Industrial Bank Co., Ltd. (601166.SS)

18.07 -0.25 (-1.36%) At close: 03:00PM CST

Industrial Bank Co., Ltd.

Industrial Bank Building
No. 398 Jiangbin Middle Avenue Taijiang District
Fuzhou 350014
China
86 21 3876 9999
https://www.cib.com.cn

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 66,569

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Jiajin Lv	Executive Chairman of the Board	1.68M	N/A	1968
Mr. Xinjian Chen	Vice Chairman & President	1.68M	N/A	1967
Mr. Xiongpeng Sun	VP & Director	1.53M	N/A	1967
Mr. Bing Hua	Secretary of the Board of Directors	3.01M	N/A	1966
Mr. Min Zhang	Vice President	1.44M	N/A	1972
Mr. Ting Zhang	Vice President	1.42M	N/A	1969
Mr. Furong Lai	GM of Planning & Finance Department and Supervisor	N/A	N/A	1968

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CNY.

Description

Industrial Bank Co., Ltd. provides banking services in the People's Republic of China. It offers personal deposits and loans; corporate deposits and financing; investment financing, such as wealth management, bonds, and deposit certification; and debit and credit cards; specialized financial products. The company also provides internet, telephone, and mobile banking; trust; self service banking; SMS; agency trust; safety deposit box; and consulting services. In addition, it offers cash management comprising capital pool, bill custody, trading platform, internet finance, deposit products, and agency wealth management services; investment banking services, including bond underwriting, loan syndication, financial consulting, asset securization, and other investment products; and trade finance and supply chain financing. Further, the company provides environmental finance comprising fixed asset, current capital, consignment, and merger and acquisition loans; project, equity, and order financing; buyer credit; financial leasing; debt financing tools; and EPC pledged, contract environmental service based, carbon assets pledge based, energy conservation and emission reduction, and structured financing products, as well as special assets management products. Additionally, it offers consecutive, trading, equipment mortgage, enhancement, and circulation loans, as well as IB guarantee-assistant fund financing; joint loan and joint guarantees; agent, cash management, capital custody, and public service products; industrial finance; settlement; asset custody; and insurance products. Industrial Bank Co., Ltd. was founded in 1988 and is based in Fuzhou, the People's Republic of China.

Corporate Governance

Industrial Bank Co., Ltd.’s ISS Governance QualityScore as of May 1, 2024 is 3. The pillar scores are Audit: 10; Board: 5; Shareholder Rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.