Industrial and Commercial Bank of China (ICBC) is a Chinese company that has grown to become one of the largest banks in the world. With over 460,000 employees and more than 16,000 branches, ICBC has a strong presence not only in China but also in other parts of the world. The bank was founded in 1984 and has since been on a steady growth trajectory, expanding its operations and services to meet the needs of its customers.

ICBC's success can be attributed to its strong focus on customer satisfaction and innovation. The bank has invested heavily in technology, enabling customers to conduct transactions efficiently and conveniently through mobile banking apps and other digital platforms. ICBC has also been keen on expanding its services beyond traditional banking products, offering its customers insurance, asset management, and other financial services.

ICBC's global expansion has been an essential part of its growth strategy. The bank has established international branches and subsidiaries in countries such as the United States, Canada, and Australia, among others. This has not only helped to diversify the bank's revenue streams but also enabled it to provide financial services to Chinese companies and individuals operating in other parts of the world.

ICBC's success has been driven by its commitment to customer satisfaction, innovation, and global expansion. As a Chinese company with a strong presence in the global financial market, ICBC has established itself as a critical player in the banking industry and is well-positioned to continue its growth trajectory in the years to come.

Founded: 1984

Headquarters: Beijing, China

Website: https://www.icbc-ltd.com

China Construction Bank (CCB) is one of the "big four" banks in China and is considered one of the largest banks in the world. As of 2021, CCB ranks as the second-largest bank globally regarding market capitalization. China Construction Bank was founded in 1954 as the People's Construction Bank of China. In 1996, the bank was restructured and renamed China Construction Bank Corporation. The bank's headquarters are located in Beijing, and it has a vast network of branches across China, as well as overseas operations in 29 countries.

China Construction Bank offers a wide range of financial products and services to both individual and corporate customers, including deposits, loans, credit cards, insurance, wealth management, and investment banking. The bank has also invested heavily in technology and offers digital banking services such as online and mobile banking.

As one of the world's largest banks, CCB has maintained strong financial performance over the years. According to its 2020 financial results, CCB reported a total operating income of RMB 687.8 billion (approximately $106.4 billion) and a net profit of RMB 278.6 billion (roughly $43 billion). As a major bank in China, CCB plays a crucial role in supporting the country's economic growth. The bank has been actively involved in financing infrastructure projects, including roads, railways, and ports. CCB also supports small and medium-sized enterprises (SMEs), which are seen as vital for China's economic development.

In summary, China Construction Bank is a large and important financial institution with a strong presence in China and around the world. Its diverse range of financial products and services, combined with its strong financial performance and role in supporting the Chinese economy, make it a significant player in the global banking industry.

Founded: 1954

Headquarters: No.25, Finance Street, Xicheng District, Beijing

Website: http://en.ccb.com/eng/home/index.shtml

The Agricultural Bank of China (ABC) is one of China's largest banks, offering financial services to both individuals and businesses. The Agricultural Bank of China was established in 1951 and is headquartered in Beijing. The bank, founded to support the agricultural industry, has now expanded its offerings to cover a wide range of financial goods and services. It has an extensive network of branches in China and worldwide, including Europe, North America, and Asia.

Deposits, loans, credit cards, insurance, wealth management, and investment banking are among the financial goods and services offered by the Agricultural Bank of China. The bank also invests in digital banking, providing its customers with online and mobile banking options.

As the name implies, the Agricultural Bank of China is dedicated to assisting the agricultural sector and rural development. The bank finances agricultural initiatives and offers farmers and rural enterprises financial services. Furthermore, ABC collaborates closely with the Chinese government to implement policies that benefit rural areas.

The Agricultural Bank of China is a big financial organization heavily invested in rural development and the agricultural industry. The bank is well-positioned to continue servicing the needs of its customers in China and around the world, with a diverse variety of financial products and services and an increasing emphasis on digital banking.

Founded: 1951

Headquarters: Beijing, China

Website: https://www.abchina.com/

The Bank of China, the fourth-largest bank in the world with its headquarters in Beijing, is a commercial bank with a majority of Chinese ownership.

