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.