Puneet Varma (Editor)

CITIC Bank International

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Type
  
Privately owned

Headquarters
  
Hong Kong

Industry
  
Finance

Founded
  
1998

CITIC Bank International httpsibankingcncbinternationalcomCKWPortalr

Website
  
CITIC Bank International

Parent organization
  
CITIC International Financial Holdings

Transforming the operations at china citic bank international


CITIC Bank International (Chinese: 中信銀行國際) (Former stock code: SEHK: 183) (formerly known as CITIC Ka Wah Bank (Chinese: 中信嘉華銀行) and Ka Wah Bank) is a Hong Kong bank majority owned by CITIC. It is a subsidiary of CITIC International Financial Holdings.

Contents

History

  • 1922: Ka Wah Ngan Ho (Traditional Chinese: 嘉華銀號) was founded in Guangzhou by Dr. Lam Chi Fung, the founding president of Hong Kong Baptist College.
  • 1924: Ka Wah Savings Bank Limited (Traditional Chinese: 嘉華儲蓄銀行有限公司) was founded in Hong Kong.
  • 1926: Ka Wah Savings Bank Limited was renamed as Ka Wah Bank Public Limited Company (Traditional Chinese: 嘉華銀行公眾有限公司).
  • 1949: It was renamed as Ka Wah Bank Limited (Traditional Chinese: 嘉華銀行有限公司).
  • 1986: Ka Wah Bank faced financial difficulties, and CITIC Group injected HK$350 million capital into the bank.
  • 1998: Ka Wah Bank was renamed as CITIC Ka Wah Bank Limited.
  • 2002: CITIC Ka Wah Bank became a whole-owned subsidiary of CITIC International Financial Holdings. It acquired and merged with Hongkong Chinese Bank, Limited.
  • 2004: Shanghai branch was established.
  • 2005: Macau branch was established.
  • 2010: CITIC Ka Wah Bank was renamed as CITIC Bank International Limited.

    • See others

  • Ka Wah Bank

    • References

    CITIC Bank International Wikipedia
    (Text) CC BY-SA