rates. She graduated from Nankai University in International Finance Programme with a Master’s degree in Economics. Mr Yang previously acted as the manager of Nichiyo Co., Ltd. for China Division and the chief representative of Nichiyo Co., Ltd., Beijing Office. CITIC Trust Co., Ltd. is a Chinese investment management company, with license to create private equity fund (as trust). MarketScreener Homepage > Equities > Shanghai Stock Exchange > China CITIC Bank Corporation Limited 601998 CNE1000000R4 CHINA CITIC BANK CORPORATION LIMITED (601998) Its headquarters are in Chaoyang District, Beijing. Mr Liu graduated from Hubei Institute of Finance and Economics (now known as Zhongnan University of Economics and Law). China CITIC Bank Corporation Ltd (CNCB) is a Chinese government owned bank headquartered in Beijing. The bank also strives to improve its competitiveness by exploring new business models and procedures. CITIC Group Corporation is a large conglomerate with a portfolio of financial and non-financial businesses. dropped 6% due primarily to the compression of the low yield interbank business and higher funding interest The consolidated financial statements of CITIC Limited (the “Company”) and its subsidiaries (the “Group”) set outon pages, which comprise: 1. the consolidated balance sheet as at 31 December 2017; 2. the consolidated income statement for the year then ended; 3. the consolidated statement of comprehensiv… He was also formerly the vice chairman and president of China Construction Bank, a non-executive director and deputy chairman of Cathay Pacific Airways Limited and a non-executive director of China CITIC Bank International Limited. 7 China Construction Bank Corporation Annual Report 2019 DEFINITIONS In this annual report, unless the context otherwise requires, the following terms shall have the meanings set out below. As an accounting professional, Mr Harada has extensive experience in real estate securitization, fund business, and advisory. 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. Over the year, total loans increased by 11%, including a 29% expansion in personal loans. Download this Report Log on to CITIC Bank Scan this and CITIC Bank is at your hand ! Age 48: a non-executive director of the Company since 2014. Mr Neoh graduated from the University of London with a degree in Law in 1976. Mr Harada became a partner of Ernst & Young ShinNihon, LLC in May 1999 and a senior partner in May 2004. End-of-day quote Shanghai Stock Exchange - 08/28: 5.24: CNY ... CHINA CITIC BANK: Announcement of 2019 Annual Results: PU. Note: Priority products for the year were private banking, credit cards and personal loans. Its revenue reached RMB54.4 billion, and the overall contribution increased by 7 percentage points to 35% over the year. Private banking AUM exceeded RMB402.5 billion, up 25%, while the customer base for this business grew by 31% to reach 28,000. The CITIC Group Corporation of … Mr. Wu is currently vice president and CFO of Youngor Group Co., Ltd, president of Ningbo Youngor Investment Management Co., Ltd. He is also the chairman and independent non-executive director of BHG Retail Trust Management Pte. He also retired from the office as independent non-executive director, chairman of the personnel and remuneration committee, member of the audit committee, member of the risk policy committee and member of the connected transactions control committee of Bank of China Limited (the “Bank”) with effect from 18 August 2016 after serving the Bank for 6 years. Bai joined China CITIC Bank Corporation Limited’s Financial Markets Department from Bank of Beijing in 2006. PDF HTML. Get the latest financial information of MUFG, with access to annual reports, IR presentations and more. Mr. Fang joined China CITIC Bank Corporation Limited in 1996 and was formerly President of Suzhou Branch, President of Hangzhou Branch and Business Director of Financial Markets. 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. Its headquarters are in Chaoyang District, Beijing. Age 54: a non-executive director of the Company since 2015. Transaction banking, investment banking, asset custody and international business all performed satisfactorily during the year. 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). He was formerly elected Honorary Fellow of the Hong Kong Securities Institute and Academician of the International Euro-Asian Academy of Sciences in 2009. CITIC Bank is a joint-stock commercial bank in China engaged in corporate banking, retail banking and financial markets services. From 2002 to March 2010, he was a senior partner of KPMG Beijing Office, and a senior partner of Northern Region, KPMG China. He is a licensed Certified Public Accountant in Japan. Mr. Wu graduated from Zhejiang Open University and holds an Associate degree. Additionally, other businesses such as forex market-making trading, bond trading, debt securities & interest rate derivatives experienced double-digit trading volume growth. For the year 2017, revenue was RMB157.2 billion, representing a year-on-year increase of 2%. Mr Harada joined Tetsuzo Ota & Co. (later became Ernst & Young ShinNihon, LLC) in October 1984, where he performed audit engagements of major banks and real estate companies. He resigned as the chairman of CITIC Hong Kong (Holdings) Limited on 20 June 2017. 