List of banks in China
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This is a list of banks in China, including Mainland China, Hong Kong, and Macau. The central bank of the
People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
is the
People's Bank of China The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by ...
, a component of the State Council, the Central Government of China. The People's Bank of China is mainly responsible for issuing the Renminbi and administering its circulation, in addition to formulating and implementing monetary policy in accordance with Chinese law. Its counterparts in the special administrative regions of
Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...
and
Macau Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), is a city and special administrative region of China in the western Pearl River Delta by the South China Sea. With a p ...
are the Hong Kong Monetary Authority and the
Monetary Authority of Macao The Monetary Authority of Macao (; pt, Autoridade Monetária de Macau, AMCM) is the currency board and the de facto central bank of Macau. The regulatory institution was established on December 20, 1999, upon the transfer of sovereignty ov ...
respectively, both of which serve as their respective locale's
currency board In public finance, a currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exch ...
and de facto
central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central b ...
.


Banks in Mainland China

All banks, save the People's Bank of China, are under the supervision of China Banking and Insurance Regulatory Commission.


Policy banks

China has three policy banks. Among them, China Development Bank was incorporated in December 2008 and officially defined by the State Council as a
development finance institution A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis. , total commitme ...
in March 2015.


State-owned Commercial Banks

China has six state-owned commercial banks. These banks are ranked by their Tier 1 capital amount as of 2018. Banks with asterisks (*) are the four major state-owned banks (i.e. the "Big Four Banks").
Bank of Communications Bank of Communications Limited (BoComm) (; often abbreviated as ), is the fifth-largest bank in mainland China. Established in 1908, the Bank of Communications claims a long history in China and is one of the banks to have issued banknotes in mo ...
was founded in 1908. On 1 April 1987, it was restructured and re-commenced operations as the first state-owned bank in China. Postal Savings Bank of China has the most outlets of any retail bank in China (~40,000). Over 80% of its outlets accompany China Post post offices.


Commercial Banks A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corp ...

China has 12 national
commercial banks A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corp ...
. These banks are ordered by their Tier 1 capital amount as of 2018.


City

Commercial Banks A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corp ...

City
commercial banks A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corp ...
were transferred from urban credit cooperatives established in 1980s and 1990s. * Bank of Jiujiang *
Bank of Beijing Bank of Beijing Co., Ltd. (abb. BOB) is an urban commercial bank based in Beijing, China. According to the bank, most of the revenue came from Beijing, despite that the banking group had more than half of the branches located outside the direct- ...
* Bank of Shanghai * Bank of Jiangsu * Bank of Ningbo * Bank of Dalian * Bank of Taizhou * Bank of Tianjin * Xiamen International Bank * Tai'an Bank * Shengjing Bank ( Shenyang) * Harbin Bank * Bank of Jilin


Rural Commercial Banks

Rural commercial banks were converted from rural credit cooperatives and play an important role in rural financial needs. Some rural commercial banks include Beijing Rural Commercial Bank, Shanghai Rural Commercial Bank, and Chongqing Rural Commercial Bank.


Internet Banks and other private banks

* WeBank (China) (
Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern province ...
) – The first private bank and Internet bank in China, initiated by
Tencent Tencent Holdings Ltd. () is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the wo ...
. * MYbank (
Hangzhou Hangzhou ( or , ; , , Standard Mandarin pronunciation: ), also romanized as Hangchow, is the capital and most populous city of Zhejiang, China. It is located in the northwestern part of the province, sitting at the head of Hangzhou Bay, whic ...
) – Internet bank in China, established by
Ant Financial Services Group Ant Group ()'','' formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 millio ...
*Shanghai Huarui Bank *Wenzhou Minshang Bank *Liaoning Zhenxing Bank


Other banks

*
Bank of Kunlun A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...
(昆仑银行) * SiliBank (实利银行) *Bank of Lanzhou *Bank of Gansu


