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China CITIC Bank (Simplified Chinese: 中信银行; Traditional Chinese: 中信銀行; pinyin: Zhōng Xìn Yínháng) is China’s seventh-largest lender in terms of total assets. It is formerly known as CITIC Industrial Bank.^[1] China CITIC Bank, established in February 1987, is a nationally comprehensive and internationally oriented commercial bank. By end of October 2005, its network comprises of 418 branches countrywide, and includes established correspondent relationships with 990 banks and their branches in 70 countries around the world. Image File history File links Wiki_letter_w. ... Simplified Chinese characters (Simplified Chinese: 简体字; Traditional Chinese: 簡體字; pinyin: jiÇŽntǐzì; also Simplified Chinese: 简化字; Traditional Chinese: 簡化字; pinyin: jiÇŽnhuàzì) are one of two standard character sets of printed contemporary Chinese written language. ... Traditional Chinese characters are one of two standard sets of printed Chinese characters. ... Pinyin is a system of romanization (phonemic notation and transcription to Roman script) for Standard Mandarin, where pin means spell and yin means sound. The most common variant of pinyin in use is called Hanyu Pinyin (Simplified Chinese: ; Traditional Chinese: ; pinyin: HànyÇ” PÄ«nyÄ«n), also known as scheme... February is the second month of the calendar year in the Julian and Gregorian calendars. ... 1987 (MCMLXXXVII) was a common year starting on Thursday of the Gregorian calendar. ... Look up October in Wiktionary, the free dictionary. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...

China CITIC Bank is a wholly-owned subsidiary of China International Trust and Investment Corporation (CITIC), with assets of RMB 576 billion (USD 71 billion). As of 2006, China CITIC Bank had a non-performing loan (NPL) ratio of 2.5% (RMB 11.1 billion). The bank’s capital adequacy ratio is 9.1%. China International Trust Investment Company (中國國際信托投資公司) or commonly known as CITIC is a state-owned investment company of the Peoples Republic of China, established by Rong Yiren in 1979 with the approval from Deng Xiaoping. ... The renminbi (Traditional Chinese: 人民幣, Simplified Chinese: 人民币, literally means peoples currency) is the official currency of the Peoples Republic of China. ... A non-performing loan is a loan that is in default or close to being in default. ... This article or section is in need of attention from an expert on the subject. ...

See also

• CITIC

China International Trust Investment Company (中國國際信托投資公司) or commonly known as CITIC is a state-owned investment company of the Peoples Republic of China, established by Rong Yiren in 1979 with the approval from Deng Xiaoping. ...

External links

• China CITIC Bank official website (in Chinese only)