The Ta-Ching Government Bank of the Qing Dynasty was replaced by the Bank of China, established in 1912 by the Republican government to serve as China's central bank. After the 1908-founded Bank of Communications, China's second-oldest bank is still in operation. It was one of the "Big Four" banks of the era, along with the Farmers Bank of China, Bank of Communications, and Central Bank of the Republic of China, that printed banknotes on behalf of the government from its founding until 1942. The People's Republic was founded in 1949, and since then, it has developed into a nationwide professional commercial and foreign exchange bank. The newly established People's Bank of China maintained its initial designation as the country's central bank.

The Financial Stability Board classifies it as a systemically important bank. As of December 31, 2019, it was the ninth-largest bank in the world by market capitalization value and the second-largest lender in China overall. It ranked after the other three Chinese banks as the fourth largest in the world at the end of 2020 in total assets.

Although they maintain tight ties in management and administration and collaborate in several areas, including reselling BOC's insurance and securities services, the Bank of China and its subsidiary, the Bank of China (Hong Kong), are legally independent entities.

Founded: 1912

Headquarters: Beijing, China

Website: https://www.boc.cn

China Merchants Bank (CMB) is a Chinese bank based in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank fully owned by corporate legal entities in China.

CMB has over five hundred stores in mainland China and one in Hong Kong. In November 2007, as part of a drive for foreign growth, it won federal approval to open a branch in New York City.

CMB runs the following businesses:

• Personal Banking Business, including personal savings, personal loans, foreign exchange and stock trading, gold buying and bank card services, among others.
• Corporate & Investment Banking Business, including corporate savings, corporate loans, foreign settlements, trade financing, assets custody, M&A advisory, FX, fixed income, syndication among others.
• As of December 31, 2008, the Bank had 44 branches and 623 sub-branches, one representative, one credit card center, one credit loan center for small business, as well as 1,567 self-service banks in China

The China Merchants Bank Headquarters are based in Shenzhen, China. Part of the modernization and growth of the city in the early 2000s. Architects, Lee/Timchula architects also developed the central city plan for Shenzhen and the focal building, the Shenzhen Citizen's Center.

Founded: 1987

Headquarters: China Merchants Bank Tower, Futian District, Shenzhen, Guangdong

Website: https://www.cmbchina.com

Chinese postal savings began in 1919. Postal Savings Bank of China Limited was founded in March 2007 after postal savings management reform. The Bank became a joint stock limited liability company in January 2012, went public in September 2016, and was listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange in December 2019.

The Bank serves Sannong clients, urban and rural citizens, and SMEs with 40,000 stores and over 650 million personal customers. It meets the financial needs of China's most promising clients amid economic transition using its distinctive model and resource endowment of directly operated and agency outlets. Postal Savings Bank of China is also accelerating its transition into a data-driven, channel-coordinated, wholesale-retail, efficient retail bank. It is a leading Chinese retail bank with high asset quality and development prospects.

Postal Savings Bank of China prioritizes the actual economy, national strategies, and social responsibility. It offers customers excellent, convenient, and efficient integrated financial services by connecting online and offline services for collaborative development. It follows the risk-based strategy and has a sensible and sound risk appetite, strengthens its risk management leadership on all fronts, and consistently improves the comprehensive risk management system covering "all aspects, whole process, and entire staff." It pursues high-quality development, innovates and reforms boldly, and deepens capability.

Since its founding 16 years ago, the Bank has grown in market prominence. This year, Fitch Ratings and Moody's Investors Service rated it A+ and A1, matching China's sovereignty credit ratings. S&P Global Ratings, S&P Global (China) Ratings, and CCXI have rated it A, AAAspc, and AAA with stable outlooks. Tier 1 Capital ranked 13th in The Banker's "Top 1000 World Banks" in 2022.

Faced with new strategic opportunities for China's development, Postal Savings Bank of China will thoroughly implement the new development philosophy, focus on high-quality development, stay committed to the general principle of pursuing progress while ensuring stability, comprehensively deepen reform and innovation, and accelerate the transformation and growth towards "uniqueness, comprehensiveness, lightness, digitalization, and intensiveness." As a major state-owned bank, the Bank will strive to be a first-tier sizeable retail bank that is trustworthy, distinctive, prudent, safe, innovative, and with remarkable value.

