Home >  Blossary: Banks In China  >  Term: China CITIC Bank
China CITIC Bank

China CITIC Bank is China's seventh-largest lender in terms of total assets. It is formerly known as CITIC Industrial Bank, changing to its current name in August 2005. China CITIC Bank, established in 1987, is a nationally comprehensive and internationally oriented commercial bank.

The bank currently operates in almost 130 countries, whilst still maintaining a strong foothold on the mainland banking industry. The bank currently operates 78 branches within the mainland, along with 622 sub-branches, located within economically developed regions of China. In total, there are 773 branch offices in China, as of Q4 2011.

0 0

Banks In China

Category: Business

Total terms: 11


© 2019 CSOFT International, Ltd.