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China Minsheng Banking Corp. Ltd. (1988.HK)

8.19 Up 0.39(5.00%) 2:59AM EST
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China Minsheng Banking Corp. Ltd.
No. 2 Fuxingmennei Avenue
Xicheng District
Beijing, 100031
China - Map

Index Membership:N/A
Industry:Money Center Banks
Full Time Employees:54,927

Business Summary 

China Minsheng Banking Corp., Ltd. provides various financial products and services to individuals, corporate customers, government agencies, and financial institutions in the People's Republic of China. It operates through Corporate Banking, Personal Banking, and Treasury segments. The company’s deposit products include saving accounts, deposit certificates, contracted deposits, agreement deposits, call deposits, corporate term deposits, and corporate current deposits. It offers individual consumption credit; automobile loans; individual credit line revolving loans; house mortgage loans; individual self-service pledge loans; and Min Yi Dai loans for purchasing cars or real estate, house decoration, travelling, and studying abroad purposes, as well as provides debit and credit cards, forex settlement and remittance, and phone and mobile banking services. The company also offers smart home cards and loans; medium and long term loans; working capital loans; trade, structured, composite, receivable, prepaid, and real estate finance and various other financial services; and cash management services. In addition, it provides investment banking, asset management, convenient finance, and credit cards, as well as non financial services in education, travel, business, art, luxury life, health, club, and sports areas. Further, the company offers micro lending, residential mortgage, consumer credit, foreign exchange trading, interest rate and foreign exchange derivatives transactions, money market transactions, proprietary trading, and asset-liability management services. As of December 31, 2013, it had 36 tier-one branches in the People's Republic of China. The company was founded in 1996 and is headquartered in Beijing, the People's Republic of China.

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Key Executives 
Mr. Wenbiao Dong , 57
Chairman and Chairman of Strategic Devel. & Investment Management Committee
Mr. Qi Hong , 57
Pres, Managing Director, Exec. Director, Member of Nomination Committee and Member of Strategic Devel. & Investment Management Committee
Ms. Bai Dan , 51
Chief Financial Officer
Mr. Pinzhang Zhao , 58
Exec. VP
Mr. Yutang Liang , 56
Managing Director, VP, Exec. Director, Member of Compensation & Remuneration Committee, Member of Related Party Transactions Supervision Committee and Member of Risk Management Committee
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in HKD.