Major Events in 2014

By the end of 2014, the Bank has opened 923 community banking outlets.

On December 31, 2014, Suzhou Branch was promoted to a Class I branch from a Class II branch, becoming the 43rd Class I branch of the Bank.

On December 26, 2014, in the appraisal of “2014 Gold Medal List of Chinese Financial Institutions • Golden Dragon Prize” sponsored by Financial News and jointly sponsored by the Institute of Finance and Banking, Chinese Academy of Social Sciences, the Bank won the prize of “2014 Bank with the Best Green Finance”.

On December 23, 2014, Industrial Consumer Finance Ltd. was established in Quanzhou with the main contribution of the Bank and the joint contribution of Quanzhou Commercial Corporation, Xtep (China) Co., Ltd., and Fucheng (China) Co., Ltd., becoming the first consumer company controlled by a joint-stock commercial finance bank in China.

On December 23, 2014, the Bank won the “2014 Best Bank Brand Prize” and the prize of “Best Personal Wealth Management Product” in the appraisal of “Gold Diamond Prize” organized by NetEase.

On December 21, 2014, the Bank was honored one of the “2014 Top 10 Companies in Management of Legal Risks in the Banking Industry” by the Legal Daily Office and the Research Center of Corporate Legal Affairs Management of China University of Political Science and Law.

On December 18, 2014, the Bank won the prize of “2014 Competitive Bank for Outstanding Financial Services Abroad” at the “Award Ceremony for the 6th Appraisal of Competitive Financial Institutions 2014” sponsored by China Business Journal.

On December 13, 2014, the Bank won the prizes of “Best Green Bank” and “Best Inter-bank Cooperation Bank” in the 2014 CBN Financial Value Ranking (CFV).

On December 9, 2014, the Bank’s first issue of preferred shares worth RMB 13 billion was offered smoothly.

On November 27, 2014, the Bank officially launched the first agency account opening system for carbon trading in China, becoming the first and only commercial bank providing agency account opening service for carbon trading with an internet platform in China Emissions Exchange. Domestic institutions and individuals participating in the carbon-trading market can directly open accounts of the exchange via the personal internet banking system of the Bank.

On November 14, 2014, in the appraisal of “2013-2014 China Outstanding Finance Prize” sponsored by Economic Observer Newspaper, the Bank won prize of “Outstanding Bank in Offering Financial Services to Small- and Mini-sized Enterprises”.

On November 13, 2014, Interbrand, the leading brand consulting institution in the world, released the 2014 China’s Best Brand Value List, in which the Bank ranked No. 19.

On November 12, 2014, Industrial Financial Leasing Co., Ltd., a solely-invested subsidiary of the Bank, received the loan totaling RMB 614 million from Asian Development Bank (ADB), and both parties lent support to the Promotion of Clean Energy Powered Bus in China in collaboration. The company planned to register more than RMB 5 billion in the lease financing of clean energy powered buses in the coming three years, thus making financial contribution to the clean environment.

On November 4, 2014, the trading platform for qualified non-financial institution investors was launched officially, and the Bank became one of the first group of market makers for the trading platform.

In November 2014, the Bank upgraded the telephone banking 95561 in an all-round manner and launched the integrated service platform “remote banking”, which supports interaction of a variety of services, such as telephone, fax, short message, WeChat, email, Weibo (microblog), video, and online customer service.

In November 2014, the balance of the Bank’s futures security depository hit more than RMB 30 billion, with a total of over 100 cooperative futures companies.

From October 20 to 28, 2014, the first internet big data index fund based on equity “GF CSI Baidu BAIFA Strategy 100 Index Fund”, for which the Bank serves as the custodian bank and a lead agency, was put on sale to the public officially.

On October 16, 2014, the Bank won the title of “2011-2013 National Collective Role Model for Internal Audit” conferred by the National Audit Office and China Institute of Internal Audit.

On October 11, 2014, Xining Branch of the Bank was put into operation officially.

