What Is an Industrial Bank?

Industrial Bank Co., Ltd. was established in August 1988. It is one of the first batch of mainland joint-stock commercial banks approved by the State Council of the People's Republic of China and the People's Bank of China. The head office is located in Fuzhou, Fujian Province. On February 5, 2007, The Shanghai Stock Exchange was successfully listed (stock code: 601166) with a registered capital of 19.052 billion yuan.

Industrial Bank

Industrial Bank Co., Ltd. was established in August 1988.

In recent years, it has been awarded the best joint-stock commercial bank, the most innovative bank, the most investment-worth listed company, the best shareholder return bank in Asia, the best profit bank in Asia, the best corporate citizen in China, Most Socially Responsible Listed Company, Best Green Bank, Asian Sustainable Bank Award Champion, National Advanced Collective for Emission Reduction, World Environmental Protection Conference "Carbon Gold Citizen" and other honors. According to the British Banker, American Fortune,

According to the latest ranking of the world's top 1000 banks by the British "The Banker" magazine in 2014, Industrial Bank is ranked 49th by Tier 1 capital and 43rd by total assets. It is ranked among the top 50 global banks; released according to the US "Fortune" In the 2014 Fortune Global 500 List, Industrial Bank ranked 338, an increase of 90 places from last year, and the first increase among banks; according to the 2014 Global Fortune 2000 List released by the US "Forbes", comprehensive Ranked 129th, becoming one of the fastest-growing companies in the same period. Ranked 237th in the Fortune Global 500 list in 2018 ^[8]

In accordance with the combination of tangible network expansion and intangible channel extension, the construction of its own outlets, and the interconnection of inter-industry cooperation networks, it has successfully established a network covering the whole country, connecting domestic and overseas, and providing strong channel support for business development and customer service.

(A) physical network

108 branches and 1,435 branches (including 527 licensed community branches) have been established in Fuzhou, Beijing, Shanghai, Guangzhou and other major national economic centers, and the first overseas branch has been established in Hong Kong. outer. in

Insist on taking customers as the center, improve and improve the professional operating system, continue to promote the deepening of business transformation, unremittingly promote product innovation, process optimization and technological improvement, and form a professional operating system with three major businesses as corporate finance, retail banking, and financial markets. The business area has been continuously extended, the product series has been continuously enriched, the service system has become increasingly sound, and comprehensive service capabilities and service levels have continued to improve.

Including investment banking, trade finance, cash management, green finance, small business and institutional business, and actively building a professional financial industry management system, successively establishing financial centers for the automotive, energy and metallurgical industries to promote professional operations.

Investment Bank: A comprehensive product system has been established, including non-financial corporate debt financing instruments, financial corporate bonds, direct financing instruments for financial management, M & A loans, syndicated loans, etc. Over the years, indicators such as the amount of lead underwriting and the number of entrepreneurs issued have continued to lead the market.

Trade Finance: Adhering to the development concept of financing the supply chain and rebuilding the industry for a century, a professional team combines the transaction characteristics of all aspects of corporate procurement, production and sales to provide customers with full-process integrated financial services covering domestic trade and international trade. Tailor-made personalized comprehensive financial service solutions, and help member companies in the supply chain achieve win-win results through comprehensive products such as domestic and foreign currency trade financing and settlement, and cash management.

Auto Finance Center: Service customers are customers in all links of the automotive industry chain, covering relevant suppliers, manufacturers, distributors, end customers, auto finance companies, and financial leasing companies under the three business segments of passenger cars, commercial vehicles, and construction machinery. Provide a variety of financing products including trade financing, project financing, alternative financing and other non-financial financial products such as settlement services, electronic services, value-added maintenance services, and wealth management services. .

Energy industry financial center: For customers in the power, coal, oil, natural gas, new energy and other industries and their upstream and downstream enterprises, including equipment manufacturing, transportation services, trade, petrochemical, and coal chemical industries, which are closely related to the energy industry, provide customers Including comprehensive financing products such as trade financing, project financing, alternative financing, and investment banking, we have carefully created a cash and wealth management platform, an electronic integrated payment settlement platform for energy industry customers, and provided comprehensive and integrated professional financial services.

