china citic bank corporation limited annual report 2017

Mr Liu is a member of the remuneration committee. China CITIC Bank annual financial activities - other for 2019 was $2.484B, a 188.88% decline from 2018. Mr. Fang joined China CITIC Bank Corporation Limited in 1996 and was formerly President of Suzhou Branch, President of Hangzhou Branch and Business Director of Financial Markets. Article 2 The Board of Directors is … It was established in 1987 and operates as a subsidiary of CITIC Group Corporation Ltd (formerly the China International Trust and Investment Corporation). (hereinafter referred to as the “Articles of Association”) and the reality of the Bank. Age 71: an independent non-executive director of the Company since 2014. adopted the full text and summary of the Bank’s 2016 Annual Report on 22 March 2017. Number of employees : 57 045 people. Moody's Investors Service Additionally, other businesses such as forex market-making trading, bond trading, debt securities & interest rate derivatives experienced double-digit trading volume growth. He was appointed as Queen’s Counsel (now retitled as Senior Counsel) in Hong Kong in 1990. As the deleveraging of China’s economy continued and financial regulations tightened, the growth rate of Chinese Address: 32/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong, PAST PERFORMANCE AND FORWARD-LOOKING STATEMENTS, © var date = new Date();document.write(date.getFullYear()); //获取系统年份 CITIC LIMITED All rights reserved. What’s more, the bank continued to strengthen its core competency in debt financing and retained its market-leading position in terms of total financing scale. From January 1989 to June 2007, Mr Fujita was a partner of Ernst & Young, LLP Chicago and New York office. Annual Reports For the year 2009. He graduated from Zhongnan University of Finance and Economics (now known as Zhongnan University of Economics and Law) in July 1991 with a Master’s degree in accounting. Welcome to the China CITIC Bank International. Its headquarters are in Chaoyang District, Beijing. CITIC Trust Co., Ltd. is a Chinese investment management company, with license to create private equity fund (as trust). If you are reading this text on your screen then either, the style sheet ( CSS ) file has failed to load, in which case you should refresh your screen or, your browser may not support style sheets. Additional text has been added to aid users who may be using screen readers to view this site. Ltd.. He graduated from School of Public Finance and Taxation of Liaoning Institute of Finance and Economics (now known as Dongbei University of Finance and Economics) with a Bachelor’s degree in public finance and China Europe International Business School of Shanghai Jiao Tong University. From July 1993 to August 1997, he was seconded to the Ernst & Young London office. Annual Reports For the year 2011. He provides the strategic direction for the Company. On 17 April 2018, the board announced the appointment of Mr Shohei Harada as an independent non-executive director and a member of the strategic committee of the Company with effect from 18 April 2018. Age 59: an executive director of the Company since 2015. CEO Timo Lappalainen's reviews 2015. Mr Song is a member of the strategic committee. CITIC Limited previously known as CITIC Pacific is a diversified company with a primary focus on special steel manufacturing, property and iron ore mining, which supplies the raw material needed in the making of special steel and property development in mainland China. He was formerly deputy general manager of CITIC Shanghai Co., Ltd; general manager and chairman of CITIC Shanghai (Group) Co., Ltd; chairman and general manager of CITIC East China (Group) Co., Ltd; assistant president of China International Trust & Investment Corporation; and executive director and vice president of CITIC Group. Mr Fujita graduated from Keio University with a Bachelor degree in Economics in March 1973. Ltd. on 28 February 2017 after completing 4 years of services. Corporate banking: The bank continued to put the focus on high quality customer and serve the real economies. Annual Reports For the year 2016. Mr Harada became a partner of Ernst & Young ShinNihon, LLC in May 1999 and a senior partner in May 2004. Mr. Wu graduated from Zhejiang Open University and holds an Associate degree. From 1996 to 1998, he was chairman of the Technical Committee of the International Organization of Securities Commissions. 2013 Interim Report 2013 Interim Report China CITIC Bank Corporation Limited bank.ecitic.com Block C, Fuhua Mansion, No. As an accounting professional, Mr Fujita has extensive experience in accounting. Welcome to the China CITIC Bank International. rates. Mr Harada joined Tetsuzo Ota & Co. (later became Ernst & Young ShinNihon, LLC) in October 1984, where he performed audit engagements of major banks and real estate companies. The number of mobile banking users in 2017 reached 27.33 million, a year-on-year increase of 40%, while trading volume reached 128 million, up 36%. Over the year, 1,552 new trust projects began, representing RMB1,075.2 billion of AUM. Annual Reports For the year 2010. Annual Reports For the year 2017. 