- Major Events in 2011
- Major Events in 2010
- Major Events in 2009
- Major Events in 2008
- Major Events in 2007
- Major Events in 2006
- Major Events in 2005
- Major Events in 2004
- Major Events in 2003
- Major Events in 2002
- Major Events in 2001
- Major Events from 1998 to 2000
According to the 2011 performance bulletin of IB, in 2011, the bank realized business income of RMB 59.758 billion, a YoY increase of 37.51%; business profit of RMB 33.439 billion, a YoY increase of 39.93%; net profit of RMB 25.510 billion, a YoY increase of 37.74%; primary earnings per share of RMB 2.37, a YoY increase of 30.22%; and the weighted average yield of net assets reached 24.68%.
December 28, 2011 The bank successfully released the first issue of special financial bonds for loans to small enterprises in 2011. These are the first financial bonds specifically for loans to small and mini enterprises in the inter-bank bond market and also the first bonds to be issued after the re-opening of financial bonds of commercial banks.
December 28, 2011 The bank won the “Most Investable Listed Company” at the 5th Annual Meeting of Chinese Institutional Investors and Awarding Ceremony of the Gold Cicada Award.
December 20, 2011 At the appraisal for “the ‘Golden Dragon Award' of the 2011 Gold Medal List of Chinese Financial Institutions” jointly organized by the Financial Times and the Institute of Finance and Banking, Chinese Academy of Social Sciences, the bank was honored as the “Annual Best Joint-stock Commercial Bank” with its good financial performance, distinctive business features and sustainable development model that dares to assume social responsibilities.
December 19, 2011 The bank won the 2011 “Board of Directors Award” at the “10th Chinese Corporate Governance Forum” sponsored by the Shanghai Stock Exchange.
December 4, 2011 The bank won the Best Corporate Citizen Award at the 8th Appraisal of Best Corporate Citizens sponsored by 21st Century Business Herald. It is the fifth time that IB was horned with the award consecutively.
December 3, 2011 The bank was honored as the “Bank with the Best Green Financial Services across Asia in 2011” at the 6th Asian 21st Century Annual Finance Conference and Press Conference for the 2011 Asian Banks Competitiveness Rankings.
December 2011 The bank released the new generation of iPhone and Android mobile banking clients, providing customers with mobile financial services which are more comprehensive, convenient, fashionable and considerate. The new mobile banking clients have further improved the user experience, operation procedure and service functions.
December 2011 The 17th congress of the Contracting Parties to the United Nations Framework Convention on Climate Change (UNFCCC) was held in Durban, South Africa. The bank, as the only financial institution invited by the Ministry of Finance, went to Durban to discuss the future of climate change financing and carbon market jointly with institutions in the industry.
December 2011 Under the active driving of the bank, the first Chinese project following the Equator Principles voluntarily – Jingbian Xilan Liquefied Natural Gas (LNG) Integrated Utilization Project, was implemented successfully in Shaanxi. The success serves as a sign that the Equator Principles which are widely recognized across the world now gain more extensive recognition in China, and it also signifies that Chinese enterprises are shifting from following the Equator Principles in a passive way to seeking risk management based on the principles in an active way and the practice of sustainable finance makes further progress in China.
November 2011 At the appraisal of 2011 competitive financial institutions launched by China Business Journal, the bank won four awards, including “2011 Competitive Financial Institution for Outstanding Performance of Social Responsibility”, “2011 Competitive Bank for Outstanding Risk Control, “2011 Competitive Bank for Outstanding Supply Chain Financial Services”, and “2011 Competitive Bank for Outstanding Financial Services to Small Enterprises”, with its noticeable performance in terms of CSR practice, risk control, supply chain financial services and financial services to small enterprises.
November 2011 The bank ranked 105th among the Global Top 500 Green Enterprises in 2011 released by the well-known US media “Newsweek”, and came in 2nd place among the 32 listed Chinese-funded enterprises from the Chinese Mainland.
November 18, 2011 The bank was awarded the “Award for Best Assets Trust Bank” and the “Best Corporate Internet Banking Award” at the 9th Financial and Economic Honors 2011 sponsored by www.hexun.com.
November 11, 2011 The Award Ceremony for the 7th China Securities Market Annual Conference was held in Beijing, and the bank was awarded the “Golden Tripod Award” for blue chip companies with its excellent business performance and outstanding social contribution.
November 10, 2011 The bank donated another RMB 10 million to set up the “Industrial Bank Charity Grant”, assisting 2000 students in five universities in Fujian Province to complete their schooling.
November 2, 2011 IB Shanghai Branch and the Shanghai Environment and Energy Exchange officially entered into a regional strategic cooperation agreement in the field of carbon trading. Upholding the concept of sustainability, both parties will employ the market-leverage and financing roles of Shanghai as a pilot city for carbon trading and commit themselves to financial innovation and trading services to push forward the development of the low-carbon economy. This is an important landmark for Shanghai to stride toward being the carbon finance center of China.
October 31, 2011 The trade union for organs of the bank won the title “National Model Home for Employees” by the China National Federation of Trade Unions.
October 2011 The new generation of core system of the bank was smoothly brought online. As the most complicated IT system project with the largest scale undertaken since the bank’s founding, the new generation of core business systems brings about brand-new updated software design, hardware equipment, and operational environment, etc., so its running speed, capacity, functional integrity, and flow rationality has gained substantial leaps over the previous version.
September 15 Interbrand, the largest brand consulting company in the world, released the “2011 China's Best Brand Value List” during the 2011 Davos World Economic Forum Summer. Ranking No. 24, the bank boasted a brand value of RMB 6.743 billion, a 50% increase over 2010.
September 2011 The first issue of the non-public directional financing tool of Shaanxi Coal and Chemical Industry Group in 2011 – the first private placement debt financing tool mainly underwritten by the bank, was released successfully and was worth RMB 3 billion.
August 26, 2011 The "Fourth Award Ceremony of China Outstanding Trust Companies and Summit Forum on Wealth Management” sponsored by Securities Times was held in Shenzhen. China Industrial International Trust Limited, a subsidiary fully owned by the bank, won the “Most Influential Trust Company in China 2010” with its good development momentum and outstanding performance since its stock restructuring.
August 2011 The bank entered into a cooperation memorandum with HSBC Rural Bank Company Limited on the agent access to the China modern payment system, to provide the service of agent access to the modern payment system for rural banks that have been established and will be established by HSBC in China in the future.
July 2011 The US magazine “Fortune” released the 2011 Top 500 Chinese Enterprises and the bank ranked No. 84. Among the 40 Chinese companies with the highest profit margins, the bank came in 11th place, ranking No. 4 among the Chinese banks. Among the 40 most profitable Chinese companies, the bank came in the 15th place, ranking No. 9 among the Chinese banks.
July 2011 Industrial Bank and Kunming Fanya Metal Exchange entered into a strategic cooperation agreement in Shanghai, becoming a settlement bank and the first strategic bank partner of the exchange.
July 9, 2011 The 2nd Gold Shield List for Chinese Listed Companies was revealed in Beijing, and the bank was honored as the “Chinese Listed Company with the Best Investor Relations in 2011”.
June 2011 The bank won the “2010 Best Corporate Social Responsibility Institution Award of the China Banking Industry” and “2010 Best Green Finance Award of the China Banking Industry” by the China Banking Association.
June 2011 The bank released the mobile banking iPhone client to further extend the channels for mobile banking services.
June 30, 2011 The British Magazine, The Banker, released the top 1000 banks in 2011 around the world. In the new world ranking list, IB moved up significantly, ranking No. 83 in terms of tier one capital, up 14 places on the previous year; and ranking No. 75 in terms of total assets, up 18 places on the previous year.
June 8, 2011 Union Trust Limited controlled by the bank was officially renamed China Industrial International Trust Limited (Industrial Trust).
May 28, 2011 The bank released “IB-Taobao.com co-branded credit card” in partnership with Taobao.com and Alipay under the Alibaba Group to jointly provide a new generation of online payment services to credit card customers.
April 2011 The carbon asset pledged loan applied for to the bank by Xingyuan hydropower Generation Co., Ltd. of Minhou County, Fuzhou was granted formally, and this was the first credit business in China with future carbon assets as the pledge.
April 2011 The private banking department of the bank was established in Shanghai.
April 22, 2011 The World Earth Day, the public benefit oriented fund, “Low-carbon Happy Life Fund” set up by the IB Credit Card Center, in a centralized way, purchased 1,108 tons of voluntary carbon emission reductions, equivalent to neutralizing the carbon emissions of 8,000 people traveling 1,000 km by air. This shows the active practice of the bank in green finance and our awareness of social responsibility to advocate low carbon and environmental protection.
April 17, 2011 At the awarding ceremony of the 2010 China Financial Marketing Award held in Beijing, the bank-bank platform based rural banking service program of the bank won the Top 10 Financial Products Award.
March 29, 2011 The bank and Hang Seng Bank signed a letter of intent on strategic cooperation in Honk Kong. The two parties will further intensify their friendly partnership, actively drive the in-depth communication and cooperation in the fields of funds accommodation, customer service interaction, financial market business, asset management business, private banking, market research, and risk management, etc., and jointly drive the sustainable and rapid development of economic and trading cooperation between the Chinese Mainland and Hong Kong.