Metallurgical industry financial center: Focusing on the metallurgical industry that requires a unified national layout and overall development of the entire bank, covering customer groups in multiple subdivisions such as metallurgical ore mining, metal smelting, metal deep processing, and trade, with specialized operations as the starting point Relying on capital financing, taking industry M & A and reorganization as an opportunity, relying on vertical, refined and characteristic management, it provides customers with comprehensive financial services including financing support, settlement services, financial management and so on.

Focusing on "customers", following the changes in the market situation, innovating financial products, improving platform construction, and forming a diversified product system covering personal asset business, liability business, payment settlement and comprehensive wealth management, fully satisfying customers' individual needs.

"Universal Life" comprehensive financial services for overseas travel: Industrial Bank integrates a series of financial products and services such as travel loans, study loans, credit cards, foreign exchange, and travel visa transfer to fully meet the financial needs of individual customers such as cross-border travel and study abroad. The business covers multiple fields such as tourism, visa, study abroad, overseas real estate and health care, providing customers with convenient, thoughtful and professional one-stop cross-border financial services.

"Anyu Life" Comprehensive Pension Financial Services: Industrial Bank's comprehensive financial service solutions tailored for middle-aged and elderly customers, covering four major systems of exclusive wealth management, credit loans, convenient settlement, and value-added services, and passed domestic well-known insurance and law Consulting, medical consultation, pension and leisure institutions cooperate to provide customers with a series of value-added services from insurance, law, medical treatment to leisure and entertainment, vacation health and other services.

"Xingyetong" Comprehensive Financial Services: Comprehensive financial service solutions for self-employed individuals, individual businesses, partners and private owners such as "growing business owners", which include "loan financing, payment settlement, financial planning, VIP services and The five unique services of Exclusive Approval are integrated, covering personal business loans, acquiring services, family finance, VIP services, exclusive debit cards and credit cards, and other special products. It serves all aspects of small and micro finance and helps the owners grow their businesses. To achieve the simultaneous improvement of wealth and quality of life.

Industrial Credit Card: It includes five series of standard cards, theme cards, co-branded cards, identity cards, and unit cards, including more than 50 types of domestic first low-carbon credit cards, couple cards, constellation cards, platinum cards, debit and credit cards, and Taobao co-branded cards. For personalized products, the total number of issued cards exceeded 13 million. It has a number of features such as point consumption (that is, cardholders can use points at partner merchants to deduct consumption), consumption / bill instalment (that is, a single consumption payment or the amount of bills that have been issued can apply for instalment repayment) and other features throughout the year From time to time, many customers give back promotions.

The "Xingyue Club" VIP customer life appreciation plan, from art appreciation to golf events, from brand salons to test drive of famous cars, from boutique hotels to customized travel routes, etc., to provide credit card VIP customers with a variety of value-added experience activities, respect Enjoy a high-quality card experience.

Private Banking: The Industrial Bank's Private Banking Department was established in April 2011. With professional, high-quality, and efficient personal financial services, it has been quickly recognized by customers in the short term, and its market influence has increased significantly. At present, it has served more than 18,000 private banking customers, and its customer assets are nearly 220 billion yuan. In terms of products, the product series has been continuously enriched, and actively managed valet wealth management products, private bank customer-specific customized products, agency products, and entrusted investments have been launched to actively promote family trust business. For different levels of customers, we have launched preferential services for business jets, business jet clubs, second-generation education "elite growth clubs", a series of podium events, overseas investment immigration, and overseas education stewards.

Community Bank: In 2013, Industrial Bank took the lead in launching the construction of community banks among its peers, and started the retail channel revolution of small counters, big marketing. In order to focus on building the Industrial Bank's community banking brand, it provides financial services to residents in the community by providing differentiated and distinctive services to customers, including friendly, beneficial, and beneficial. At present, Industrial Bank community branches in nearly 40 provinces, cities and regions across the country implement time-shift business services. In community branches, residents can not only handle various traditional retail businesses of Industrial Bank, but also enjoy community branches to provide residents with community-specific financial management. Products, the yield is higher than that of traditional branch institutions. In addition, the community support for exclusive credit loans such as "tourist loans", "community consumer loans", and "community business loans" created by the family of residents is free of collateral and review procedures. Convenient, fast and efficient lending.

