Industrial Bank Co., Ltd.

Major Chinese commercial bank offering deposits, loans and financial services

What Industrial Bank does

Industrial Bank is a Chinese bank headquartered in Fuzhou that takes deposits from individuals and businesses and lends money to them. It also offers bank cards, online and mobile banking, foreign exchange, wealth management and custody services. Through related businesses it is also active in leasing, trusts, fund sales, consumer finance and futures brokerage.

How Industrial Bank makes money

It earns mainly from the interest spread between what it pays on deposits and borrowings and what it charges on loans and bond investments. It also earns fees and commissions from settlement, cards, custody, wealth management, agency services, leasing, trust and asset management.

Products & services

• Corporate and personal loans
• Deposit accounts
• Debit and credit cards
• Internet and mobile banking
• Wealth management products
• Asset custody and finance leasing