7 China Construction Bank Corporation Annual Report 2019 DEFINITIONS In this annual report, unless the context otherwise requires, the following terms shall have the meanings set out below. Age 60: an independent non-executive director and a member of the strategic committee of the Company with effect from 18 April 2018. Its revenue reached RMB54.4 billion, and the overall contribution increased by 7 percentage points to 35% over the year. Also during the year, CITIC aiBank, a bank set up between CITIC Bank and Baidu, officially opened in November 2017 as an online platform supporting small and frequent trading with payment, financing and asset management services. CITIC Trust Co., Ltd. is a Chinese investment management company, with license to create private equity fund (as trust). 8 Chaoyangmen Beidajie, Dongcheng District, Beijing, China Postal Code : 100027 China CITIC Bank Corporation Limited Annual Report Company Brochure (pdf) Financial Statements pro forma (pdf) Amendment (pdf) Corporate Governance . Citi is the leading global bank. In the credit card business, the total number of cards surpassed 49.57 million, and the balance of credit card loans reached RMB333.7 billion, up 40%, contributing to a total revenue increase of 56% to RMB39.1 billion. with 31% in 2016. China CITIC Bank revenue for the twelve months ending June 30, 2019 was $34.041B, a 68.82% increase year-over-year. CITIC Limited — formerly CITIC … He worked with several posts in MOF as senior staff member, principal staff member, deputy director and director at Department of Industry, Transportation and Finance, director at Economic Trade Department of MOF, deputy inspector at Beijing Supervision & Inspection Office, deputy director at State Equity & Corporate Finance Department and director general at Network Information Center, director general of Department of Treasury and Treasury Payment Center of MOF. He served as the chief executive, Asia Pacific Region (ex-Japan) of HSBC Asset Management (Hong Kong) Limited from 1997 to 2003. Age 56: a non-executive director of the Company since 2014. Mr Liu is a senior accountant. Our CITIC connection. Comprehensive Financials for SHA:601998 China CITIC Bank Corporation Limited CITIC Trust Co., Ltd. is a Chinese investment management company, with license to create private equity fund (as trust). He is a licensed Certified Public Accountant in Japan. Dr Xu is a member of the audit and risk management committee, the remuneration committee and the nomination committee. He was formerly an employee of Trucking Company and the Transportation Bureau of Jurong County in Jiangsu Province. He has held management positions in the financial industry and the general aviation industry for many years, and has over 20 years’ experience in financial institutions, particularly in the securities and trust fields. Welcome to the China CITIC Bank International. End-of-day quote Shanghai Stock Exchange - 08/28: 5.24: CNY ... CHINA CITIC BANK: Announcement of 2019 Annual Results: PU. For the year 2017, revenue was RMB157.2 billion, representing a year-on-year increase of 2%. The full report is usually filed later than results. Mr Wang has a background of more than 20 years in finance and industry, with extensive knowledge and experience particularly in corporate strategy planning, operating management, investment financing, mergers, acquisitions and restructuring. Welcome to the China CITIC Bank International. China CITIC Bank Corporation Limited. Click the report name to open it, where linked. He served as a Vice President of China CITIC Bank Corporation Limited since November 2014 and was further appointed as its President in March 2019. He currently serves as an independent non-executive director of China Mobile Limited, Julius Baer Group Ltd. and Bank Julius Baer Co. Ltd.. The meeting of the Board of Directors of the Bank adopted the full text and summary of the Bank’s 2019 Annual Report on 26 March 2020. Interim Report 2017 PDF 1,752KB. Article 2 These Rules of Procedure shall be binding on the Bank, its shareholders’ Retail banking: The retail customer base continued to improve over the year, particularly among medium- to high-end customers. 2017 Annual Report The Group’s net profit reached US$193 million at the end of 2017, compared with the US$183 million reported in the previous year, growing by 6%. He has also assumed the membership of the remuneration committee and chairman of the nomination committee of China Mobile Limited in May 2016. China CITIC Bank Corporation Limited (“CNCB”) is CITIC Group’s indirectly majority-owned subsidiary. She is currently executive director and vice president of CITIC Group Corporation, executive director and vice president of CITIC Corporation Limited, and chairperson and executive director of China CITIC Bank. China CITIC Bank annual revenue for 2018 was $44.542B, a 8.12% increase from 2017. She is currently the president and chief executive officer of Hotel Shilla Co., Ltd.. She was formerly the president of Corporate Strategy for Cheil Industries and an advisor to Samsung C&T Corporation from December 2010 to December 2015, with the two companies merging to become Samsung C&T Corporation in September 2015. banks’ balance sheets slowed progressively in 2017 and the sector was lack of growth drivers. Ms Lee is a member of the nomination committee. China CITIC Bank annual total depreciation and amortization - cash flow for 2018 was $0.445B, a 6.85% increase from 2017. He is currently an independent director of Sanken Electric Co., Ltd.. China CITIC Bank Corporation Limited (“CNCB”), via its wholly-owned subsidiary CITIC International Financial Holdings Limited, is CNCBI’s controlling shareholder with a 75% stake. The company was a subsidiary of CITIC Group.However, after a reverse takeover, CITIC Limited (SEHK: 267) became the parent company for 100% stake (via CITIC Corporation Limited and CITIC Industrial Investment Group Corporation Limited). Mr Chang is the chairman of the executive committee, the nomination committee and the strategic committee. 2017 Annual Report Bank of China Limited Stock Code : 3988 (Ordinary H-Share) 4601 (Offshore Preference Share) Introduction (BOC: Plan A-annual report-en)502097 28/03/2018 04:18 M28 HKEX E>C Bank of China is the Bank with the longest continuous operation among Chinese banks. He was formerly an independent non-executive director of Hua Xia Bank Co., Limited, Beijing Hualian Hypermarket Co., Ltd., Hop Hing Group Holdings Limited, Shunfeng International Clean Energy Limited, and China Huishan Dairy Holdings Company Limited. CEO Timo Lappalainen's reviews 2016. The consolidated financial statements of CITIC Limited (the “Company”) and its subsidiaries (the “Group”) set outon pages, which comprise: 1. the consolidated balance sheet as at 31 December 2017; 2. the consolidated income statement for the year then ended; 3. the consolidated statement of comprehensiv… CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. From July 1980 to December 1988, he worked in Imperial Chemical Industries PLC and stationed in London and Tokyo office. Age 56: a non-executive director of the Company with effect from 20 March 2018. He is also the vice president of the China Institute for Rural Studies of Tsinghua University, the associate dean of Institute of Global Development of Tsinghua University, the chairman of Related Party Transaction Committee of the board of directors － China Minsheng Investment (Group) Corp., Ltd.. Mr Yang holds a Bachelor’s degree from Jiangxi Institute of Technology and has experience of studying in Japan. CITIC Bank was also included in the first group of market makers joining Bond Connect. CITIC e-pay launched new functions such as B2B interbank receivables to further satisfy demand for both C2B and B2B businesses. China CITIC Bank Corporation Limited ... Webb-site Reports; The results date is the date on which the results were published, as stated in the annual directors' report or quarterly/interim report. Get the latest Detailed Estimate from Zacks Investment Research. She is a certified public accountant. “AI” Artificial intelligence “AML” Anti-money laundering “ABC” Agricultural Bank of China Limited “Bank” China Construction Bank Corporation Priority products for the year were private banking, credit cards and personal loans. People’s Republic of China (hereinafter referred to as the “Commercial Bank Law”), China CITIC Bank Corporation Limited Articles of Association (hereinafter referred to as the “Articles of Association”) and the reality of the Bank. Citi strives to create the best outcomes for our clients and customers with financial solutions that are simple, creative and responsible. Additional text has been added to aid users who may be using screen readers to view this site. Lotus Corporation, CEO of CT Bright Holdings Limited, a nonexecutive director of Ping An Insurance (Group) Company of China, Ltd. and a non-executive director of Tianjin Binhai Teda Logistics (Group) Corporation Limited. She worked with several posts in MOF as staff member, senior staff member, principal staff member, deputy director, director, assistant inspector, deputy inspector and chief inspector in Jiangxi Supervision & Inspection Office and Ningbo Supervision & Inspection Office. Total returns are measured from the latest of the start date, the appointment date and 3-Jan-1994 until the earliest of the end date, the … The full report is usually filed later than results. CITIC Group Corporation is a large conglomerate with a portfolio of financial and non-financial businesses. Please click here for more information. At the end of 2017, the group manages EUR436.7 billion of outstanding deposits and EUR398.1 billion in outstanding loans. For the year 2017, revenue was RMB157.2 billion, representing a year-on-year increase of 2%. He also previously served as the chairman of the board of China CITIC Bank Corporation Limited (“China CITIC Bank”) and resigned as non-executive director of China CITIC Bank with effect from 5 January 2018. She was formerly president of China CITIC Bank, general manager of the International Department of Agricultural Bank of China, general manager of Guangxi Branch, and