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Industrial Bank Co Ltd: Overview

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.

Headquarters China

Address No. 154, Hudong Road, Fuzhou, Fujian, 350014


Telephone 86 591 87824863

No of Employees 62,537

Industry Financial Services

Ticker Symbol & Exchange 601166 (SHA)

Revenue (2021) $62.0B 6.3% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 24.1% (2021 vs 2020)

Market Cap* $51.0B

Net Profit Margin (2021) XXX 16.8% (2021 vs 2020)

* As of and is in US$

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ICT Spend & Tech Priorities

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Products and Services

Products Services
Personal Banking: Personal Banking:
Cards Wealth Management
Deposits Private Banking
XXX XXX
XXX XXX
XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Financing Agreements In September, the company along with other investors invested in Pioneer Thin Film Materials Co., Ltd.
2022 Contracts/Agreements In August, the company and Postal Savings Bank of China signed a comprehensive strategic cooperation agreement to carry out comprehensive cooperation in the fields of inter-bank finance, inclusive finance, green finance, investment banking, trade finance and wealth management.
2021 Contracts/Agreements In December, the company and JA Solar signed a strategic cooperation agreement to jointly contribute to the clean energy industry and jointly contribute to the realization of the national dual-carbon goal.
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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 62,537 190,222 90,654 103,904 59,277
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Lyu Jiajin Chairman Executive Board 2021 54
Tao Yiping Director; President Executive Board 2016 59
Chen Jinguang Director; Vice President Executive Board 2016 61
Chen Xinjian Secretary; Director; Vice President Executive Board 2016 55
Sun Xiongpeng Director; Vice President Executive Board 2021 55
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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