China CITIC Bank International

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Template:Short description Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters".

File:Citickawahbank.png
Former CITIC Ka Wah Bank logo
File:CITIC Ka Wah Bank 01.jpg
To Kwa Wan Branch of CITIC Ka Wah Bank
File:HK Tsuen Wan Chuen Lung Street CITIC Ka Wah Bank 荃威花園 Allway Gardens Shuttle Bus.JPG
Tsuen Wan Branch of CITIC Ka Wah Bank

China CITIC Bank International (Template:Lang-zh; CNCBI in short) is a Hong Kong full-service commercial bank.

China CITIC Bank Corporation Limited, via its wholly owned subsidiary CITIC International Financial Holdings Limited, is CNCBI's controlling shareholder with a 75% stake. The CITIC Group Corporation of Beijing is CNCBI's ultimate parent company.

As at end-December 2024, CNCBI had 23 branches and two business banking centres in Hong Kong, as well as presence in various international locations. CNCBI's total assets stood at HK$489.30 billion.[1]

History

Script error: No such module "labelled list hatnote". In 1926 Ka Wah Savings Bank Limited (Script error: No such module "Lang".) was founded in Hong Kong. Ka Wah Ngan Ho in Guangzhou then became Ka Wah Savings Bank's Guangzhou Branch. That same year the bank was renamed as Ka Wah Bank Public Limited Company (Script error: No such module "Lang".).

In 1986 the bank suffered financial difficulties, and CITIC Group injected HK$350 million capital into the bank. In 1998 the bank was renamed as CITIC Ka Wah Bank Limited.

In 2002 CITIC Ka Wah Bank was privatized by CITIC International Financial Holdings and it became a whole-owned subsidiary of CITIC International Financial Holdings.[2][3]

In May 2010, the bank was renamed again as China CITIC Bank International.

In 2018, CNCBI launched its mobile banking platform inMotion.

References

<templatestyles src="Reflist/styles.css" />

  1. Script error: No such module "citation/CS1".
  2. Script error: No such module "citation/CS1".
  3. A Brief Overview of CITIC Ka Wah Bank Template:Webarchive

Script error: No such module "Check for unknown parameters".

Template:Sister project Script error: No such module "Portal".

Template:Banks of Hong Kong Template:CITIC