Rank
172
CITIC Group
Pedestrians walk past a branch of China CITIC Bank in Kunming city, southwest China's Yunnan province, 28 March 2016.
China CITIC Bank Corp Ltd has launched a Canadian lawsuit to try to seize the assets of a Chinese citizen the bank claims took out a multimillion-dollar loan in China then fled to Canada, the lender's Vancouver-based lawyer said on Monday (27 June 2016). The bank is looking to seize numerous Vancouver-area homes, valued at some $7.3-million, along with other assets, according to the lawsuit, which was filed in the Supreme Court of British Columbia in Vancouver on Friday. The defendant, Shibiao Yan, owns three multimillion-dollar properties in a Vancouver suburb and lives in a $3-million Vancouver home owned by his wife, according to court documents.Li ming—Imaginechina/AP
- Previous Rank156
- Revenues ($M)52852
- Revenue Percent Change-5.5
- Profits ($M)3236.3
- Profits Percent Change-14
- Assets ($M)938261
- Employees201263
Company Information
CEO | Chang Zhenming |
Sector | Financials |
Industry | Diversified Financials |
HQ Location | Beijing, China |
Website | www.citicgroup.com.cn |
Years on Global 500 List | 9 |
Employees | 201,263 |
Key Financials (Last Fiscal Year)
Revenues ($M) | $52,852 |
Profits ($M) | $3,236.3 |
Assets ($M) | $938,261 |
Total Stockholder Equity ($M) | $41,784 |
Profit Ratios
Profit as % of Revenues | 6.1% |
Profits as % of Assets | 0.3% |
Profits as % of Stockholder Equity | 7.7% |