Industrial Bank Was Approved to Prepare For the Establishment of Lanzhou Branch

On Dec 5, 2012, China Banking Regulatory Commission (CBRC) approved Industrial Bank (IB) to prepare for the establishment of Lanzhou Branch which will become the 40 th first level branch of IB. By the end of this November, the Bank has established 86 branches (including second level branch) and 693 sub-branches, and the network of the Bank across the country has been further improved. Lanzhou is one of the major central cities in Northwest China , and the establishment of Lanzhou Branch will be helpful to improve the concentration level of IB's network in this area, and therefore enhance the Bank's ability in serving the economic development of the northwestern area.