In order to meet the needs of customers in the community, community support customers provide a series of intimate and professional non-financial exclusive services, and use Industrial Bank retail service brands Anyu Life and Universal Life to preserve and increase the value of assets for middle-aged and elderly customers in the community. One-stop services are provided for health protection, daily life service assistance, and rights protection to facilitate community residents to provide financial services for studying abroad and traveling.

With outstanding market insight and continuous product innovation, as well as long-term accumulated customer and business foundation, Industrial Bank has formed a leading competitive advantage and market position in the financial market field, represented by the banking platform, capital transactions, and asset custody. Of financial market business has considerable brand influence in the industry.

Interbank business: all types of commercial banks and other depository financial institutions, securities, trusts, finance, insurance, financial leasing, asset management and other interbank institutions are the object of service. The business covers bank-securities cooperation, bank-bank cooperation, bank-trust cooperation, and banking. Lease cooperation, banking insurance cooperation, banking and finance cooperation, etc.

Bank-bank platform: Initiated a new bank-bank cooperation model. Through payment and settlement, wealth management, technology management output, financing services, capital and asset-liability structure optimization, capital utilization, agency international settlement, and training and exchange, the eight major business output cooperation has helped many Small and medium-sized banks have achieved a leap in management and market competitiveness.

Money manager: At the end of 2013, relying on the "Bank-Bank Platform" cooperation network, it integrated various types of wealth management services such as bank wealth management, trust wealth management, precious metal trading, bank-to-stock transfer, and fund consignment, and upgraded the "Bank-Bank Platform" wealth management portal and launched Internet finance. The platform "Qian Da Treasurer" has established a comprehensive sales mechanism that combines online and mobile terminal sales and sales of cooperative financial institutions' outlets, connects many banks and banks that cooperate with banks and third-party payment companies, and supports customers of nearly a hundred banks through online payment Way to buy wealth management products. With the Qian Da Treasurer 's innovative operating model in the field of wealth management, and the outstanding performance of its new generation of cash management tool Treasurer Wallet, as well as the innovation of the traditional financial industry in the field of Internet finance, Industrial Bank won the 2014 China Banking Development Forum and the 2nd Bank Comprehensive Selection "Innovative Internet Finance of the Year" Award.

Treasury business: The Industrial Bank's treasury operation center is the first comprehensive and professional treasury operation institution in China that independently obtains financial licenses and business licenses, independently calculates and operates independently. The bank account has long-term built a high-yield, low-risk investment portfolio, and the yields have outperformed the market. It has maintained the most active market maker position in the RMB exchange rate, interest rates, precious metals and other fields. The agency's precious metal business market share continues to lead the industry. Analytical business has created influence in the market with its high accuracy.

Asset management business: relying on professional operating agencies and trusts, funds, asset management and other subsidiaries to build a complete structure and full-featured asset management business platform, becoming one of the very few domestic banks with full licenses for asset management business, forming a complete range of products, Wealth management product series with diversified structures covering various customer needs in various channels, and comprehensive financial management capabilities rank among the best in the industry.

Asset custody business: For ten years, Industrial Bank has always adhered to custody services. With a secure and efficient asset custody operation system, professional and innovative financial service capabilities, it has provided customers with high-quality and convenient service experiences. As of the end of 2014, the scale of asset custody exceeded 4.7 trillion yuan, ranking first in the market and ranking first among similar joint-stock banks.

Futures financial business: Industrial Bank is the designated depository bank for futures margin of China Financial Futures Exchange, Dalian Commodity Exchange, and Zhengzhou Commodity Exchange, which can provide a wide range of futures exchanges, futures companies and non-futures companies members, futures investors Depository banking services, mainly including futures margin depository, direct banking, futures exchange, self-owned funds deposit, standard warehouse receipt pledge financing, hedge movable property / warehouse receipt pledge financing, futures asset management product docking and consignment sales, Futures asset management product custody, futures company risk management subsidiary comprehensive credit and other business cooperation. Industrial Bank has more than 60 futures companies listed on the Bank's direct trains, more than 100 banks have futures cooperative futures companies, and the annual settlement amount of futures funds exceeds 1 trillion yuan, ranking the forefront of all depository banks.

