Details

Industries

Banking,Finance,Financial Services,Government

Founded date

Aug 1, 1988

Number Of Employee

10001 - max

Operating Status

Active

Founded in August 1988 and headquartered in Fuzhou, Fujian Province, Industrial Bank (IB) is one of the first batch of joint-stock commercial banks approved by the State Council and the People's Bank of China, and the first Equator Bank in China. On February 5, 2007, IB was listed on Shanghai Stock Exchange (Stock Code: 601166) . At present, with a registered capital of 19.052 billion yuan, IB has become a national joint-stock commercial bank with sound governance, distinctive characteristics, great strength and quality service, staying stably among Global Top 50 Banks.

The business scope of IB includes: taking deposits; granting short, middle and long-term loan; handle domestic and overseas settlement; handle documents acceptance and discount; issue financial bonds; issue, cash and sell government bonds as agent; trade government bonds and financial bonds; issue securities other than stocks as agent; trade securities other than stocks by itself or as agent; assets custody; inter-banking borrowing/lending; trade foreign exchange by itself or as agent; purchase or sell exchange; banking card business; L/C service and guarantee; agency collection and payment and insurance; safe deposit box; financial consultant, credit inquiry, consulting and witness; and other business as approved by Chinese banking regulators.