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About China CITIC Bank
China CITIC Bank was founded in 1987 and is headquartered in Beijing. It was one of China's first commercial banks that engaged in financing in both domestic and international financial markets. The bank has three subsidiaries: CITIC International Financial Holdings, China Investment and Finance, and Zhejiang Lin'an CITIC Rural Bank. China CITIC Bank provides services in wealth management; credit card services; consumer credit; private banking and corporate banking.
Website | http://www.citicbank.com |
Headquarters |
Fuhua Mansion Block C, No. 8 Choayangmen Beidajie, Dongcheng District
100027 Beijing
China
|
CEO/chair |
Fang Heying Executive Director, President and CFO |
Supervisor | |
Annual report | CSR Report 2020 |
Ownership |
listed on Hong Kong Stock Exchange & Shanghai Stock Exchange
China CITIC Bank's shareholder structure can be accessed here. |
Complaints and grievances |
China CITIC Bank does not operate a complaints or grievances channel for individuals or communities that may be adversely affected by its finance. |
Policy Assessments
Banks and Climate
Bank net zero commitments
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
News
Documents
Policies
Voluntary standards
China CITIC Bank has committed itself to the following voluntary standards:Investment policies
China CITIC Bank has no publicly available investment policies, nor does it have a web page on corporate social responsibility. The bank only lists its recent annual CSR reports.