List of banks in China
Banks majority owned by the central government
Central banks and policy banks
|People's Bank of China (Central Bank)||中国人民银行||Zhōngguó Rénmín Yínháng||Beijing|
|Agricultural Development Bank of China||中国农业发展银行||Zhōngguó nóngyè fāzhǎn yínháng||Beijing|
|China Development Bank||国家开发银行||Guójiā Kāifā Yínháng||Beijing|
|Exim Bank of China||中国进出口银行||Zhōngguó Jìnchūkǒu Yínháng||Beijing|
Commercial Banks majority owned by the central government
|Name||Chinese||Pinyin||Headquarters||First Level parent entity||Total Assets (end 2015)|
|Agricultural Bank of China *||中国农业银行||Zhōngguó Nóngyè Yínháng||Beijing|
|Bank of China *||中国银行||Zhōngguó Yínháng||Beijing|
|Bank of Communications||交通银行||Jiāotōng Yínháng||Shanghai|
|China CITIC Bank||中信银行||Zhōng Xìn Yínháng||Beijing|
|China Everbright Bank||中国光大银行||Zhōngguó guāngdà yínháng||Beijing||China Everbright Group / Central Huijin||CN¥3.168 trillion|
|China Construction Bank *||中国建设银行||Zhōngguó Jiànshè Yínháng||Beijing|
|Hua Xia Bank||华夏银行||Huá Xià Yínháng||Beijing|
|Industrial and Commercial Bank of China *||中国工商银行 / 工行||Zhōngguó Gōngshāng Yínháng / Gōngháng||Beijing|
|Postal Savings Bank of China||中国邮政储蓄银行||Zhōngguó Yóuzhèng Chǔxù Yínháng||Beijing|
|Bank of Dalian||大连银行||Dàlián yínháng||Dalian||China Orient Asset Management|
Banks majority owned by local governments
|China Bohai Bank||Tianjin||渤海银行||Tianjin municipal government|
|Shengjing Bank||Shenyang||盛京银行||Shenyang municipal government|
|Bank of Changsha||Changsha||长沙银行||Changsha municipal government|
|Bank of Jinzhou||Jinzhou||锦州银行|
|Bank of Jilin||Changchun||吉林银行|
|Industrial Bank||Fuzhou||兴业银行||Fujian Provincial government|
|Fujian Haixia Bank||Fuzhou||福建海峡银行||Fuzhou municipal government|
|China Guangfa Bank||Guangzhou||广发银行|
|Bank of Ningbo||Ningbo||宁波银行||Ningbo municipal government|
|Shanghai Pudong Development Bank||Shanghai||浦发银行|
|Shenzhen City Commercial Bank||Shenzhen||深圳市商业银行||Shenzhen municipal government|
|Zhejiang Tailong Commercial Bank||Taizhou||浙江泰隆商业银行||Taizhou municipal government|
Non-government owned banks
Listed company held by public in majority
Privately owned bank
Banks incorporated in the Special Administrative Regions
- Bank of China (Hong Kong) Limited
- Bank of East Asia, Limited (The)
- China Construction Bank (Asia) Corporation Limited
- Chiyu Banking Corporation Limited
- Chong Hing Bank Limited
- Citibank (Hong Kong) Limited
- CITIC Ka Wah Bank Limited
- Columbia Bank Limited
- Dah Sing Bank Limited
- DBS Bank (Hong Kong) Limited
- East Asia Banking Corporation Limited
- Fubon Bank (Hong Kong) Limited
- Hang Seng Bank Ltd.
- Hongkong and Shanghai Banking Corporation Limited (The)
- Industrial and Commercial Bank of China (Asia) Limited
- MEVAS Bank Limited
- Nanyang Commercial Bank, Limited
- OCBC Wing Hang Bank Limited (Banco OCBC Weng Hang, S.A.)
- Public Bank (Hong Kong) Limited
- Shanghai Commercial Bank Ltd.
- Standard Bank Asia Limited
- Standard Chartered Bank (Hong Kong) Limited
- Tai Sang Bank Ltd.
- Tai Yau Bank Ltd.
- Wing Lung Bank Limited
- Bank of East West China
- OCBC Wing Hang Bank Limited - Banco Weng Hang, S.A.
