CITIC Group Corporation is a large conglomerate with a portfolio of financial and non-financial businesses. CEO Timo Lappalainen's reviews 2016. 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. He served as an independent director of Ningbo Donly Transmission Equipment Co., Ltd. from January 2006 to January 2012 and Xinyu Iron & Steel Co., Ltd. from April 2006 to April 2009. Also during the year, CITIC aiBank, a bank set up between CITIC Bank and Baidu, officially opened in November 2017 as an online platform supporting small and frequent trading with payment, financing and asset management services. Revenue contribution from financial markets services dropped by 4 percentage points to 7%, mainly due to the shrinking interbank business. Article 2 These Rules of Procedure shall be binding on the Bank, its shareholders’ Age 54: a non-executive director of the Company since 2015. CHCJY: China CITIC Bank Corporation Limited Detailed Estimate. Additional text has been added to aid users who may be using screen readers to view this site. From July 1993 to August 1997, he was seconded to the Ernst & Young London office. Get the annual and quarterly balance sheet of CHINA CONSTRUCTION BANK (CICHY) including details of assets, liabilities and shareholders' equity. Download this Report Log on to CITIC Bank Scan this and CITIC Bank is at your hand ! The supervisors and senior management members of the Bank Age 47: an independent non-executive director of the Company since 2014. China CITIC Bank Corporation Limited is hereinafter referred to as “the Bank… Age 56: a non-executive director of the Company since 2014. CK Hutchison is committed to transparency and good investor relations. CITIC Limited — formerly CITIC … 2017 ANNUAL RESULTS ANNOUNCEMENT The Board of Directors of CITIC Securities Company Limited is pleased to announce the audited results of the Company and its subsidiaries for the year ended 31 December 2017. Age 48: a non-executive director of the Company since 2014. Over the year, total loans increased by 11%, including a 29% expansion in personal loans. Age 58: an executive director, vice chairman and president of the Company since 2014. China CITIC Bank Corporation Limited (“CNCB”) is CITIC Group’s indirectly majority-owned subsidiary. China CITIC Bank Corporation Limited provides banking services. 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. Ms Lee is a member of the nomination committee. Total returns are measured from the latest of the start date, the appointment date and 3-Jan-1994 until the earliest of the end date, the … He has been a non-executive director of CITIC Group Corporation and CITIC Corporation Limited since September 2014. Age 68: an independent non-executive director of the Company since 2012. Comprehensive Financials for SHA:601998 China CITIC Bank Corporation Limited Share Price Financial Highlights Annual Reports Interim Reports Announcements & Circulars - CK Hutchison For the year 2017, revenue was RMB157.2 billion, representing a year-on-year increase of 2%. Mr Yang previously acted as the manager of Nichiyo Co., Ltd. for China Division and the chief representative of Nichiyo Co., Ltd., Beijing Office. The number of users on the platform reached 817, and total turnover grew to RMB1288.3 billion. He has until October 2016, been a member of the International Advisory Council of the China Securities Regulatory Commission (“CSRC”). Annual Report 2016 PDF 2,653KB. 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. From July 2007 to June 2013, he was an executive partner of Ernst & Young ShinNihon, LLC and served as the JBS Global Services Leader. Mr Pu is a researcher and a graduate of Fordham University with a Master’s deg. Annual Report Highlights: View Competition Class Performance. Access the report. Age 67: an independent non-executive director of the Company since 2015. Despite these Its headquarters are in Chaoyang District, Beijing. China CITIC Bank annual financial activities - other for 2017 was $-2.619B, a 60.15% increase from 2016. 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. Welcome to the China CITIC Bank International. Please click here for more information. He graduated from Zhongnan University of Finance and Economics (now known as Zhongnan University of Economics and Law) in July 1991 with a Master’s degree in accounting. He provides the strategic direction for the Company. Quan Fu Tong’s total turnover reached RMB1.2 trillion, up 131% over the year. Mr Neoh graduated from the University of London with a degree in Law in 1976. He also previously served as chief advisor to the CSRC, a member of the Hong Kong Special Administrative Region Basic Law Committee under the Standing Committee of the National People’s Congress, chairman of the Hong Kong Securities and Futures Commission, a member of the Hong Kong Stock Exchange Council and its Listing Committee, and chaired its Disciplinary Committee and Debt Securities Group, and Deputy Judge of the Hong Kong High Court. 