China Citic Bank Corporation Limited (China)

China Citic Bank Corporation Limited is a prominent commercial bank in China. It was established during the country's reform and opening-up period and has played an active role in China's economic development. The bank has been involved in domestic and international financial markets and has made significant contributions to the modernization of China's financial sector. With strong capital resources, it has grown rapidly and become a nationally competitive commercial bank. In 2013, the bank was ranked 47th in terms of Tier 1 capital and 57th in terms of total assets in the Banker's Top 1000 World Banks ranking. It was also recognized as one of China's top 10 listed companies for corporate governance. The bank achieved simultaneous listing of A and H shares in 2007, making it one of the internationally recognized publicly traded banks. In 2009, it successfully acquired China International Capital Corporation Limited and established an international operating platform. The bank completed a successful rights issue in 2011, laying a solid foundation for its development. In 2013, the bank formulated a new development strategy with the vision of becoming a first-class commercial bank with unique market value.