Established in 1995, Agricultural Bank of China is one of four state-owned banks. It is a commercial bank specializing in wholesale banking and has a strong presence in this field, both in China and abroad. In China , its presence has been further strengthened by its nation-wide banking IT link-up, business infrastructure and efficient services for more than 100 million personal accounts and over 400 thousand corporate clients. It also offers a wide range of products and services including forex trading, bonds, derivatives, deposits, remittances, trade finance, syndicated loans and project finance. It is the leader in terms of geographical coverage and branch network.

 

Established in 1912, Bank of China traditionally deals with corporate banking, retail banking and banking with financial institutions. It is expanding to investment banking and insurance arms to keep in line with the developing trends of the international financial industry.

The Bank of China is the first and the only Chinese bank that has a presence in all major continents. At present, the bank offers financial services through its global network of over 560 overseas offices in 25 countries and regions. In the last 93 years, it has played an important role in promoting China 's economic and social progress through its active involvement in the country's international trade and financial activities.

 

Founded in 1908, the Bank of Communications is one of the first few major national and note-issuing banks in China . Today, it is amongst the top 5 leading commercial banks and has an extensive network of over 2,800 branches covering over 80 major cities. Apart from Hong Kong, the Bank has also established overseas branches in New York , Tokyo , Singapore and representative offices in London and Frankfurt . The Bank had over 45,000 employees and a total asset reaching RMB 766.874 billion.

 

Incorporated in 1954, China Construction Bank Corporation was formerly known as China Construction Bank. It is a state owned bank and is one of the leading banks in the domestic banking sector. It also has a leadership role in key market segments in the areas of corporate banking, retail banking and investment banking services. In its efforts to maintain innovative banking services such as online banking to stay in a competitive edge it has created an extensive network in China . Currently, it operates more than 25,700 branches.

 

Founded in April 1987, China Merchants Bank is the first share-holding commercial bank wholly owned by corporate legal entities. It has transformed from a regional bank located in Shekou, Shenzhen into a national commercial bank with certain scale and influence.

The Bank has built up its business network and organizational structure with headquarter located in Shenzhen, and penetrated into both nation-wide domestic cities and overseas market. China Merchants Bank has branches in more than 30 major cities in China as well as in HKSAR with total business network over 400. In addition, China Merchants Bank also set up a US Representative Office in New York . At present, CMB has established correspondent relations with over 1000 banks in more than 80 countries and regions.

 

China Minsheng Bank is a joint-stock financial institution that was founded by non-state-owned enterprises in Beijing on 12 th January 1996. In the last 9 years, the Bank has been through the phases of solidification and expansion. This has lead the Bank to establish 20 branches in Beijing, Guangzhou, Shanghai, Shenzhen, Wuhan, Dalian, Hangzhou, Nanjing, Chongqing, Xi'an, Fuzhou, Jinan, Taiyuan, Shijiazhuang , Chengdu , Ningbo, Tianjin, Kunming, Quanzhou, Suzhou and a direct-reporting sub-branch in Shantou. The total number of banking outlets increased to more than 200 units. It has also established correspondent banking relationships with 749 overseas banks in 78 nations and regions.

 

The China Post Bank was established by the China Banking Regulatory Commission (CBRC) in efforts to reform the financial sector. The already existing Chinese postal savings service was converted into a commercial bank. With 9 per cent of total deposits in China , the Postal Savings has become the fifth largest bank in China . It has 31,500 branches, 70% of which are in rural areas. It also oversees 1.22 trillion yuan (US$150.4 billion) of deposited funds while maintaining a firm market presence as the provider of basic banking services.

 

Established in October 1979, China International Trust and Investment Corporation is better known as CITIC. Since its inception, CITIC has always adhered to the principle of innovation. It has attracted and utilized foreign capital, introduced advanced technologies, and adopted advanced and scientific international practices in its operations and management. Today, it owns 44 subsidiaries in Hong Kong, the United States , Canada , Australia , and New Zealand . The company has also set up representative office in Tokyo , New York and Frankfurt.

