1. Some common banks in China are as follows:
1. Industrial and Commercial Bank of China (a state-owned enterprise):
Industrial and Commercial Bank of China (English name: INDUSTRIAL AND COMMERCIAL BANK OF CHINA, abbreviated as ICBC, abbreviated as ICBC or Industrial and Commercial Bank of China in Chinese) was established on January 1, 1984.
The head office is located at No. 55 Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. The basic mission of ICBC is to raise social funds through domestic and foreign financing activities in accordance with national laws and regulations, strengthen credit fund management, support enterprise production and technological transformation, and serve my country's economic construction.
In February 2017, Brand Finance released the list of the top 500 global brands in 2017, with Industrial and Commercial Bank of China ranking 10th. On June 20, 2018, the "China's 500 Most Valuable Brands" analysis report was released, and ICBC ranked 4th.
In July 2018, the British "Banker" magazine released the list of the top 1000 global banks in 2018, with Industrial and Commercial Bank of China ranking first. In 2018, it ranked 26th among the Fortune Global 500. On December 18, 2018, the "Top 500 World Brands 2018" compiled by the World Brand Laboratory was announced, and ICBC ranked 43rd.
2. Agricultural Bank of China (a state-owned enterprise):
AGRICULTURAL BANK OF CHINA (ABC, Agricultural Bank of China) was established in 1951. The head office is located at No. 69 Jianguomennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit.
The Agricultural Bank of China is an important part of China's financial system. It provides a variety of corporate banking and retail banking products and services, and also carries out financial market business and asset management business. Its business scope also covers investment banking and fund management. , financial leasing, life insurance and other fields.
In February 2017, Brand Finance released the list of the top 500 global brands in 2017, and Agricultural Bank of China ranked 34th. In July 2018, the British "Banker" magazine released the list of the top 1000 global banks in 2018, and Agricultural Bank of China ranked 4th.
In 2018, it ranked 40th among the Fortune Global 500. In December 2018, the World Brand Laboratory released the "Top 500 World Brands 2018" list, in which Agricultural Bank of China ranked 340th.
3. China Construction Bank (state-owned enterprise):
China Construction Bank was established on October 1, 1954. The head office is located at No. 25 Financial Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit.
China Construction Bank’s main business areas include corporate banking, personal banking and treasury services. It has branches and subsidiaries in 29 countries and regions, and owns funds, leasing, trusts, life and property insurance. , investment banking, futures, pensions and other subsidiaries in many industries.
China Construction Bank has a broad customer base and maintains banking business relationships with a number of large enterprise groups and leading enterprises in China's strategic economic industries. Its marketing network covers major regions across the country. On June 30, 2016, the British "Banker" magazine released the "Ranking of the World's 1,000 Largest Banks", and China Construction Bank ranked second. In 2018, it ranked 31st among the Fortune Global 500.
4. Bank of Communications (state-owned enterprise):
Bank of Communications (English name Bank of Communications, referred to as BCM, Chinese name Bank of Communications) was founded in 1908 and is the oldest in China. One of the banks and one of the note-issuing banks in modern China.
On April 1, 1987, the reorganized Bank of Communications officially opened for business and became China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and successfully listed on the Shanghai Stock Exchange in May 2007.
Bank of Communications is one of China's major financial service providers. The group's business scope covers commercial banking, securities, trusts, financial leasing, fund management, insurance, offshore financial services, etc. Bank of Communications has 235 domestic branches, including 30 provincial branches, 7 directly affiliated branches, and 199 provincial branches. It has branches in 239 prefecture-level and above cities and 158 counties or county-level cities*** nationwide. 3,270 business outlets.
It has 7 non-bank subsidiaries, including wholly-owned subsidiaries BoCom Leasing, BoCom Insurance, and BoCom Investment, and holding subsidiaries BoCom Fund, BoCom Guosen, BoCom Life, and BoCom International. . In addition, Bank of Communications is also the largest shareholder of Changshu Rural Commercial Bank and the joint largest shareholder of Tibet Bank. It has strategically invested in Hainan Bank and controls 4 rural banks.
5. China CITIC Bank:
China CITIC Bank (CHINA CITIC BANK), formerly known as CITIC Industrial Bank, was founded in 1987 and changed to its current name at the end of 2005.
CITIC Bank is one of China's national commercial banks, headquartered in Beijing.
The major shareholder is CITIC Corporation of China. Spanish Bank of Spain (Banco Bilbao Vizcaya Argentaria, S.A BBVA) spent 501 million euros (approximately HK$5.02 billion) to purchase 5% of China CITIC Bank’s shares, and may also choose to increase its shareholding in China CITIC Bank to 10.07%.
On April 27, 2007, CITIC Bank was listed on the Shanghai Stock Exchange. CITIC Bank is the seventh largest bank in mainland China, with total assets of more than HK$1.2 trillion, more than 16,000 employees and more than 540 branches.
2. Not all banks in our country are state-owned enterprises. For example, China Construction Bank is a state-owned enterprise; such as China CITIC Bank, it is not a state-owned enterprise.
Baidu Encyclopedia-Industrial and Commercial Bank of China
Baidu Encyclopedia-Agricultural Bank of China
Baidu Encyclopedia-China Construction Bank
Baidu Encyclopedia-Transportation Bank
Baidu Encyclopedia-CITIC Bank