List of banks in China
This is a list of banks in China, including Mainland China, Hong Kong, Macau.
The central bank of the People's Republic of China is the People's Bank of China, a component of the State Council, the Central Government of China. The People's Bank of China is mainly responsible for issuing the Renminbi and administering its circulation, formulating and implementing monetary policy in accordance with law and etc.. And its counterparts in Hong Kong SAR, Macau SAR are Hong Kong Monetary Authority, Monetary Authority of Macao respectively.
Banks in Mainland China
All banks, except the People's Bank of China, are under the supervision of China Banking and Insurance Regulatory Commission, an agency of the People's Republic of China authorised by the State Council.Policy banks
It is commonly known that there are three policy banks in China as the chart below. Among them, China Development Bank was incorporated as China Development Bank Corporation in December 2008, and officially defined by the State Council as a development finance institution in March 2015.Name | Chinese | Headquarters |
Agricultural Development Bank of China | 中国农业发展银行 | Beijing |
China Development Bank | 国家开发银行 | Beijing |
Exim Bank of China | 中国进出口银行 | Beijing |
Commercial Banks (State-owned)
There are six state-owned commercial banks in China as the chart below. These banks are listed by their Tier 1 capital amount in 2018.The banks below with asterisks are the four major state-owned banks or BIG FOUR BANKS in China. These four banks are the four biggest banks around world in 2018, as the statistic result made by The Banker.
Bank of Communications was established in 1908 and restructured and re-commenced operations on 1 April 1987, which is one of the banks with the longest history in China. Moreover, it is the first state-owned incorporated bank in the PRC. So it is always regarded as the fifth major state-owned bank in China.
Postal Savings Bank of China is a leading large retail bank in China with most outlets, up to about 40,000, covering rural areas to a large extent. Over 80% of all its outlets are set along with post office of China Post.
Name | Abbreviation | Chinese | Abbr. in Chinese | Headquarters |
Industrial and Commercial Bank of China * | ICBC | 中国工商银行 | 工行 | Beijing |
China Construction Bank * | CCB | 中国建设银行 | 建行 | Beijing |
Bank of China * | BOC | 中国银行 | 中行 | Beijing |
Agricultural Bank of China * | ABC | 中国农业银行 | 农行 | Beijing |
Bank of Communications | BoCom | 交通银行 | 交行 | Shanghai |
Postal Savings Bank of China | PSBC | 中国邮政储蓄银行 | 邮储银行 | Beijing |
Commercial Banks (12 Nationwide Incorporated)
There are 12 nationwide incorporated commercial banks in China as the chart below. These banks are listed by their Tier 1 capital amount in 2018.Name | Chinese | Headquarters |
China Merchants Bank | 招商银行 | Shenzhen |
Shanghai Pudong Development Bank | 上海浦东发展银行 | Shanghai |
Industrial Bank | 兴业银行 | Fuzhou |
China CITIC Bank | 中信银行 | Beijing |
China Minsheng Bank | 中国民生银行 | Beijing |
China Everbright Bank | 中国光大银行 | Beijing |
Ping An Bank | 平安银行 | Shenzhen |
Huaxia Bank | 华夏银行 | Beijing |
China Guangfa Bank | 广发银行 | Guangzhou |
China Zheshang Bank | 浙商银行 | Hangzhou |
China Bohai Bank | 渤海银行 | Tianjin |
Hengfeng Bank / Evergrowing Bank | 恒丰银行 | Yantai |
Commercial Banks (City and regional)
City commercial banks and regional commercial banks were transferred from urban credit cooperatives established in 1980s and 1990s. They have been important components of banks in China. This is an incomplete list of city banks and regional banks.- Bank of Beijing
- Bank of Shanghai
- Bank of Jiangsu
- Bank of Ningbo
- Bank of Dalian
- Bank of Taizhou
- Bank of Tianjin
- Xiamen International Bank
- Tai'an Bank
- Shengjing Bank
- Harbin Bank
- Bank of Jilin
Commercial Banks (Rural)
There are 30 rural commercial banks complete The Banker TOP1000 bank around the world like Beijing Rural Commercial Bank, Shanghai Rural Commercial Bank, Chongqing Rural Commercial Bank and etc..
