China Minsheng Bank
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. 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.
Head office of China Minsheng Bank on Fuxingmen Inner Street in Beijing | |
| Company type | Publicly traded company |
|---|---|
Traded as | SSE: 600016 SEHK: 1988 SSE 50 Component |
| Industry | Bank |
| Founded | 12 January 1996 |
| 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) |
| Owner | Mainly private sector corporations in China |
| Divisions | Minsheng Private Banking Service |
| Website | www |
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. The bank was publicly listed on the Hong Kong Stock Exchange in 2009.
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