Directory of business banks and banking institutions in China.
Banks of China :
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Agricultural Bank of China
Agricultural Bank of China Limited (ABC, simplified Chinese: 中国农业银行股份有限公司;
traditional Chinese: 中國農業銀行股份有限公司; pinyin: Zhōngguó Nóngyè Yínháng), also known
as AgBank, is one of the "Big Four" banks in the People's Republic of China. It
was founded in 1951, and has its headquarters in Beijing. It has branches
throughout mainland China, and also in Hong Kong and Singapore.
ABC has 320 million retail customers, 2.7 million corporate clients, and nearly
24,000 branches. It is China's third largest lender by assets. ABC went public
in 2010, fetching the world's biggest ever initial public offering (IPO).
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Bank of China
Bank of China Limited (BOC) SSE: 601988 SEHK: 3988 (simplified Chinese: 中国银行;
traditional Chinese: 中國銀行; pinyin: Zhōngguó Yínháng; often abbreviated as 中銀 or
中行) is one of the big four state-owned commercial banks of the People's Republic
of China. It was founded in 1912 by the Government of the Republic of China, to
replace the Government Bank of Imperial China. It is the oldest bank in China.
From its establishment until 1942, it issued banknotes on behalf of the
Government of the Republic of China along with the "Big Four" banks of the
period: the Central Bank of China, Farmers Bank of China and Bank of
Communications. Although it initially functioned as the Chinese central bank, in
1928 the Central Bank of China replaced it in that role. Subsequently, BOC
became a purely commercial bank.
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Bank of Communications
Bank of Communications Limited (BoCom or BoComm) SEHK: 3328 SSE: 601328
(simplified Chinese: 交通银行; traditional Chinese: 交通銀行; pinyin: Jiāotōng Yínháng;
often abbreviated as 交行), founded in 1908, is one of the largest banks in China.
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Bank of Ningbo
Bank of Ningbo Company Limited (SZSE: 002142) is a city commercial bank in
Ningbo, Zhejiang, China. As of June 2008, it operated 78 branches in Ningbo and
Shanghai. Since January 2008, Bank of Ningbo has become one of the constitute
stocks in Shenzhen Stock Exchange Component Index. In August 2008, the bank
relocated several major departments from Ningbo to Shanghai.
It was founded in 1997 as the Ningbo Commercial Bank. In 2007, it changed its
name to Bank of Ningbo and listed its shares on the Shenzhen Stock Exchange. In
2006, Singapore's Oversea-Chinese Banking Corporation took a 12.2% stake in Bank
of Ningbo.
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Bank of Beijing
The Bank of Beijing (simplified Chinese: 北京银行; traditional Chinese: 北京銀行;
pinyin: Běijīng Yínháng) (SSE: 601169) is a bank based in Beijing, People's
Republic of China. Founded on January 8, 1996 as Beijing City Commercial Bank
(sometimes referred to as Beijing Commercial Bank), it adopted its present name
in January 2005. The largest shareholders of the bank include: Government of the
City of Beijing, and ING from the Netherlands.
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Bank of Dalian
Dalian Bank (in Chinese: 大连银行) is a commercial bank, with its headquarters in
Dalian, Liaoning Province, China. It was established in 1998 as Dalian City
Commercial Bank, opened its branches in Dalian City only, but changed its name
to Dalian Bank in 2007 and has since opened branches in Tianjin and Beijing.
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Bank of Jilin
Bank of Jilin (in Chinese: 吉林银行) is a commercial bank, with its headquarters in
Changchun, Jilin Province, China. It is the former Changchun City Commercial
Bank, established in 1997, which changed its name in 2007 to Bank of Jilin, as
it absorbed Jilin and Liaoyuan City Commercial Banks. It further absorbed in
2008 Tonghua, Siping, Baishan and Songyuan Commercial Banks, and opened a new
branch in Yanbian.
In 2008, it also opened branches outside of Jilin Province, in Tianjin, Shanghai
and Beijing.
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Bank of Shanghai
Bank of Shanghai (simplified Chinese: 上海银行; traditional Chinese: 上海銀行; pinyin:
Shànghǎi Yínháng) is a bank based in Shanghai in the People's Republic of China.
In September 1999 and December 2001, Bank of Shanghai received equity
investments from International Finance Corporation, HSBC and Shanghai Commercial
Bank in Hong Kong.
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China CITIC Bank
China CITIC Bank (simplified Chinese: 中信银行; traditional Chinese: 中信銀行; pinyin:
Zhōng Xìn Yínháng)(SEHK: 0998 SSE: 601998) is China’s seventh-largest lender in
terms of total assets. It is formerly known as CITIC Industrial Bank. China
CITIC Bank, established in February 1987, is a nationally comprehensive and
internationally oriented commercial bank. By end of October 2005, its network
comprises 418 branches countrywide, and includes established correspondent
relationships with 990 banks and their branches in 70 countries around the
world.
