Is Industrial Bank a state-owned enterprise or a central enterprise?

Industrial Bank is a state-owned enterprise. Industrial Bank refers to Industrial Bank Co., Ltd., a national joint-stock commercial bank controlled by the state, a private joint-stock commercial bank and a state-controlled bank. Therefore, Industrial Bank has both the nature of private enterprises and the characteristics of state-owned enterprises, but because it is state-controlled, it is more inclined to be regarded as state-owned enterprises.

Industrial Bank Co., Ltd. was established on August 26th, 1988. It is one of the first joint-stock commercial banks approved by the People's Bank of the State Council and China, and its head office is located in Fuzhou, Fujian Province. It was officially listed on the Shanghai Stock Exchange on February 5, 2007 (stock code: 60 1 166), and its registered capital is now 10786 million yuan.

Scope of business and business

The business scope of Industrial Bank includes absorbing public deposits; Issue short-,medium-and long-term loans; Handle domestic and international settlement; Handle bill acceptance and discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds and financial bonds; Inter-bank loans; Buying and selling, acting as an agent to buy and sell foreign exchange, etc. In addition, Industrial Bank also provides asset custody business, letter of credit service and guarantee, agency payment, insurance agency business and safe deposit box service.

Operating conditions and performance

Industrial Bank has maintained steady operation in recent years. For example, in the first three quarters of 2023, Industrial Bank achieved operating income of1612.96 million yuan. However, due to multiple factors such as the market environment, the net profit attributable to shareholders of the parent company in the third quarter decreased by 17.22% year-on-year, while Industrial Bank still maintained strong risk resilience and good asset quality.

Organizational structure and branches

Industrial Bank has a perfect organizational structure, including the general meeting of shareholders, the board of directors, the board of supervisors and other governance institutions, and has offices in Beijing, Shanghai, Guangzhou, Shenzhen, Nanjing, Hangzhou, Tianjin, Shenyang, Zhengzhou, Jinan, Chongqing, Wuhan, Chengdu, Xi 'an, Fuzhou, Xiamen, Taiyuan, Kunming, Changsha, Ningbo, Wenzhou, Yiwu, Taizhou, Dongguan and Foshan. In Shanghai and Beijing, there are operating institutions of the head office, such as fund operation center, credit card center, retail bank management headquarters, asset custody department, bank cooperation service center, major customer business department, investment banking department, futures finance department and sustainable finance center. , and established online banking, telephone banking and mobile banking, and established correspondent bank relations with more than 65,438+0,000 banks around the world.

Corporate culture and social responsibility

Industrial Bank adheres to the mission of "sincere service and * * * cooperation" and adheres to the core values of "rationality, innovation, humanity and * * * enjoyment". While pursuing economic benefits, Industrial Bank also actively fulfills its social responsibilities, pays attention to environmental protection and public welfare undertakings, and strives to achieve sustainable development.