Adhere to "Social Responsibility and Sustainable Development" as the core concept and value orientation, based on integrity, integrate its own industry attributes, operating characteristics and cultural connotations, and take regulatory agencies, shareholders, employees, customers, partners, the environment and resources, Social and other diversified interests are the basic dimensions to build a social responsibility system with industrial characteristics.

The first company in China to adopt the "Equator Principles" and take the lead in launching green financial products. Through product innovation, it can achieve environmental protection, save resources and increase social welfare, and become a pioneer and advocate of green finance in China.

Practicing inclusive finance, deepening the development of the "Bank-Bank Platform" business, and helping the rural small and medium-sized financial institutions to expand their service reach by means of technology export, talent training, and sending excellent financial products to the countryside.

Support public welfare undertakings, actively carry out a series of public welfare charity activities such as student aid, disaster relief and poverty alleviation, actively return to the society, fulfill social responsibilities, and have donated hundreds of millions of yuan for various public welfare undertakings. ^[9]

On September 3, 2019, Industrial Bank announced that the company's board of directors had recently received a letter of resignation from Gao Jianping. Due to his age, Gao Jianping proposed to resign from the positions of chairman of the company, directors, and chairman of the strategy committee and members of the board of directors. The letter of resignation became effective on the day it was served on the board of directors. ^[10]

On February 25, 2019, China Minsheng Investment Group held a creditors meeting in Shanghai, where a creditor committee was set up, and Industrial Bank served as the vice chairman of the credit committee ^[11] .

On December 31, 2014, the Industrial Bank's second-level branch Suzhou Branch was upgraded to a first-level branch, becoming the bank's 43st first-level branch.

On December 26, 2014, the Industrial Bank of China was awarded the "Best Green Finance Bank of the Year" award by the "2014 Gold Medal List of Chinese Financial Institutions · Golden Dragon Award" organized by the Financial Times and jointly organized by the Institute of Finance of the Chinese Academy of Social Sciences.

On December 23, 2014, with Industrial Bank as the main investor, Industrial Bank Consumer Finance Co., Ltd., which was jointly funded by Quanzhou Commercial Corporation, Xtep (China) Co., Ltd., and Fucheng (China) Co., Ltd., was established in Quanzhou and became The first domestic consumer finance company controlled by a joint-stock commercial bank.

On December 23, 2014, in the "Golden Diamond Award" of NetEase, Industrial Bank won the "Best Banking Brand of the Year Award" and the "Best Personal Financial Product Award".

On December 21, 2014, Industrial Bank was awarded the title of "2014 Top Ten Banking Legal Risk Management Companies" by the Legal Daily and China University of Political Science and Law's Enterprise Legal Management Research Center.

On December 18, 2014, in the "2014 (Sixth) Excellent Competitiveness Financial Institution Selection Awards Ceremony" hosted by the China Business Daily recently, Industrial Bank was awarded the "2014 Excellent Competitiveness Overseas Financial Services Bank".

On December 13, 2014, Industrial Bank was awarded the "Best Green Bank" and "Best Bank-Bank Cooperation Bank" awards in the 2014 First Financial and Financial Value List.

On December 9, 2014, the first 13 billion yuan of preferred shares issued by Industrial Bank in China was successfully issued.

On November 27, 2014, Industrial Bank officially launched the nation's first banking system-based carbon trading agent account opening system, becoming the first and only commercial bank in Shenzhen Emissions Exchange to use a bank's online platform for carbon trading agent account opening. Institutions and individuals in the carbon trading market can directly open Shenzhen Emissions Exchange accounts through Industrial Bank's personal online banking.

On November 14, 2014, in the 2013-2014 "China Financial Excellence Award" selection hosted by the Economic Observer, Industrial Bank won the "Excellent Small and Micro Financial Services Bank" award.

On November 13, 2014, Interbrand, the world's leading brand consulting agency, announced the 2014 best Chinese brand value rankings, and Industrial Bank ranked 19th.

On November 12, 2014, Industrial Bank s wholly-owned subsidiary Industrial Bank Financial Leasing Co., Ltd. received a loan of RMB 614 million from the Asian Development Bank to support China s clean energy public transport promotion project. The company plans to exceed RMB 5 billion in financing for clean energy bus leasing in the next three years to contribute financial power to a clean environment.

On November 4, 2014, the trading platform for qualified investors of non-financial institutions was officially launched, and Industrial Bank became one of the first batch of quote providers on the trading platform.