In October 2014, WeChat Banking of the Bank completed its overall upgrading, committing itself to further improving services by making them more customizable, smarter and customer-oriented.

On September 25, 2014, China Railway Development Fund Co., Ltd. held the initiator meeting in Beijing. As the only joint-stock bank, the Bank, through China Industrial Wealth Management Limited which is a solely-owned subsidiary under Industrial Fund Management Co., Ltd., a subsidiary controlled by the Bank, signed the “Contributor Agreement” and “Articles of Incorporation” with China Railway Corporation, with an initial contribution of RMB 2 billion.

On September 24, 2014, the Bank and www.focus.cn, a famous online real estate service supplier, jointly launched "e-purchase loan", a personal consumption loan product, in 37 cities across China.

On September 23, 2014, the Bank won the “China Charity Award for Outstanding Contribution (Organization)” presented by China Charity Federation (CCF).

On September 18, 2014, Shanghai International Gold Exchange Center was officially unveiled, and Hong Kong Branch and the Capital Operation Center of IB obtained the qualifications for both self-run and agency products on the international gold board.

On September 16, 2014, the Bank successfully offered the first issue of green finance credit asset-backed securities in China – “Xing Yuan Second Issue of Green Credit Asset-backed Securities 2014”.

In September 2014, the Bank launched “Assets Direct Express”, a corporate wealth management portal, providing customers with one-stop services including online financing, investment and wealth management, assets circulation, payment and settlement, and financial information.

In September 2014, the Bank and CSR Corporation Limited signed a bank-enterprise cooperation agreement at Beijing, fully deepening the strategic partnership between both parties.

On September 9, 2014, the Bank, China Hubei Emission Exchange and Hubei Yihua Group Co., Ltd. signed the strategic cooperation agreement on carbon emission right pledge-based loan and carbon finance and extended the first carbon emission right pledge-based loan in China.

On August 27, 2014, the Bank and China Metallurgical Group Corporation signed and entered into the cooperation agreement on the business of corporate group bill pool in Wuhan.

On August 22, 2014, at the 2014 Assets Management Conference sponsored by 21st Century Business Herald, the Bank won the prize of “Best Bank of Strategic Innovation”.

On August 3, 2014, a Magnitude 6.5 earthquake hit Ludian County, Zhaotong, Yunnan. To support the earthquake resistance and relief efforts of disaster-stricken region, and help people there rebuild their homes, Kunming Branch of the Bank immediately started the disaster relief mechanism, donating RMB 5.12 million to Ludian, the disaster-hit region.

In August 2014, the Bank became a Senior Member of Factors Chain International (FCI).

In August 2014, the “Project for Construction and Application Promotion of Financial Cloud Service Platform Targeting at Financial Institutions in the Banking System” applied by the Bank was included in the national cloud computing project and received special financial support of the National Cloud Computing Project 2014.

On July 22, 2014, the Bank and Alibaba Group collaboratively released the non-guarantee loan plan – Internet Merchant Loan Advanced, offering convenient loan service to SMEs.

On July 18, 2014, Haikou Branch of the Bank donated RMB 1 million to typhoon-affected area of Hainan Province for post-disaster reconstruction. 

On July 16, 2014, in the “Survey of Expectation for China’s Fixed-income Market in the First Half of 2014” conducted by Thomson Reuters, the Bank won No. 2 General Prize and the Prize of Best Forecast on Credit Debts.

On July 11, 2014, the Bank won five annual prizes awarded by the Securities Times, including the “China Best Banking Wealth Management Brand”, the “China Best Open Banking Wealth Management Product”, the “China Best Banking Wealth Management Product with Fixed Incomes”, the “China Best Banking Wealth Management Product with Steady Incomes”, and the “Wealth Management Product of Internet Finance with the Greatest Growth Potential”.

On July 8, 2014, the Bank won the prize of “Annual Innovative Internet Finance” at the “2nd Comprehensive Appraisal of Banks” sponsored by Sina.com.