March 22, 2011 The bank held a press conference, announcing to release the Opinions on the Active Implementation of Financial Innovation to Fully Serve the ‘Five Campaigns’ of the Western Straits. With “seven innovations” to respond to the “Five Campaigns” of Fujian, the bank strove to improve its financial productivity and exert the guaranteeing role of finance, comprehensively integrating itself with and working hard for the scientific and leap-frog development of the Western Straits.
February 28, 2011 The “IB Sesame Blooming” SME IPO Program of the bank was honored as a “special financial service product for small enterprises by a financial institution in the Chinese banking industry” at the 2011 Appraisal and Commendation for Financial Services for Small Enterprises held by the China Banking Regulatory Commission.
January 30, 2011 The China Banking Regulatory Commission gave an official reply, approving the Request of Union Trust on Modification of Stock Rights and Stock Rights Restructuring. The bank gained the permission to purchase 51.18% stock rights of Union Trust Limited, thus becoming the third Chinese commercial bank to be approved to control a trust company. This signified a major breakthrough in integrated and group-oriented operations.
January, Industrial Bank Hohhot Branch officially opened.
January 2010 IB and the Beijing Environment Exchange jointly released the first credit card with a low-carbon theme – China Low-Carbon Credit Card, which signifies the sustainable finance strategy of the bank has extended from corporate finance to retail finance.
January 2010 The first industrial e-commerce exchange platform in Fujian Province – Industrial Bank's Energy Exchange Center (http://www.fjxycoal.com/) successfully launched with a bang, with over 100 dealers signing-up on the very first day.
February 2010 According to the “Top 500 Finance Brands” released by the British Magazine, The Banker, the brand value of IB reached USD 1.221 billion, up 160% with an increase of USD 750 million compared with the previous year. Its global rank 55 places to No.117 from No.172 in the world, and ranked No.9 among Chinese banks. Its brand value growth and rank improvement were both No.1 among Chinese banks.
February 2010 IB won the “China Baosteel Environmental Excellence Award” in the appraisal of the sixth “China Baosteel Environment Award”, becoming the only financial institution to receive this award.
March Industrial Bank Changchun Branch officially opened.
March 4, 2010 IB Published the 2009 annual social responsibility report – Sustainable Development Report of IB (2009). In addition to being the first sustainable development report in the Chinese banking industry, this is also the first social responsibility report in the industry focusing on sustainable development.
March 27, 2010 IB took part in the “Earth Hour” initiated by the World Wide Fund for Nature (WWF).
March 8, 2010 IB took the lead in launching customer end services for an agent access payment system in rural banks across China . This move will support the numerous rural banks in overcoming payment and settlement limitations and help them to improve their financial services.
March 30, 2010 Industrial Bank officially released the “IB Pass” in China, which is an integrated financial service program customized for the group of “growing business owners” including self-employed persons, individual industrial factories or commercial business owners, partners and owners of private enterprises.
April 19, 2010 IB donated RMB 15 million to the Yushu disaster-stricken area via the Chinese Red Cross to lend its full support to the relief of the disaster-stricken people in Yushu. The Bank also took urgent action to organize financial services to support the disaster relief, offering priority channels for pledging donations at the earliest possible time.
April 21, 2010 The latest Forbes Global 2000 rankings were released by the US magazine, Forbes. IB climbed 144 places to secure a rank of No. 245. Moreover, the bank ranked 15th among the 113 companies from the Chinese Mainland in the list.
April 2010 The business office of IB's Zhangzhou Branch was honored with the state-level title of “Model Youth Unit”.
May 2010 IB Successfully issued its placement shares. By the last date of subscription payment, shares effectively subscribed to accounted for 99.25% of the placement shares, amounting to 992 million shares. This is the highest subscription ratio in the A-share market since 2008, and the total funds raised reached RMB 17.864 billion.
May 2010 According to the newest 2010 rankings of the world's Top 500 companies as compiled by the authoritative publication, the Financial Times. In May 2010, I ndustrial Bank ranked No. 282, making it into the top 300 with a total market value of USD 27.044 billion, representing an increase of USD 10 billion over the previous year. This year's rank represents a climb of 10 places compared to the year before. Among the 23 Chinese Mainland enterprises entering the rankings, IB came 15th.
May 13, 2010 Industrial Bank officially publicized the Suggestions on Further Integrating into and Serving of the Western Straits Construction, announcing the implementation of a “multi-billion, six major engineering projects” program in the Western Straits. IB plans over the next few years to invest no less than RMB 100 billion in credit funds into the Western Straits construction, and act as the main economic construction force in the region. IB will comprehensively integrate itself with and work hard for the leaping development of the Western Straits region.
May 13, 2010 Industrial Bank and Evergrowing Bank held a signing ceremony in Yantai for the Comprehensive Strategic Cooperation Agreement and business cooperation agreements in regard to the Guimiantong Services and financing portal. The Evergrowing Bank is the 40 th domestic bank to sign a Guimiantong Service agreement over the bank-to-bank platform with Industrial Bank, and is the first national joint-stock commercial bank to do so.
May 18, 2010 IB launched the two-way NTD and RMB exchange business at three pilot branches in Fuzhou, Xiamen and Zhangzhou.
May 29, 2010 The results of the “Most Influential Series Appraisals of China's Securities Market Over 20 Years” were announced in Beijing . Industrial Bank had the honor of being named as the “Favorite Publicly Listed Company among Investors in China's Securities Market over the Last 20 Years”, by right of its stable and strong business performance and excellent work in investor relations.
June 18, 2010 Industrial Bank launched the “Open Sesame” SME IPO Program, which is characterized by two categories, three phases and nine schemes. Specifically, the program is based around the public listing of small and medium-sized enterprises and aims to provide customized financial service schemes at different stages of their growth.
June 20, 2010 Industrial Bank was awarded the No.1 prize in the category of “best listed companies for their contribution to social responsibility” in the 5 th Chinese Securities Journal Cup - “Top 10 Listed Companies for Competitiveness and Public Credibility”.
June 2010 IB's balance of all foreign currency deposits broke through the RMB 1,000 billion mark.
June 2010 Employees of Industrial Bank made a donation of RMB 1 million to the flood-stricken areas in Fujian. The donation will aid the disaster relief effort and help to resume production and rebuild homes in the flood-stricken areas.
July 2010 Internationally renowned British publication, The Banker, published its rankings of the world's Top 1000 Banks in 2010. IB continued to climb up the table, this time ranking 97th (20 positions higher than the year before) in terms of Tier 1 capital and 93rd (15 positions higher than the year before) in terms of total assets. This was the first time that the bank had been ranked among the Top 100 global banks.
July 2010 Hu Run Research Institute published the Hu Run Brand List. The brand value of Industrial Bank was RMB 15 billion, representing an increase of RMB 6.4 billion over last year. Industrial Bank ranked No.24 among China's 100 Most Valuable brand enterprises.
July 2010 According to the “2010 China's Best Brand Value List”, that was jointly released by one of the world's mainstream magazine, Forbes, and the biggest brand consultancy firm in the world, Inter brand, Industrial Bank ranks No.25.
July 2010 Hang Seng Indexes Company Limited announced the “Hang Seng Corporate Sustainability Index Series”. Industrial Bank was successfully listed in the “Hang Seng (China A) Corporate Sustainability Index” and “Hang Seng (Mainland and HK) Corporate Sustainability Index”, owing to its unremitting efforts and outstanding performance in sustainable development. Moreover, the bank ranks 2nd in the composite stock of “Hang Seng (China A) Corporate Sustainability Index” with a weighting of 10.32%.
July 13, 2010 The attached Chongqing Chemical and Pharmaceutical Selectable Credit Promotion Note of the “China Bond Agreement No.1” developed by Industrial Bank in alliance with China Bond Insurance Co., Ltd., Chongqing Chemical and Pharmaceutical Holding (Group) Company, etc., was issued successfully. This was the first credit risk mitigation financial product paid for by investors, and issued in the inter-bank market in China.
August 26, 2010 Industrial Bank Financial Leasing Co., LTD a subsidiary established under the sole investment of Industrial Bank, received the approval of the China Banking Regulatory Commission regarding its opening. With a registered capital of RMB 2 billion, and registered at Tianjin. The approval of the Industrial Bank Financial Leasing Co., LTD marked the crucial steps taken by IB in its overall business strategy.
September 10, 2010 The 1st Summit on Global Low-carbon Finance was held in Tianjin. The event was sponsored by Industrial Bank and organized by the People's Bank of China and Tianjin Municipal People's Government. With the theme of “Low-carbon finance and economic sustainable development: opportunities and challenges” the delegates at the forum came together to discuss issues and thoughts in regard to low-carbon finance, low-carbon economy and sustainable economic development.
October 21, 2010 Industrial Bank was recently honored with the award “2009 Best Bank for Technical Application in China” and the “2009 Best Green Bank in China” in the appraisal of “Best Banks in China” organized by the Economic Observer newspaper.
October 30, 2010 Industrial Bank was honored with the “Best Corporate Governance for a Financial Institution” award, in the selection and appraisal by the “Corporate Governance Index Release and Forum” organized by the Center for the Study of Corporate Governance of Nankai University.
November 6, 2010 The integrated financial services for individuals, the “IB Pass”, won the title of the national “Top 10 Special Financial Products Serving Small Businesses and Agriculture, Rural Areas and Farmers” at the “14th National Forum on Regional Finance”.
