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China CITIC Bank Corporation Limited (601998.SS)

Shanghai - Shanghai Delayed Price. Currency in CNY
4.9400-0.0300 (-0.60%)
At close: 03:00PM CST
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China CITIC Bank Corporation Limited

Building No. 1
6-30 Floor and 32-42 Floor No.10 Guanghua Road Chaoyang District
Beijing 100020
China
86 10 6663 8188
https://www.citicbank.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees58,449

Key Executives

NameTitlePayExercisedYear Born
Mr. Heying FangExec. Vice Chairman & PresN/AN/A1966
Mr. Wei Lu CPA, MPAVPN/AN/A1971
Mr. Danghuai GuoVP & Exec. Director1.8MN/A1964
Mr. Gang HuVP & Chief Risk OfficerN/AN/A1967
Ms. Qing ZhangSec. of the Board & Joint Company Sec.N/AN/A1968
Mr. Jingen LuBus. DirectorN/AN/A1969
Mr. Zhibin XieVPN/AN/A1969
Mr. Tiangui LuVPN/AN/A1972
Mr. Hong Hua LiuBus. DirectorN/AN/A1964
Mr. Kang WangCFO & VPN/AN/A1972
Amounts are as of December 31, 2021 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 CNY.

Description

China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services. The company also engages in the capital markets operations and inter-bank operations, including inter-bank money market transactions, repurchase transactions, investments, and trading in debt instruments; and derivatives and forex trading. In addition, it offers asset management, finance leasing, and other non-banking financial services. The company serves corporations, government agencies, and non-financial institutions; and individual customers and micro and small enterprises. As of December 31, 2021, it operated 1,415 outlets, including 37 tier-one branches, 126 tier-two branches, and 1,252 sub-branches; 1,569 self-service banks; and 5,398 self-service terminals, as well as 9,078 smart teller machines. The company was founded in 1987 and is headquartered in Beijing, the People's Republic of China. China CITIC Bank Corporation Limited operates as a subsidiary of CITIC Corporation Limited.

Corporate Governance

China CITIC Bank Corporation Limited’s ISS Governance QualityScore as of October 1, 2022 is 1. The pillar scores are Audit: 3; Board: 2; Shareholder Rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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