China CITIC Bank Corporation Limited

Major Chinese commercial bank serving businesses and individuals

What China CITIC Bank does

China CITIC Bank is a large bank based in Beijing. It takes deposits, makes loans, and handles payments for companies, government agencies and individuals across China and abroad. It also trades bonds, currencies and derivatives in the interbank market, and offers wealth management and private banking.

How China CITIC Bank makes money

It earns most of its income from the spread between interest charged on corporate and personal loans and interest paid on deposits. It also earns fees from settlement, agency, guarantee, wealth management and asset management services, plus gains from bond, forex and derivatives trading.

Products & services

• Corporate loans and deposits
• Personal loans and retail deposits
• Wealth management and private banking
• Interbank lending and bond investment
• Forex and derivatives trading
• Financial leasing