November 26, 2010 Organized in cooperation with 21st Century Business Herald, 21st Century Institute Financial Research Center in association with the Chinese University of Hong Kong, the “2010 Asian Banks Competitiveness Ranking Research Report” was published in Beijing on November 26, 2010. Industrial Bank was awarded the prize of “ 2010' s Most Profitable Bank in Asia ”, and ranked among the top ten Asian commercial banks in terms of overall competitiveness as their weighted average return on net assets for the bank exceeded 24% over the last four years.
November 28, 2010 Industrial Bank launched its public education service campaign in comprehensive way to strengthen the promotion of financial knowledge for the public and improve their awareness of financial security.
November 20, 2010 The Awards Ceremony of the 5th Appraisal of China's Investor Relations sponsored by the China Listed Company Investor Relations Management Research Center was held in Nanjing. Industrial Bank was the “Runner-up in the Top 100 Chinese A Share Listed Companies for Investor Relations” for a second time.
November 30, 2010 Industrial Bank Signed a Comprehensive Strategic Cooperation Agreement with China Unicom. Both companies will grasp the significant market opportunities brought about by the arrival of the 3G mobile internet era; further enhance their overall cooperation in basic communication, finance service, mobile internet applications, joint innovation and marketing, jointly promote innovation in mobile finance products, and jointly branch into the strategic fields of mobile payment, mobile banking, mobile business and value-added business so as to steadily improve the standard of mobile finance services.
December 2, 2010 Industrial Bank was conferred with the title of “2010's Low-carbon Pioneer Enterprise” in the appraisal held jointly by the Institute for Urban and Environmental Studies of the Chinese Academy of Social Sciences and 21st Century Business Herald, and the Bank was also covered in the “Report on Low-carbon Development of Chinese Enterprises”.
December 3, 2010 IB won the Best Corporate Citizen Prize in the Seventh Appraisal of China's Best Corporate Citizen sponsored by 21st Century Business Herald. It is the fourth time that IB has been horned with the Award.
December 20, 2010 The appraisal result of the “Golden Dragon Prize”– the 2009-2010 gold medal list of Chinese financial institutions organized jointly by the Financial Times and the Chinese Academy of Social Sciences was revealed in Beijing. Industrial Bank won the “Best Capital Operation” award.
According to the performance bulletin of IB in 2010, the bank's income from operations reached RMB 43.480 billion - a YoY increase of 37.25%; witnessing business profits of RMB 23.939 billion - a YoY increase of 39.04%; net profits of RMB 18.528 billion - a YoY increase of 39.5%; primary earnings per share went up to RMB 3.28 - a YoY increase of 31.20%, and the weighted average yield on net assets experienced a YoY increase of 24.66%.
January 7, 2009, the Sustainable Financing Center of the Corporate Financing Department of IB was established in Beijing. The center is charged with the task of developing sustainable finance, which includes carbon finance, energy efficiency finance and environmental finance.
January 9, 2009, IB was awarded two prizes in the 6th China Finance Rankings sponsored by Hexun.com, namely “Best Growth Bank of 2008” and “Outstanding Service Provider in the Chinese Banking Industry 2008”.
January 19, 2009, IB became the first bank to offer deferred-delivery physical gold products on the Shanghai Gold Exchange to clients nationwide.
January 2009, the number of credit cards issued by IB exceeded the 5-million mark. This positions the Bank as a major domestic credit card issuer.
February 19, 2009, deposits in RMB and foreign currencies exceeded the 100-billion mark for the very first time.
February 24, 2009, the China Foreign Exchange Trading Center granted IB the “2008 Excellence Award for Transactions” and the “Excellence Award for Derivative Products Transaction” as well as conferring it the titles “Best Market Maker”, “Best Market Maker with the Best Capability”, “Market Maker with the Greatest Influence” and “Most Popular Market Maker”.
February 2009, IB head office was named among the 4th group of “National Advanced Units for Cultural and Ideological Progress” by the Civilization Office of the Central Government.
March 27, 2009, IB entered into a strategic cooperation agreement with China Beijing Equity Exchange. The agreement involves cooperation in M&A loan business and in other areas such as corporate investment and financing, investment and financing consultancy and disposal of the credit assets of commercial banks.
April 9, 2009, IB was awarded the “Remarkable Contribution Award in Financial Business” in the 2008 China Financial Enterprises Charitable Rankings organized by the JRJ website and the China Association of Social Workers.
April 11, 2009, at the China Listed Company Board of Directors Summit Forum and the 5th (2008) Golden Round Table Award Presentation Ceremony, IB Board Director Mr. Gao Jianping was named “Most Socially Responsible Director”, Independent Director Ba Shusong was named “Most Influential Independent Director” and Board Secretary Tang Bin was named “Most Innovative Board Secretary”.
April 13, 2009, IB officially launched the “Golden Cube” brand cash management service, fully integrating the products and services of the “IB Wise Fortune” and “Online IB Five-star Navigation” brands to provide tailor-made cash management service solutions for corporate clients.
April 14, 2009, in the 2008 Chinese Banking Person of the Year Awards jointly organized by the China Finance Research Institute, China Financial Net and China Financial Journalists Club, IB Board Chairman Gao Jianping was named the “2008 Person of the Year in Chinese Banking”.
April 23, 2009, the IB Wuhan Branch entered into a strategic cooperation agreement with the Hubei Provincial People's Government. Under the agreement, the Industrial Bank promised to provide a total of RMB 50 billion in credit to transportation, automobile, steel, public and environmental and resource friendly projects in Hubei Province over the next 3 years.
April 2009, U.S. magazine Forbes published the Forbes Global 2000 rankings of listed companies. The Industrial Bank ranked No. 389 in the rankings, becoming the first enterprise from Fujian Province to make it into the Top 500.
May, Industrial Bank Shijiazhuang Branch officially opened.
May 10, 2009, in the 2009 Asian Banker Leadership Achievement Awards held by renowned financial magazine The Asian Banker, IB was honored with the “The Asian Banker Achievement Award for Payment Services to Banks and Corporations” owing to its remarkable performance in Bank-to-Bank cooperation.
May 2009, renowned international publication the Financial Times published the 2009 FT Global 500. IB entered the rankings for the first time in 292nd place with a total market value of USD 16.814 billion. The Industrial Bank ranked 16 th among the 27 companies from Mainland China that made the rankings.
May 2009, IB's customer service center (95561) was named “Best Call Center in China 2009” by the CRM Commission of the China Federation of IT Promotion and the CCCS (Customer Contact Center Standard Commission).
June 4, 2009, the Financial Times and IFC (International Finance Corporation) announced the winners of the 2009 FT Sustainable Banking Awards. The Company was nominated for two awards, i.e. the Sustainable Bank of the Year and Asian Sustainable Bank of the Year, and was named champion in the Asian Sustainable Bank of the Year category, becoming the first and only Chinese financial institution to receive the award.
June 6, 2009, The Awards Ceremony for the “4th Chinese Securities Cup Top 10 Listed Companies for Competitiveness & Public Credibility” was held in Nanjing . The Industrial Bank topped the list of “Listed Companies with the Sustainable Investment Value”, and Tang Bin, Secretary of the Board of Directors, was granted the title “Gold Medal Board Secretary for Investor Relations”.
June 8, 2009, the Department for Small Enterprises was established.
June 15, 2009, IB officially joined FACTORS CHAIN INTERNATIONAL.
June 26, 2009, IB was honored the “Award for China Brand Enterprise with the Greatest Social Influence of 2008” at the B&M 2009 3 rd Corporate Brand Dissemination Strength Chinese Summit.
June 26, 2009, the 2008 China Listed Company Value Appraisal and the 1 st Chinese Most Popular Listed Company Website Award Ceremony was held in Beijing. At the event, IB was name among “2008 China 100 Most Valuable Listed Companies”; IB's website was also named as “Best Commercial Platform Website” and Tang Bin, Secretary of the Board of Directors, was named among the “100 Best Board Secretaries of China's Listed Companies”.
June 27, 2009, the 11th Taurus Listed Company Forum and 2008 China Top 100 Listed Company Taurus Award Ceremony was held in Beijing. At the event, the Industrial Bank was awarded the “2008 Top 100 Listed Company Taurus Award”.
July 2009, IB's rankings went up in the 2009 World Top 1000 Banks rankings published by renowned international publication the Banker. The bank ranked No.117 in terms of tier-1 capital, 30 places higher than the year before and No. 9 among domestic banks. It ranked No. 108 in terms of total assets, 16 places higher than the year before and No.10 among domestic banks.
August 1, 2009, during the 2008 China Best Bank Award appraisal held by the Economic Observer, the Industrial Bank was granted the 2008 Best Green Bank Award, a special accolade of the 2008 China Best Bank Awards. The award was in recognition of the Industrial Bank's initiatives in green finance.
August 3, 2009, IB successfully launched agency services for deferred-delivery silver products on the Shanghai Gold Exchange. With this, IB offers agency services for more tradable varieties on the Shanghai Gold Exchange than any other domestic commercial bank.
August 19, 2009, IB donated RMB 2 million to Taiwan following the devastating Typhoon “MORAKOT” through the Fujian Red Cross. The donation was to aid the rebuilding effort in Taiwan.
September 5, 2009, IB was granted the award for “SME Best Financing Scheme” during the 2nd China MSE Financing Forum. The forum was jointly held by CASME, the Dalian Municipal People's Government, China Banking Association, Securities Association of China and the Financial Times.
