|China Citic Bank, Shenzhen|
China CITIC Bank is a Chinese government owned bank headquartered in Beijing. It was founded in 1987 and operates as a subsidiary of China International Trust and Investment Corporation (CITIC). China Citic Bank is the seventh biggest financial lender in the country. The Bank operates in three segments: personal banking, corporate banking and treasury operations. Personal banking segment includes consumer credits, credit card services and phone banking. Corporate banking segment includes business oriented services like industry financing, investment banking and corporate financing. As of 31 March 2010, the Group’s total assets amounted to RMB1,754 billion, an decrease of 1.25% compared with the end of the previous year; the total liabilities amounted to RMB1,641 billion, down by 1.62% compared with the end of the previous year; resulting from the Group’s adjustment of the asset-liability structure. The total loans and advances to customers amounted to RMB1,133 billion, a growth of 6.30% over the end of the previous year. Customer deposits amounted to RMB1,454 billion, an increase of 8.34% compared with the end of the previous year. China CITIC Bank has more than 700 branches across the country.
Share Structure (April 30, 2010).
Total Share Capital
|Total Share Capital A+H||390.33||n/a||n/a||100.00%|
Expt. CITIC Group
|Other Tradable Share||65.47||n/a||52.79%||16.77%|
#C Fuhua Building No.8 Northern Street of Chaoyangmen,