Founded: 2007

Headquarters: No. 3 Financial Street, Xicheng District, Beijing, PRC

Website: https://www.psbc.com/

Bank of Communications Limited is the fifth-largest bank in mainland China. Established in 1908, the Bank of Communications claims a long history in China and is one of the banks to have released banknotes in modern Chinese history. It was launched on the Stock Exchange of Hong Kong in June 2005 and the Shanghai Stock Exchange in May 2007. The Bank was named No.151 among Fortune Global 500 in terms of operating income by the Fortune and No.11 among the global top 1,000 banks in terms of Tier 1 Capital rated by the London-based magazine The Banker.

Today, the Bank of Communications is amongst the top 5 largest commercial banks in China and has an extensive network of over 2,800 branches covering over 80 major cities. Apart from Hong Kong, the Bank has also opened overseas branches in New York, Tokyo, Singapore and representative offices in London and Frankfurt. As of end-2002, the Bank had over 88,000 employees and a total asset hitting RMB 5.15 trillion.

Bank of Communications currently holds 236 domestic organs including 30 provincial branches, 7 directly managed branches, 199 sub-branches managed by the provincial branches with 3,529 network organs in over 239 large- and medium-sized cities. In addition, it has created 21 overseas organs including branch banks in Hong Kong, New York, San Francisco, Tokyo, Singapore, Seoul, Frankfurt, Macau, Sydney, and Ho Chi Minh City, BOCOMUK in London, and representative office in Taipei.

According to the ranking announced by the British journal “The Banker” concerning 1,000 worldwide banks in 2011, Bank of Communications ranked 35th for its tier l capital, entering the world's top 50 banks for two straight years. Among the World's Top 500 Enterprises listed by Fortune in 2018, Bank of Communications placed 168th., up by 3 as compared with 2017 and entering the World's Top 500 Enterprises for ten straight years. Bank of Communications is one of the major financial service providers in China with its business scope covering commercial banking, securities, trust, financial leasing, fund management, insurance, offshore financial services, etc.

Founded: 1908

Headquarters: Shanghai, China

Website: https://bankcomm.com

Industrial Bank Co., Ltd. was founded in 1988 in Fuzhou City, Fujian Province, with a registered capital of 20.774 billion yuan and listed on the Shanghai Stock Exchange in 2007. It's China's first Equator Bank and one of the State Council and People's Bank of China's first joint-stock commercial banks. Now a mainstream commercial banking group, it ranks among the top 30 banks in the world and Fortune Global 500 and covers trust, financial lease, funds, futures, asset management, consumer finance, research and consulting, and digital finance.

Industrial Bank follows the "customer-oriented" service idea, supports a multi-channel and multi-market layout, and continuously grows and explores its services. It has 45 tier-one branches (including Hong Kong) and 2032 branch agencies. It has established agent bank relationships with more than 1,400 banks worldwide. It has built agent bank connections with over 1,400 banks worldwide. It developed user-friendly online channels including as online banking, phone banking, mobile banking, and WeChat banking. This has resulted in the formation of a nationwide customer service network that connects domestic and international customers through the use of virtuality and reality, as well as a cross-marketed integrated financial service system that offers both online and offline, local and foreign currency, investment and financing, and offshore services.

Industrial Bank has pursued a differentiated and specialized development path through reform and innovation, achieving many firsts in China's banking market.

Industrial Bank is one of the few Chinese banks with core system research and development skills and independent intellectual property rights. China's largest process robot service and commercial banking information system provider leads financial market technology. Industrial Bank, based on its overall strategic layout and combining its development trends and resource endowments, emphasizes building the technology capability of "connecting everything," constantly focuses on the main industrial trend of Internet financial services, and actively connects scenarios of F (financial institution), G (government), B (enterprise), and C (customer) ends, enabling scenario expansion and ecological interconnection, accelerating the conglomeration.

