China Minsheng Banking

China Minsheng Bank, founded on January 12, 1996, in Beijing, is the first bank in China to be owned mostly by non-government enterprises. The bank was founded by Jing Shuping, a Chinese lawyer and businessman. Minsheng Bank is well known for focusing on making loans to small-medium enterprise.

China Minsheng Banking Corp., Ltd. engages in the provision of corporate and personal banking, treasury business, finance leasing, assets management, and other financial services. It operates its business through the following segments: Corporate Banking, Personal Banking, Treasury and Others. The Corporate Banking segment offers deposits, loans, trust, trade-related products, other credit services, and foreign currency services. The Personal Banking segment deals with savings deposits, investment savings products, credit and debit cards, Shang Dai Tong, residential mortgage, and consumer credit. The Treasury segment provides foreign exchange trading, interest rate and foreign exchange derivatives transactions, money market transactions, proprietary trading, and asset-liability management. The Others segment includes investments and any other business which cannot form a single reportable segment. The company was founded on January 12, 1996 and is headquartered in Beijing, China.