Is China Citic Bank state owned?
CITIC Group’s status as one of the largest state-owned financial conglomerates underpins the state’s high propensity to support CNCB. …
Where is China Citic Bank located?
Beijing Hong Kong
China CITIC Bank, established in 1987, is a nationally comprehensive and internationally oriented commercial bank….China CITIC Bank.
| Type | Public |
|---|---|
| Headquarters | Beijing Hong Kong , China |
| Area served | People’s Republic of China |
| Key people | Li Qingping, Chairman Sun Deshun, CEO |
| Revenue | US$24.37 billion |
What does CITIC do?
CITIC Limited previously known as CITIC Pacific is a diversified company with a primary focus on special steel manufacturing, property and iron ore mining, which supplies the raw material needed in the making of special steel and property development in mainland China.
Is Citic a state-owned enterprise?
Citic, one of China’s biggest state-owned companies, didn’t respond to requests for comment.
When did Citic acquire CLSA?
2013
In 2013, CITIC Securities, China’s largest investment bank acquired CLSA for US$ 1.3 billion.
What is CLSA famous for?
Renowned for presenting differentiated investment ideas, global asset managers have consistently voted CLSA’s research as the most independent and thought provoking in the market. We work closely with asset managers, corporates, governments and family offices to provide the most investable research ideas.
What do you mean by CLSA?
(formerly known as Credit Lyonnais Securities Asia) is a capital markets and investment group focused on alternative investment, asset management, corporate finance and capital markets, securities and wealth management for corporate and institutional clients around the world.
How big is the CITIC Bank in China?
A wholly owned subsidiary of China International Trust and Investment Corporation (CITIC), with assets of RMB 576 billion (US$71 billion). First bank in China to be certified by the China Financial Certificate Authority for online banking. Being a local commercial bank, China CITIC bank currently offers a large range of services, including:
Who is the parent company of CITIC Bank International?
China CITIC Bank International (CNCBI) is part of the cross-border commercial banking franchise of CITIC Group in Beijing. Together with our parent bank China CITIC Bank, we shall build the CITIC commercial banking franchise to be a world leading brand.
Is there an app for China CITIC Bank International?
CNCBI Token. China CITIC Bank International launches Hong Kong’s first security token mobile app CNCBI Token. Now, you can complete your bank transactions with CNCBI Token, without the need for any physical security device!
When did China CITIC Bank change its name?
It was known as CITIC Industrial Bank until it changed its name in August 2005. [citation needed] China CITIC Bank, established in 1987, is a nationally comprehensive and internationally oriented commercial bank. The bank operates in almost 130 countries, and maintains a strong foothold on the mainland banking industry.