September 25, 2009, in the 10 th China Outstanding Securities Website appraisal sponsored by Securities Times, IB's online bank and mobile phone were awarded the “Best Online Bank Award” and “Best Mobile Bank Award” respectively.
September 2009, IB's customer service center (95561) was named “2009 Best Call Center” by CCMWorld Group and the CC-CMM International Standard Certification Steering Committee.
November 17, 2009, the balance of retail credit loans exceeded the 150 billion mark.
November 21, 2009, IB's RMB 18 billion refinancing scheme was passed at the 19th Session of the 6th Board of Directors. The scheme was then passed at the 1 st interim General Shareholders' Meeting on December 8, 2009.
November 21, 2009, at the Fourth 21st Century Asian Finance Annual Meeting and 2009 Asian Bank Competitiveness Rankings Press Conference, IB was granted the “Best Asian Bank for Inter-bank Business”.
November 25, 2009, IB held a strategic cooperation agreement signing ceremony with Ministry of Railways in Beijing. According to the agreement, IB will provide the Ministry with an RMB 100 billion credit line to support the development of the railway infrastructure.
November 29, 2009, at the 2009 the First Financial Value Summit and 2009 First Financial Value Rankings Award Ceremony, IB's “Nature Life” financing brand was named the sole “Financing Brand of the Year” of the 2009 the First Financial Value Rankings. IB was also granted the “Annual Bank Financing Brand” Award.
December 3, 2009, IB was granted the “2009 Outstanding Nature Conservancy Award” by the WWF.
December 9, 2009, during the 6 th China Best Corporate Citizen appraisal sponsored by 21st century Business Herald and 21st Century Business Review, IB was granted the “China's Best Corporate Citizen Award” for the third consecutive year.
December 22, 2009, IB held a plaque presentation ceremony and news conference in Yong'an City to mark the first project in China 's banking industry to be governed by the Equator Principles. The bank announced the “Fujian Huadian Yong'an Power Generation 2×300MW Extension Project” at the event, the first project to which the Equator Principles have been applied. IB also granted a plaque reading “China Banking First Equator Principles Applicable Project” to the Fujian Huadian Power Generation Co., Ltd.
December 31, 2009, IB launched its own online shopping mall “IB Online Mall”. Joining forces with numerous well-known B 2C commercial websites in China, it is a one-stop e-commerce comprehensive service platform.
January The Industrial Bank was granted the “Best Corporate Public Image of 2007” in the “2007 Best Corporate Public Image Awards” organized by the Enterprise Research Institute of the Development Centre of the State Council, the China Credit Research Center of Beijing University, Sohu Business and Guanghua Media.
January Industrial Bank Harbin Branch officially opened.
February 25 The Industrial Bank signed the phase II cooperation agreement for energy-conservation and emission-reduction project finance with the IFC in Beijing. The agreement marks the beginning of deeper cooperation between the two sides in support of China's energy-saving and emission-reduction targets. According to the agreement, the IFC will provide risk-sharing loan of USD 100 million to the Industrial Bank, which will be used to support the bank in the issuing RMB 1.5 billion Yuan (around USD 210 million) of loans to energy-saving and emission-reducing projects. It is estimated that these loans will help to cut annual CO2 emissions by over 5 million tons, which is the equivalent to closing ten 100 MW thermal power stations.
March 18 The Outline of Comprehensive Businesses Plan of the Industrial Bank was adopted during the 7th meeting of the 6th Board of Directors of the Industrial Bank. The outline gave further clarification to the Bank's general aims in terms of comprehensive operation and outlined the fundamental principles and major measures to be adopted in that regard. The passing of this outline is a signal that the Industrial Bank will seek comprehensive development in a progressive manner.
May In the wake of the devastating earthquake that devastated Sichuan Province, the people at the Industrial Bank did their bit to support those in desperate need of aid by making total donations of over RMB 20 million Yuan and organizing for blankets, clothing, food and medicines to be sent to areas affected as soon as possible. More than a quarter of Bank employees also gave blood to support the relief effort. After the earthquake, the Industrial Bank was the first bank of its kind to provide special loans for post-disaster reconstruction. These loans were used to support infrastructure reconstruction projects in the disaster area, such as the rebuilding of city roads, sewers and bridges, and the demolition and rebuilding of condemned civilian buildings. The Industrial Bank took solid action in a bid to ensure the success of the disaster relief and reconstruction effort.
May 19 The Industrial Bank released “China Heart”, the first credit card in China to be themed on patriotism. The launch of the card coincided with the launch of the Bank's “China Heart” charity scheme.
June 15 The Industrial Bank topped the list of “Listed Companies with the Best Growth Potential 2007” in the 3rd Chinese Securities Journal Cup”Ten Most Competitive and Trusted Listed Companies” event.
June 26 The Industrial Bank had the honor of being named among China's 100 Most-valuable Listed Companies in an appraisal entitled “2007 China 100 Most Valuable Listed Companies” that was organized by Securities Times and Southern Fund.
July In the 2008 rankings of the world's top 1000 banks complied by the respected British publication The Banker, the Industrial Bank ranked in 147th place in terms of tier 1 capital (113 places higher than the previous year, 9th in China (10th the year before)) and in 124th place in terms of total assets (21 places higher then the previous year).
July 26 The Industrial Bank was awarded the “Prize for Innovation in Green Banking” in t he Top Banks in China 2007 appraisal that was organized by Economic Observer Newspaper.
August 26 The Industrial Bank celebrated its 20th anniversary. In a period of 20 years, the Industrial Bank has gone from being a regionally-based commercial bank limited in scale to being one of the world's top 200 banks and a top 10 banks in China. It has made the transition from local bank to regional bank, regional bank to nationwide bank and nationwide bank to listed bank in leapfrog fashion.
September 23 The Industrial Bank won the “Prize for the Most Service Conscious Bank” in the Golden Unicorn Awards organized by Sina.com.cn
September 25 The 2008 Summit of the Heads of National Joint Stock Commercial Banks organized by the Industrial Bank and the Guangxi Zhuang Autonomous Region People's Government was held in the City of Nanning. Discussions at the summit were held around the theme “The Social Responsibility of Chinese Joint Stock Commercial Banks”, and the event culminated in the joint signing of the Declaration of the Social Responsibilities of Joint Stock Commercial Banks.
October 31 The Industrial Bank held a press conference in Beijing during which it publicly pledged to adopt the Equator Principles. The Industrial Bank is the first bank in China to make such a pledge. With this move, the Industrial Bank has gone a step further than other banks in China in terms of the introduction of advanced international modes, the enhancement of environmental and social risk management and the promotion of rational and sustainable development. The Bank's guarantee to adopt the principles was reported on CCTV national news and in the mainstream media.
November 20 In an appraisal of the investor relations of IPO companies in 2007, the Industrial Bank claimed three major awards, namely: 2nd Place in the Top 100 for Investor Relations, the Prize for Best Communications and the Prize for Best Social Responsibility Contribution.
November 27 The Industrial Bank's brand “Wise Fortune” won the Best Corporate Finance Service Brand 2008 Award in the Financial Value Rankings 2008 that was organized by First Financial Daily . The diverse product combinations, financial service plans that cater to client needs and superior service quality that the “Wise Fortune” brand offers were instrumental in the winning of this award.
On November 28 The new-generation core system of the Xinxiang City Commercial Bank in Henan Province officially went online. The system was developed by the Industrial Bank for the Xinxiang City Commercial Bank. This marked the first time that the Industrial Bank has provided information system development services for a small or medium domestic enterprise on the basis of integration as opposed to outsourcing. Previously, the Bank developed and sold a customized core business system to the Dongying City Commercial Bank in Shandong Province in 2007. This move signifies that the Industrial Bank's innovative technological output service model, the first of its kind in the domestic banking industry, is becoming increasingly mature.
November 30 In the “2008 Competitiveness Rankings of Asian Banks” organized by 21st Century Economy News , the Industrial Bank claimed the “Award for the Best Bank in Mainland China for ROE”. This was the second year in a row that the Industrial Bank ranked in front of other Chinese banks in terms of investment yields.
December 6 The Industrial Bank once again won the Best Corporate Citizen Award at the 2008 Forum of Chinese Corporate Citizens and Presentation Ceremony for the 5th Best Corporate Citizen Awards, 2008 that was held by 21st Century Business Herald.
December 18 The Industrial Bank's “CIB Online Five-Star Navigation” service approach to corporate internet banking stood out from the crowd to claim the Award for Excellent Services in Corporate Internet Banking at the Grand Presentation Ceremony for the 2008 Sohu Finance Online Extravaganza. The system separated itself from the competition on the strength of its progressive and comprehensive services.
December 28 The Industrial Bank was named Joint-Stock Bank of the Year in an appraisal of the 50 Most Influential Events of reform and opening-up in China and 2008 Rankings of the Top Financial Institutions in China. The event was jointly held by the Financial Times and Financial Research Institute of the Chinese Academy of Social Sciences.
December 31 The total assets of the Industrial Bank rose to RMB 1.0233 Trillion Yuan, representing a 20% increase over the previous year. This was the first time that the assets of the Industrial Bank exceeded the Trillion Yuan mark.
