China CITIC Bank, Chinese Public Banking Company

China CITIC Bank is the seventh largest lender in the country. It was formerly known as CITIC Industrial Bank, and was founded in 1987. It is a large, internationally oriented commercial bank with a national footprint. It offers loans to small and large businesses across the country. Its services include lending, asset management, and international trade finance. Its customers include individuals and companies of all sizes. As of December 2009, the bank has nearly $2 trillion in assets.

In 2007, China CITIC Bank was the second largest bank in the world, with assets of RMB 576 billion (US$71 billion). Its financial services include personal and retail banking, loans, and wealth management. The bank also offers electronic banking and other international financial services. As a member of the World Wide Web Consortium, it has the highest concentration of foreign exchange trading in the world. As a result, the bank is one of the largest foreign exchange brokers in the world.

In 2010, China CITIC Bank was ranked 185th among the world’s 500 largest enterprises, based on market value. It is ranked 67th in the world by total assets and tier-1 capital. Its branches and overseas subsidiaries provide retail banking, band cards, and savings accounts. The bank also provides wealth management, investment banking, personal loans, and guarantee services. The bank operates in more than 50 countries, and has a PE ratio of 2.7x.

China CITIC Bank

China CITIC Bank

The bank has a history of success, and continues to grow with the help of new technologies. It also holds numerous bank charters and maintains a high share price. It was the first Chinese bank to list on the Hong Kong Stock Exchange in 2008. The bank is one of the world’s largest financial institutions and is listed on the Shanghai and Hong Kong exchanges. It has a high PE Ratio and a PE of 2.7x.

China CITIC Bank has a low PB Ratio, which is a good sign for banks. Its PB Ratio is 0.2x, which is lower than the industry average. Its earnings growth is slower than the market’s growth, and its revenue is not expected to increase significantly. However, its profit margins are much higher than the industry average. The Chinese government is very aggressive, and the bank is well capitalized.

The bank has four main segments: Personal Banking and Treasury Business. Its Personal Banking segment provides financial products to individuals and small enterprises. Its Treasury Business division conducts investment banking and capital markets activities. The Others segment includes the bank’s other businesses. The company is headquartered in Beijing, China. Its other major divisions include CNCB Investment and the CITIC International Finance. It has a presence in Hong Kong and Shanghai.

The company is organized into two segments: Personal Banking and Treasury Business. The former offers financial services to individuals and small businesses. The latter offers foreign exchange and loan services. The CITIC group’s retail business covers real estate, retail, and other retail businesses. The latter serves mainly small enterprises and foreign investors. There are three main segments: the CITIC Investment and the CITIC Finance. The CITIC Bank is the most prominent investment bank in the region.

China CITIC Bank is one of the world’s leading banks. It was previously known as CITIC Industrial Bank until August 2005, but it was renamed to CITIC in 2006. Its headquarters in Shanghai are the largest in Asia. As of Q4 2011, the bank has 78 branches in mainland China and 622 sub-branches in the most developed regions. It also has a network of over 1,300 ATMs and other banking locations in the world.

CITIC Bank’s operations are expanding in the first decade of the 21st century. In 2002, it became the first bank in China to be certified for online banking, and it ranked 291 on the “Top 1000 World Banks” list. As of November 2006, BBVA, the second largest bank in Spain, became a major shareholder in China CITIC Bank. It also entered into a cooperative relationship with CITIC in 2006.