601998 On Other Exchanges
Symbol
Exchange
601998 is not on other exchanges.

china citic bank corp ltd-a (601998) Snapshot

Open
--
Previous Close
--
Day High
--
Day Low
--
52 Week High
-- - --
52 Week Low
-- - --
Market Cap
--
Average Volume 10 Days
--
EPS TTM
--
Shares Outstanding
--
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA CITIC BANK CORP LTD-A (601998)

Related News

No related news articles were found.

china citic bank corp ltd-a (601998) Related Businessweek News

View More BusinessWeek News

china citic bank corp ltd-a (601998) Details

China CITIC Bank Corporation Ltd. provides various banking products and services in Mainland China, Hong Kong, and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Business segments. The Corporate Banking segment offers corporate loans, various deposits, agency services, remittance and settlement services, and guarantee services to corporations, government agencies, and non-financial institutions. The Personal Banking segment provides personal loans, deposits, securities agency, remittance and settlement, and guarantee services to individual customers and small enterprises. The Treasury Business segment engages in money market and repurchase transactions, and investments in debt instruments; and derivative instruments and forex trading activities. The company also provides asset management, finance leasing, and other non-banking financial services. As of December 31, 2015, it operated 1,353 outlets, including 38 tier-one branches, 88 tier-two branches, and 1,227 other outlets in China. The company was founded in 1987 and is headquartered in Beijing, China. China CITIC Bank Corporation Ltd. operates as a subsidiary of CITIC Corporation Limited.

56,489 Employees
Last Reported Date: 04/28/16
Founded in 1987

china citic bank corp ltd-a (601998) Top Compensated Officers

President and Executive Director
Total Annual Compensation: CNY1.4M
Executive Chairperson
Total Annual Compensation: --
Compensation as of Fiscal Year 2015.

china citic bank corp ltd-a (601998) Key Developments

China CITIC Bank Corporation Ltd. Announces Board Changes

The Board of Directors of China CITIC Bank Corporation Limited announced that due to work arrangement, Mr. Chang Zhenming will no longer serve as chairperson of the Strategic Development Committee under the fourth session of the Board. Ms. Li Qingping has been appointed as chairperson of the Strategic Development Committee. In addition, Mr. Sun Deshun has been appointed as chairperson of the Risk Management Committee under the fourth session of the Board. The board also announced that due to work arrangement, Mr. Wang Kang ("Mr. Wang") will no longer serve as secretary of the Board and company secretary. Mr. Lu Wei ("Mr. Lu") has been appointed by the Board to replace Mr. Wang as secretary of the Board and company secretary. Mr. Lu will officially take office as secretary of the Board upon obtaining the certificate of board secretary training by the Shanghai Stock Exchange and approval of his qualification by the China Banking Regulatory Commission. Mr. Lu's appointment as company secretary shall become effective at the same time when his appointment as secretary of the Board takes effect. Mr. Wang will continue to serve as the secretary of the Board and the company secretary of the Bank until Mr. Lu takes office as the secretary of the Board and company secretary of the Bank. The board also announced on the date of this announcement that the Consumer Rights Protection Committee is established under the Board. Ms. Chen Lihua has been appointed as the chairperson and Ms. Wu Xiaoqing and Mr. He Cao have been appointed as members of the Consumer Rights Protection Committee.

China CITIC Bank Corporation Ltd. Announces Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended 30 September 2016; Announces Total Asset Impairment Losses

China CITIC Bank Corporation Ltd. announced unaudited consolidated financial results for the third quarter and nine months ended 30 September 2016. For the quarter, interest income was RMB 52,408 million against RMB 53,935 million for the same period of last year. Net interest income was RMB 26,088 million against RMB 27,002 million for the same period of last year. Operating income was RMB 37,224 million against RMB 37,667 million for the same period of last year. Profit before taxation was RMB 14,328 million against RMB 13,722 million for the same period of last year. Net profit attributable to shareholders of the bank was RMB 10,943 million against RMB 10,340 million for the same period of last year. Basic and diluted earnings per share was RMB 0.22 against RMB 0.22 for the same period of last year. For the nine months, interest income was RMB 160,093 million against RMB 161,620 million for the same period of last year. Net interest income was RMB 79,524 million against RMB 76,746 million for the same period of last year. Operating income was RMB 115,606 million against RMB 107,624 million for the same period of last year. Profit before taxation was RMB 45,609 million against RMB 43,842 million for the same period of last year. Net profit attributable to shareholders of the bank was RMB 34,543 million against RMB 32,926 million for the same period of last year. Basic and diluted earnings per share was RMB 0.71 against RMB 0.70 for the same period of last year. Net cash flow used in operating activities was RMB 29,242 million against net cash inflow from operating activities of RMB 39,621 million for the same period of last year. Payments on acquisition of properties and equipment, land use rights and other assets was RMB 5,075 million against RMB 3,429 million for the same period of last year. Annual weighted average return on net assets is 13.91% Return on average assets was 0.87% against 1.02% a year ago. Return on average equity was 13.98% against 15.88% a year ago. For the quarter, total asset impairment losses was RMB 11,512 million against RMB 11,774 million for the same period of last year.

China CITIC Bank Corporation Ltd. to Report Nine Months, 2016 Results on Oct 28, 2016

China CITIC Bank Corporation Ltd. announced that they will report nine months, 2016 results on Oct 28, 2016

 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

601998 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for 601998.
View Industry Companies
 

Industry Analysis

601998

Industry Average

Valuation 601998 Industry Range
Price/Earnings 7.5x
Price/Sales 2.9x
Price/Book 1.0x
Price/Cash Flow 5.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact CHINA CITIC BANK CORP LTD-A, please visit bank.ecitic.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.