In November 2014, Industrial Bank upgraded telephone banking 95561 in an all-round way and integratedly launched a "remote banking" service platform that supports telephone, fax, SMS, WeChat, email, Weibo, video, and online customer service.

In November 2014, the Industrial Bank's futures margin depository balance exceeded 30 billion yuan, with more than 100 cooperative futures companies.

From October 20th to 28th, 2014, the first domestic Internet big data equity index fund Guangdong CSI Baidu Baifa Strategy 100 Index Fund with Industrial Bank as the custodian bank and participating in the main sales agency was officially launched.

On October 16, 2014, Industrial Bank was awarded the title of National Advanced Collective of Internal Audit in 2011-2013 issued by the National Audit Office and China Internal Audit Association.

On October 11, 2014, the Industrial Bank Xining Branch officially opened.

In October 2014, Industrial Bank's WeChat Bank was fully upgraded and is committed to further improving service customization, intelligence, and humanity.

On September 25, 2014, the sponsor meeting of China Railway Development Fund Co., Ltd. was held in Beijing. Industrial Bank, as the only joint-stock bank, signed the "Investor Agreement" and "Articles of Association" with China Railway Corporation through its wholly-owned subsidiary, Industrial Asset Management Co., Ltd., a wholly-owned subsidiary of Industrial Bank Fund Management Co., Ltd., for the first time. It is 2 billion yuan.

On September 24, 2014, Industrial Bank and Sohu Focus, a well-known online real estate service provider in China, jointly launched personal consumer loan products-"e purchase loans" in 37 cities across the country.

On September 23, 2014, Industrial Bank won the "China Charity Outstanding Contribution (Unit) Award" issued by the China Charity Federation.

On September 18, 2014, the Shanghai International Gold Exchange Center was officially unveiled, and the Industrial Bank Hong Kong Branch and Treasury Operation Center were granted both the self-employed and agency qualifications for participating in the Gold International Board.

On September 16, 2014, Industrial Bank successfully issued the first domestic green financial credit asset-backed securities-"Xingyuan's second green financial credit asset-backed securities in 2014".

In September 2014, the Industrial Bank's corporate financial wealth management portal "Treasury Direct Link" was launched, providing customers with one-stop services including online financing, investment and wealth management, asset circulation, payment settlement and financial information.

In September 2014, Industrial Bank and CSR signed a bank-enterprise cooperation agreement in Beijing to comprehensively deepen their strategic cooperation relationship.

On September 9, 2014, Industrial Bank signed a carbon emission pledge loan and carbon financial strategic cooperation agreement with Hubei Carbon Emission Trading Center and Hubei Yihua Group, and issued the first domestic carbon quota pledge loan.

On August 27, 2014, Industrial Bank and China Metallurgical Group signed a business group bill pool business cooperation agreement in Wuhan.

On August 22, 2014, at the 2014 Annual Asset Management Conference hosted by 21st Century Business Herald, Industrial Bank won the "Best Strategic Innovation Bank" award.

On August 3, 2014, an earthquake measuring 6.5 on the Richter scale struck Ludian County, Zhaotong City, Yunnan Province. In order to support earthquake relief and rebuild their homes, Industrial Bank Kunming Branch immediately launched a disaster relief mechanism and donated 5.12 million yuan to Ludian disaster areas.

In August 2014, Industrial Bank became a senior member of the International Factoring Union (FCI).

In August 2014, the Industrial Bank's "Financial Cloud Service Platform Construction and Application Promotion Project for Banking Financial Institutions" was included in the national cloud computing project, and was supported by the 2014 national cloud computing project.

On July 22, 2014, the Bank cooperated with Alibaba to launch an unsecured loan program, the online merchant loan advanced version, to provide convenient loan services for SMEs.

On July 18, 2014, the Industrial Bank Haikou Branch donated 1 million yuan to support post-disaster reconstruction in the typhoon-affected area of Hainan Province.

On July 16, 2014, Industrial Bank won the second place in the comprehensive category and the best forecast for credit bonds in the Thomson Reuters "China Fixed Income Market Outlook Survey in the First Half of 2014".

