CITIC Bank

According to total assets, China CITIC Bank is the seventh-largest lender in China. Until August 2005, it operated under the name CITIC Industrial Bank. China CITIC Bank is a commercial bank that is both domestically comprehensive and globally focused. It was founded in 1987. The bank retains a substantial presence in the mainland banking sector and has operations in Hong Kong, Macau, New York, Los Angeles, Singapore, and London. The bank runs 1,252 sub-branches in China's economically prosperous regions in addition to its 163 mainland branches. As of Q4 2021, China had 1,415 branch offices in total.

The market capitalization of CITIC Bank was $36 billion as of April 2023. By market cap, this places CITIC Bank as the 496th 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 B. The company generated $31.58 billion in revenue in 2021, an increase from $28.30 billion in revenue in 2020.

Founded: 1987
Headquarters: Beijing, Hong Kong, China
Website: www.citicbank.com