Branches and subsidiaries of foreign banks

The
China Banking Regulatory Commission The China Banking Regulatory Commission (CBRC) was an agency of the People's Republic of China (PRC) authorised by the State Council to regulate the banking sector of the PRC except the territories of Hong Kong and Macau, both of which are spe ...
(CBRC) announced its approval for nine foreign-funded banks to start their preparatory work for setting up local corporations in China on 24 December 2006. Following this, additional banks have been able to incorporate locally. The following is a non-exhaustive list. Asterisks (*) indicate that the bank does not service individuals. *
ABN AMRO ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizat ...
(Netherlands) (now RBS China due to de-merging) *
Australia and New Zealand Banking Group The Australia and New Zealand Banking Group Limited (ANZ) is an Australian multinational banking and financial services company headquartered in Melbourne, Victoria. It is Australia's second-largest bank by assets and fourth-largest bank by ma ...
*
Banco Santander Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centr ...
*
Bank Mandiri PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in terms of assets, loans and deposits. Total assets as of March 2021, were IDR 1.58 quadrillion (around US$110.56 billion). As ...
* Bank of America Merrill Lynch * Bank of Montreal (Canada) * Bank of New York Mellon *
Barclays Bank Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
*
BBVA Banco Bilbao Vizcaya Argentaria, S.A. (), better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present ...
Bank * BNP Paribas * Citibank (United States) * Commerzbank *
Commonwealth Bank of Australia The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, busine ...
* Crédit Agricole * Credit Suisse * Dah Sing Bank * Dah Sing Bank (Hong Kong) * DBS Bank (Singapore) *
Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...
* Fubon Bank (Taiwan) *
Hana Bank Hana Bank (; KEB Hana Bank outside South Korea) is a commercial bank headquartered in Seoul, South Korea. Since its establishment as Korea Exchange Bank in 1967, it provides the largest range of foreign exchange products in South Korea. History ...
(South Korea) *
Hang Seng Bank Hang Seng Bank Limited () is a Hong Kong-based banking and financial services company with headquarters in Central, Hong Kong. It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, ...
(Hong Kong) *
ING Bank The ING Group ( nl, ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banki ...
*
Intesa Sanpaolo Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity ...
* JPMorgan Chase Bank (United States)* * KASIKORNBANK (开泰银行) *
KBC Bank KBC Group is a Belgian universal multi-channel bank-insurer, focusing on private clients and small and medium-sized enterprises in Belgium, Bulgaria, Czech Republic, Hungary, and Slovakia. It was created in 1998 through the merger of Kredietbank ...
*
Mizuho Corporate Bank , or MHCB, was the corporate and investment banking subsidiary of Mizuho Financial Group, the second-biggest Japanese financial services conglomerate, prior to the reintegration of investment banking services under the Mizuho Bank name in Jul ...
(Japan)* * National Australia Bank * Natixis *
Norddeutsche Landesbank The Norddeutsche Landesbank Girozentrale (abbreviated NORD/LB) is a German Landesbank and one of the largest commercial banks in Germany. It is a public corporation majority-owned by the federal states of Lower Saxony and Saxony-Anhalt with its he ...
* OCBC Wing Hang Bank (Hong Kong) *
Oversea-Chinese Banking Corporation Oversea-Chinese Banking Corporation, Limited (), often known as OCBC Bank (), is a Singaporean multinational banking and financial services corporation headquartered in OCBC Centre, Singapore. OCBC Bank was born out of the Great Depression t ...
(Singapore) *
Rabobank Rabobank (; full name: ''Coöperatieve Rabobank U.A.'') is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. The group comprises 89 local Dutch Rabobanks (2019), a central organisation (Raboban ...
* Raiffeisen Bank International * Scotiabank (Canada) *
Shinhan Bank Shinhan Bank Co., Ltd. () is a bank headquartered in Seoul, South Korea. Historically it was the first bank in Korea, established under the name Hanseong Bank in 1897. The bank was reestablished in 1982. It is part of the Shinhan Financial Gro ...
(South Korea) * Societe Generale (France) *SPD
Silicon Valley Bank Silicon Valley Bank is an American commercial bank. SVB is on the list of largest banks in the United States, and is the biggest bank in Silicon Valley based on local deposits. It is a subsidiary of SVB Financial Group. History Silicon Valley Ba ...
* Standard Chartered Bank (United Kingdom) * The Bank of East Asia (Hong Kong) *
The Bank of Tokyo-Mitsubishi UFJ is the largest bank in Japan. It was established on January 1, 2006, following the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. MUFG is one of the three so-called Japanese "megabanks" (along with SMBC and Mizuho). As such, ...
(Japan)* *
The Hongkong and Shanghai Banking Corporation The Hongkong and Shanghai Banking Corporation Limited (), commonly known as HSBC (), was the parent entity of the multinational HSBC banking group until 1991, and is now its Hong Kong-based Asia-Pacific subsidiary. The largest bank in Hong K ...
(Hong Kong – see HSBC Bank (China)) * UBS *
United Overseas Bank United Overseas Bank Limited (), often known as UOB, is a Singaporean multinational banking corporation headquartered in Singapore, with branches mostly found in most Southeast Asian countries. Founded in 1935 as United Chinese Bank (UCB) by S ...
(Singapore) *
VTB Bank VTB Bank (; formerly known as ''Vneshtorgbank'', , lit. 'International Trade Bank') is a Russian majority state-owned bank headquartered in various federal districts of Russia; its legal address is registered in St. Petersburg; as of 202 ...
*
Wells Fargo Bank Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United St ...
*
Westpac Bank Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, it ...
*
Woori Bank Woori Bank (Hangul: 우리은행 ''Uri Eunhaeng'') is a Korean multinational bank headquartered in Seoul. It is one of the four largest domestic banks in South Korea and is showing a strong presence not only for commercial banking but also for co ...
(South Korea)


