He was appointed as the president of University of Science and Technology Beijing in 2004 and retired in 2013. Non-interest income similarly sustained positive momentum to contribute 37% of revenue, compared Mr Neoh is the chairman of the remuneration committee, and a member of the audit and risk management committee, the nomination committee and the strategic committee. Share Price Financial Highlights Annual Reports Interim Reports Announcements & Circulars - CK Hutchison rates. Address: 32/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong, PAST PERFORMANCE AND FORWARD-LOOKING STATEMENTS, © var date = new Date();document.write(date.getFullYear()); //获取系统年份 CITIC LIMITED All rights reserved. China CITIC Bank revenue for the twelve months ending June 30, 2019 was $34.041B, a 68.82% increase year-over-year. He served as the chief executive, Asia Pacific Region (ex-Japan) of HSBC Asset Management (Hong Kong) Limited from 1997 to 2003. She was formerly president of China CITIC Bank, general manager of the International Department of Agricultural Bank of China, general manager of Guangxi Branch, and director of the Retail Business Department. Despite these Transaction banking, investment banking, asset custody and international business all performed satisfactorily during the year. Welcome to the China CITIC Bank International. Quan Fu Tong’s total turnover reached RMB1.2 trillion, up 131% over the year. Citi is the leading global bank. He is currently an independent director of Sanken Electric Co., Ltd.. He served as an independent director of Ningbo Donly Transmission Equipment Co., Ltd. from January 2006 to January 2012 and Xinyu Iron & Steel Co., Ltd. from April 2006 to April 2009. ... China CITIC Bank Corporation Limited: Semi-Annual Update. Since the late 1970s, the Bank has evolved from a state-owned specialized bank to a wholly state-owned commercial bank and subsequently a state-controlled commercial bank. Cross-border E-commerce pay was the first among its peers to cover the whole chain of cross-border payment on both the business side and customer side. Annual Report 2017 PDF 2,407KB. Mr Harada is currently a senior advisor at Tokyo Kyodo Accounting Office. China CITIC Bank Corporation Limited 2015 Annual Report 3 SSE Shanghai Stock Exchange Standing Committee of the NPC Standing Committee of the National People’s Congress State Council State Council of the People’s Republic of China Tianan Property Insurance Tianan Property Insurance Company Limited of China Yuan/RMB RMB Yuan State Council State Council of the People’s Republic of China The Group China CITIC Bank Corporation Limited and its subsidiaries The reporting period From 1 January 2017 to 31 December 2017 Xinhu Zhong Bao Xinhu Zhong Bao Co., Ltd. (Note: The definitions are arranged in … Mr Chang is the chairman of the executive committee, the nomination committee and the strategic committee. The asset custody business grew by 23% year-on-year, while mutual fund custody assets reached RMB2.1 trillion, the first in the Chinese banking sector to reach this level. From July 1993 to August 1997, he was seconded to the Ernst & Young London office. As the deleveraging of China’s economy continued and financial regulations tightened, the growth rate of Chinese He is a Postgraduate degree holder. The meeting of the Board of Directors of the Bank adopted the full text and summary of the Bank’s 2019 Annual Report on 26 March 2020. Age 61: Mr Chang is responsible for the leadership and effective functioning of the board, ensuring that key issues are addressed by the board. Address: 32/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong, PAST PERFORMANCE AND FORWARD-LOOKING STATEMENTS, © var date = new Date();document.write(date.getFullYear()); //获取系统年份 CITIC LIMITED All rights reserved. CITIC Bank maintained its strategy of light transformation while continuing to reduce its balance sheet and optimise its structure over the year. adopted the full text and summary of the Bank’s 2016 Annual Report on 22 March 2017. He is currently the senior vice chairman of the CP Group, an executive director and the vice chairman of C.P. Over the year, 1,552 new trust projects began, representing RMB1,075.2 billion of AUM. Its headquarters are in Chaoyang District, Beijing. Age 48: a non-executive director of the Company since 2014. Priority products for the year were private banking, credit