List of banks in China


This is a list of banks in China, mainland China,.
The central bank of the People's Republic of China is the People's Bank of China, a component of the State Council, the Central Government of China. The People's Bank of China is mainly responsible for issuing the Renminbi and administering its circulation, in addition to formulating and implementing monetary policy in accordance with Chinese law. Its counterparts in the special administrative regions of Hong Kong and Macau are the Hong Kong Monetary Authority and the Monetary Authority of Macao respectively, both of which serve as their respective locale's currency board and de facto central bank.

Banks in Mainland China

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

Policy banks

China has three policy banks. Among them, China Development Bank was incorporated in December 2008 and officially defined by the State Council as a development finance institution in March 2015.
NameChineseHeadquarters
Agricultural Development Bank of China中国农业发展银行Beijing
China Development Bank国家开发银行Beijing
Exim Bank of China中国进出口银行Beijing

State-owned Commercial Banks

China has six state-owned commercial banks. These banks are ranked by their Tier 1 capital amount as of 2018. Banks with asterisks are the four major state-owned banks.
Bank of Communications was founded in 1908. On 1 April 1987, it was restructured and re-commenced operations as the first state-owned bank in China.
Postal Savings Bank of China has the most outlets of any retail bank in China. Over 80% of its outlets accompany China Post post offices.
NameAbbreviationChineseAbbr. in ChineseHeadquarters
Industrial and Commercial Bank of China*ICBC中国工商银行工行Beijing
China Construction Bank*CCB中国建设银行建行Beijing
Bank of China*BOC中国银行中行Beijing
Agricultural Bank of China*ABC中国农业银行农行Beijing
Bank of CommunicationsBOCOM交通银行交行Shanghai
Postal Savings Bank of ChinaPSBC中国邮政储蓄银行邮储银行Beijing

Commercial banks

China has 12 national commercial banks. These banks are ordered by their Tier 1 capital amount as of 2018.
NameChineseHeadquarters
China Merchants Bank招商银行Shenzhen
Shanghai Pudong Development Bank上海浦东发展银行Shanghai
Industrial Bank兴业银行Fuzhou
China CITIC Bank中信银行Beijing
China Minsheng Bank中国民生银行Beijing
China Everbright Bank中国光大银行Beijing
Ping An Bank平安银行Shenzhen
Huaxia Bank华夏银行Beijing
China Guangfa Bank广发银行Guangzhou
China Zheshang Bank浙商银行Hangzhou
China Bohai Bank渤海银行Tianjin
Hengfeng Bank / Evergrowing Bank恒丰银行Yantai

Urban commercial banks

s were transferred from urban credit cooperatives established in 1980s and 1990s.

Rural Commercial Banks

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

Internet Banks and other private banks

Other banks

Branches and subsidiaries of foreign banks

The China Banking Regulatory Commission announced its approval for nine foreign-funded banks to start their preparatory work for setting up local corporations in China on 24 December 2006. Following this, additional banks have been able to incorporate locally.
The following is a non-exhaustive list. Asterisks indicate that the bank does not service individuals.

Banks in the Special Administrative Regions

Hong Kong

The currency board and de facto central bank of Hong Kong is Hong Kong Monetary Authority. Banknotes of the Hong Kong Dollar, the official currency of the HKSAR, is issued by Hong Kong Monetary Authority, Bank of China (Hong Kong), HSBC and Standard Chartered Bank (Hong Kong).
Part of commercial banks in Hong Kong are listed below.

Macau

The currency board and de facto central bank of Macau is the Monetary Authority of Macao.
Banknotes of the Macau pataca, the official currency of the Macau SAR, is issued by Banco da China, Sucursal de Macau and Banco Nacional Ultramarino.
Some commercial banks in Macau are listed below: