China Everbright Bank (Europe) S.A.
China Everbright Bank (CEB), which was established in August 1992 and headquartered in Beijing, is a national joint-stock commercial bank approved by the State Council of China and the People's Bank of China. The Bank was listed on the Shanghai Stock Exchange (SSE) in August 2010 (stock code 601818) and the Hong Kong Stock Exchange (HKSE) in December 2013 (stock code 6818).
As at the end of the reporting period, the Bank has formed a nationwide network with 1,119 branches and outlets covering 115 economic center cities of 30 provinces, autonomous regions and municipalities. Following the "go global" strategy, the Bank accelerated the pace of setting up overseas institutions. Its Hong Kong branch Seoul branch and CEB International Investment Corporation Limited have already started operation, and the establishment of CEB (Europe) S.A. and CEB Luxembourg branch are under preparation. Its long-term sponsorship for "Water Cellar for Mothers", a public welfare program, has demonstrated CEB's commitment to its social responsibility, which has been well recognized in China and has positive impact on the society. The Bank was ranked No. 39 in the "Top 1,000 World Banks" by the Banker, a U.K. magazine, in 2018, rising by 10 places over the previous year.
With continuous reform and innovation in optimizing its products design, channel development and service models improvement, the Bank forged a strong market competitive edge in its major product and business lines such as asset management, investment banking business, e-banking and credit card business,etc. Therefore, the Bank has achieved a balanced growth of all business lines, with improved risk management and enhanced innovation capabilities.
Over the years, along with the evolution of Chinese economy and the growth of Chinese financial sector, the brand image and market value of the Bank has been enhanced continuously. The Bank has achieved a good performance while providing high quality financial services, and is now a well recognized listed bank with sound compliance.