In recent years, Industrial Bank has started with "commercial banks + investment banks" to strengthen its development capacity in "settlement, investment, and transaction" and deepen its business transformation with "light capital, light assets, and high efficiency." The high-quality development trend continues. As of the end of 2018, Industrial Bank's total assets were 6.71 trillion yuan, up 4.59% from the start of the year; its operating income was 158.287 billion yuan, up 13.08% year-on-year and rising quarter by quarter; its net profit was 60.620 billion yuan, up 5.98%; its non-performing loan ratio was 1.57%, down 0.02% from the start of the year; and the proportion of special-mentioned loans was 2.05%, down 0.26% from the beginning of the year. Industrial Bank coordinated scale, quality, and efficiency.

Industrial Bank will continue to consolidate, and forge differentiated business characteristics and core competitiveness with the "1234" strategic system, embark on a new journey of transformation and development, and strive to become a "First-Class Bank and Century-Old Industry."

Founded: 1988

Headquarters: Fuzhou, Fujian, China

Website: https://www.cib.com.cn

CITIC Securities Company Limited began in October 1995. In 2003, it was listed and traded on the Shanghai Stock Exchange; in 2011, it was listed and traded on the Hang Kong Stock Exchange. It is China's first A+H share-listed securities company, and CITIC Group Corporation is its biggest shareholder. The company's business goal and vision are to implement national strategies, serve the real economy, and support common prosperity. They also want to become the Chinese investment bank that clients worldwide trust the most.

CITIC stocks does business in many different areas, such as stocks, funds, futures, foreign exchange, and bulk commodities. Through its fully licensed integrated activities, CITIC Securities helps the real economy grow in every way and offers a wide range of financial services to corporate, institutional, high-net-worth, and retail clients in China and around the world. It has seven major first-tier companies, with branches in 13 countries worldwide and more than 400 branches in China. ChinaAMC, CITIC Futures, and other important subsidiaries have all stayed at the top of their fields.­

CITIC Securities is the first securities company in China to have assets worth more than RMB1 trillion. This gives them a significant advantage in terms of size. It has been No. 1 in the industry for over ten years regarding key financial measures and has led the market in several different businesses. Over the years, it has built up a firm name and brand in the Chinese market. It has also won many awards from both domestic and international organizations, such as Asiamoney, Financial Times, Forbes, Shanghai Stock Exchange, and Shenzhen Stock Exchange.

Founded: 1995

Headquarters: CITIC Securities Tower, Shenzhen
Website: http://www.cs.ecitic.com/newsite/

China CITIC Bank has the seventh most assets of any bank in China. It was called CITIC Industrial Bank until August 2005, when it got a new name. China CITIC Bank was founded in 1987. It is a commercial bank that works both nationally and abroad. The bank has offices in Hong Kong, Macau, New York, Los Angeles, Singapore, and London and has a strong foothold in the mainland banking business. The bank has 163 stores on the mainland and 1,252 sub-branches, all in areas of China with a strong economy. As of Q4 2021, there were 1,415 branch offices in China.

The Financial Times ranked it 185th among the top 500 corporations by market value in 2010. China CITIC Bank was ranked 67th in the world in terms of tier-1 capital and 72nd in terms of total assets among the "Top 1000 World Banks" published by The Banker magazine in the United Kingdom. With assets of RMB 576 billion (US$71 billion), it is a wholly-owned subsidiary of China International Trust and Investment Corporation (CITIC). The China Financial Certificate Authority recognized the first Chinese bank for online banking.

China CITIC Bank, being a local commercial bank, currently provides a wide range of services, including:

• Finance for individuals Retail banking, credit card and bank card services, wealth management, private banking, savings, personal loans, international financial services, and electronic banking services are all available.
• Banking for corporations' financial organization services, international business, investment banking, supply chain financing, account settlement, small business financing, trading services, cash management, asset management, international settlement, trade financing, capital market business, including foreign exchange businesses, bond businesses, financing and derivative product trading, financial service platforms, and financial solutions.

Founded: 1987

Headquarters: Beijing, Hong Kong, China

Website: https://www.citicbank.com