On July 7, 2014, the US magazine, Fortune, released the 2014 list of Fortune Global 500 companies. The Bank ranked No. 338, up by 90 places compared with the last year, standing at ninth position among all Global 500 enterprises and the first place among all banks in terms of rank promotion.

On June 30, 2014, the 2014 list of “Top 1000 World Banks” was released by the British magazine, The Banker. In the list, the Bank ranked No. 43 in terms of total assets and No. 49 in terms of Tier 1 capital, remaining securely among the global top 50 banks.

On June 27, 2014, the plan of the Bank on non-public offering of domestic preferred shares was approved by the General Shareholders’ Meeting upon deliberation.

On June 26, 2014, China Banking Association (CBA) held the “Conference for Release of 2013 CSR Report for Chinese Banking Industry and the Commendation for Corporate Social Responsibility”. The Bank won the “Annual Best Corporate Social Responsibility Institution Award” and “Annual Corporate Social Responsibility Award for Best Green Finance” for the fourth consecutive year. Moreover, the Bank also won the “Award for Outlet with Special Contribution”, and Gao Jianping, Board Chairman, won the award of “Annual Leading Figure for Social Responsibility” for years consecutively.

On June 25, 2014, the Bank and Shanghai Futures Exchange (SHFE) entered into a strategic cooperation agreement.

On June 24, 2014, the Bank successfully issued write-down secondary capital bonds worth RMB 20 billion in the inter-bank market. 

On June 12, 2014, the Bank and Baidu held the ceremony for entering into a strategic cooperation agreement at Fuzhou, and both parties would carry out all-round strategic cooperation in a number of aspects such as innovation in internet finance, big data and product marketing.

On May 30, 2014, certificate of deposit (CD) of the Bank was successfully offered in Hong Kong, which signifies a substantial step toward the overseas financing market made by the Bank.

On May 28, 2014, the First Sina Finance Appraisal of Listed Companies was revealed, and the Bank won the “Best Listed Company for Contribution in Social Responsibility 2013”.

On May 27, 2014, the Bank and Hurun Report jointly published the China Spiritual Investments White Paper 2014.

On May 21, 2014, the Bank won the prize of “2013 Bank with the Most Competitive Investment Banking Services” and the prize of “2013 Best Debts Underwriting Bank” in the “Appraisal of Outstanding Investment Banking Services in China 2014” sponsored by the Securities Times.

In May 2014, the Bank and China Unicom jointly released NFC “Mobile Wallet”.

In May 2014, the Bank and China Beijing Environment Exchange jointly released the first credit card supporting all-website transactions and rewarding points in the banking industry – IB PASS Credit Card.

On May 8, 2014, the Bank and China International Travel Services Limited, Head Office held the signing ceremony, releasing the agency transfer service of person visa.

On May 7, 2014, the magazine Forbes issued the 2014 ranking of Forbes Global 2000, in which the Bank ranked No. 129, a rise of 13 positions over the last year, and ranked No. 13 among the companies from the Chinese Mainland in the list.

On April 4, 2014, Majiang Operation Center of Payment and Settlement of the Bank was conferred the honor of “National Workers’ Pioneer”.

On April 10, 2014, the “Top 100 Most Influential Asian Companies Ranking 2014” was released at the Boao Forum for Asia, in which the Bank ranked No. 85. Specifically, the Bank stood at the 6th place in terms of business growth power.

In April 2014, the Bank was honored one of the Top 10 Chinese-funded Enterprises in the survey of employer brands in China conducted by Randstad, the world’s second largest HR service supplier, becoming one of the best employers in China.

On April 20, 2014, the ranking of “2014 China Green Companies Top 100” was released, and the Bank featured in the list with “sustainable finance” for the fifth consecutive year.

On April 17, 2014, Beijing Unbank Information Consultation Center, a well-known professional consulting institution in the Chinese banking industry released the “Report on China’s Banking Competition 2013-2014”, in which the Bank ranked No. 1 among all the 12 listed banks in terms of overall competitiveness.

n April 1, 2014, Board Chairman Gao Jianping made his presence in the list of “China’s 50 Most Influential Business Leaders 2014” of Fortune (Chinese Version) as the youngest banker.