January 8 Industrial Bank's A-share IPO was approved by China Securities Regulatory Commission (CSRC). The IPO issued 1.001 billion shares with issue price of RMB 15.98 per share. In the same month, the subscription fund for off-line allotment and on-line offering amounted to RMB 224 billion and RMB 937 billion respectively, both posting the highest record in domestic capital market.
January 18 “Natural Life” wealth management card of Industrial Bank was honored Best Growing Award for Cross-bank Deal and Outstanding Award for Successful Cross-boarder Deal Rate by China UnionPay.
January 20 Industrial Bank was awarded “Best Logistic Bank of China 2006” in the Annual Ports Meeting of China International Logistics (Annual Meeting of China Logistic Industry Development) and the awarding ceremony for Top Logistics of China.
January Garfield Credit Card of Industrial Bank was awarded “Outstanding Garfield Bank Card” and “Best Card Promotion of the Year” by PAWS Inc. and Visa International respectively.
January 27 In the awarding ceremony for “Top Financial and Economic Awards 2006” hosted by Hexun.com, Industrial Bank harvested 4 titles, including “Outstanding Banking Service 2006”, “Best Customer Experience of Internet Banking 2006”, “Best Banking Promotion 2006” and “Wealth Management of Most Valuable Investment 2006”.
February 3 Industrial Bank achieved “Best Customer Relationship Management (CRM) Application Award of China IPOWER500 2006” in China IPOWER500 2006 Meeting.
February 5 Industrial Bank was officially listed in Shanghai Stock Exchange with Stock Code 601166. On the first listing day, the share price opened at RMB 24.80 and closed at RMB 22.18, soaring 38.8% compared with issue price.
March QQ Show Credit Card and Wuhan Junefield SOGO Department Store Credit Card were awarded “Best Product Creation of the Year” by VISA International.
March Aiming VIP clients of “Natural Life” wealth management card, Industrial Bank launched new value-added service, Health Care Service.
March 31 The 3rd China Financial Experts Annual Meeting was jointly held in Beijing by China Finance Net, Economic Channel of CCTV and Sohu.com. Industrial Bank was awarded “Top 30 China Competitive Financial Institutions 2006”. Mr. Gao Jianping, the president of Industrial Bank, was awarded “Top People of China Banking Industry 2006”.
April 16 Industrial Bank won “Innovation Awards for Year of Joint Credit Construction 2006” in 4.16 China Credit Summit Forum 2007.
April Customer Service Center of Industrial Bank was awarded “Best Call Center of the Year” by China CRM Committee, CFIP.
April 22 “Auto Card”, the credit card for auto fans, was debuted.
May 16 “Lady's Card”, the first co-brand women credit card of Industrial Bank, was launched.
June 5 According to the "Top 100 Chinese Banks 2006" released by the British Magazine, The Banker , in Beijing, Industrial Bank ranked 1st among all the domestic commercial banks in terms of average return on capital and 10th in terms of tier 1 capital and total assets respectively.
June 7 IB Charity Education Fund Kicks off. Industrial Bank donated RMB 10 million to assist outstanding impoverished students in five universities across Fujian province.
June 7 Ground breaking ceremony for Industrial Bank Shanghai Operational Center was officially held in Zhangjiang Bank Card Industrial Park in Shanghai Pudong New District.
June 7 The Financial Times and IFC announced the winners of the 2007 FT Sustainable Banking Awards in London . Industrial Bank achieved runner-up in the Sustainable Deal of the Year category, becoming the first and sole Chinese financial institution to receive the award.
June 13 The cooperation program of “Core Business System for Shandong Dongying Commercial Bank” successfully put into operation. The successful system operation marks Industrial Bank's stage achievement as first commercial bank to export technology management of core business to financial institutions across the country.
July 6 IB held a joint press conference with Shanghai Gold Exchange in Beijing, introducing the first real gold portfolio in China to individual customers.
July IB made new leaps in the latest chart of Top 1000 World Banks released by the British journal The Banker, ranking 260th (37 positions higher than last year) for tier 1 capital and 145th (19 positions higher than last year) for total assets. Among Chinese banks, IB ranked 10th for the aforesaid two indicators, topped the list of national commercial banks in terms of average rate of return, and ranked 2nd and 3rd respectively when NPL and actual profit growth were considered.
July 30 IB subscribed Memorandum on Further Cooperation of Strategic Alliance with Industrial Securities Co., Ltd and Industrial Fund Management Co., Ltd. in Fuzhou , announcing the birth of the first strategic alliance among three different financial institutions (bank, securities and fund) in China.
July IB Customer Service Center 95561 was honored "The Best Customer Service Center in China " and "The Best Customer Service Manager in China " in the election event of The Best Customer Services in China 2006-2007.
August 6 IB launched a lecture tour themed "Salute to the 17th CPC National Congress & Intercommunicate with IB Staff" to give lectures to IB branches throughout the country. The purpose of the tour was to understand and explore the construction of corporate culture in IB by facilitating communications at grass-root levels such as corporate culture symposium and employee representative symposium.
August 7 IB Qingdao Branch and IB Dalian Branch were formally opened for business.
August 11 IB won "2007 IPO The Best Investor Relationship Management" award in The Best Investor Relationship Management Awards 2006 cosponsored by China Securities Journal and School of Engineering Management, Nanjing University. Mr. Tang Bin, Secretary of the Board of Directors of IB won the “Respectability and Popularity” award in the event.
August 13 IB's retail credit balance broke RMB100 billion Yuan, making IB the second joint stock commercial bank in China with retail credit balance over RMB100 billion Yuan.
August 24 The number of contracted clients using IB Bank-bank Platform pierced into 100 and reached 102.
September 6 IB subscribed a Global Trade Finance Service Agreement with International Finance Corporation, providing a formal access to global trade financing projects for IB.
September 20 The ceremony of 4 th Robert A. Mundell World Executive Awards was celebrated in Hong Kong . Mr. Gao Jianping, Industrial Bank Chairman, was among the recipients of this prestigious award .
October 19 The first Extraordinary General Meeting of IB in 2007 was convened in Fuzhou to elect members of the 6 th Board of Directors and the 4 th Board of Supervisors.
October IB's online banking services “CIB Online” won "The Most Innovative Bank Website" award in the 8 th Outstanding Chinese Financial and Security Website Awards sponsored by Securities Times.
November 2 The results of the CBN Financial Brand Ranking 2007 were unveiled in Beijing by the China Business News (CBN). Industrial Bank was honored the “Best Domestic Bank”.
November 6 IB released IB Platinum Credit Card in Shanghai. This was the first platinum credit card themed "Family Care" in China to initiate the concept of “Platinum Life, Prestigious Family”.
November 17 IB released its first department store co-brand credit card in a nationwide range – IB and Grand Ocean Department Store Co-brand Card. The card was simultaneously released in four cities namely Fuzhou, Quanzhou, Wuhan and Wuxi.
November 27 Economic China Forum 2007 & Green Credit Innovation Seminar cosponsored by IB, International Finance Corporation, Resources Conservation and Environmental Protection and Energy Source Institute of NDRC as well as Financial Times were successfully held in Beijing .
December 1 IB held a press conference in Shanghai , announcing the launch of its service brand in institutional business – Bank-bank Platform.
December 8 IB was titled the “4th Best Chinese Corporate Citizen” in the ceremony of the 4th Best Chinese Enterprise Citizen Awards cosponsored by 21st Century Economy News and 21st Century Business Review .
December 15 IB won the title of "Top 10 Commercial Banks Supporting Development of Small & Medium-sized Enterprises" in the 2nd Annual Conference of Chinese Small & Medium-sized Enterprise Owners cosponsored by China Association for Small & Medium Commercial Enterprises, China Society of Private Economy Research and Small & Medium-sized Enterprise Research Center of Chinese Academy of Social Sciences.
December 24 Accumulative number of IB credit cards issued broke through 3 million.
December 28 IB Nanning Branch was formally open for business.
December IB won “2007 Chinese Online Banking Comprehensive Development” award in the Annual Conference of Chinese Online Banking 2007 & press conference for Chinese Online Banking Investigation 2007 and Online Banking Virus Killer held by China Financial Certification Authority.
December IB's Mortgage Wizard won "Outstanding Innovative Mortgage Product" award in 2007 Sohu Online Financial Investigation & Year-end election event sponsored by Sohu Business Channel.
January 15 Industrial Bank Kunming Branch officially opened.
February The Bank was listed "China IPOWER500 2005" by National
Informatization Evaluation Center (NIEC) and granted the special award "The Best Management Prize
for Disaster Recovery and Business Continuity".
February In the evaluation event held by www.hexun.com, the Bank's
Internet banking business ranked No. 3 in term of comprehensive indexes among domestic commercial
banks.
March 31 The Bank successfully issued RMB 5 billion five-year financial
bonds of fixed interest rate.
April The bank's Customer Service Center 95561 was honored "Top 10
Service Brand in China 2006" in the selection event jointly held by Call Center Occupational
Standards Committee of the Ministry of Information Industry (MIICCOS), China Call-Center & CRM
Association (CNCCA) and CCMworld Group; was selected as the "Golden Service Unit with Outstanding
Service, Sound Credit and Excellent Public Appraise" in the selection event held by
China Top Brands.
May The Bank was approved to operate RMB structural wealth management
business by State Administration of Foreign Exchange.
May The Bank's Business Credit Card officially launched.
May 8 The Bank was among the first batch of banks to operate automatic
pledge financial Business.
