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China Minsheng Banking Corporation Limited - Company Profile Snapshot

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Company Profile: China Minsheng Banking Corporation Limited
Ticker: 600016
Exchanges: SHG
2008 Sales: 61,036,000,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: CHINA
Employees: 19853

Business Description
China Minsheng Banking Corporation Limited. The Company's principal activity is the provision of commercial banking services that include absorbing public deposits, providing short term, medium term and long term loans, making domestic and international settlement, discounting bills and issuing financial bonds. Other activities include acting as agent for issuing, cashing and underwriting government bonds, buying and selling government bonds, inter-bank borrowing and lending, providing letter of credit service and guarantee, providing agency business in collection and payment of insurance business, providing safe-box service and other related financial services.

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