The difference between China CITIC Bank Corporation and China CITIC Bank
Different in nature. China CITIC Co., Ltd. is a large-scale comprehensive multinational enterprise group that pays equal attention to finance and industry. Its business involves banking, securities, trust, insurance, funds, asset management and other financial fields as well as real estate, engineering contracting, resources and energy, infrastructure, machinery manufacturing, information industry and other industrial fields. CITIC Bank, founded in 1987, is one of the earliest emerging commercial banks in China during the period of reform and opening up, and the first commercial bank in China to participate in domestic and foreign financial market financing. CITIC Bank is a commercial bank, while ZTE Bank Co., Ltd. is a large-scale comprehensive multinational enterprise group that pays equal attention to finance and industry. They are different in nature.