Annual Report of CEB
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China Everbright Bank (CEB), 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. CEB was listed on the Shanghai Stock Exchange (SSE) in August 2010 (stock code 601818) and the Hong Kong Exchanges and Clearing Limited (HKEX) in December 2013 (stock code 6818).
As at the end of the 2019, CEB had established 1,287 branches and outlets nationwide, covering all provincial administrative regions and extending its business reach to 146 economic center cities across the country. Centering on wealth management strategy, Everbright Wealth Management Co., Ltd. commenced operation and became the first wealth management subsidiary under a joint-stock commercial bank in China. Closely following up with the Belt and Road Initiative and expanding its international presence at a faster pace, CEB put Hong Kong Branch, CEB International Investment Corporation Limited, Seoul Branch, China Everbright Bank (Europe) S.A., Luxembourg Branch and Sydney Branch into operation successively. In addition, CEB Tokyo Representative Office has been approved by both domestic and overseas regulators, and is now under preparation for establishment.
At the same time, CEB’s long-term sponsorship for “Water Cellar for Mothers”, a public charity program, demonstrated CEB’s ever-growing commitment to its social responsibilities, which was well recognized by the Chinese society. CEB was ranked 35th in the “Top 1,000 World Banks” by The Banker in 2020, up 4 places over the previous year, and 28th in the Brand Finance Banking 500, 2020.
With continuous reform and innovation in optimizing its products design, channel development and service models improvement, CEB 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, CEB 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 CEB has been enhanced continuously. CEB has achieved a good performance while providing high quality financial services, and is now a well recognized listed bank with sound compliance.
Registered Chinese Company Name: 中国光大银行股份有限公司 (Abbreviation: 中国光大银行 or 光大银行)
Registered English Company Name: CHINA EVERBRIGHT BANK COMPANY LIMITED (Abbreviation: CEB BANK)
Legal Representative:Li Xiaopeng
Secretary to the Board of Directors: Li Jiayan
Address: China Everbright Center, No.25 Taipingqiao Street, Xicheng District, Beijing, China.
Customer Service: 95595
Postal Code: 100033