Extended information:
China's four major banks refer to four large state-owned banks directly controlled by the state (Ministry of Finance and Central Huijin Company), [1-2] specifically including: China Industrial and Commercial Bank, China Agricultural Bank, China Bank and China Construction Bank (Industry, Agriculture, China and Construction), also known as the four major banks of the central government.
the four major state-owned banks have gone through the stage of specialized banking with their own division of labor at the beginning of the founding of the People's Republic of China, and in the new century, they have basically become comprehensive large-scale listed banks, and all of them are among the top 5 enterprises in the world. Today, the business scope of the four major banks is no longer single, and they are moving towards the goal of comprehensive, international and modern large commercial banks.
I. Industrial and Commercial Bank of China
China Industrial and Commercial Bank of China (ICBC) was established on January 1, 1984, and its head office is located at No.55 Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government. With the largest customer base in China, it is one of the largest commercial banks in China and one of the top 5 enterprises in the world.
On January 29th, 214, China Industrial and Commercial Bank signed a share purchase agreement, China Industrial and Commercial Bank agreed to purchase 6% of the issued shares of Standard Bank London Holdings Limited, and standard bank group ltd Limited signed the share purchase agreement as the guarantor of Standard Bank London's obligations under the share purchase agreement. In December 214, China Industrial and Commercial Bank acquired the approval of China Banking Regulatory Commission, UK Prudential Supervision Bureau and South African Reserve Bank.
On June 22nd, 216, the World Brand Conference hosted by World Brand Lab was held in Beijing. At the conference, the analysis report of the 13th China 5 Most Valuable Brands was released, and ICBC ranked among the top three. [15] In August, ICBC ranked 4th among the top 5 Chinese enterprises in 216. In February 217, Brand Finance released the list of the top 5 brands in the world in 217, and China Industrial and Commercial Bank ranked 1th.
Industrial and Commercial Bank of China
A shares of Shanghai Stock Exchange: Industrial and Commercial Bank of China (61398).
2. AGRICULTURAL BANK OF CHINA
The Agricultural Bank of China (ABC) was first established in 1951, and its head office is located at No.69 Jianguomen Inner Street in Beijing, which is a large state-owned bank managed by the central government. Headquartered in Beijing, it is an important part of China's financial system and one of the world's top 5 enterprises. It ranks among the top 7 in the "Global Top 1 Banks" and Moody's credit rating is A1. On July 15th and 16th, 21, A shares and H shares of Agricultural Bank of China were successfully listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, respectively, and their total market value ranked fifth among listed banks in the world. In 215, it was ranked 23rd among the top 5 Chinese brands sponsored by China Brand Value Research Institute.
in p>215, the cumulative amount of cross-border RMB settlement was nearly 2 trillion yuan, including 23.9 billion yuan for cross-border RMB fund settlement through "Hong Kong Stock Connect", and 13 billion yuan was collected for cross-border RMB two-way fund pools of 116 multinational group enterprises, providing investment in the inter-bank bond market and RQFII custody services for many overseas institutions. [26] On July 2th, 216, Fortune released the latest list of the world's top 5, and China Agricultural Bank ranked 29th. In August, China Agricultural Bank ranked 7th among the top 5 Chinese enterprises in 216. In February 217, Brand Finance released the list of the top 5 brands in the world in 217, and China Agricultural Bank ranked 34th.
Agricultural Bank of China
A shares of Shanghai Stock Exchange: Agricultural Bank (61288).
III. BANK OF CHINA
Bank of China (BOC) was formally established on February 5, 1912 with the approval of Dr. Sun Yat-sen. The head office is located at No.1 Fuxingmennei Street in Beijing, which is a large state-owned bank managed by the central government. Bank of China is a note-issuing bank in Hong Kong and Macau, covering commercial banks, investment banks, insurance and aviation leasing. It has holding financial institutions such as Bank of China International, Bank of China Investment, Bank of China Fund, Bank of China Insurance, Bank of China Hong Kong, etc., and provides financial services to individuals and corporate customers worldwide.
Bank of China is the only bank in China that has been operating continuously for more than 1 years, and it is also the most global and diversified bank in China, with institutions in China Mainland and 51 countries and regions. Mainly engaged in commercial banking business, including corporate finance business, personal finance business and financial market business. In July 213, The Banker magazine published the ranking of "1 Big Banks in the World" in 213, ranking 9th, which was consistent with the ranking in 212. In addition, the World Brand Lab released the ranking results of "China 5 Most Valuable Brands" in 212, and Bank of China ranked 1th with a brand value of 88.516 billion yuan, one place higher than that in 211, ranking second in the banking industry. On November 12th, 214, Bank of China signed an agreement with Commerzbank, the second largest bank in Germany, to provide customers with RMB payment directly from Frankfurt in the future.
On July 2th, 216, Fortune released the latest list of the world's top 5, and Bank of China ranked 35th. In August, Bank of China ranked 8th among the top 5 Chinese enterprises in 216. In February 217, Brand Finance released the list of the top 5 brands in the world in 217, and Bank of China ranked 29th. In June 217, the "Top 1 BrandZ Most Valuable Global Brands in 217" was published, and Bank of China ranked 94th.
Bank of China
A shares of Shanghai Stock Exchange: Bank of China (61988)
IV. China Construction Bank
China Construction Bank (CCB) was established on October 1, 1954. The head office is located at No.25 Financial Street in Beijing, which is a large state-owned bank managed by the central government. Its main business areas include corporate banking, personal banking and treasury business. There are 14,121 branches in mainland China (in 212), branches in Hongkong, Taiwan Province and Melbourne, and subsidiaries such as CCB Fund, CCB Leasing, CCB Trust, CCB Life Insurance, Sino-German Housing Savings Bank, CCB Asia, CCB London, CCB Russia, CCB Dubai and CCB International. China Construction Bank has a broad customer base, maintains banking business ties with many large enterprise groups and leading enterprises in China's economic and strategic industries, and its marketing network covers major regions of the country. At the end of June 213, its market value was US$ 176.7 billion, ranking fifth among listed banks in the world.
On July 2th, 216, Fortune released the latest list of the world's top 5, and China Construction Bank ranked 22nd. [46] In August, China Construction Bank ranked 5th among the top 5 Chinese enterprises in 216. In February 217, Brand Finance released the list of the top 5 brands in the world in 217, and China Construction Bank ranked 14th.
China Construction Bank
A shares of Shanghai Stock Exchange: China Construction Bank (61939).