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. Citi is the leading global bank. Despite theseheadwinds, the overall performance of CITIC Bank remained stable. 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. China CITIC Bank annual total depreciation and amortization - cash flow for 2018 was $0.445B, a 6.85% increase from 2017. Published Jul 04, 2016. He was appointed as the president of University of Science and Technology Beijing in 2004 and retired in 2013. Welcome to the China CITIC Bank International. However, net interest margin widened as the bank better managed its loan pricing and optimised deposit Mr Pu is currently executive director and vice president of CITIC Group Corporation, executive director and vice president of CITIC Corporation Limited. with 31% in 2016. Age 60: an independent non-executive director and a member of the strategic committee of the Company with effect from 18 April 2018. He also serves on the Audit & Supervisory Board for The Nation Federation of Agricultural Cooperative Association (ZEN-NOH). He currently serves as an independent non-executive director of China Mobile Limited, Julius Baer Group Ltd. and Bank Julius Baer Co. Ltd.. China CITIC Bank Corporation Limited ... 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. Mr Liu has a Doctorate degree in economics from the School of Economics at Renmin University of China. China CITIC Bank Corporation Limited (“CNCB”), via its wholly-owned subsidiary CITIC International Financial Holdings Limited, is CNCBI’s controlling shareholder with a 75% stake. Get the annual and quarterly balance sheet of CHINA CONSTRUCTION BANK (CICHY) including details of assets, liabilities and shareholders' equity. In 2017, the bank launched its mobile banking 4.0 to improve the customer experience and service capabilities. CEO Timo Lappalainen's reviews 2016. 2017 Annual Report The Group’s net profit reached US$193 million at the end of 2017, compared with the US$183 million reported in the previous year, growing by 6%. In 2017, the retail banking business continued to grow rapidly. He retired from the office as a member of Advisory Committee on Innovation and Technology of the Government of the Hong Kong Special Administrative Region (“HKSAR Government”) on 31 March 2017. Mr Liu is a member of the remuneration committee. Age 47: an independent non-executive director of the Company since 2014. He has been a non-executive director of CITIC Group Corporation and CITIC Corporation Limited since September 2014. Mr Chow is a member of the remuneration committee. In personal loans, this business continued to develop steadily, as a result of its new focus on products such as collateral loans backed by property, unsecured loans, pledged loans backed by financial assets and personal supply chain financing. Citi's 2019 Form 10-K filed with the SEC, as well as other annual and quarterly reports, are available from Citi Document Services toll free at 877 936 2737 (outside the United States at 716 730 8055), by e-mailing a request to docserve@citi.com or by writing to: Published Jul 04, 2016. He has held management positions in the financial industry and the general aviation industry for many years, and has over 20 years’ experience in financial institutions, particularly in the securities and trust fields. 02/02: CHINA CITIC BANK: Announcement on external donation: PU. Age 61: Mr Chang is responsible for the leadership and effective functioning of the board, ensuring that key issues are addressed by the board. Article 2 The Board of Directors is … Age 56: a non-executive director of the Company with effect from 20 March 2018. Interim Report 2017 PDF 1,752KB. headwinds, the overall performance of CITIC Bank remained stable. He is a Postgraduate degree holder. ... For the year 2012. It was established in 1987 and operates as a subsidiary of CITIC Group Corporation Ltd (formerly the China International Trust and Investment Corporation). She is a certified public accountant. 