After the founding of New China, after three years of national economic recovery, China began to implement the first five-year plan in 1953 and launched a large-scale economic construction. In order to strengthen the management of national capital construction funds, the People's Construction Bank of China was formally established on October 1, 1954 with the approval of the State Council of the Central People's Government. In the following 2 years, China Construction Bank, as a national specialized bank, mainly handled national capital construction funds, managed and supervised the use of capital construction funds determined by the national plan, and made outstanding contributions to improving investment efficiency and accelerating national economic construction and development.
-Since the mid-198s, in order to meet the requirements of economic and financial system reform and economic development, China Construction Bank has successively launched cash cashier, resident savings, fixed assets loans, working capital loans for industrial and commercial enterprises, international finance, housing loans and various entrusted agency services. By opening all kinds of commercial banking services for the public, the functions of banks have been enriched and a solid foundation has been laid for the transition to modern commercial banks.
-In 1994, in accordance with the requirements of the national investment system reform, China Construction Bank transferred its financial functions and policy-based capital construction loans to the Ministry of Finance and China Development Bank respectively, and no longer performed its administrative and policy-oriented business functions, thus taking an important step in the transition to a modern commercial bank.
-On March 26th, 1996, the People's Construction Bank of China officially changed its name to China Construction Bank (CCB), and launched its emblem, thus stepping onto the social and economic stage with a brand-new image.
-In the new century, on the basis of consolidating the deposit and loan business, China Construction Bank has opened up markets, optimized its structure, vigorously developed intermediary business and actively intervened in merchant banking business. More and more financial products are constantly pushed to the society to serve our customers.
-Facing the new situation and new market, CCB will continue to deepen reform, forge ahead, and strive to build a modern commercial bank with perfect governance structure, sound operating mechanism, clear business objectives, good financial status and strong international competitiveness.
-CCB has business offices all over the country. At present, China Construction Bank has 38 tier-one branches in China, about 21, branches and outlets, nearly 9, ATMs and more than 26 full-featured self-service banks, with 41, employees. The total assets are 3,83.22 billion yuan, and the owner's equity is 17.63 billion yuan. In July, 22, it ranked 28th in the ranking of tier-one capital of 1, big banks in the world by British Banker magazine.
-The function of China Construction Bank is comprehensive and innovative. Not only does it have advantages in traditional business fields such as capital construction loan, working capital loan, real estate finance, project cost consultation, project financing, trade financing, investment consultation, financial consultancy, etc., but it also constantly explores new marketing channels, and has successively opened intermediary businesses such as agency, guarantee, consulting and fund custody, and developed new products such as bank cards and online banking by means of information technology. Product categories have developed from deposit, loan and settlement in the past to more than ten categories and hundreds of varieties such as bank card products, electronic banking products, agency business products and capital products. China Construction Bank's products and services constantly span the traditional business and service fields, and expand into newer fields with the help of technology and network advantages.
-China Construction Bank is moving towards modernization and internationalization with vigorous steps. It has set up overseas branches in Hongkong, Singapore, Frankfurt, Johannesburg and Tokyo, and representative offices in London, new york and Seoul. It has established correspondent bank relations with more than 7 banks in more than 8 countries (regions) in the world, and maintained close business contacts with more than 1, investment banks, insurance companies, governments (central banks and ministries of finance) and multilateral financial institutions in the international financial market, forming a network all over Europe, America and Oceania.
-China International Finance Corporation, which is controlled by China Construction Bank, provides customers with a variety of financial services focusing on investment banking.
-China Construction Bank pays attention to people's livelihood and provides a series of high-quality, convenient and thoughtful personal financial services for ordinary people. From local and foreign currency savings and deposits for individual customers to a series of remittance and payment services; From food, clothing, housing and transportation to investment and financial management, China Construction Bank has entered people's lives more and more deeply.
-China Construction Bank takes the lead in undertaking the financial business of housing reform nationwide, and personal housing loans have long been in the leading position in the field of real estate finance in China. Accumulated support for more than 5 million residents to realize their dream of buying a house. With the comprehensive promotion of personal housing loan brand "Happy Home", the service concept of "to buy a house and go to CCB" is more deeply rooted in people's hearts.
-China Construction Bank has also taken the lead in launching a series of services such as automobile consumption loans, student loans and decoration loans in China, thus fulfilling people's life dreams.
-"Longka", as a well-known service brand in the domestic industry, has won wide recognition and praise from customers. The cumulative number of cards issued exceeds 12 million, ranking first among domestic peers. There are 85, special merchants in Longka, and the telephone services of Longka IC card and IP card have been opened.