director of the Retail Business Department. MarketScreener Homepage > Equities > Shanghai Stock Exchange > China CITIC Bank Corporation Limited 601998 CNE1000000R4 CHINA CITIC BANK CORPORATION LIMITED (601998) China CITIC is one of the ten largest commercial banks in China. He has established Fujita Noriharu Accounting Firm since July 2013. Price US$ 200.00 | Buy this Report Now. CITIC Bank will continue to apply the latest Fintech to financial services, speed up digital channel building, strengthen online payment and crossover cooperation with tech companies. If you are reading this text on your screen then either, the style sheet ( CSS ) file has failed to load, in which case you should refresh your screen or, your browser may not support style sheets. (1) Including China CITIC Bank, China Merchants Bank, China Minsheng Bank, Industrial Bank, Shanghai Pudong Development Bank, China Everbright Bank, Huaxia Bank, Ping’an Bank, Guangdong Development Bank, China Zheshang Bank, China Bohai Bank and Evergrowing Bank. Mr Pu is a researcher and a graduate of Fordham University with a Master’s deg. Download this Report Log on to CITIC Bank Scan this and CITIC Bank is at your hand ! People’s Republic of China (hereinafter referred to as the “Commercial Bank Law”), China CITIC Bank Corporation Limited Articles of Association. Report details provided by GRI's Data Partner: GoldenBee CSR Consulting. She graduated from Nankai University in International Finance Programme with a Master’s degree in Economics. He was formerly vice president of CITIC Securities Co., Ltd; vice chairman of China Offshore Helicopter Co., Ltd; president of CITIC Offshore Helicopter Co., Ltd; director of CITIC Group; president and chairman of CITIC Trust Co., Ltd. All these companies herein-before are affiliates of the Samsung Group. Mr Liu is currently director-general of Equity & Fixed-Income Investment Department of the National Council for Social Security Fund. Company/Agency Name: China CITIC Bank Corporation Limited / RR Donnelley Roman Financial: Company/Agency Web Site: www.ecitic.com / asiafinancial.rrd.com: Annual Revenue: $10+ billion: Employee Base: 10,000+ Employees: Core Industry: Mr Liu has a Doctorate degree in economics from the School of Economics at Renmin University of China. He also serves on the Audit & Supervisory Board for The Nation Federation of Agricultural Cooperative Association (ZEN-NOH). China CITIC Bank Corporation Limited is hereinafter referred to as “the Bank… He served as deputy manager and manager of the Financial Department of Ningbo Youngor Garment Processing Co., Ltd, director of CITIC Securities Co., Ltd., director of Ningbo Yak Technology Industrial Co., Ltd and director of Guangbo Group Stock Co., Ltd. Mr. Wu has engaged in industries for more than thirty years and has accumulated rich experience in financial management. Comprehensive Financials for HKG:998 China CITIC Bank Corporation Limited Ms Li is a senior economist with over 30 years’ experience in the banking industry, with particular emphasis on international business and retail business. Share Price Financial Highlights Annual Reports Interim Reports Announcements & Circulars - CK Hutchison The structure of corporate banking business was continued to be adjusted while its revenue declined 4% to RMB87.1 billion. He retired as the chairman of Hong Kong Cyberport Management Company Limited on 4 June 2016 after completing 6 years of services as well as a member of the Asian Advisory Committee of AustralianSuper Pty. In 2013, he was awarded the Degree of Doctor of Social Science, honoris causa, by the Open University of Hong Kong and in 2016, he was also awarded the Degree of Doctor of Social Science, honoris causa, by Lingnan University. CITIC Bank is a joint-stock commercial bank in China engaged in corporate banking, retail banking and financial markets services. Mr Pu is the vice president and a member of the executive committee of the Company. China CITIC Bank Corporation Limited 2015 Annual Report 3 SSE Shanghai Stock Exchange Standing Committee of the NPC Standing Committee of the National People’s Congress State Council State Council of the People’s Republic of China Tianan Property Insurance Tianan Property Insurance Company Limited of China Yuan/RMB RMB Yuan 2015corporate social responsibility report china citic bank co ltd corporation limited 2016 corporate 2015 interim annual results announcement Age 63: an independent non-executive director of the Company since 2011. ... For the year 2012. China CITIC Bank Corporation Ltd (CNCB) is a Chinese government owned bank headquartered in Beijing. Queen ’ s financial markets services ( hereinafter referred to as the chairman of the Company 2016! 2017 was $ -2.619B, a 68.82 % increase from 2017 from 2000 to 2002, he audit. Commerce in March 1973 CITIC Bank annual total depreciation and amortization - cash flow for 2018 was $ 44.542B a... 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Accelerated asset securitisation over the year and accelerated asset securitisation over the year from 2016 accounting,...
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