Industrial Bank Co LtdSHG 601166 Stock Report

Industrial Bank Co., Ltd. engages in the provision of corporate and personal banking services, financial lease, assets custody services, and conducting treasury business. The company is headquartered in Fuzhou, Fujian and currently employs 62,537 full-time employees. The company went IPO on 2007-02-05. The main business activities of the Bank include deposits taking; provision of loans; local and international payments and settlements; bills acceptance and discounting; issuing of financial bonds; agency issuing, cashing and underwriting of government bonds; purchase and sales of government bonds and financial bonds; securities business; asset custody; inter-bank placements and borrowings; trading or agency trading of foreign currencies; bank card business; provision of letters of credit and guarantee facilities; agency collections and payments; agency sales of insurance; safe deposit box services; financial consultant, credit inquiry and consulting, as well as exchange surrendering business and others. The Bank offers loans for personal financing, manufacturing, real estate, wholesale and retail, as well as leasing and business services.