cards and personal loans. Its turnover increased by 24% to RMB34.6 billion. China CITIC Bank Co., Ltd. 2016 Corporate Social Responsibility Report 2 Preparation Explanation The 2016 Corporate Social Responsibility Report of China CITIC Bank Corporation Limited is hereinafter referred to as “the Report”. He was appointed as Queen’s Counsel (now retitled as Senior Counsel) in Hong Kong in 1990. If you are reading this text on your screen then either, the style sheet ( CSS ) file has failed to load, in which case you should refresh your screen or, your browser may not support style sheets. From 1996 to 1998, he was chairman of the Technical Committee of the International Organization of Securities Commissions. She is currently executive director and vice president of CITIC Group Corporation, executive director and vice president of CITIC Corporation Limited, and chairperson and executive director of China CITIC Bank. He also previously served as chief advisor to the CSRC, a member of the Hong Kong Special Administrative Region Basic Law Committee under the Standing Committee of the National People’s Congress, chairman of the Hong Kong Securities and Futures Commission, a member of the Hong Kong Stock Exchange Council and its Listing Committee, and chaired its Disciplinary Committee and Debt Securities Group, and Deputy Judge of the Hong Kong High Court. CHCJY: China CITIC Bank Corporation Limited Detailed Estimate. The company was a subsidiary of CITIC Group.However, after a reverse takeover, CITIC Limited (SEHK: 267) became the parent company for 100% stake (via CITIC Corporation Limited and CITIC Industrial Investment Group Corporation Limited). Corporate deposits dropped by 7%, while the deposit cost declined by 8bps to 1.62%, primarily because the bank continued to optimise the deposit mix by increasing lowcost settlement deposits and compressing highcost bank acceptances and negotiated deposits. From July 1980 to December 1988, he worked in Imperial Chemical Industries PLC and stationed in London and Tokyo office. Mr Siu is the chairman of the audit and risk management committee and a member of the remuneration committee, the nomination committee and the special committee. Revenue contribution from financial markets services dropped by 4 percentage points to 7%, mainly due to the shrinking interbank business. From 2002 to March 2010, he was a senior partner of KPMG Beijing Office, and a senior partner of Northern Region, KPMG China. Net interest incomedropped 6% due primarily to the compr… The bank also accelerated the pace of asset transfers in order to release liquidity and better balance risk with return, as well as growing its light-capital and high-return product lines such as credit cards and personal loans. He is currently the vice chairman and president of CITIC Group Corporation and CITIC Corporation Limited. CITIC Trust Co., Ltd. is a Chinese investment management company, with license to create private equity fund (as trust). He is a barrister of England and Wales and admitted to the State Bar of California. Note: CK Hutchison is committed to transparency and good investor relations. He is an independent non-executive director of GuocoLand Limited, China Communications Services Corporation Limited, CGN Power Co., Ltd., China International Capital Corporation Limited and Beijing Gao Hua Securities Company Limited. She graduated from Nankai University in International Finance Programme with a Master’s degree in Economics. The CITIC Group Corporation of … As of the end of 2017, total trust assets under management amounted to RMB1,986.7 billion, of which RMB303.2 billion of assets under management were within its specialised subsidiaries through limited partnerships, asset management vehicles and equity investment funds. People’s Republic of China (hereinafter referred to as the “Commercial Bank Law”), China CITIC Bank Corporation Limited Articles of Association. In 2013, he was awarded the Degree of Doctor of Social Science, honoris causa, by the Open University of Hong Kong and in 2016, he was also awarded the Degree of Doctor of Social Science, honoris causa, by Lingnan University. He is the vice president of The Chinese Society for Metals (中國金屬學會) and the chairman of the Metallurgical Equipment Committee of The Chinese Society for Metals (中國金屬學會冶金設備分會). The company was a subsidiary of CITIC Group.However, after a