On March 31, 2014, Haikou Branch of the Bank was put into operation officially.

On March 27, 2014, the Bank launched direct bank officially to further extend the internet finance market, and released “Industrial Treasure”, a T+0 direct sale monetary fund product, on April 10.

On March 26, 2014, Industrial Trust, a subsidiary controlled by the Bank, became a shareholder of Shanli Futures Broking Co., Ltd.; on September 28, Shanli Futures was officially renamed China Industrial Futures Limited.

On March 18, 2014, the Bank held a press conference in Beijing, announcing to launch the “Universal Life” go-abroad financial services officially, which covers financial services in a number of areas such as travel, study abroad, health and medical care, and emigration.

On March 17, 2014, the first oversea branch of the Bank (IB) – Hong Kong Branch opened, signifying a substantial step made by the Bank in the strategy of globalization.

On March 11, 2014, IB and Lombard Odier entered into a strategic cooperation agreement on private banking in Shanghai, with which both sides would carry out close cooperation in the fields including global assets allocation of private banking customers, product design, and overseas high-end value-added services, etc.

In March 2014, the Bank became one of the first group of joint-stock banks designated by Zhengzhou Commodity Exchange (ZCE) for futures security depository. This was the third time that the Bank obtained the qualification as one of the first group of designated depository banks of a futures exchange after China Financial Futures Exchange (CFFEX) and Dalian Commodity Exchange (DCE).

On February 27, 2014, the Bank continued mobilizing its efforts in internet finance, releasing the new generation of wealth management tool for balance – “Manager’s Wallet”.

In February 2014, in the ranking of “Top 500 Banking Brands 2014” released by the British magazine, The Banker, Industrial Bank (IB) moved up 24 positions to No. 64 with its brand value hitting USD 3.276 billion, an increase of USD 1.2 billion, ranking No. 8 among China’s banks in the list. It was the fourth consecutive year that the Bank had stably made itself one of the world’s top 100 banking brands.

On February 12, 2014, the list of the world’s 100 biggest banks was released. As shown in the statistics of SNL Financial LC of US, according to the International Financial Reporting Standards (IFRS), the Bank ranked No. 47 in the list of the world’s 100 biggest banks with its assets totaling USD 593.65 billion, and No. 2 among the listed Chinese joint-stock commercial banks.

In February 2014, Industrial Trust, a subsidiary of the Bank, completed capital increase, with its registered capital increasing from RMB 2.576 billion to RMB 5 billion, which ranked No. 2 in the industry in terms of registered capital.

On January 24, 2014, the Bank successfully offered “Xing Yuan First Issue of Credit Asset-backed Securities” (ABS).

On January 20, 2014, the Bank won the prize of “Best Assets Custody Bank” in the appraisal of “2013 Best Banks” sponsored by the Investor Journal.

On January 17, 2014, Xinhuanet and the Research Center for Corporate Social Responsibility of Chinese Academy of Social Sciences jointly released the “White Paper on Chinese CSR Reports” and the Bank won the “Prize of 2013 Outstanding Enterprise in Corporate Social Responsibility”.

On January 11, 2014, the Bank won the prizes of “2013 Best Brand Bank”, “2013 Best Wealth Management Brand”, “2013 Most Innovative Bank in Internet Finance” and “China’s Best Private Banking Services” in the Financial and Economic Honors 2013 sponsored by www.hexun.com.

On January 8, 2014, with the first issue of credit assets securitization approved by the People’s Bank of China (PBC), the Bank became one of the first approved joint-stock commercial bank after the extension of pilot areas for credit assets securitization.

In January 2014, the Bank successfully launched and put into operation the trade finance business system, becoming the first Chinese commercial bank building the operating system covering advance payment, inventory and receivables synchronously.