May 17 The Bank signed with International Finance Corporation (IFC) in
Shanghai the cooperative agreement of China Utility-Based Energy Efficiency Finance Program.
May 25 The Bank hosted in Ningbo the Bank-Trust seminar stressing
"Innovation, Cooperation, Win-Win" theme.
June According to the "Top 100 Chinese Banks" list released by British
magazine
The Banker , the Bank ranked 1st in term of average profit ratio of capital and ranked
10th in term of tier 1 capital and total assets among domestic commercial banks.
June 5 Cooperative agreement giving prominence to the theme of "Common
Prosperity, Harmonious Finance" signed between the Bank and 7 financial institutions in Shanxi
province. Such large-scale cross-industry cooperation is the first case in nationwide financial
industry.
June 13 The Bank's Retail Banking Headquarters set up in Shanghai .
June 15 The Bank's Marketing and Service System for corporation business
put into use.
June 16 Industrial Bank Nanchang Branch officially opened.
June 22 The Bank hosted the city commercial bank cooperation seminar in
Shenyang and signed all-round cooperation agreement with 13 city commercial banks such as Shenyang
Commercial Bank, Anshan Commercial Bank, and so on.
June 26 Industrial Bank Hefei Branch officially opened.
June 27 The Bank's General Shareholders' Meeting 2005 held in Fuzhou .
June 27 Consultant service contract for corporation risk management
signed between the Bank and China Power Engineering Consulting Group Corporation. This move
initiated the all-round risk management consultant service for corporations by Chinese banking
industry.
July The latest global list, Top 1000 World Banks, released by The Banker , a British based magazine, saw Industrial Bank's ranking boost again. In terms of total assets, Industrial Bank ranked 164th with 46 positions advanced compared with previous year, and listed among top 200 world banks for the first time. In terms of tier 1 capital, Industrial Bank ranked 297th with 28 positions advanced compared with previous year.
July According to the latest "Top 300 Asian Banks 2006" released by Asia Week in Hong Kong, Industrial Bank was listed 42nd in terms of total assets, experiencing a 19-position jump from last year's 61st ranking. The list saw Industrial Bank's fastest ranking boost among domestic banks. Moreover, with its 39.6% growth rate, Industrial Bank ranked 7th among top 300 Asian banks in terms of growth rate of total assets.
August 12 In Wu Yi Mountain, Finance Innovation Forum was jointly held by Industrial Bank and Finance Research Institute of Chinese Academy of Social Sciences (CASS).
August Industrial Bank was approved to handle Individual Gold Investment Business and be the fund clearing bank by Shanghai Gold Exchange.
August Joined with domestic credit card gateway websites www.51credit.com , Industrial Bank launched "Online Application Service for Garfield Credit Card" to initiate an innovative platform for credit card application and approval. The move had been commended as the "New Marketing Landmark for Credit Card in China " by domestic financial media.
September 4 Industrial Bank was awarded “Successful Enterprise for E-business Application 2006” and “Outstanding E-business Enterprises in China ” in the Ninth China International E-business Convention.
September 4 Cooperation Exchange was held between Industrial Bank and provincial Rural Credit Cooperative Unions in Xiamen , over 30 provincial Rural Credit Cooperative Unions were invited.
September 15 "Agreement on All-round Bank-securities Cooperation " signed between Industrial Bank and Guangfa Securities Co., Ltd..
September 15 As the custody bank of "Global Eyeshot Stock Fund", Industrial Bank brought the month long fund sales to a consummate end and hit a new record high in stock fund sales among domestic shareholding commercial banks. The successful sales also witnessed Industrial Bank's breakthroughs in five performance sectors: the highest sales amount with single fund, the highest quality of customer resource, the highest proportion of channel distribution, the highest ratio of plan accomplishment, and the highest sales amount via internet banking.
September 22 Industrial Bank held "Worry-free Internet Banking Fuzhou Forum" together with China Financial Certification Authority (CFCA).
September Industrial Bank was approved to carry out "Overseas Wealth Management Business on Behalf of clients", and was listed the 8 th Chinese bank who obtained the qualification; In October , total USD 500 million foreign exchange quota was granted by State Administration of Foreign Exchange for investment under the item of overseas wealth management business on behalf of clients; On December 22 , first batch of overseas wealth management product on behalf of clients, "No. 1 Global Wealth Management", was officially launched.
September 27 Total RMB 4 billion hybird capital bond of 15-year term was successfully issued by Industrial Bank. With this act, Industrial Bank jumped to be the first domestic commercial bank that issued hybird capital bond with the approval of People's Bank of China and China Banking Regulatory Commission.
October 16 "A greement on Technology Management Service" was signed between Industrial Bank and Shandong Dongying Commercial Bank. According to the agreement, Industrial Bank would tailor a core business system for Dongying Commercial Bank based on the archetype of Industrial Bank's own core business system, and would take after the long-distance disaster recovery and daily maintenance of the system. The move blazed a new trial for core business technology export to financial institutions.
October 16 Industrial Bank Urumchi Branch officially opened.
October Industrial Bank was approved to handle Social Security Funds Custody Business by China Banking Regulatory Commission (CBRC).
November 10 First batch of agreement on "Third Party Depository of Clients' Trading Fund" was signed between Industrial Bank and Guotai Junan Securities.
November 15 Press Conference for "Mobile Banking" was held in Shanghai . The launch of mobile banking service was a remarkable move for Industrial Bank to be listed as competent all-round mobile banking provider among few domestic commercial banks. The newly launched "Wireless Channel" ( wap.cib.com.cn ) is a multifunctional service platform that covers SMS, WAP/KJAVA mobile banking, mobile wallet, and B 2C mobile settlement.
November 18 International Summit Forum for China Influence and Awarding Ceremony for Enterprise·Brand·People 2006 were jointly hosted by All-China Federation of Industry & Commerce, Phoenix Satellite TV (Chinese Channel), Fortune Times , VIP Weekly , and China Association of International Educators in Great Hall of the People in Beijing. Industrial Bank was crowned “The Most Influential Enterprise in China 2006” .
November 18 First E-business and Fund Marketing Forum 2006 and Awarding Ceremony for Outstanding Fund Website in China were jointly hosted by Sohu.com and NEWMEDIA Magazine. Industrial Bank was granted the sole "Contribution Award for Online Fund Distribution" for banking industry.
November 21 Press Conference for “EASYTRADE” was held in Shanghai by Industrial Bank. The most advanced international business service platform in the country, “ EASYTRADE”, was officially launched.
November 24 Industrial Bank hosted jointly with Shine Software Limited the "Seminar on Innovation of Securities Fund Depository and Settlement".
November "CIB ONLINE" ( www.cib.com.cn ) of Industrial Bank was awarded "Most Express Banking Website" in the 7 th selection event for "Outstanding Business Website in China ".
November 30 Industrial Bank held press conference jointly with Tencent to launch its QQ Show Credit Card, the first domestic credit card that integrated the actual and the virtual in one. The credit card would offer QQ Show group featured Internet services as virtual card payment, repayment through www.tenpay.com , online application, notice for electronic account statement, and instant message reminding.
November Among 14 Chinese yield curve quoting banks, Industrial Bank was evaluated as the bank with smallest price deviation and highest quoting quality by Bloomberg.
November “Golden Sesame”, the financial service solution for small and medium-sized enterprises by Industrial Bank, was awarded “Best Financing Solution for Small and Medium-sized Enterprises” by China Association of Small and Medium Enterprises, China Banking Association, and Financial News together.
December 8 The circulation of Industrial Bank credit card breached 1 million.
December 15 Launch ceremony for Wuhan Zhuangsheng SOGO Department Store Credit Card was held jointly by Industrial Bank and Wuhan Zhuangsheng SOGO Department Store. The first co-brand credit card with department store, Wuhan SOGO Department Store Card, was debuted.
December 17 The credit balance hit RMB 30.158 billion compared with the beginning of the year, bringing the original RMB 30-billion goal ahead of schedule.
December 25 "Wise Fortune" of Industrial Bank was crowned " Corporate-brand Planning Award" by China Association of Planning Tactics, China Association of Brand Industry, Fortune Times , and Wealth Magazine together.
December 28 The system for Third Party Depository of Clients' Trading Fund
was put into trial operation. Guangfa Securities Co., Ltd. and Guotai Junan Securities were the
first batch of securities companies participating in the online operation.
January 10 Approved by China Banking Regulatory Commission (CBRC), the
Bank's Financial Markets officially opened in Shanghai , and operates as the first domestic and
professional fund operation institution that held financial license individually.
January Industrial Bank Card (IB Card) activated ATM cash-drawn service,
ATM inquiry service and IB-card supported consumption service in Korea, Thailand and Singapore.
April 30 Mr. Chen Dekang was nominated as the vice president of the
Bank.
May Approved by China Securities Regulatory Commission (CSRC) and China
Banking Regulatory Commission (CBRC), the Bank was granted qualification of fund custody.
May 11 The Bank cooperated with General Administration of Customs of the
People's Republic of China for nationwide online tariff payment service – Industrial Bank e-customs
service.
May 16 The ISO9001 quality management system of the Bank's international
settlement business and bill business passed the certification by Switzerland company SGS Group,
marking that the quality management of the above mentioned business had achieved strict
international standard.
May 20 The Bank's General Shareholders' Meeting 2004 held in Fuzhou .
