The four major banks are the four major banks in China, including China Industrial and Commercial Bank, China Agricultural Bank, China Bank and China Construction Bank (industry, agriculture, China and construction), also known as the four major banks in the central government. It represents the most powerful financial capital in China. The four major state-owned banks have gone through the stage of specialized banking at the beginning of the founding of the People's Republic of China and entered the new century, basically becoming comprehensive large-scale listed banks, and they are all Fortune 500 enterprises. Nowadays, the business scope of the four major banks is no longer single, and they are moving towards the goal of comprehensive, international and modern commercial banks.
China Construction Bank was established in 1954, 10, 1 (it was then named People's Construction Bank of China, and was renamed China Construction Bank on March 26th, 1996). The basic background of the establishment of China Construction Bank is that with the implementation of People's Republic of China (PRC)'s first five-year plan to develop the national economy, large-scale economic construction centered on 156 key projects has been launched all over the country. In order to manage the huge construction funds, China Construction Bank came into being, and started a hard and glorious course.
China Industrial and Commercial Bank was established on 1984. As one of the largest commercial banks in China, it has been ranked among the top 500 enterprises in the world for several years. After more than 20 years of reform and development, China Industrial and Commercial Bank has stepped into the track of coordinated development of quality, efficiency and scale. At the end of 2003, the total assets were nearly 5.3 trillion yuan, accounting for nearly one-fifth of the total assets of banking financial institutions in China.
Agricultural Bank of China is one of the commercial banks with the strongest financial capital in China. Originally established in 195 1, it is the first state-owned commercial bank established in new China and an important part of China's financial system. Its head office is located in Beijing, ranking eighth in the "Top World Bank 1000", and Moody's credit rating is A 1.
On June 5438+1October 65438+May, 2009, China Agricultural Bank was transformed from a wholly state-owned commercial bank into a joint-stock commercial bank, renamed as "China Agricultural Bank Co., Ltd.", and completed the "A+H" listing on October 20 10, and officially became a large listed bank. A+H IPO of Agricultural Bank of China raised $22,654.38 billion globally.
Bank of China is one of the oldest commercial banks in China. China Bank, the full name of which is China Bank Co., Ltd., is one of the four state-owned commercial banks in Chinese mainland (excluding Hong Kong, Macao and Taiwan) and ranks third in scale. On June 24th, 2002, China Bank was established by order of Dr. Sun Yat-sen+1965438. 19 12 officially opened on February 5. It was reorganized from the Household Bank established by the Qing government in 1905 (renamed TaChingGovermentBank from 1908, responsible for rectifying the currency system, issuing currency, sorting out the national treasury and exercising the rights of the central bank).