China CITIC Bank Corporation Company Description

China CITIC Bank Corporation Limited provides various banking products and services in the People’s Republic of China and internationally.

It operates in three segments: Corporate Banking, Retail Banking, and Financial Market business. The Corporate Banking segment offers corporate loans, deposit services, agency services, money transfer and settlement services, and guarantee services to corporate clients, government agencies, and non-financial institutions.

Its Retail Banking segment provides personal loans, deposit services, agency services, remittance and settlement services, and guarantee services to individual customers.

The Financial Markets Business segment engages in interbank lending, repurchase transactions and debt instrument investments in the interbank market, and trading in debt instruments, as well as derivatives and forex trading.

The company also offers wealth management, treasury business, asset management, financial leasing, private banking and other non-bank financial services.

It operates through branches; self-service banks; and self-service terminals, as well as smart teller machines.

The company was founded in 1987 and is headquartered in Beijing, the People’s Republic of China. China CITIC Bank Corporation Limited operates as a subsidiary of CITIC Financial Holdings Co., Ltd.