On July 11, 2014, Industrial Bank won the annual "Best Banking Brand", "Best Open Banking Product", "Best Fixed Income Banking Product", "Best Steady Banking Product" by Securities Times. "Benefit Bank Wealth Management Product" and "Most Growing Internet Financial Wealth Management Product" five awards.

On July 8, 2014, in the "Second Comprehensive Banking Selection" hosted by Sina.com, Industrial Bank won the "Innovative Internet Finance of the Year" award.

On July 7, 2014, the US "Fortune" magazine announced the 2014 Fortune Global 500 list. Industrial Bank ranked 338th, an increase of 90 from last year. The increase rate ranked ninth among Fortune 500 companies and among banks. Number one.

On June 30, 2014, the British "Banker" magazine announced the "2014 Global Top 1000 Banks" list. Industrial Bank ranked 43rd in terms of total assets, 49th in terms of Tier 1 capital, and ranked 50th in the global bank. Strong.

On June 27, 2014, the Industrial Bank's non-public offering of domestic preference shares was approved by the shareholders' meeting.

On June 26, 2014, the China Banking Association held the "2013 China Banking Industry Social Responsibility Report" release and social responsibility work commendation conference. Industrial Bank was awarded the "Best Social Responsibility Financial Institution of the Year" and the "Best Annual Social Responsibility Award" for the fourth time. Best Green Finance Award ", and won the" Special Outlet Contribution Award of the Year ", and Chairman Gao Jianping won the" Annual Social Responsibility Leader Award ".

On June 25, 2014, Industrial Bank and Shanghai Futures Exchange signed a strategic cooperation agreement.

On June 24, 2014, Industrial Bank successfully issued a RMB20 billion write-down secondary capital bond in the interbank market.

On June 12, 2014, Industrial Bank and Baidu held a strategic cooperation signing ceremony in Fuzhou. Both parties carried out comprehensive strategic cooperation in Internet financial innovation, big data, and product marketing.

On May 30, 2014, the Industrial Bank's Deposit Certificate (CD) was successfully issued in Hong Kong, marking a substantial step for Industrial Bank in its overseas financing market.

On May 28, 2014, the first selection of listed companies on Sina Finance was announced, and Industrial Bank was awarded the "2013 Most Socially Responsible Listed Company".

On May 27, 2014, Industrial Bank and Hurun Research Institute jointly released the 2014 White Paper on Psychological Investment of High Net Worth People in China.

On May 21, 2014, in the "2014 China Outstanding Investment Bank Selection" sponsored by the Securities Times, Industrial Bank won the "2013 Most Competitive Bank Investment Bank" and "2013 Best Bond Underwriting Bank" Awards.

In May 2014, Industrial Bank and China Unicom launched the NFC "Mobile Wallet" business.

In May 2014, Industrial Bank and Beijing Environmental Exchange jointly issued the industry's first credit card that supports full-site transaction credits-the Industrial Bank PASS credit card.

On May 8, 2014, Industrial Bank and China International Travel Service Co., Ltd. held a signing ceremony to launch the personal visa transfer service.

On May 7, 2014, the US "Forbes" magazine released the 2014 Global 2000 Companies Ranking. Industrial Bank ranked 129th, an increase of 13 from last year, and 13th among the shortlisted companies in mainland China.

In April 2014, the Industrial Bank Payment and Settlement Majiang Operation Center was awarded the title of National Worker Pioneer.

On April 10, 2014, the "2014 Asia Top 100 Influential (Enterprise) List" was released at the Boao Forum for Asia, and Industrial Bank ranked 85th, among which the business growth capability index ranked 6th.

In April 2014, Industrial Bank was ranked among the top 10 domestic companies in the China Employer Brand Survey conducted by Randstad, the world's second largest human resources service organization, and became one of the best employers in China.

On April 20, 2014, the "2014 Top 100 Chinese Green Companies List" was announced, and Industrial Bank was selected to the list for the fifth consecutive year with "Sustainable Finance".

On April 17, 2014, Beijing UnionPay, a well-known domestic banking consulting firm, released the "2013-2014 Annual Report on China's Banking Industry Competition." Industrial Bank ranked first among the 12 listed banks in terms of comprehensive competitiveness.

On April 1, 2014, the Chairman of Industrial Bank Gao Jianping was selected into the Chinese version of Fortune's "50 Most Influential Business Leaders in China 2014" list and was the youngest banker in the list.

