China CITIC Bank International
In short, CNCBI, China CITIC Bank International Ltd., is a full-service commercial bank in Hong Kong. CNCBI's controlling shareholder with a 75% shareholding is China CITIC Bank Corporation Limited through its wholly-owned subsidiary CITIC International Financial Holdings Ltd. CNCBI's ultimate parent company is the Beijing-based CITIC Group Corporation.
InMotion, a mobile banking platform from CNCBI, was introduced in 2018. In addition to having a presence abroad, CNCBI maintains 27 branches and two business banking centers in Hong Kong. The CNCBI's total assets were valued at HK$449.50 billion as of June 30, 2022.
The market capitalization of CITIC Bank was $35.16 billion as of March 2023. By market cap, this places CITIC Bank as the 493rd most valuable firm in the entire world. The most recent financial reports from CITIC Bank indicate that the company's current revenue (TTM) is $31.59 billion. The company generated $31.58 billion in revenue in 2021, an increase from $28.30 billion in revenue in 2020.
Founded: 1922
Headquarters: Hong Kong
Website: http://www.cncbinternational.com