Industrial Bank Co Ltd - Company Profile
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Industrial Bank Co Ltd (Industrial Bank) is a provider of personal and corporate banking and financial market solutions. It offers a range of deposit services, loans and mortgages, cards, trade finance, international settlement, industrial finance, investment banking, private banking, and e-banking solutions. Financial markets include asset custody, bank-to-bank cooperation, institutional business, and cooperation with non-banking institutions. It also provides safe deposit lockers, cash management, financial markets, wealth management, and insurance solutions. The bank operates through a network of branch offices, ATMs, and online portals and serves individuals, corporates, institutions, and high net-worth clients in China. Industrial Bank is headquartered in Fuzhou, Fujian, China.
Industrial Bank Co Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Personal Banking: | Personal Banking: |
Cards | Wealth Management |
Deposits | Private Banking |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In October, the company signed an agreement with Tenet Fintech to add payment processing, financing and other Cubeler Business Hub related services. |
2023 | New Products/Services | In July, the company introduced the country’s inaugural central bank digital currency (CBDC)-powered settlement service for bulk commodity spot clearing. |
2022 | Contracts/Agreements | In December, the company along with Bpifrance, the French public investment bank, the Small Industries Development Bank of India and others signed 15 cooperation agreements with the Small and Medium Enterprise Bank of Saudi Arabia increasing financing options for the small and medium enterprises sector. |
Competitor Comparison
Key Parameters | Industrial Bank Co Ltd | Postal Savings Bank of China Co Ltd | Bank of Communications Co Ltd | China Merchants Bank Co Ltd | China CITIC Bank Corp Ltd |
---|---|---|---|---|---|
Headquarters | China | China | China | China | China |
City | Fuzhou | Beijing | Shanghai | Shenzhen | Beijing |
State/Province | Fujian | Beijing | Shanghai | Guangdong | Beijing |
No. of Employees | 69,840 | 191,453 | 91,210 | 111,819 | 61,323 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth

Net Income Growth

Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Lyu Jiajin | Chairman | Executive Board | 2021 | 55 |
Tao Yiping | President; Director | Executive Board | 2016 | 60 |
Sun Xiongpeng | Director; Vice President | Executive Board | 2021 | 56 |
Chen Xinjian | Director; Vice President; Secretary | Executive Board | 2016 | 56 |
Xiao Hong | Director | Non Executive Board | 2021 | 51 |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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