• Organization TypeInvestment & Finance
  • HeadquartersChina
  • Founded1992

Huaxia Bank (华夏银行)

Hua Xia Bank started operation in Beijing in October 1992 when China ushered in the program of opening up and reform led by Chief Architect Deng Xiaoping. The Bank became a nationwide joint stock commercial bank after restructuring in March, 1995. In September 2003, Hua Xia Bank went public as the fifth of Chinese banks listed on the Shanghai Stock Exchange (Stock Ticker: 600015). In October 2005, Hua Xia Bank entered into an agreement with the international strategic investor, Deutsche Bank, and completed two rounds of private placement of new shares in October 2008 and April 2011 respectively.  As of end of June 2012, Hua Xia Bank has in place a "hub-and-spoke" network of 33 tier-1 branches, 23 tier-2 branches, 12 cross-city sub-branches and 437 outlets in 68 major cities, and a settlement network of more than 1000 correspondent banks located in 320 cities across 110 countries and regions covering major global trade zones. With total assets of RMB 1354.515 billion, Hua Xia Bank witnessed fast growth and gained impressive profitability with improving asset quality and optimized business structures. The operation efficiency as well as all lines of business is growing at a brisk pace. Hua Xia Bank ranked 97th by asset in 2012 according to The Banker's Top 1000 World Banks ranking published in July. In 2011, it ranked 306th among Top 500 Chinese Enterprises, 96th among Top 500 Chinese Service Enterprises and 67th among Top 200 Chinese Enterprise Performance.    
See more

Company Offices

  • China (headquarters)
  • Beijing
  • Hua Xia Bank Plaza, No.22 Jianguomennei Street, Dongcheng District