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China Construction Bank
China Construction Bank (CCB) SSE: 601939 SEHK: 0939 (simplified Chinese:
中国建设银行; traditional Chinese: 中國建設銀行; pinyin: Zhōngguó Jiànshè Yínháng; often
abbreviated as 建行) is one of the 'big four' banks in the People's Republic of
China. To date, it is ranked as the nation's second largest and the second
largest bank in the world by market capitalization. The bank has approximately
13,629 domestic branches. In addition, it maintains overseas branches in
Frankfurt, Hong Kong, Johannesburg, New York, Seoul, Singapore, Tokyo, and
Sydney, and a wholly-owned subsidiary in London. Its total assets reached 8.7
trillion RMB in 2009.
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China Development Bank
The China Development Bank (CDB) (simplified Chinese: 国家开发银行; traditional
Chinese: 國家開發銀行; pinyin: Guójiā Kāifā Yínháng) is a financial institution in the
People's Republic of China (PRC) under the direct jurisdiction of the State
Council. It is the only bank in China whose governor is a full minister. It is
one of the three policy banks of the PRC, primarily responsible for raising
funding for large infrastructure projects, including most of the funding for the
Three Gorges Dam and Shanghai Pudong International Airport. The bank was
established by the Policy Banks Law of 1994.
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China Merchants Bank
China Merchants Bank (CMB) (simplified Chinese: 招商银行; pinyin: Zhāoshāng Yínháng
SEHK: 3968, SSE: 600036) is a bank headquartered in Shenzhen, China. Founded in
1987, it is the first share-holding commercial bank wholly owned by corporate
legal entities.
CMB has over five hundred branches in mainland China and one in Hong Kong. In
November 2007, as part of a drive for international growth, it won federal
approval to open a branch in New York.
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Exim Bank of China
The Export-Import Bank of China (China Eximbank) (simplified Chinese: 中国进出口银行;
traditional Chinese: 中國進出口銀行; pinyin: Zhōngguó Jìnchūkǒu Yínháng) is one of
three institutional banks in China which chartered to implement the state
policies in industry, foreign trade, diplomacy, economy and finance to provide
policy financial support so as to promote the export of Chinese products and
services. It was founded in 1994, and is subordinated to the State Council.
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Guangdong Development Bank
Guangdong Development Bank (simplified Chinese: 广东发展银行; traditional Chinese:
廣東發展銀行; pinyin: Guǎngdōng Fāzhǎn Yínháng, abbreviated: 广发行) is a bank based in
Guangzhou, Guangdong in People's Republic of China. The bank was established in
September 1988 as a joint stock commercial bank.
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HSBC Bank (China)
HSBC Bank (China) Company Limited (simplified Chinese: 汇丰银行(中国)有限公司; often
abbreviated as 汇丰中国) was one of the first foreign banks to incorporate locally
in mainland China in 2007. It is part of the worldwide HSBC Group and is wholly
owned by Hong Kong-based The Hongkong and Shanghai Banking Corporation Limited.
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Hua Xia Bank
Hua Xia Bank (simplified Chinese: 华夏银行) (SSE: 600015) is a state-controlled
publicly traded bank in the People's Republic of China. It is based in Beijing
and was founded in 1992. Germany's Deutsche Bank holds 19.99% of the bank's
shares as of 2010.
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Industrial and Commercial Bank of China
Industrial and Commercial Bank of China Ltd. (ICBC) (simplified Chinese: 中国工商银行;
traditional Chinese: 中國工商銀行; pinyin: Zhōngguó Gōngshāng Yínháng, more commonly
just 工行 Gōngháng) is the largest bank in the world by profit and market
capitalization. It is one of China's 'Big Four' state-owned commercial banks
(the other three being the Bank of China, Agricultural Bank of China, and China
Construction Bank). It was founded as a limited company on January 1, 1984. As
of 2009, it had assets of RMB 11 trillion (US$1.6 trillion), with over 18,000
outlets including 106 overseas branches and agents globally.
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Industrial Bank Co.
Industrial Bank Co., Ltd. SSE: 601166 (simplified Chinese: 兴业银行; traditional
Chinese: 興業銀行; pinyin: Xīngyè Yínháng) is a bank based in Fuzhou, Fujian, China.
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Minsheng Banking Corp
China Minsheng Bank (simplified Chinese: 中国民生银行; traditional Chinese: 中國民生銀行;
pinyin: Zhōngguó Mínshēng Yínháng) (SSE: 600016, SEHK: 1988), founded on January
12, 1996 in Beijing, is the first bank in China to be owned mostly by
non-government enterprises. The bank was founded by Jing Shuping, a Chinese
lawyer and businessman who become prominent in the People's Republic of China
after the nation's founding in 1949.
