Industrial Bank Co. Ltd
Top 8 in Top 10 Biggest Banks In Asia
The Industrial Bank Co., Ltd. is a Chinese commercial bank headquartered in Fuzhou, Fujian Province. The bank was founded in 1988 with the official name is Fujian Industrial Bank Joint-Stock Corporation, Limited. It was renamed "Industrial Bank Co., Ltd." on March 3, 2003.
The Industrial Bank's primary business operations are as follows:
- Personal Banking: taking deposits, lending, local&international payments and settlements, safety deposit box service, credit cards.
- Corporate Banking: bills acceptance and discounting, issuing of financial bonds, provision of letters of credit and guarantee facilities, insurance sales, collections of payments, bank card business.
- Institutional Banking: agency issuing, cashing&underwriting of government bonds, purchase and sales of government bonds and financial bonds, inter-bank placements and borrowings services, agency service in trading of foreign currencies, settlements&sales of foreign currencies.
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Market cap: $76.37B
Website: https://www.cib.com.cn/en/index.html