With the care and support of Deng Xiaoping, the chief architect of reform and opening up, Hua Xia Bank was established in Beijing in October 1992. In March 1995, it implemented a shareholding system reform; in September 2003, it publicly issued shares and listed them for trading (stock code: 600015), becoming the fifth listed bank in the country.
Since its establishment, Hua Xia Bank has gone through a development journey of strenuous effort and fruitful achievements. As of the end of December 2020, the total asset scale reached 3.40 trillion yuan, an increase of 12.55% over the end of the previous year; the total loan amount was 2.11 trillion yuan, an increase of 12.62% over the end of the previous year; the total deposit amount was 1.82 trillion yuan, an increase of 9.77% over the end of the previous year. Operating income reached 95.309 billion yuan, a year-on-year increase of 12.48%; net profit attributable to shareholders of the listed company was 21.275 billion yuan. The bank's operations have been stable, the structure has continued to improve, new drivers are forming at a faster pace, and momentum has continued to strengthen, showing a development trend of steady progress and steady improvement.
Hua Xia Bank has established 44 tier-one branches and 75 tier-two branches in 119 prefecture-level and above cities across the country, with a total of 1,024 business outlets and nearly 40,000 employees, forming an institutional system of "based in economically developed cities and radiating across the country." In the July 2020 ranking of the world's top 1,000 banks by the British magazine The Banker, Hua Xia Bank ranked 51st globally by tier-one capital and 65th globally by asset scale, up 5 and 2 places respectively from the previous year.
Hua Xia Bank's development vision is to actively implement the five major development concepts of "innovation, coordination, green, openness, and sharing," base itself on serving the real economy, and base itself on creating value for customers and shareholders. With deposit-based development, technology-driven development, talent-driven development, and risk-control-guaranteed development as the fundamental strategic orientation, it adheres to the development directions of specialization, digitalization, light asset operations, professionalization, comprehensiveness, and internationalization, and strives to build itself into a modern financial group that is "large and strong" and "stable and excellent."
While doing a good job in business development, Hua Xia Bank actively fulfills its social responsibilities, strengthens communication and exchanges with customers, shareholders, employees, and other stakeholders, promotes the sustainable development of the enterprise and society and the environment, shapes a good social image, and is committed to becoming a responsible financial institution. It continuously improves service quality and efficiency, protects consumer rights and interests, actively promotes the concept of inclusive finance, advances targeted poverty alleviation through finance, covers more and better financial services for a broader range of financial consumers, and protects vulnerable financial groups. It actively promotes green finance and builds the financial brand of "Green Building for a Beautiful Hua Xia."
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