-China Construction Bank has always followed the progress of high-tech information technology and continuously expanded the field of financial services. The capital settlement system of China Construction Bank has the characteristics of safety, rapidity and high efficiency. It has realized the integration of remittance, clearing, account reconciliation, inquiry and monitoring, and is at the leading level among domestic peers. "Important Customer Service System" can provide customized services for customers such as group enterprises, multinational companies, financial peers and government departments. Personal electronic remittance brand product "Express Huitong" has realized that personal electronic remittance arrives in the account within 24 hours, and urgent remittance arrives in the account within two hours, which has brought great convenience to the rapid flow of personal funds.
-China Construction Bank acts as an agent for RMB capital settlement, securities capital settlement and other fist products with excellent quality and complete functions. Acting as a central financial settlement business is unique. The securities business system is advanced in technology, safe and efficient. It acts as an agent for more than 1 securities institutions and is one of the important clearing banks in Shanghai and Shenzhen stock exchanges. Acting as an agent to provide capital settlement services for more than 1 commercial banks including foreign banks in capital settlement.
-The online banking, mobile banking and telephone banking networks developed by CCB can break through the time and geographical restrictions and provide customers with safe, fast and personalized services.
Bank of China
China Bank was approved by Sun Yat-sen in 1912, and it is the oldest bank in China. At present, China Bank is a leading international bank in China, with branches all over the world, and its business includes comprehensive financial services including traditional commercial banks, investment banks and insurance businesses.
During the 37 years from the establishment of Bank of China to the founding of the People's Republic of China in 1949, Bank of China was first the central bank of the country and then became an international exchange bank. Starting from the establishment of a private bank, China Bank opened up the market in a difficult environment, established its reputation and embodied its entrepreneurial spirit. In the following historical periods, China Bank never stopped fighting various problems and pressures in the face of political changes and fierce competition between Chinese and foreign banks. Before liberation, China Bank had an extremely important position in China banking industry with its excellent performance, and wrote an indelible chapter in the history of modern banking in China.
Since 1949, China Bank has become the only specialized foreign exchange and foreign trade bank designated by China. China Bank has made great contributions to the national economic construction and development by promoting the development of international trade and foreign direct investment in China. After the financial system reform in 1994, China Bank became a state-owned commercial bank, and became the pillar of the national financial industry together with three other state-owned commercial banks. In 1994 and 1995, China Bank became a note-issuing bank in Hongkong and Macau respectively.
The main business of China Bank is traditional commercial banking, including corporate business, retail business and financial institution business. Based on the core credit products of banks, the company is committed to providing personalized and innovative financial services to customers. Retail business mainly aims at the financial needs of individual customers of banks and provides a full set of services based on the Great Wall Card. The business of financial institutions is to provide comprehensive services such as international exchange, capital settlement, interbank lending and custody for other banks, securities companies and insurance companies around the world.
to meet the development trend of international financial industry, China Bank has expanded its business scope to investment banking and insurance business on the basis of consolidating its traditional commercial banking business. As a wholly-owned subsidiary of Bank of China, BOC International has become the most successful investment bank in China overseas, with the longest history, the most assets under management, the widest distribution channels and the most experienced professionals. Bank of China is constantly striving to develop into an international big bank that can provide comprehensive financial products and services.
In order to improve its competitive advantage, Bank of China has taken a series of reforms around establishing a good corporate governance mechanism since the beginning of 2. In 21, Bank of China successfully reorganized the Bank of China Group in Hong Kong and merged 1 member banks to form the locally registered "Bank of China (Hong Kong) Limited". On July 25th, 22, the restructured Bank of China (Hong Kong) Limited was successfully listed on the Hong Kong Stock Exchange, becoming the first state-owned commercial bank listed overseas in China.
In p>22, Bank of China continued to be the most profitable bank in China, with an operating profit of 52.7 billion yuan before provisions and historical burdens, up 27.1% year-on-year. After deducting the listing income of BOC in Hong Kong, the actual operating profit was 47.2 billion yuan. By the end of 22, the total assets of China Bank Group were RMB 3,593.9 billion, and the owners' equity was RMB 219.7 billion. There are 12,9 domestic institutions and 581 overseas institutions in 26 countries and regions. The total number of employees is 192,468. In the ranking of tier 1 capital by Banker magazine, Bank of China ranked 11th; Among the 25 largest banks in emerging markets in the world ranked by Euromoney magazine by owner's equity, Bank of China ranks first.
