China CITIC Bank Corporation Ltd (CNCB) is a Chinese government owned bank headquartered in Beijing. It was founded in 1987 and operates as a subsidiary of CITIC Group (formerly the China International Trust and Investment Corporation). China CITIC is one of the 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 April 2007 and the company’s market capitalization reached US$60.0 billion as of April 10, 2015. As of December 31, 2014, the Group’s total assets amounted to RMB 4.139 trillion, the total liabilities amounted to RMB 3.872 trillion and total revenues reached RMB 101.041 billion. With over 34,500 employees, China CITIC Bank operates through about 1,100 branch outlets in 117 large and medium-sized cities across the country.