Industrial Bank Co., Ltd.
601166.SS
Shanghai Stock Exchange17.11
CNY
+0.10
- -
Industrial Bank Co., Ltd.
601166.SS
(Shanghai Stock Exchange)
Recent
price
17.11
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Industrial Bank Co., Ltd. delivers a comprehensive suite of financial solutions across the People's Republic of China, operating as a leading commercial banking group. Its core banking operations encompass accepting public deposits, extending various types of loans including short, medium, and long-term financing, and facilitating both domestic and international settlement services. The institution is actively engaged in the issuance and discounting of financial bonds, handling acceptance bills and notes, and providing agency issuance and encashment. Beyond traditional banking, Industrial Bank participates extensively in capital markets through the underwriting and trading of government and corporate bonds, as well as trading other financial instruments. The bank manages asset custody, inter-bank lending, and borrowing activities. It also offers foreign exchange trading, settlement, and sales, alongside a range of personal banking products such as debit and credit cards. Further services include agency trading, letters of credit and guarantees, remittance and insurance agency, safety deposit box facilities, and diverse financial advisory, credit investigation, and attestation services. Through its various subsidiaries, the company extends its reach into specialized financial sectors. These include finance leasing, trust management, fund raising and distribution, asset management, consumer finance, equity investments, and industrial investment. The group also engages in investment management, advisory, and consulting, as well as financial, business, and enterprise management consulting. Supporting these operations are services in financial data processing, commodity and financial futures brokerage, futures investment consulting, and economic information consulting, coupled with application software development and operational system integration. Industrial Bank further manages investment and asset portfolios, undertakes the acquisition, transfer, and disposal of distressed assets from both financial and non-financial entities, and issues wealth management products, offering related consulting and advisory services. The bank has significantly advanced its digital offerings, providing robust internet and mobile banking platforms to its clientele. By the close of 2023, Industrial Bank's total assets surpassed RMB 10 trillion, demonstrating its substantial market presence and consistent growth. Recognized as a pioneer in green finance since adopting the Equator Principles in 2008, the bank has made green finance a central pillar of its strategy, aspiring to be a world-class provider of integrated green financial services. Industrial Bank Co., Ltd. was founded in 1988 and maintains its headquarters in Fuzhou, People's Republic of China.