Established in 1987, the Bank is one of the earliest emerging commercial banks established in China's reform and opening up. It is the first commercial bank in China to participate in domestic and foreign financial market financing, and is famous at home and abroad for repeatedly setting many firsts in the history of modern Chinese finance, and has made positive contributions to China's economic construction. In April 2007, the Bank achieved simultaneous listing of A+H shares on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. With the development vision of becoming the best integrated financial service provider with responsibility, warmth, characteristics and value, the Bank gives full play to the advantages of CITIC Group's “finance+industry” comprehensive platform, insists on “customer respect, reform promotion, technology promotion, lightweight development, compliance management, and talent enforcement”, and provides corporate customers and institutional customers with corporate banking, international business, financial market business, institutional business, investment banking, transaction banking, and custodian services, etc., to provide individual customers with comprehensive financial solutions such as retail banking, credit cards, consumer finance, and wealth management private Diversified financial products and services such as banks, overseas finance, and e-banking meet the comprehensive financial service needs of enterprises, institutions and individual customers in all aspects. By the end of 2022, the Bank had 1,432 business outlets in 153 large and medium-sized cities in China, and 7 subsidiary organizations at home and abroad were CITIC International Financial Holdings Limited, CITIC Bank (Hong Kong) Investment Co., Ltd., CITIC Financial Leasing Co., Ltd., CITIC Wealth Management Co., Ltd., CITIC Baixin Bank Co., Ltd., Algin Bank Co., Ltd., and Zhejiang Lin'an CITIC Village Bank Co., Ltd. Among them, China CITIC Bank (International), a subsidiary of CITIC International Financial Holdings Limited, has 31 business outlets and 2 business centers in Hong Kong, Macau, New York, Los Angeles, Singapore, and mainland China. Credit Bank (Hong Kong) Investment Limited has 3 subsidiaries in Hong Kong and China. Credit Bank Wealth Management Co., Ltd. is a wholly-owned financial management subsidiary of the Bank. CITIC Baixin Bank Co., Ltd. is the first independent corporate direct sales bank in China jointly initiated and established by the Bank and Baidu. Algin Bank has 7 branches and 1 private banking center in Kazakhstan. The Bank insists on serving the real economy, operates steadily, and keeps pace with the times. After 35 years of development, the Bank has become a financial group with total assets exceeding 8.5 trillion yuan, more than 60,000 employees, and strong comprehensive strength and brand competitiveness. In 2022, the Bank ranked 21st in the “World Top 500 Bank Brands” by the British “Banker” magazine; the Bank's Tier 1 Capital ranked 19th in the “World's 1000 Banks Ranking” by the British “Banker” magazine.
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