Industrial Bank Co Ltd - Company Profile

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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.

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Headquarters China

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


Telephone 86 591 87824863

No of Employees 66,569

Industry Financial Services

Ticker Symbol & Exchange 601166 (SHA)

Revenue (2022) $59.9B 1.3% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -15.6% (2022 vs 2021)

Market Cap* $46.4B

Net Profit Margin (2022) XYZ -16.7% (2022 vs 2021)

* As of and is in US$
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Industrial Bank Co Ltd premium industry data and analytics

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Industrial Bank Co Ltd (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Industrial Bank Co Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Personal Banking: Personal Banking:
Cards Wealth Management
Deposits Private Banking
XYZ XYZ
XYZ XYZ
XYZ XYZ
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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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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 66,569 197,146 91,210 116,529 61,323
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Lyu Jiajin Chairman Executive Board 2021 55
Tao Yiping President; Director Executive Board 2016 60
Sun Xiongpeng Vice President; Director Executive Board 2021 56
Chen Xinjian Director; Secretary; Vice President Executive Board 2016 56
Xu Lin Director Non Executive Board 2021 51
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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