Minsheng Bank has over two hundred banking outlets throughout China and
relationships with more than seven hundred banks overseas. The bank was publicly
listed on the Hong Kong Stock Exchange in 2009.
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People's Bank of China
The People's Bank of China (PBC or PBOC) is the central bank of the People's
Republic of China with the power to control monetary policy and regulate
financial institutions in mainland China. The People’s Bank of China has more
financial assets than any other single public finance institution in world
history.
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Postal Savings Bank of China
Postal Savings Bank of China (PSBC) (中国邮政储蓄银行) is a commercial retail bank,
which provides basic financial services, especially to SMEs, rural and low
income customers. PSBC has 40,000 branches covering all regions of China.
PSBC was set up with an initial capital of RMB20 billion in 2007 from the State
Post Bureau. Today it has RMB1.5billion in deposits and the second largest
number of branches, after the Agricultural Bank of China.
Duriing the Global Financial Crisis, the government took several measures to
spread its national economic stimulus plan specifically to rural areas. This
included using microfinance services provided by the Postal Savings Bank as a
tool for national development and poverty reduction. The bank with its extremely
broad reach also assists China’s credit cooperatives in their microcredit
schemes.
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Shanghai Pudong Development Bank
Shanghai Pudong Development Bank Co. Ltd (SPDB), (SSE: 600000) incorporated on
January 9, 1993 with the approval of the People's Bank of China (August 28,
1992), is a joint-stock commercial bank with its headquarters located in
Shanghai.
Shanghai Pudong Development Bank issued a 400 million A-share offer on September
23, 1993 on the Shanghai Stock Exchange. It became the first shareholding
commercial bank to list with both Central Bank and China Securities Regulatory
Commission’s approval since the enactment of "Commercial Bank Law" and
"Securities Law". Thus, the registered capital reached RMB 2.41 billion. 320
million shares of the issue were listed on the Shanghai Stock Exchange on
November 10, 1999 (stock code 600000).
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Shengjing Bank
Shengjing Bank (in Chinese: 盛京银行) is a commercial bank, with its headquarters in
Shenyang, Liaoning Province, China. It was established in 1996 as Shenyang City
Commercial Bank, opened its branch in Shenyang City only, but changed its name
to Shengjing Bank in 2007 and has since opened a branch in Tianjin.
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Shenzhen City Commercial Bank
Shenzhen City Commercial Bank (simplified Chinese: 深圳市商业银行; traditional Chinese:
深圳市商業銀行; pinyin: Shēnzhènshì Shāngyè Yínháng) is a commercial bank based in
Shenzhen in the People's Republic of China.
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Shenzhen Development Bank
Shenzhen Development Bank Co., Ltd. SZSE: 000001 (simplified Chinese: 深圳发展银行;
traditional Chinese: 深圳發展銀行; pinyin: Shēnzhèn Fāzhǎn Yínháng) is a bank based in
Shenzhen, Guangdong, People's Republic of China. It is listed on the Shenzhen
Stock Exchange.
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Sili Bank
Sili Bank (Chinese: 實利銀行, Shili Yinhang; Korean: 실리은행, Silli Ŭnhaeng) is a
financial institution based in Shenyang, Liaoning, China, closely related to the
government of North Korea.
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Taizhou City Commercial Bank
Taizhou City Commercial Bank (TZB; simplified Chinese 台州市商业银行) is a city
commercial bank headquartered in Taizhou, Zhejiang Province - China.
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Xiamen International Bank
Xiamen International Bank (XIB) (simplified Chinese: 厦门国际银行; traditional
Chinese: 廈門國際銀行; pinyin: Xiàmén Guójì Yínháng) was established in August 1985 as
the first joint venture bank in China with capital of RMB 1.069 billion.
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Zhejiang Tailong Commercial Bank
Zhejiang Tailong Commercial Bank (simplified Chinese: 浙江泰隆商业银行) is a small
Chinese commercial bank in Taizhou, Zhejiang province, China. The bank has a
relatively short history. It is comparatively well known in China because of its
intensive public relations work in context with the SME finance supported by the
government. Is this context it was termed as the Chinese Grameen Bank. This
comparison is not accurate. Tailong Commerial Bank operates in one of the
richest and economically most active regions in China and targets local business
men and not women living below the poverty line like Grameen. Also Grameen bank
and Tailong Commercial Bank use fundamentally different lending technologies.
The most important difference is that the Chinese bank is purely operating in
the commercial mode and does not receive or provide any form of subsidize to or
from anyone, because the bank executives do not believe that they are a charity
organization.
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