China CITIC Bank Corp Ltd - Company Profile
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China CITIC Bank Corp Ltd (CCB) is a provider of banking and related financial services. Adequate capital, non-interest income, and improved asset quality are a few of its key strengths, even as a decline in net interest margin could be a cause for concern. The growing market for payment channels and rising wealth management prospects, strategic activities, short term economic outlook in China, and the emergence of FinTech companies may offer significant growth opportunities to the bank. However, litigation risks, risks related to online identity theft and hacking, and emergence of neobanks may affect the growth of the bank.
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