China Minsheng Bank
Chinese banking institution / From Wikipedia, the free encyclopedia
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For other financial services companies named "Minsheng", see Minsheng.
China Minsheng Bank (simplified Chinese: 中国民生银行; traditional Chinese: 中國民生銀行; pinyin: Zhōngguó Mínshēng Yínháng) is a significant Chinese bank, founded in 1996 by lawyer and businessman Jing Shuping.[2] It was the first bank to be established with an ownership base of private sector shareholders, as part of Chinese economic reform led by Premier Zhu Rongji.[3]
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Quick Facts Company type, Traded as ...
Company type | Publicly traded company |
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SSE: 600016 SEHK: 1988 SSE 50 Component | |
Industry | Bank |
Founded | 12 January 1996; 28 years ago (1996-01-12) |
Headquarters | No. 2 Fuxingmennei Avenue, Xicheng District, |
Area served | Mainland China Hong Kong |
Revenue | US$25.99 billion (2019) |
Total assets | US$647.2 billion (2015)[1] |
Owner | Mainly private sector corporations in China |
Divisions | Minsheng Private Banking Service |
Website | www |
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Minsheng Bank focuses on making loans to small-medium enterprise. It has over two hundred banking outlets throughout China and relationships with more than seven hundred banks overseas.[3] The bank was publicly listed on the Hong Kong Stock Exchange in 2009.[4]