Internet Banks and other private banks
- WeBank - The first private bank and Internet bank in China, initiated by Tencent.
- MYbank - Internet bank in China, established by ANT FINANCIAL SERVICES GROUP.
- Shanghai Huarui Bank
- Wenzhou Minshang Bank
- Liaoning Zhenxing Bank
Other banks
- Bank of Kunlun
- SiliBank
Branches and subsidiaries of foreign banks
The list below is incomplete.
- ABN AMRO
- Australia and New Zealand Banking Group
- Citibank
- DBS Bank
- Hang Seng Bank
- JPMorgan Chase Bank *
- Mizuho Corporate Bank *
- Dah Sing Bank
- Woori Bank
- Shinhan Bank
- Hana Bank
- Societe Generale
- Bank of Montreal
- Fubon Bank
- Australia and New Zealand Bank
- Banco Santander
- Bank of America Merrill Lynch
- Bank of Montreal
- Scotiabank
- Bank of New York Mellon
- Bank Mandiri
- Barclays Bank
- BBVA Bank
- BNP Paribas
- Citibank China
- Commonwealth Bank of Australia
- Commerzbank
- Crédit Agricole
- Credit Suisse
- Dah Sing Bank
- DBS Bank
- Deutsche Bank
- ING Bank
- Intesa Sanpaolo
- JPMorgan Chase Bank
- KASIKORNBANK
- KBC Bank
- Mizuho Corporate Bank
- National Australia Bank
- Norddeutsche Landes Bank
- OCBC Wing Hang Bank
- Oversea-Chinese Banking Corporation
- Rabobank
- Raiffeisen Bank International
- SPD Silicon Valley Bank
- The Bank of East Asia
- The Bank of Tokyo-Mitsubishi UFJ *
- The Hongkong and Shanghai Banking Corporation
- Standard Chartered Bank
- UBS
- United Overseas Bank
- United Overseas Bank
- VTB Bank
- Wells Fargo Bank
- Westpac Bank
Banks in the Special Administrative Regions
Hong Kong
The currency board and de facto central bank of Hong Kong is Hong Kong Monetary Authority.Hong Kong Dollar, the official currency of HKSAR, is issued by Hong Kong Monetary Authority, Bank of China, HSBC and Standard Chartered.
Part of commercial banks in Hong Kong are listed below.
- Bank of China Limited
- Bank of East Asia, Limited
- China Construction Bank Corporation Limited
- Chiyu Banking Corporation Limited
- Chong Hing Bank Limited
- Citibank Limited
- CITIC Ka Wah Bank Limited
- Columbia Bank Limited
- Dah Sing Bank Limited
- DBS Bank Limited
- East Asia Banking Corporation Limited
- Fubon Bank Limited
- Hang Seng Bank Ltd.
- Hongkong and Shanghai Banking Corporation Limited
- Industrial and Commercial Bank of China Limited
- MEVAS Bank Limited
- Nanyang Commercial Bank, Limited
- OCBC Wing Hang Bank Limited
- Public Bank Limited
- Shanghai Commercial Bank Ltd.
- Standard Bank Asia Limited
- Standard Chartered Bank Limited
- Tai Sang Bank Ltd.
- Tai Yau Bank Ltd.
- Wing Lung Bank Limited
- Bank of East West China
Macau
Macanese pataca, the official currency of Macau SAR, is issued by Monetary Authority of Macao, Bank of China and Banco Nacional Ultramarino.
Part of commercial banks in Macau are listed below.
- OCBC Wing Hang Bank Limited - Banco Weng Hang, S.A.
- Banco Delta Asia Limited - Banco Delta Ásia, S.A.R.L.
- China Construction Bank Corporation Limited - Banco de Construcao da China, S.A.
- Industrial and Commercial Bank of China - Banco Industrial e Comercial da China, S.A.
- Luso International Banking Limited - Banco Luso Internacional, S.A.
- Banco Comercial de Macau, S.A. - Banco Comercial Português, S.A.
- The Macau Chinese Bank Ltd. - Banco Chinês de Macau, S.A.
- Banco Nacional Ultramarino, S.A. - Banco Nacional Ultramarino, S.A.
- Well Link Bank, S.A. - Well Link Bank, S.A.