Banks in the Special Administrative Regions


Hong Kong

The
currency board In public finance, a currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exch ...
and
central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central b ...
of Hong Kong is Hong Kong Monetary Authority. Banknotes of the
Hong Kong Dollar The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong ...
, the official currency of the HKSAR, is issued by Hong Kong Monetary Authority,
Bank of China (Hong Kong) Bank of China (Hong Kong) Limited () also known as its short name Bank of China (Hong Kong) or BOCHK (), is a subsidiary of the Bank of China (via a Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong ...
, HSBC and Standard Chartered (Hong Kong). Part of commercial banks in Hong Kong are listed below. *
Bank of China (Hong Kong) Bank of China (Hong Kong) Limited () also known as its short name Bank of China (Hong Kong) or BOCHK (), is a subsidiary of the Bank of China (via a Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong ...
Limited *
Bank of East Asia The Bank of East Asia Limited, often abbreviated to BEA, is a Hong Kong banking and financial services company, headquartered in Central, Hong Kong. It is currently the largest independent local Hong Kong bank, and one of two remaining family ...
Limited * China Construction Bank (Asia) Corporation Limited *
Chiyu Banking Corporation Chiyu Banking Corporation Limited also known as Chiyu Bank is a bank incorporated in Hong Kong. History It was founded by Tan Kah Kee on 15 July 1947, and it has 23 branches in Hong Kong and focuses on serving the community of Fujianese peo ...
Limited * Chong Hing Bank Limited * Citibank (Hong Kong) Limited *
CITIC Ka Wah Bank China CITIC Bank International Limited (Chinese: 中信銀行(國際), CNCBI in short) is a full-service commercial bank in Hong Kong. China CITIC Bank Corporation Limited, via its wholly-owned subsidiary CITIC International Financial Holdings ...
Limited * Columbia Bank Limited * Dah Sing Bank Limited *
DBS Bank (Hong Kong) DBS Bank (Hong Kong) Limited () is a licensed bank incorporated in Hong Kong. It is a subsidiary of DBS Bank headquartered in Singapore and it is also the seventh-largest bank in Hong Kong by total assets. History In 1999, DBS Bank acquired Kwong ...
Limited * East Asia Banking Corporation Limited * Fubon Bank (Hong Kong) Limited *
Hang Seng Bank Hang Seng Bank Limited () is a Hong Kong-based banking and financial services company with headquarters in Central, Hong Kong. It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, ...
Ltd. *
Hongkong and Shanghai Banking Corporation The Hongkong and Shanghai Banking Corporation Limited (), commonly known as HSBC (), was the parent entity of the multinational HSBC banking group until 1991, and is now its Hong Kong-based Asia-Pacific subsidiary. The largest bank in Hong K ...
Limited (The) * Industrial and Commercial Bank of China (Asia) Limited * MEVAS Bank Limited * Nanyang Commercial Bank Limited * OCBC Wing Hang Bank Limited (Banco OCBC Weng Hang, S.A.) *
Public Bank (Hong Kong) Public Bank (Hong Kong) Limited ( Chinese: 大眾銀行(香港)有限公司) is a licensed bank in Hong Kong. Originally named Asia Commercial Bank Limited and owned by Asia Financial Holdings Limited (SEHK: 662, it was acquired by Public Financ ...
Limited *
Shanghai Commercial Bank The Shanghai Commercial Bank (SCB; Chinese: 上海商業銀行) is an international bank based in Hong Kong. Its subsidiary companies offer banking and financial services across the world, but mainly in China, the United Kingdom, and the United S ...
Ltd. * Standard Bank Asia Limited * Standard Chartered Bank (Hong Kong) Limited * Tai Sang Bank Ltd. * Tai Yau Bank Ltd. *
Wing Lung Bank CMB Wing Lung Bank () (former stock no: ) is a bank based in Hong Kong. As of December 2018, the Bank has 35 branches in Hong Kong, 4 branches in Mainland China, 1 branch in Macau and 2 overseas branches, located respectively in Los Angeles and Sa ...
Limited * Bank of East West China