In recent years, the reputation and status of China Bank have steadily increased. Bank of China has been selected as a Fortune Global 5 enterprise for 14 consecutive years; In 22, it was rated as "the best bank in China" and "the best domestic commercial bank in China" by Eurocurrency and Assets respectively. It was named "Best Trade Finance Bank in China in 22" and "Best Foreign Exchange Bank in China in 22" by Global Finance magazine. After the reorganization and listing, BOC Hong Kong won 1 important awards such as Investor Relations, Best IPO Investor Relations Award and Asian Finance, Best Transaction and Best Privatization Award.
On February 5th, 22, China Bank celebrated its 9th birthday. Ninety years of ups and downs have created an outstanding reputation of China Bank at home and abroad, and created a fine tradition of China Bank's reputation first and innovation. China Bank will continue to reform and innovate, and constantly pursue new success. China Bank, which has a history of 9 years, is bound to glow with new vitality and write a new and more magnificent historical chapter.
China Industrial and Commercial Bank
China Industrial and Commercial Bank was established in 1984 and is the largest commercial bank in China. Through the reform and development in recent years, ICBC has stepped into the track of coordinated development of quality, efficiency and scale. By the end of 22, the total assets were nearly 4.8 trillion yuan, accounting for a quarter of the total domestic assets of China commercial banks, and in 22, it created an operating profit of 44.9 billion yuan. China Industrial and Commercial Bank has the largest customer base in China, with about 1 million individual customers and 8.1 million legal person customers. More than 22, outlets and more than 4, employees provide high-quality and efficient services to customers.
China Industrial and Commercial Bank has a wide range of business and a large volume of business. At the end of 22, it became the only bank in China with a deposit balance exceeding 4 trillion yuan and a loan balance of nearly 3 trillion yuan. ICBC's RMB settlement market share is 45%, and its clearing share in the securities and futures markets remains above 5%. In 22, it handled RMB settlement business of 1 trillion yuan. While the traditional advantageous business is developing steadily, the new business is growing strongly. In personal housing mortgage loans, bank cards, fund operations, fund custody and other business areas, all in the leading position in the industry. At the end of 22, the balance of personal consumption loans of China Industrial and Commercial Bank reached 33 billion yuan, and the market share of personal housing loans ranked first in China. Through the reform of management mechanism, the number of peony cards issued was nearly 8 million at the end of 22, and the consumption was 68.5 billion yuan; The capital operation business has become a new business highlight of ICBC. In 22, the bank realized more than 87 billion yuan in bill transactions and the balance of bond assets exceeded 8 billion yuan at the end of 22, making it the "leader" in the domestic bond market. Industrial and Commercial Bank of China is also the largest fund custodian bank in China. By the end of 22, there were 2 custody funds, with assets exceeding 3 billion yuan, ranking first in the industry for five consecutive years.
China Industrial and Commercial Bank has an internationally advanced computer network and technology platform. In 22, the three major scientific and technological projects of China Industrial and Commercial Bank achieved fruitful results. The project in the data set was successfully completed, the business integrated system was fully put into operation, and the results of data warehouse construction showed initial signs, which greatly improved the informationization level of ICBC's management and financial services and promoted the process of commercialization reform. With the strong support of scientific and technological means, ICBC's various businesses are constantly innovating. New financial products and brands such as Bank-Securities Link, Bank-Insurance Link, Remittance Express, Cash Management, Personal Cheque Express, Factoring Business, Wealth Management Account, Financial E-Channel and Foreign Exchange Link are continuously launched; The service level has been significantly improved, and the pattern of coordinated operation between physical outlets and self-service has been formed. The three-dimensional service system of e-banking composed of self-service, telephone banking, mobile banking and online banking is becoming more and more mature. At the end of 22, there were more than 3 cities with cross-border bank cards and online banking, with 4 million individual customers of online banking and 1 million individual customers of telephone banking. In 22, the transaction volume of e-banking reached more than 8.7 trillion yuan, and online banking.
China Industrial and Commercial Bank is also a big international bank. There are 71 branches and holding banks in major international financial centers around the world, and there are 12 overseas correspondent banks at the end of 22. At the end of 22, the total foreign exchange assets of China Industrial and Commercial Bank were US$ 49.9 billion, and the annual international business settlement volume was US$ 118.6 billion.
The business performance of China Industrial and Commercial Bank has attracted worldwide attention. China Industrial and Commercial Bank was named "the best bank in China" by the famous financial magazines The Banker in Britain and Global Finance in the United States for three consecutive times. Banker magazine ranks 1 big banks in the world according to Tier 1 capital, and China Industrial and Commercial Bank has been in a row.