Founded in August 1992, Everbright Bank of China is the first state owned commercial bank whose shares are held by international financial institutions. It is one of China 's largest and most influential financial organizations. Its focus has been on growth and innovation for the last 11 years. This served as a period of expansion for the bank. It now has 370 branches and sub-branches in 36 cities in 23 provinces.

The Fujian Industrial Bank based in Fuzhou was set up in 1988. It is one of China 's major state-controlled, share-holding, joint-stock commercial banks. Currently, the bank has opened 318 branches in 23 cities including Shanghai , Beijing , Tianjin and Guangzhou . It has also established agencies with more than 200 Chinese and foreign financial institutions.

The Guangdong Development Bank was set up in 1988 in Guangzhou ( Southern China ). The bank has a market value of 8.1 billion yuan (US$1 billion) and is controlled by a San Francisco-based buyout firm Newbridge Capital Ltd. Presently, it has 520 branches all over China including Beijing , Shanghai , Dalian , Zhenzhou, Nanjing , Hangzhou and other cities. It also has 63 percent more assets than Shenzhen Development Bank Co.

Based in Beijing , Huaxia Bank was established in 1992. It is the smallest of China 's five domestically listed shareholding banks. It offers traditional services like deposits, loans and settlement. It also provides special services like trade settlement and financing, bank services for merchants, including syndicated loans, project financing, merge loans, financial consultants, information and management consulting services to satisfy the needs of enterprise restructuring, merging and asset regrouping. Its main focus is on developing business in the economically developed and resources-rich Yangtze Delta region, the Bohai region, and economic centres in central and western China . It can be located in 27 Chinese cities.

Established in January 1984, Industrial and Commercial Bank of China ranks first in many indexes such as total assets, total capital, core capital and operating profit. It possess advance information technology through which it provides overall financial service both in RMB and foreign exchange. This includes wholesale, retail, E-banking and international business for more than 8 million corporate clients and more than 100 million individual clients. It also has more than 21000 domestic branches, 100 overseas branches and approximately a thousand correspondent banks.

Incorporated in January 1993, it is a joint-stock commercial bank located in Shanghai . The objective of Pudong Development Bank is to provide services for the development of Pudong, in order to build Shanghai into an international economic, financial trade center in the shortest possible time. It also seeks to contribute to the national economic development and social progress. To facilitate these ventures the bank has set up 24 directly subordinate branches and sub-branches in Shanghai, Beijing, Tianjing, Chongqing, Hangzhou, Nanjing, Guangzhou, Shenzhen, Kunming, Zhenzhou, Dalian, Jinan, Xian, Chengdu, Shenyang, Wuhan, Taiyuan, Changsha, Harbin, Ningbo, Suzhou, Wenzhou, Wuhu etc. There are a total of 328 business network sites.

 

Established in 1995, Shenzhen Commercial Bank Company Limited was formally known as Shenzhen Commercial Bank. It was created by 16 urban credit cooperatives in Shenzhen. It was the first urban co-operative, joint-stock commercial bank in China . It is a financial corporation with an independent legal entity status.

 

Shenzhen Development Bank is a national bank headquartered in Shenzhen , China . It is the first joint-stock owned company to list on the Shenzhen Stock Exchange. It is known for its progressive approach to business. With RMB 210.5 billion in assets, Shenzhen Development Bank provides a broad range of services to commercial, retail and government customers through its 237 branches and sub-branches.

Established in 1985, Xiamen International Bank is headquartered in Xiamen . It is the first joint venture bank in China . It offers services like full-range foreign exchange business for personal customers and comprehensive financial services including RMB business for corporate and non-resident customers. It operates six establishments including Shanghai Branch, Fuzhou Branch, Zhuhai Branch, Xiamen Sub-branch, Xiamen Dongqu Sub-branch and Quanzhou Representative Office. It also has established correspondent relationships with 522 headquarters and branches of 171 banks from 59 countries and regions, with business links all over the world.

 

Guangzhou Rural Credit Cooperatives, Shenzhen Rural Credit Cooperatives, Xiamen Commercial Bank customers now have the convenience of using their bank accounts to pay for the goods and services of CCAvenueWorld web merchants.