601166 Industrial Bank
WatchlistAbout Industrial Bank Company
The company (“Industrial Bank” for short) was founded in 1988 in Fuzhou, Fujian Province, at the forefront of China's reform and opening up, and was listed on the Shanghai Stock Exchange in 2007. After 35 years of continuous hard work and steady development, it has become a systemically important bank in China and the 10th designated digital yuan operator in the country. It has steadily ranked in the top 20 of the top 1000 global banks in the UK's “Banker” and the top 200 of the “Fortune” World 500. The Mingsheng ESG Rating has been ranked A, the highest rating in the Chinese banking industry for 4 consecutive years. The company is mainly engaged in commercial banking business. Its business scope includes: absorbing public deposits; issuing short-, medium- and long-term loans; handling domestic and foreign settlements; handling bill acceptance and discounting; issuing financial bonds; issuing financial bonds; acting as an agent for issuing, paying, and underwriting government bonds; trading government bonds and financial bonds; acting as an agent for issuing marketable securities other than stocks; trading and brokering marketable securities other than stocks; asset custody business; engaging in interbank lending; trading and brokering foreign exchange; trading and brokering foreign exchange services; engaging in bank card guarantee services; Insurance; agent payment and insurance business, etc. . Corporate honors: Ranked among the top 20 global banks in the UK's “Banker”, ranked 208th among the Fortune 500 companies in the US, and was named “Bank of the Year in China 2021” by the British “Banker”, etc. By the end of the reporting period, the company had 2,072 business outlets, including 1,072 traditional branches and 836 community branches.
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