China Citic Bank Corp Ltd

China CITIC Bank Corporation Limited is a prominent financial institution that delivers a wide array of banking and related services both domestically within the People's Republic of China and across international markets. Its operations are strategically divided into three core business units: Corporate Banking, Personal Banking, and Treasury Operations. The bank's primary offerings encompass receiving deposits, extending credit through corporate and personal loans, and providing specialized financial services. These include acting as a securities agent, facilitating remittances and settlements, issuing guarantees, delivering investment banking solutions, and offering various international financial products. Furthermore, the institution actively engages in capital market activities and inter-bank transactions, which involve dealings in the inter-bank money market, repurchase agreements, diverse investments, trading of debt instruments, as well as derivatives and foreign exchange trading. Beyond traditional banking, China CITIC Bank also provides asset management, finance leasing, and other non-banking financial services. Its diverse client base spans corporations, government bodies, and non-financial organizations, in addition to individual consumers and small-to-medium-sized enterprises. As of December 31, 2021, the bank maintained an extensive network of 1,415 physical locations, composed of 37 first-tier branches, 126 second-tier branches, and 1,252 sub-branches. To further enhance customer access, it operated 1,569 self-service banking units, 5,398 self-service terminals, and 9,078 smart teller machines. Founded in 1987, China CITIC Bank Corporation Limited is headquartered in Beijing, People's Republic of China, and functions as a subsidiary of CITIC Corporation Limited.