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Company Overview

Business Description

Sector
Financials
Industry
Banking
Headquarters
China CN
Employees
67 674
IPO date
Apr 27, 2007

China Citic Bank is a major Chinese commercial bank that takes deposits, makes loans, and handles everyday banking transactions for individuals and companies. It serves retail customers, small businesses, and large corporate clients through branches, digital banking, and institutional services. Its basic job is to move money, lend money, and help customers manage cash and payments.

The bank makes money mainly from the spread between what it pays on deposits and what it earns on loans and other credit products. It also earns fees from payment services, bank cards, settlement, trade finance, wealth management, and other account-related services. For many customers, it is both a lender and a financial transaction hub.

What makes its business important is its role in the wider financial system: it sits between savers and borrowers and helps fund household spending, business working capital, and corporate expansion. As part of the CITIC group and China's banking system, it has a strong mix of retail banking and corporate banking, which gives it exposure to both everyday consumer finance and larger commercial finance needs.

China Citic Bank Corp Ltd Investor Relations

Address
6-30/F and 32-42/F, Building No. 1, 10 Guanghua Road, Chaoyang District
Beijing
China

Business Segments

Corporate banking

Provides loans, deposits, cash management, settlement services, trade finance, and other banking products for businesses and government-related clients.

Customers and revenue model

Personal banking

Offers savings and current accounts, consumer loans, credit cards, mortgages, and other banking services for individuals.

Customers and revenue model

Wealth management

Description, customers and revenue model

Treasury and markets

Description, customers and revenue model

Management

Mr. Heying Fang

Executive Chairman

Heying Fang serves as the Executive Vice President of China Citic Bank Corp Ltd. He holds significant responsibilities within the bank, leveraging his extensive experience in the financial sector to drive strategic initiatives and manage key operations. Fang's role involves overseeing various aspects of the bank's business segments, ensuring compliance and efficiency across operations, and contributing to the bank’s growth strategies. He has been instrumental in strengthening the bank's market presence and in integrating innovative financial solutions to meet the evolving needs of clients. His leadership and vision continue to play a critical role in guiding China Citic Bank through the dynamic landscape of the banking industry.

Mr. Cheng Liu

President & Executive Director

I'm sorry, but I couldn't find any specific information about an individual named Cheng Liu associated with China Citic Bank Corp Ltd. It's possible that he might not be a public figure or executive at a notable level within the bank that is widely documented. If there are any specific roles or details you can provide, that might help in narrowing down the search. Otherwise, it is "FALSE".

Mr. Gang Hu

VP & Chief Risk Officer

Gang Hu is a notable figure in the banking sector, particularly affiliated with China CITIC Bank Corporation Limited. He holds the position of Executive Director and President of CITIC Corporation Limited. Hu has an extensive background in the financial industry, having joined CITIC Group Corporation in 2007. Over the years, he has taken on various leadership roles within the organization, leveraging his expertise in financial management and strategic planning to drive the company's growth and influence within the sector. His leadership at China CITIC Bank involves overseeing the bank's operations and strategic direction, ensuring its alignment with broader economic trends and the banking sector's evolving landscape. His work has significantly contributed to the bank's reputation as one of China's leading financial institutions.

Ms. Qing Zhang

Secretary of the Board & Joint Company Secretary

Ms. Qing Zhang is a notable executive at China CITIC Bank Corp Ltd. She holds significant responsibilities within the organization, serving as the Chief Risk Officer. In this capacity, she is responsible for managing and overseeing the bank's risk management strategies, policies, and procedures. Her role is crucial in ensuring that the bank effectively identifies, assesses, and mitigates various risks to maintain financial stability and compliance with regulatory requirements. Ms. Qing Zhang's leadership and expertise contribute to the bank's ability to navigate complex risk environments and achieve its strategic objectives. With a strong background in finance and risk management, she plays a pivotal role in shaping the bank's risk culture and framework.

Mr. Xue Fengqing

Head of the Financial & Accounting Department

Biography unavailable

Mr. Chun Zhang

Employee Representative Supervisor and Deputy GM of the Bank's Culture & Labor Union Department

Chun Zhang is a notable executive associated with China CITIC Bank Corporation Limited. He has served in strategic roles within the bank, leveraging his extensive experience in finance and banking to contribute to the institution's growth and performance. China CITIC Bank is one of China's major state-owned banks, and executives like Chun Zhang play a crucial role in navigating the complexities of the financial industry, implementing strategic initiatives, overseeing risk management, and improving operational effectiveness. Zhang's leadership skills and industry knowledge are instrumental in driving the bank's business strategies and enhancing shareholder value.

Yuezhen Liu

General Manager of Asset & Liability Department

Yuezhen Liu is an executive at China CITIC Bank Corporation Limited. She was born in April 1967 and holds a Master's degree in Business Administration. Liu currently serves as the Executive Vice President of China CITIC Bank, where she is responsible for key operational and strategic initiatives. Her career includes extensive experience in the banking and finance sector, having held various managerial roles that focus on risk management, compliance, and financial planning. Liu is well-regarded for her leadership and expertise in strengthening the bank's financial systems and processes, contributing significantly to its growth and stability.

Ms. Yuet Fan Cheung ACIS, ACS, AHKICS

Joint Company Secretary

Ms. Yuet Fan Cheung serves as the joint company secretary for China CITIC Bank Corporation Limited. She is an Associate of both The Chartered Governance Institute and The Hong Kong Chartered Governance Institute, signified by her credentials ACIS and AHKICS. These qualifications indicate her expertise and professional standing in corporate governance and company secretarial practice. Her role as a company secretary involves ensuring that the organization complies with legal and regulatory requirements and implementing decisions made by the Board of Directors.

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