Macau

The
currency board In public finance, a currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exch ...
and de facto
central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central b ...
of Macau is the
Monetary Authority of Macao The Monetary Authority of Macao (; pt, Autoridade Monetária de Macau, AMCM) is the currency board and the de facto central bank of Macau. The regulatory institution was established on December 20, 1999, upon the transfer of sovereignty ov ...
. Banknotes of the
Macau pataca The Macanese pataca or Macau pataca (; pt, pataca de Macau; sign: $; abbreviation: P; ISO code: MOP) is the currency of the Macau Special Administrative Region of the People's Republic of China. It is subdivided into 100 ''avos'' (; ''sin' ...
, the official currency of the Macau SAR, is issued by Banco da China, Sucursal de Macau and
Banco Nacional Ultramarino Banco Nacional Ultramarino (, BNU; ; en, National Overseas Bank) is a Macau banking and financial services corporation. It was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased e ...
. Some commercial banks in Macau are listed below: * OCBC Wing Hang Bank Limited – Banco Weng Hang, S.A. *
Banco Delta Asia Delta Asia Financial Group ( pt, Banco Delta Ásia S.A.R.L.; ) is a Macau-based bank owned by the Delta Asia Financial Group and founded in 1935 by Au Wing Ngok, father of Stanley Au, the current chairman and majority shareholder. It is the 10th la ...
Limited – Banco Delta Ásia, S.A.R.L. * China Construction Bank (Macau) Corporation Limited – Banco de Construção da China (Macau), S.A. * Industrial and Commercial Bank of China (Macau) – Banco Industrial e Comercial da China (Macau), S.A. * Luso International Banking Limited – Banco Luso Internacional, S.A. * Banco Comercial de Macau, S.A. – Banco Comercial Português, S.A. * The Macau Chinese Bank Ltd. – Banco Chinês de Macau, S.A. *
Banco Nacional Ultramarino Banco Nacional Ultramarino (, BNU; ; en, National Overseas Bank) is a Macau banking and financial services corporation. It was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased e ...
, S.A. – Banco Nacional Ultramarino, S.A. * Well Link Bank, S.A. – Well Link Bank, S.A.


See also

*
List of banks Lists of banks are contained in the following articles: By continent * List of banks in Africa – Each country in Africa has a list of banks operating in that country * List of banks in Asia – Asia has a list of banks operating in that co ...
* List of companies in China *
List of financial regulatory authorities by country The following is an incomplete list of financial regulatory authorities by country. List A-B * Afghanistan - Da Afghanistan Bank (DAB) * Albania - Albanian Financial Supervisory Authority (FSA) * Algeria - Commission d'Organisation et de ...
* Belt and Road Initiative *
People's Bank of China The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by ...
– the
central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central b ...
of China *
Cross-Border Inter-Bank Payments System The Cross-Border Interbank Payment System (CIPS) is a payment system which offers clearing and settlement services for its participants in cross-border RMB payments and trade. Backed by the People's Bank of China (PBOC), China launched the CIPS ...


Notes


References


External links


"Microbanking in China" by Wang Kejin
(
APEC The Asia-Pacific Economic Cooperation (APEC ) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.
2002 report) {{Asia topic, List of banks in * China
Banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becaus ...
China