reverse takeover, CITIC Limited (SEHK: 267) became the parent company for 100% stake (via CITIC Corporation Limited and CITIC Industrial Investment Group Corporation Limited). He is also the vice president of the China Institute for Rural Studies of Tsinghua University, the associate dean of Institute of Global Development of Tsinghua University, the chairman of Related Party Transaction Committee of the board of directors - China Minsheng Investment (Group) Corp., Ltd.. Mr Yang holds a Bachelor’s degree from Jiangxi Institute of Technology and has experience of studying in Japan. Key developments for the year included the launch of the Eco-finance Cloud platform for transaction banking, which recorded turnover of RMB69.6 trillion, a growth of 5% year-on-year. He is also the chairman and independent non-executive director of BHG Retail Trust Management Pte. Essential links. The Bank did not authorise any third-party aggregator online portals or related mobile apps access to the Bank's systems or use of customer information. CITIC e-pay launched new functions such as B2B interbank receivables to further satisfy demand for both C2B and B2B businesses. “AI” Artificial intelligence ... “China CITIC Bank” China CITIC Bank Corporation Limited Additional text has been added to aid users who may be using screen readers to view this site. At the end of 2017, the group manages EUR436.7 billion of outstanding deposits and EUR398.1 billion in outstanding loans. Mr Harada graduated from Chuo University with a Bachelor degree in Commerce in March 1980. China CITIC Bank annual total depreciation and amortization - cash flow for 2017 was $0.416B, a 2.27% increase from 2016. Last updated on 10 January 2018. However, net interest margin widened as the bank better managed its loan pricing and optimised deposit He retired in June 2013. He graduated from Zhongnan University of Finance and Economics (now known as Zhongnan University of Economics and Law) in July 1991 with a Master’s degree in accounting. He was formerly a non-executive director of Global Digital Creations Holdings Limited. Number of employees : 57 045 people. 8 Chaoyangmen Beidajie, Dongcheng District, Beijing, China Postal Code : 100027 China CITIC Bank Corporation Limited If you are reading this text on your screen then either, the style sheet ( CSS ) file has failed to load, in which case you should refresh your screen or, your browser may not support style sheets. He also obtained a Master’s degree in accounting from The George Washington University in May 2000 and a Doctoral degree in economics from the Research Institute for Fiscal Science, MOF in August 2003. He provides the strategic direction for the Company. Mr Liu is a member of the remuneration committee. The products and services are marketed through a network of 1,476 branches worldwide. He has also assumed the membership of the remuneration committee and chairman of the nomination committee of China Mobile Limited in May 2016. Article 2 The Board of Directors is … Mr Pu is the vice president and a member of the executive committee of the Company. Mr. Wu is currently vice president and CFO of Youngor Group Co., Ltd, president of Ningbo Youngor Investment Management Co., Ltd. Annual Reports For the year 2017. He joined KPMG Manchester, UK in 1979 and returned to Hong Kong in 1986 and became a partner of KPMG Hong Kong in 1993. One example was the key online platform “CITIC Interbank+”, which was set up to provide financial institutions with integrated interbank services, including wealth management, trading, agent services and clearing. Age 63: an independent non-executive director of the Company since 2011. dropped 6% due primarily to the compression of the low yield interbank business and higher funding interest 2019 Annual Report China CITIC Bank Corporation Limited. Annual Reports For the year 2016. She is a certified public accountant. CEO Timo Lappalainen's reviews 2017. China CITIC Bank Corporation Limited 中信銀行股份有限公司 ... Webb-site Reports; The results date is the date on which the results were published, as stated in the annual directors' report or quarterly/interim report. CEO Timo Lappalainen's reviews 2015. The full report is usually filed later than results. The Company offers deposits, loans, domestic settlement, currency trading, bank guarantee, and other services. 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