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Industrial Bank is one of the first joint-stock commercial banks established in Chinese mainland with the approval of People's Bank of China, People's Bank of the State Council and People's Bank of China.
Industrial Bank was established in August 1988. It is one of the first joint-stock commercial banks approved by the People's Bank of the State Council and China. Its head office is located in Fuzhou, Fujian Province, and it was officially listed on the Shanghai Stock Exchange on February 5, 2007 with a registered capital of190.52 million yuan.
The main business scope of Industrial Bank includes:
Absorb public deposits; Issue short-,medium-and long-term loans; Handle domestic and international settlement;
Handle bill acceptance and discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds and financial bonds;
Acting as an agent to issue securities other than stocks; Buying and selling, acting as an agent to buy and sell securities other than stocks;
Asset custody business;
Engage in interbank lending; Buying and selling, acting as an agent to buy and sell foreign exchange; Foreign exchange settlement and sale business; Engaged in bank card business;
Providing letter of credit services and guarantees;
Acting for payment and insurance agency business;
Provide safe deposit box service; Financial consultant, credit investigation, consultation and witness business;
Other businesses approved by China Banking Regulatory Authority.
At present, Industrial Bank has set up 108 branches and 1435 branches in major cities in China. It owns subsidiaries such as Societe Generale International Trust, Societe Generale Financial Leasing, Societe Generale Fund, Societe Generale Consumer Finance, Societe Generale Wealth and Societe Generale Guo Xin Asset Management, forming a modern financial service group with banks as the main body, covering trust, leasing, funds, consumer finance, futures and asset management.
In 20 14, the market position and brand image of Industrial Bank have been steadily improved, ranking among the top 50 global banks (ranked by British Banker magazine), the top 500 global enterprises (ranked by American Fortune magazine) and the top 200 global listed companies (ranked by American Forbes magazine). In the appraisal organized by authoritative organizations at home and abroad, it has successively won the honors of the best Chinese bank, the best strategic innovation bank, the best green bank, the best Internet financial platform bank, the best bank in inclusive finance, the most socially responsible listed company, the China Charity Outstanding Contribution (Unit) Award, and the best employer in China.