8 Chaoyangmen Beidajie, Dongcheng District, Beijing, China Postal Code : 100027 China CITIC Bank Corporation Limited It recorded a year-on-year increase in turnover of 185% to RMB20.8 billion. Ms Lee is a member of the nomination committee. Non-interest income similarly sustained positive momentum to contribute 37% of revenue, compared From July 1980 to December 1988, he worked in Imperial Chemical Industries PLC and stationed in London and Tokyo office. Welcome to the China CITIC Bank International. Operating income increased to US$869 million (2016: US$865 million) on a headline basis, but improved by 7% to US$873 million (2016: US$816 million) on a normalised basis after adjusting for currency hedges in Banco ABC Brazil. Mr Fujita graduated from Keio University with a Bachelor degree in Economics in March 1973. He was formerly a non-executive director of Global Digital Creations Holdings Limited. ... Pak Oman Investment Company Limited. 2019 Annual Report China CITIC Bank Corporation Limited. CITIC Trust Co., Ltd. is a Chinese investment management company, with license to create private equity fund (as trust). All of the 10 eligible directors attended the meeting. Corporate banking: The bank continued to put the focus on high quality customer and serve the real economies. CHINA CITIC BANK CORPORATION LIMITED company earnings calendar and analyst expectations - Upcoming and past events | Shanghai Stock Exchange: 601998 | Shanghai Stock Exchange As an accounting professional, Mr Fujita has extensive experience in accounting. “AI” Artificial intelligence “AML” Anti-money laundering “ABC” Agricultural Bank of China Limited “Bank” China Construction Bank Corporation China Construction Bank Corporation (CCB), headquartered in Beijing, is a large-scale joint stock commercial bank. 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. 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 is currently the president and chief executive officer of Hotel Shilla Co., Ltd.. She was formerly the president of Corporate Strategy for Cheil Industries and an advisor to Samsung C&T Corporation from December 2010 to December 2015, with the two companies merging to become Samsung C&T Corporation in September 2015. The full report is usually filed later than results. 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. CHCJY: China CITIC Bank Corporation Limited Detailed Estimate. CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. Price US$ 200.00 | Buy this Report Now. Age 71: an independent non-executive director of the Company since 2014. The NPL ratio fell 1bp to 1.68%, and the allowance coverage ratio increased by 13.9 percentage points to 169.4%. He provides the strategic direction for the Company. Mr Harada graduated from Chuo University with a Bachelor degree in Commerce in March 1980. 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. As of the end of 2017, overall asset quality remained manageable as the bank continued to adopt measures such as cash collection and non-performing asset disposals. Mr Yang was a member of The Twelfth National Committee of Chinese People’s Political Consultative Conference. Over the year, 1,552 new trust projects began, representing RMB1,075.2 billion of AUM. Net interest incomedropped 6% due primarily to the compr… 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. Annual Report Highlights: View Competition Class Performance. 2013 Interim Report 2013 Interim Report China CITIC Bank Corporation Limited bank.ecitic.com Block C, Fuhua Mansion, No. From July 1993 to August 1997, he was seconded to the Ernst & Young London office. Comprehensive Financials for SHA:601998 China CITIC Bank Corporation Limited 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 CITIC Bank maintained its strategy of light transformation while continuing to reduce its balance sheet and optimise its structure over the year. Its turnover increased by 24% to RMB34.6 billion. 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. Moody's Investors Service CK Hutchison is committed to transparency and good investor relations. As the deleveraging of China’s economy continued and financial regulations tightened, the growth rate of Chinese Mr Chow was awarded the title of Justice of the Peace, the Silver Bauhinia Star and the Gold Bauhinia Star by the HKSAR Government in 2003, 2005 and 2010 respectively. Age 55: an executive director of the Company since 2015. The Company offers deposits, loans, domestic settlement, currency trading, bank guarantee, and other services. Additional text has been added to aid users who may be using screen readers to view this site. 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. The predecessor of the Bank is Agricultural Cooperative Bank, established in 1951. Number of employees : 57 045 people. 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. Ms Li is the vice president and a member of the executive committee of the Company. He is currently an independent director of Sanken Electric Co., Ltd.. He served as a Vice President of China CITIC Bank Corporation Limited since November 2014 and was further appointed as its President in March 2019. (hereinafter referred to as the “Articles of Association”) and the reality of the Bank. 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