- Banco Delta Asia Limited - Banco Delta Ásia, S.A.R.L.
- China Construction Bank (Macau) Corporation Limited - Banco de Construcao da China (Macau), S.A.
- Industrial and Commercial Bank of China (Macau) - Banco Industrial e Comercial da China (Macau), S.A.
- Luso International Banking Limited - Banco Luso Internacional, S.A.
- Banco Comercial de Macau, S.A. - Banco Comercial Português, S.A.
- The Macau Chinese Bank Ltd. - Banco Chinês de Macau, S.A.
- Banco Nacional Ultramarino, S.A. - Banco Nacional Ultramarino, S.A.
- Novo Banco Asia, S.A. - Novo Banco Ásia, S.A.
Branches and subsidiaries of foreign banks
The China Banking Regulatory Commission (CBRC) announced on 24 December 2006 its approval for nine foreign-funded banks to start their preparatory work for setting up local corporations in China. Currently, even more banks have been able to incorporate locally in China.
* - Does not service individuals
- ABN AMRO (Netherlands) (now RBS China due to de-merging)
- Australia and New Zealand Banking Group
- The Bank of East Asia (Hong Kong)
- The Bank of Tokyo-Mitsubishi UFJ (Japan) *
- Citibank (United States)
- DBS Bank (Singapore)
- Hang Seng Bank (Hong Kong)
- The Hongkong and Shanghai Banking Corporation (Hong Kong - see HSBC Bank (China))
- JPMorgan Chase Bank (United States) *
- Mizuho Corporate Bank (Japan) *
- Oversea-Chinese Banking Corporation (Singapore)
- United Overseas Bank (Singapore)
- Standard Chartered Bank (United Kingdom)
- OCBC Wing Hang Bank (Hong Kong)
- Dah Sing Bank (Hong Kong)
- Woori Bank (South Korea)
- Shinhan Bank (South Korea)
- Hana Bank (South Korea)
- Societe Generale (France)
- Bank of Montreal (Canada)
- Fubon Bank (Taiwan)
- Australia and New Zealand Bank
- Banco Santander
- Bank of America Merrill Lynch
- Bank of Montreal (Canada)
- Scotiabank (Canada)
- Bank of New York Mellon
- Bank Mandiri
- Barclays Bank
- BBVA Bank
- BNP Paribas
- Citibank China
- Commonwealth Bank of Australia
- Crédit Agricole
- Credit Suisse
- Dah Sing Bank
- DBS Bank
- Deutsche Bank
- ING Bank
- Intesa Sanpaolo
- JPMorgan Chase Bank
- KBC Bank
- Mizuho Corporate Bank
- National Australia Bank
- Norddeutsche Landesbank
- Raiffeisen Bank International
- SPD Silicon Valley Bank
- United Overseas Bank
- VTB Bank
- Wells Fargo Bank
- Westpac Bank
- Ownership is through a Variable Interest Entity (V.I.E.) structure, which was created in 2000, to circumvent Chinese restrictions on investment in certain industries. Buyers were actually purchasing shares in a Cayman Islands shell corporation, not in the Alibaba group, as China forbids foreign ownership of its companies. Direct investment in MYbank or Ant Financial is not possible as of June 2017. A future IPO offering for Ant Financial Services Group, which owns the subsidiary MYbank, is expected in both the domestic Chinese stock exchange and overseas exchanges.
- Solomon, Steven Davidoff (6 May 2014). "Alibaba Investors Will Buy a Risky Corporate Structure". New York Times (Dealbook blog). Retrieved 12 Jun 2017.
- Wu, Kane (26 Apr 2016), 5 Things to Know About China’s Ant Financial, Wall Street Journal, retrieved 12 Jun 2017
- Dou, Eva; Carew, Rick (4 Jan 2016), Alibaba Affiliate Ant Financial Begins Second Round of Financing: Major force in China’s electronic-finance sector takes another step toward a public listing, Wall Street Journal, retrieved 12 Jun 2017
- CBRC Archived 2007-10-07 at the Wayback Machine.
- Xinhua Xinhua Archived 2007-09-29 at the Wayback Machine.
- Wen Wei Po