries both domestically and internationally, including CITIC International Financial Holdings Limited, CITIC Bank (Hong Kong) Investment Co., Ltd., CITIC Financial Leasing Co., Ltd., CITIC Wealth Management Co., Ltd., CITIC Baixin Bank Co., Ltd., Arkin Bank, and Zhejiang Lin'an CITIC Rural Bank Co., Ltd. Among them, CITIC Bank (International), a subsidiary of CITIC International Financial Holdings Limited, has 34 business outlets and 2 business centers in Hong Kong, Macau, New York, Los Angeles, Singapore, and mainland China. Xinyin (Hong Kong) Investment Co., Ltd. has three subsidiaries in Hong Kong and China. Xinyin Wealth Management Co., Ltd. is a wholly-owned financial subsidiary of the Bank. CITIC Baixin Bank Co., Ltd. is the first domestic direct selling bank with independent legal personality initiated by the bank and Baidu Company. Arkin Bank has 7 business outlets and 1 private banking center in Kazakhstan.
This bank adheres to serving the real economy, operates steadily, and keeps pace with the times. After more than 30 years of development, the bank has become a financial group with a total asset size of over 7 trillion yuan and over 50000 employees, possessing strong comprehensive strength and brand competitiveness. In 2021, the bank ranked 16th on the "Global Banking Brand 500 Rankings" of Banker magazine in the UK; The Bank's Tier 1 capital ranks 24th in the Banker magazine's "World 1000 Banks Ranking".
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