May 23 Bank-Bank platform, the self-developed institutional agent
platform by Industrial Bank, was put into trial operation. Up to the end of this year, the Bank has
accumulated 31 signed clients covering city commercial banks, credit unions and Postal Savings
& Remittance Bureaus.
July 13 The Bank's "Incessant Data Processing Method and System for
Uninterrupted Service" was given patent of invention by State Intellectual Property Office (SIPO).
Industrial Bank has become the first domestic commercial bank that received the patent for
invention in the name of operation system and method.
July The Bank became a financial member of Shanghai Gold Exchange and
obtained dealing and agent qualifications of gold.
August 9 "Five Star Navigation" online banking service system was
launched, with which Industrial Bank became the first domestic commercial bank to carry out online
service flow, online service standard and online service pattern.
September 7 The first cartoon credit card in China, Industrial Bank
Garfield Credit Card debuted.
September 19 The first fund sold by and under the custody of Industrial
Bank, mixed investment fund focuses on trend investment (LOF), was officially put on sale.
September 20 "Natural Life" family wealth management card
successfully launched. Industrial Bank became the first bank to promote the concept of "Family
Wealth Management" in domestic banking industry.
September 21 The Bank's first extraordinary general shareholders'
meeting 2005 held in Fuzhou.
September 27 Signing ceremony for strategic cooperation agreement
between the Bank and Shanghai Jiao Tong University held in Shanghai. Industrial Bank was the first
domestic bank to carry out all-round cooperation with Shanghai Jiao Tong University.
September "General Entrusted Agreement" signed between the Bank and
The Export-Import Bank of China in Beijing.
October 25 Approved by People's Bank of China, the Bank issued in public
its first batch of RMB bonds among domestic inter-bank market. The bond was of 3-year term with
amount totaled RMB 10 billion.
October 25 "Agreement on Business Cooperation" signed between the
Bank and China Development Bank.
October 26 Industrial Bank Fuzhou Branch was honored the title of
"National Advanced Unit of Cultural and Ideological Progress".
October In the survey on "The Most Competitive Brand in China" held by
China News Service , the Bank's Customer Service Center 95561 was honored the title of
"Top 10 Satisfactory Brand of Service Quality Management".
October "Agreement on Business Cooperation" signed between the Bank
and Yong An Insurance Co., Ltd. It's the first time for the Bank to sign headquarters cooperative
agreement with property insurance company.
November 4 "CIB ONLINE" was awarded prizes of "Outstanding Banking
Websites" and "Optimum Individualized Service" in the selection event of "Outstanding Financial and
Security Websites in China" held by
Security Times.
December 15 "Framework Agreement on Business Cooperation" was
signed in Beijing between the Bank and China Great Wall Asset Management Corporation. This move
blazed a trial in all-round cooperation between domestic financial asset management corporation and
shareholding commercial bank.
December 16 The eighth session of the fifth Board of Directors' meeting
approved the Bank's "Outline of 2006-2010 Development Plan".
December 19 Industrial Bank Taiyuan Branch officially opened.
December Approved by State Administration of Foreign Exchange, the Bank
obtain the qualification of RMB market maker in the inter-bank foreign exchange market.
December Organizations of media such as CCTV,
New Marketing , Sina.com and so on jointly held the China Marketing Leaders Annual
Conference and 2005 Award Ceremony for Chinese Marketing Benchmarking Enterprise. As the only
financial institution that won the prize, the Industrial Bank was honored the "Best Brand Award"
for its family financing series card -- "Wealth Management Card", marking the breakthrough
development of its brand construction on retail service.
December "CIB ONLINE" was awarded again the "Top 100 Commercial
Websites 2005" and "Top 5 Fastest Growing Websites 2005" in the 2nd China Commercial Internet
Development Forum and Award Ceremony for "Top 100 Commercial Websites 2005" held by
China Internet Weekly.
January Industrial Bank Card was honored "VISA Card Outstanding Growth
Award" in 2003.
January 5 The Bank launched the first batch of foreign exchange wealth
management product, "Wang Hui Tong" (WHT).
January 15 The Bank's first extraordinary general shareholders' meeting
2004 held in Fuzhou . The following proposals were reviewed and approved: Proposal on Revising the
Articles of Association of Industrial Bank Co,. Ltd.; Proposal on Capital Increase, Share Expansion
and Foreign Strategic Investors Introduction; Proposal on Issuing Certificate of Big Amount
Agreement Deposit.
February 5 The Bank's work conference 2004 held in Fuzhou . The
conference set the strategic development guideline that adhered to the objective of "Building A
Top-ranking Bank of Centuries", focused on IPO, and promoted the transformation of business
development mode and profitability mode.
April 12 The Bank launched "Wise Fortune", the product portfolio of
corporation banking. The portfolio covered 7 service sections including CIB ONLINE, Express Trade,
Express Bill, Factoring Business, Investment Management, Financing Consultant, and Tax Assistant.
April 29 Investment fund promised by foreign strategic partners Hang
Seng Bank, International Finance Corporation, and the Government of Singapore Investment
Corporation Pte Ltd. fulfilled. The transaction has become the one with the largest number of
shareholders introduced at one time, the highest proportion of purchased shares and the greatest
amount of capital involved in domestic banking industry. International authoritative media
commented that "this marked the acceleration of opening-up in financial industry of Chinese
Government".
June 28 The new Board of Directors and Board of Supervisors were
elected by the General Shareholders' Meeting and the system of independent directors and external
supervisors were established. New directors from Hang Seng Bank, International Finance Corporation,
and the Government of Singapore Investment Corporation Pte Ltd. were added to the Board.
June 28 The first session of the fifth Board of Directors elected Mr.
Gao Jianping as the Chairman of the Board, and nominated Mr. Li Renjie as the President of the
Bank, Ms. Bi Zhonghua and Mr. Kang Yukun as the Vice President of the Bank, Mr. Tang Bing as the
Secretary of the Board. The first session of the third Supervisory Board elected Mr. Huang
Guangtong as the Chief Supervisor of the Bank.
July The Bank's Credit Card Center was founded in Shanghai. On July 21,
The Bank held the "Press Conference for Debut of Industrial Bank Credit Card" and had its credit
card officially launched.
July 27 Presidents from each branch attended seminar 2004 in Fuzhou.
August 6 Jointed with CHINAPAY E-Payment Service Co., Ltd. and domestic
major fund companies, the Bank launched Bank-UnionPay Link online fund trading service with
Industrial Bank Card.
September 2 Approved by China Banking Regulatory Commission (CBRC), the
Bank was granted trading qualification of derivative products.
October 11 Industrial Bank Zhengzhou Branch officially opened.
October 14 Industrial Bank Sian Branch officially opened.
October In the selection event of "Top 100 Commercial Websites 2004"
held by
China Internet Weekly,
CIB ONLINE was the only Internet Bank that awarded the prizes of both "Top 100
Commercial Websites 2004" and "Fastest Growing Websites".
October The VIC (Very Important Clients) Department of the Bank was
founded in Beijing.
November 8 CIB ONLINE of the Bank upgraded to version 3.0.
November 16 The foundation of the Bank's Financial Markets was approved
by China Banking Regulatory Commission (CBRC), and it was the first domestic and comprehensive fund
operation institution that held financial license individually.
November 19 The Bank's second extraordinary general shareholders'
meeting 2004 held in Fuzhou. Eight proposals including the following were reviewed and approved:
Proposal on Revising the Articles of Association of Industrial Bank Co,. Ltd.; Proposal on Full
Authorization for the Board of Directors to Operate IPO Program; Proposal on Operation Solution of
Fund Raised by Public Offering.
December 6 The Bank finished the acquisition of Foshan City Commercial
Bank and set up Industrial Bank Foshan Branch. In domestic banking industry, it was the first case
of bank acquisition by market-driven mode as well as the first case that a city commercial bank
acquired by a shareholding commercial bank.
December 8 The Bank launched the first batch of RMB wealth management
product, "Wang L Bao"(WLB).
December 20 The Bank successfully issued new type of credit card with
both Industrial Bank and Hang Seng Bank logos. With commercial resources that Hang Seng Bank
possessed in Hong Kong area, card holders would enjoy more preferential service when traveling in
Hong Kong.
December 30 The Bank successfully issued RMB 3 billion subordinated
debt of ten-year term. After this capital supplementation, the total capital of the Bank hit RMB
16.523 billion.
February 18- February 19 Work conference of the Bank held in Fuzhou.
March 3 The Bank officially changed its name to "Industrial Bank Co.,
Ltd." (for short: Industrial Bank).
March 6 The twelfth session of the fourth board of directors held in
Shanghai . Following reports and proposal were reviewed and approved: President Work Report of
2002; Report on Capital Introduction and IPO; Proposal on Directors Supplementations and Change in
Shareholding Structure.
March 13 The Bank's Internet banking business was approved by the
People's Bank of China.
April 1 Industrial Bank Tianjin Branch officially opened.
April 17 The third session of the second Board of Directors of National
Debt Association of China (NDAC) voted through the Bank's membership of standing director, and Ms.
Bi Zhonghua, the vice president of the Bank was elected to be the standing director of NDAC.
April 23 Industrial Bank Chengdu Branch officially opened.
April 24 The Bank signed "Agreement on All-round Business Cooperation"
with China Life Insurance Company.
June 28 The Bank's General Shareholders' Meeting 2002 held in Fuzhou .
