Industrial Bank Co., Ltd. Stock Price
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601166 Community Narratives
Digital Initiatives And Regulatory Reforms Will Redefine Banking
China's Urban Expansion And Digitalization Will Unlock New Possibilities
Digital Disruption And Fintech Rivalries Will Erode Legacy Banking Models
Digital Initiatives And Regulatory Reforms Will Redefine Banking
View narrativeChina's Urban Expansion And Digitalization Will Unlock New Possibilities
View narrativeDigital Disruption And Fintech Rivalries Will Erode Legacy Banking Models
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601166: Higher Required Returns And Solid Margins Will Support Further Upside Potential
601166: Lower Future P/E And Revenue Outlook Will Support Upside
601166: Revised Assumptions Will Support Fairly Balanced Outlook Going Forward
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Industrial Bank Co., Ltd. Key Details
- 3.44
- 100.00%
- 47.85%
- 176.4%
About 601166
- Founded
- 1988
- Employees
- 68442
- CEO
- Website
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Industrial Bank Co., Ltd. provides banking products and services in the People’s Republic of China. The company’s banking services include accepting deposits from the public; granting short-term, medium-term, and long-term loans; domestic and overseas settlement services; issuance of discount and acceptance bills and notes, as well as financial bonds; agency issuance and encashment, and underwriting of government bonds and debentures; trading of government and financial bonds and debentures; agency trading and trading of marketable securities except stock; asset custody business; settlement and sale of foreign exchanges; and inter-bank lending and borrowings. It also provides bank cards; letters of credit and guarantees; remittance and insurance agent services; safety deposit box and financial advisory services; and credit investigation, advisory, and attestation services. In addition, the company is involved in finance leasing, trust, fund raising and marketing, asset management, consumer finance, equity investment, industrial investment, and investment management and consulting; financial, business, and enterprise management consulting; financial data processing, commodity and financial futures brokerage, futures investment consulting, and economic information consulting; import and export of gold and its products; sale of public offering of fund; custody of securities investment funds; wealth management consulting and advisory services; and application software development and operational, and system integration services. Further, it engages in the acquisition, transfer, and disposal of bad debts in batches of financial and non-financial institutions; issuance of wealth management products and debt-to-equity swaps services; and other banking activities. Additionally, the company offers debit and credit card, and internet and mobile banking services. Industrial Bank Co., Ltd. was founded in 1988 and is headquartered in Fuzhou, the People’s Republic of China.