Industrial Bank Co., Ltd. (abbreviated as Industrial Bank) was established in August 1988, with its head office located in Fuzhou City, Fujian Province. It is one of the first batch of joint-stock commercial banks approved by the State Council and the People's Bank of China, and also China's first Equator Bank. It was officially listed on the Shanghai Stock Exchange on February 5, 2007 (stock code: 601166). Currently, with a registered capital of RMB 19.052 billion, it has developed into a national joint-stock commercial bank with sound governance, distinctive features, strong strength and excellent services, and has firmly ranked among the global top 50 banks.
The main business scope of Industrial Bank includes: absorbing public deposits; granting short-term, medium-term and long-term loans; handling domestic and international settlements; handling acceptance and discount of bills; issuing financial bonds; acting as agent for the issuance, payment and underwriting of government bonds; buying and selling government bonds and financial bonds; acting as agent for the issuance of securities other than stocks; buying and selling, and acting as agent for buying and selling securities other than stocks; asset custody business; engaging in interbank lending; buying and selling, and acting as agent for buying and selling foreign exchange; settlement and sale of foreign exchange; engaging in bank card business; providing letter of credit services and guarantees; acting as agent for collection and payment of funds and acting as agent for insurance business; providing safe deposit box services; financial advisory, credit investigation, consulting and witness business; other businesses approved by the China Banking Regulatory Commission.
Over more than 20 years since its opening, Industrial Bank has always adhered to the business philosophy of "sincere service, growing together", committed to providing customers with comprehensive, high-quality and efficient financial services, adhered to the path of differentiated development, and continuously enhanced its operational strength. As of December 31, 2015, the total assets of Industrial Bank reached RMB 5.30 trillion, achieving operating income of RMB 154.348 billion, and a net profit attributable to shareholders of the parent company of RMB 50.207 billion for the whole year.
At present, Industrial Bank has established 119 branches and 1,787 sub-branches in major cities across the country, established correspondent bank relationships with more than 1,500 banks worldwide, and established online banking "Online Industrial Bank" (*), telephone banking "95561", mobile banking "Wireless Industrial Bank" (*) and direct banking (*
The process of integrated and group-based operation has been steadily advanced. It has successively established Industrial International Trust, Industrial Financial Leasing, Industrial Fund, Industrial Consumer Finance, Industrial Research, Industrial Digital Finance and other institutions, becoming one of the domestic commercial banks with the most financial licenses. It currently has 9 major business licenses, 4 directly controlled (wholly-owned) subsidiaries, 6 indirectly controlled subsidiaries, and equity investments in 5 companies. It has gradually evolved from a single bank into a modern financial services group with the bank as the parent, covering trust, leasing, fund, consumer finance, futures, asset management, research and consulting, digital finance, etc.
Market position and brand image have been steadily improved. In the 2015 Top 1000 World Banks ranking by the British magazine The Banker, Industrial Bank ranked 36th by Tier 1 capital; in the 2015 Forbes Global 2000 ranking of listed companies, Industrial Bank ranked 73rd; in the 2015 Fortune Global 500, Industrial Bank ranked 271st, firmly ranking among the global top 50 banks, the global top 100 listed companies, and the world's top 500 enterprises. At the same time, in various evaluations organized by authoritative institutions at home and abroad, it has successively won many awards such as "Best Chinese Bank", "Best Strategic Innovation Bank", "Best Green Bank", "Asian Sustainable Bank Award Champion", "Annual Financial Holding Group", "Best Inclusive Finance Bank", "Outstanding Board of Directors of Chinese Listed Companies (Main Board)", "Best Asian Bank for Shareholder Returns", "Most Socially Responsible Listed Company", "China Charity Outstanding Contribution (Unit) Award", "China Best Employer", etc.
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