Following reports and proposals were reviewed and approved: Work Report of Board of Directors 2002;
Work Report of Supervisory Board 2002; Final Financial Report 2002 and Financial Budget Plan 2003
(Draft); Profit Distribution Plan for 2002; Proposal on Change of Directors.
July According to updated list of "Top 1000 World Banks" released by
The Banker, a British based magazine, the Bank ranked 273rd in term of total assets,
advanced 60 positions from last year's 333rd; and ranked 400th in term of tier 1 capital, advanced
10 positions from the previous year's 410th.
July 29 President from each branch of the Bank attended seminar 2003 in
Fuzhou.
August 10 The Updated Core Business System of the Bank was successfully
put into operation.
November 3 The Financial Markets of the Bank was officially put into
operation in Shanghai.
November IP Telephone System of the Bank fully put into use.
December 17 The Bank signed a Share Subscription Agreement with Hang
Seng Bank, GIC Special Investment Pte Ltd. and International Finance Corporation respectively in
Fuzhou. Governor of Fujian Province Mr. Lu Zhangong, General Vice Governor Mr. Huang Xiaojing and
Vice Governor Mr. Chen Yun presented the signing ceremony.
December The Bank won "VISA Card Outstanding Growth Award" in 2003.
December 30 With the approval of China Banking Regulatory Commission,
the Bank successfully issued RMB 3 billion subordinated debt firstly among domestic commercial
banks, and achieved the new way to fulfilled capital supplementation.
January 10 Industrial Bank Card with "UnionPay" logo was officially
launched by Industrial Bank Shenzhen, Shanghai , Beijing , Hangzhou and Guangzhou branches.
January 30 Work Conference 2002 of the Bank held in Fuzhou.
February 1 Sub-channel of "CIB ONLINE", the financial channel jointly
constructed by the Bank and Sohu.com was officially put into use.
March 9 The Bank fulfilled the acquisition of Oubei Credit Union in
Yongjia county, Wenzhou city.
April 23 The seventh session of the fourth Board of Directors approved
the proposal on Accelerating the IPO Program of Fujian Industrial Bank. The IPO program officially
started.
May The Bank signed strategic cooperation agreement with New China Life
Insurance Company and Taikang Life Insurance Company.
June 12 The Bank signed strategic cooperation agreement with Shenyin
& Wanguo Securities.
June 20 The Bank signed with BOC International Holding Limited the
"Entrusted Agreement on One-Package Plan of Comprehensive Service with BOCI Asia Limited".
June 24 Industrial Bank Wuhan Branch officially opened.
June 26 The ninth session of the fourth Board of Directors reviewed and
approved the following proposals: Proposal on Mr. Gao Jianping's Offer to Resign as the President
of Fujian Industrial Bank and the Nomination of Mr. Li Renjie as the President of Fujian Industrial
Bank; Proposal on Supplementing Mr. Li Renjie and Mr. Kang Yukun as the Directors of the fourth
Board of the Directors.
June 26 The Bank's General Shareholders' Meeting 2001 held in Fuzhou .
The meeting approved the proposal on Revising the Article of Associations of Fujian Industrial
Bank.
June The Bank established all-round business cooperation relationship
with Agricultural Bank of China.
June At the end of the June, the balance of the Bank's deposit
outstanding broke RMB 100 billion.
July In seminar 2002 attended by presidents from each branch, Mr. Gao
Jianping, the Chairman of the Bank, brought forward the development objective of "Building A
Top-ranking Modern Commercial Bank".
July According to the updated list of "Top 1000 World Banks" released by
The Banker, an British based magazine, the Bank ranked 333rd in term of total assets,
advanced 80 positions from last year's 413th; and ranked 410th in term of tier 1 capital, advanced
158 positions from the previous year's 568th.
August The Bank signed all-round business cooperation agreement with
Bank of China.
September The Bank obtained sales agent qualification of fund granted by
People's Bank of China and China Securities Regulatory Commission (CSRC).
September The Bank signed cooperation agreement on Bank-Tax Integration
Payment with Fujian Local Tax Bureau.
September Industrial Bank Shenyang Branch opened.
September The preparation group of Industrial Bank Chenduo Branch set
up.
October The preparation group of Industrial Bank Tianjin Branch set up.
October The Bank carried out welcome service pattern roundly with
hand-raising greeting in counters.
October The Bank signed entrusted agreement with China Development Bank
in Beijing.
October The issuance volume of the Industrial Bank Card broke 2 million.
November The communication meeting with "Diamond Clients 2002" held in
Chongqing.
December 25 People's Bank of China approved the Bank to change its name
to "Industrial Bank Co., Ltd." (for short: Industrial Bank).
January Industrial Bank Nanjing Branch officially opened.
March The Bank released the "Outline of 2001-2005 Development Plan of
Fujian Industrial Bank".
March The revised Article of Associations of Fujian Industrial Bank came
into force with the approval of People's Bank of China after being approved by the first
extraordinary general shareholders' meeting.
April The Bank officially acquired Yiwu City Credit Unions, and
initiated the acquisition of city credit unions by market-driven mode among domestic commercial
banks.
April Data Integration program of the Bank started, and the program was
ended with consummation in December.
May Industrial Bank Ningbo Branch opened.
May The Bank signed all-round cooperation agreement with Industrial and
Commercial Bank of China.
June The Bank signed all-round cooperation agreement with China
Construction bank.
June Industrial Bank Chongqing Branch opened.
June The total assets of the Bank broke RMB 100 billion, and amounted to
RMB 101.3 billion.
July The Bank finished the adjustment of inner organization structure.
After the adjustment, 3 specialized committees with sub-committees, several functional departments
and specialized centers classified by decision making support system, management and supervision
system, operation and development system, and service supporting system were established.
Thereafter, the adjustment move was carried out one after the other in each branch.
July The Bank officially changed its name to Fujian Industrial Bank Co.,
Ltd. and finished the name registration with Industrial and Commerce Administration Bureau.
July CIB ONLINE, the Bank's Internet banking system was promoted in a
nationwide range. Up to the end of the year, the transaction amount of Internet banking had
achieved RMB 146 billion and ranked 2 nd according to the transaction statistics by China Financial
Certificate Authority (CFCA).
July According to the list of "Top 1000 World Banks" released by
The Banker, a British based magazine, the Bank ranked 568th in term of tier 1 capital.
July Industrial Bank Jinan Branch opened.
September – October Marketing promotion focused on the theme of "New
Start of the Century, New Leap of the Service" was carried out in a nationwide range. The move
stimulated the expansion of overall business and improved the brand image and reputation of the
Bank.
November Approved by China Securities Regulatory Commission (CSRC), the
Bank obtained the custody qualification of securities fund.
August 26, 1988 Fujian Industrial bank officially opened in Fuzhou,
Fujian.
October-November, 1993 As the lead manager of first underwriting
group in Fujian Province, the Bank successfully fulfilled the share issuing task for 5 shareholding
companies.
August 30, 1994 Fujian Industrial Securities Co,. Ltd. opened. It was a
professional securities company that fully funded by the Bank and owned legal person qualification.
August, 1995 The balance of RMB deposit broke RMB 10 billion, amounted
to RMB 10.065 billion; the balance of foreign currency deposit broke USD 200 million, amounted to
USD 202 million.
March 20, 1996 Industrial Bank Shanghai Branch officially opened. It
was the first direct branch that the Bank had set up outside Fujian province. Thereafter, branches
in Shenzhen, Changsha , Beijing , Hangzhou , and Guangzhou opened one after the other. The
nationwide service network gradually improved.
May, 1996 The Bank was appointed as the settlement bank of Shanghai
Stock Exchange for securities fund cleaning.
September, 1996 Agreement on Syndicated Loan was signed in Hong Kong
between the Bank and other 13 foreign financial institutions including Standard Chartered Bank. The
Bank successfully procured USD 28 million syndicated loans through the move.
December, 1997 The Bank activated Corporate Identity System (CIS)
officially; the Bank's saving service realized nationwide deposit and withdrawal; and the Bank's
Shuntong Card was officially launched.
1997 The first round of capital increase and share expansion of the Bank
finished successfully. The paicl-up capital achieved RMB 1.5 billion.
September, 1998 The bank became the first one in Fujian province to
obtain membership of VISA.
1999 The Bank was appointed as the settlement bank of Shenzhen Stock
Exchange for securities trading fund.
October, 1999 With the approval of State Administration of Foreign
Exchange, the Bank successfully arranged USD-nominated syndicate loan for the enterprises under
China Merchant Group Hong Kong in Shanghai. This was the first time for the domestic bank to
transfer financial capital across border.
October, 1999 As the first batch of the banks to issue IC Card, the Bank
successfully issued Industrial Bank Smart Card in Shanghai.
March, 2000 New round of capital increase and share expansion of the
Bank was approved by People's Bank of China.
May 8, 2000 Approved by China Securities Regulatory Commission (CSRC),
the Bank was nominated as the fund inspection bank for new share subscription processed in Shanghai
Stock Exchange and Shenzhen Stock Exchange.
September, 2000 As the member of underwriting group, the Bank firstly
participated in the public issuance in primary bond market of international capital market.
December, 2000 The newly raised capital was fully funded and the
registration capital of the Bank climbed to RMB 3 billion from the previous RMB 1.5 billion. The
objective of capital increase and share expansion ended with consummation.
December, 2000 The Bank's Internet banking system put into trial
operation.