Industrial Bank is one of the first joint-stock commercial banks approved by the People's Bank of China, the State Council and Chinese mainland. Founded on August 22nd, 1988, and headquartered in Fuzhou, Fujian Province.
It owns subsidiaries such as Xingye International Trust, Xingye Financial Leasing, Xingye Fund, Xingye Consumer Finance, Xingye Wealth and Xingye Guo Xin Asset Management, forming a modern financial service group with banks as the main body, covering trust, leasing, funds, securities, consumer finance, futures and asset management.
The content of this article comes from People's Republic of China (PRC) Financial Code: Application Edition by China Law Publishing House.