On March 31, 2014, the Industrial Bank Haikou Branch officially opened.

On March 27, 2014, Industrial Bank further expanded the Internet financial market, officially launched a direct-selling bank, and launched the T + 0 direct-selling currency fund product "Xingyebao" on April 10.

On March 26, 2014, Industrial Trust, a subsidiary of Industrial Bank, took a stake in Ningbo Shanli Futures Brokerage Co., Ltd .; On September 28, Shanli Futures officially changed its name to "Xingye Futures Co., Ltd.".

On March 18, 2014, Industrial Bank held a press conference in Beijing, announcing the official launch of "Universal Life" financial services abroad, with business covering financial services in various fields such as tourism, studying abroad, health care, and immigration.

On March 17, 2014, Industrial Bank s first overseas institution, the Hong Kong Branch, officially opened, marking a substantial step for Industrial Bank s internationalization strategy.

On March 11, 2014, Industrial Bank and Swiss bank Olympiad signed a strategic cooperation agreement on private banking business in Shanghai. The two parties cooperated closely in the areas of global asset allocation, product design, and overseas high-end value-added services for private banking customers.

In March 2014, Industrial Bank became one of the first batch of designated depository depository banks for futures deposits on the Zhengzhou Commodity Exchange. This is the third time that after the China Financial Futures Exchange and the Dalian Commodity Exchange, Industrial Bank obtained the first batch of designated depositary banks qualifications of the futures exchange.

On February 27, 2014, Industrial Bank continued its efforts on Internet finance and launched a new generation of balance wealth management tools, the treasurer wallet.

In February 2014, the British "Banker" magazine announced the "2014 Global Banking Brands Top 500 List". Industrial Bank ranked 64th with a brand value of 3.276 billion US dollars, a jump of 24 places from last year and a brand appreciation of 12 It has ranked No. 8 in China's list of banks, and has ranked among the top 100 global bank brands for four consecutive years.

On February 12, 2014, the list of the world's top 100 banks was released. According to statistics from the US SNL Financial Information Corporation, in accordance with International Financial Reporting Standards (IFRS), Industrial Bank ranked 47th in the world's top 100 banks with assets of US $ 59.65 billion and ranked second in the list of Chinese joint-stock commercial banks.

In February 2014, Industrial Bank, a subsidiary of Industrial Bank, completed its capital increase, and its registered capital increased from RMB 2.576 billion to 5 billion. The registered capital ranks second in the industry.

On January 24, 2014, Industrial Bank successfully issued the "Xingyuan 2014 First Phase Credit Asset-Backed Securities" (ABS).

On January 20, 2014, Industrial Bank won the "Best Asset Custodian Bank" award in the "Best Bank 2013" selection hosted by the Investor Newspaper.

On January 17, 2014, Xinhuanet and the Corporate Social Responsibility Research Center of the Chinese Academy of Social Sciences jointly released the "White Paper on China's Corporate Social Responsibility Report", and Industrial Bank won the "2013 Outstanding Corporate Social Responsibility Enterprise Award".

On January 11, 2014, Industrial Bank won the Brand Bank of the Year, Best Wealth Management Brand of the Year, Most Internet Finance Innovation Bank of the Year and China's Best "Private Banking" award.

On January 8, 2014, Industrial Bank's first phase of credit asset securitization project was approved by the People's Bank of China, becoming the first joint-stock commercial bank approved since the credit asset securitization expansion pilot.

In January 2014, Industrial Bank successfully launched its trade finance business system, becoming the first commercial bank in China to simultaneously build an operating system covering three major product series including prepayment, inventory and receivables. ^[12-13]

In February 2016, Li Renjie, who previously served as Industrial Bank President for 13 years, will retire from Industrial Bank. Tao Yiping, 53, the Bank of China Shandong Branch President, will become the successor through open recruitment channels. ^[14-15]

In June 2018, a branch of Beijing Industrial Bank increased the interest rate on the first home by 30% from the benchmark interest rate. A staff member of a branch in Chaoyang District of Industrial Bank stated that the branch notification currently received was that the interest rate on the first home loan had risen by 10% at least on the basis of the benchmark probability, "the interest rate rise at other outlets is unclear." ^[1]