January 24, 2017 9:43 AM ET

Banks

Company Overview of Xiamen International Bank Co., Ltd.

Company Overview

Xiamen International Bank Co., Ltd., together with its subsidiaries, provides corporate and personal banking, treasury, and other financial services. It offers current, time, personal, fixed-current linked, personal call, fixed term, corporate call, agreement term, foreign currency, non-resident account, and structured deposits. The company also provides various personal loans; short-term financing, international trade financing, project financing, real estate financing, guaranteed financing services, and offshore/onshore integrated financing; loans for small enterprises; and loans pledged by accounts receivable, bank acceptance bills, discounting of commercial acceptance bills, entrusted ag...

Xiamen International Bank Building

8-10 Lu Jiang Road

Xiamen,  361001

China

Founded in 1985

Phone:

86 59 2207 8888

Fax:

86 59 2298 8788

Key Executives for Xiamen International Bank Co., Ltd.

Vice Chairman and President
Age: 62
Chairman
Age: 62
Chairman of the Board of Supervisors and Vice President
Age: 65
Chief Financial Officer, Chief Accountant and Financial Controller
Age: 53
Chief of the Law Office, Vice General Manager of Risk Management Department Compliance Manager and Employee Supervisor
Age: 44
Compensation as of Fiscal Year 2016.

Xiamen International Bank Co., Ltd. Key Developments

Bank of China Seeks To Sell

BOC Hong Kong (Holdings) Limited (SEHK:2388) said it will continue exploring asset disposal opportunities after a retracted news report about the company selling Chiyu Banking Corporation Limited to Xiamen International Bank Co., Ltd. for $3 billion.

BOC Hong Kong Reportedly Sells Off Chiyu Banking Equity To Xiamen And Government

Foreign media quoted news saying that BOC Hong Kong Holdings Ltd. (SEHK:2388) planned to sell off a 70.49% stake in Chiyu Banking Corporation Limited to potential buyers including Xiamen International Bank Co., Ltd. and local government for prices representing 240% PB ratio, with estimated value reaching $2 billion.

Xiamen International Bank Announces Audited Earnings Results for the Year Ended December 31, 2014

Xiamen International Bank announced audited earnings results for the year ended December 31, 2014. The company’s profit after tax prepared in accordance with the PRC Accounting Standards has made a breakthrough in 2014 and reached RMB 2.23 billion, an increase of RMB 559.34 million, or 33.5%, over RMB 1.67 billion reported in last year. Return on equity was up slightly.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
June 22, 2016
--
Private Placement
June 6, 2016
--
Merger/Acquisition
April 28, 2016
--
 

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