Introduction to China Minsheng Bank
China Minsheng Banking Corporation Limited (“China Minsheng Bank” or “the Bank”) was formally established in Beijing on 12 January 1996. It is China’s first national joint-stock commercial bank initiated and founded mainly by non-state-owned enterprises (NSOEs).

On 19 December 2000, the Bank was listed on the Shanghai Stock Exchange (A share code: 600016). On 26 November 2009, the Bank was listed on the Hong Kong Stock Exchange (H share code: 01988). 

As at the end of June 2020, total assets of the China Minsheng Bank group (the Bank and its subsidiaries) amounted to RMB7,142,641 million. In the first half of 2020, the group recorded operating income of RMB96,759 million, net profit attributable to equity shareholders of the Bank amounted to RMB28,453 million. As at the end of June 2020, the non-performing loan (NPL) ratio of the group was 1.69%, and allowance to NPLs was 152.25%.

As at the end of June 2020, the Bank had 42 branches in 41 cities across China, with 2,427 banking outlets and over 55 thousand employees. 

In the Top 1000 World Banks ranking released by The Banker in 2020, China Minsheng Bank was ranked No.23. In the Fortune Global 500 published by Fortune in 2020, it stood at No. 239. 

Adhering to the customer-centric philosophy and taking honesty as the basis, China Minsheng Bank will further consolidate competitive strength through reforms, improve quality and efficiency through structural adjustments and enhance capabilities in serving the real economy. It will strive to develop into a first-class commercial bank with distinctive features, increasing value, continuous innovation and stable operation, so as to create more values to customers and bring higher returns to investors.