This bank is a formal bank.

CITIC Bank is one of China's national commercial banks. It was established in 1987 and is headquartered in Beijing. CITIC Bank is a subsidiary of CITIC Group Corporation, a large state-owned comprehensive multinational conglomerate approved by the State Council of China.

CITIC Bank has branches at home and abroad, providing a wide range of financial services, including personal banking, corporate banking, international business, financial market business, etc. In addition, CITIC Bank has also obtained a number of financial business qualifications, such as fund custody qualifications and financial futures comprehensive settlement business qualifications.