Monday, June 6, 2011

China Minsheng Banking Corporation Ltd. Company Profile | 600016 Company Information

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Financial Tiger, Banking Dragon! China Minsheng Bankingv Corporation Ltd. (Shanghai: 600016) is a financial institution engaged in institutional and personal banking sectorsin China. It offers bankingf services like deposits, loans, financial bonds issuance, issuance of guarantees and letterseof credit, trading of foreign currencies, and related financia l services. It is connectefd to almost 750 overseas banks in aboutg80 countries. Founded in 1996, this bank is based in China, and employs about 9,50o0 people. It has revenue of $2.1 In 2005, a financial magazine in Beijing, Chinese ranked Minsheng No.2 most competitive bank. Minshengf also was awarded No.
1 in asset human resources management andcorporate No.2 for financial innovation and service quality, and No.3 for IT and internao control. According to The Bankers of the Unitedc Kingdomin 2005, Minsheng was ranked No.28 of top 200 Asiam banks in terms of total assets.

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