8 Chaoyangmen Beidajie, Dongcheng District, Beijing, China Postal Code : 100027 China CITIC Bank Corporation Limited PDF HTML. 8 Chaoyangmen Beidajie, Dongcheng District, Beijing, China Postal Code : 100027 China CITIC Bank Corporation Limited People’s Republic of China (hereinafter referred to as the “Commercial Bank Law”), China CITIC Bank Corporation Limited Articles of Association (hereinafter referred to as the “Articles of Association”) and the reality of the Bank. Mr Wang is a vice chairman of the executive committee and a member of the nomination committee and the strategic committee. The full report is usually filed later than results. 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. CITIC Bank was also included in the first group of market makers joining Bond Connect. Tap into the vast resources and network of our parent bank China CITIC Bank and our ultimate shareholder, CITIC Group Corporation. He has expertise in enterprise operation and management, financial planning and budget management, investment and financing, and merger and acquisition, etc. China CITIC Bank Corporation Limited: Key Facts and Statistics ... Moody's: China banks' H1 2017 results show better asset quality and funding profile, but weaker profitability. ... China CITIC Bank Corporation Limited: Semi-Annual Update. China CITIC Bank Corporation Ltd (CNCB) is a Chinese government owned bank headquartered in Beijing. 7 China Construction Bank Corporation Annual Report 2017 OVERVIEW Financial ratios (%) 2017 2016 Change +/(-) 2015 2014 2013 Profitability indicators Return on average assets1 1.13 1.18 (0.05) 1.30 1.42 1.47 Return on average equity 14.80 15.44 (0.64) 17.27 19.74 21.23 Net interest spread 2.10 2.06 0.04 2.46 2.61 2.56 Net interest margin 2.21 2.20 0.01 2.63 2.80 2.74 CHINA CITIC BANK CORPORATION LIMITED : News, ... Report. 2015corporate social responsibility report china citic bank co ltd corporation limited 2016 corporate 2015 interim annual results announcement 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. Mr Liu has a Doctorate degree in economics from the School of Economics at Renmin University of China. From September 2012 to February 2016, he was an executive partner of Ernst & Young ShinNihon, LLC and has served as the Advisory Japan Leader and Real Estate Sector Japan Leader. Cross-border E-commerce pay was the first among its peers to cover the whole chain of cross-border payment on both the business side and customer side. China CITIC Bank annual total depreciation and amortization - cash flow for 2017 was $0.416B, a 2.27% increase from 2016. 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. He was formerly elected Honorary Fellow of the Hong Kong Securities Institute and Academician of the International Euro-Asian Academy of Sciences in 2009. Citi is the leading global bank. The company was a subsidiary of CITIC Group.However, after a reverse takeover, CITIC Limited (SEHK: 267) became the parent company for 100% stake (via CITIC Corporation Limited and CITIC Industrial Investment Group Corporation Limited). CITIC Bank is a joint-stock commercial bank in China engaged in corporate banking, retail banking and financial markets services. 2017 Annual Report Bank of China Limited Stock Code : 3988 (Ordinary H-Share) 4601 (Offshore Preference Share) Introduction (BOC: Plan A-annual report-en)502097 28/03/2018 04:18 M28 HKEX E>C Bank of China is the Bank with the longest continuous operation among Chinese banks. During this period, the trust business remained stable and yielded RMB4.… 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. 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. China CITIC Bank annual total depreciation and amortization - cash flow for 2018 was $0.445B, a 6.85% increase from 2017. He was formerly an independent non-executive director of Hua Xia Bank Co., Limited, Beijing Hualian Hypermarket Co., Ltd., Hop Hing Group Holdings Limited, Shunfeng International Clean Energy Limited, and China Huishan Dairy Holdings Company Limited. 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. CHINA CITIC BANK CORPORATION LIMITED company earnings calendar and analyst expectations - Upcoming and past events | Shanghai Stock Exchange: 601998 | Shanghai Stock Exchange On the asset side, the bank proactively reduced the scale of its interbank business and allocated more resources to its traditional credit business to better support the real economy. The CITIC Group Corporation of … 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. 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. He served as the chief executive, Asia Pacific Region (ex-Japan) of HSBC Asset Management (Hong Kong) Limited from 1997 to 2003. 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. 2013 Interim Report 2013 Interim Report China CITIC Bank Corporation Limited bank.ecitic.com Block C, Fuhua Mansion, No. Additional text has been added to aid users who may be using screen readers to view this site. Annual Reports For the year 2010. Mr Siu is the chairman of the audit and risk management committee and a member of the remuneration committee, the nomination committee and the special committee. 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