Bank trusts are essential players in the wealth management space. Acting as fiduciaries, these institutions support families, individuals, and organizations with estate planning, asset protection, and long-term wealth preservation strategies.
For investment managers, identifying the right bank trust relationships (especially across international markets) can be complex. These firms often operate behind the scenes, with limited public visibility. Dakota Marketplace helps simplify the search by offering verified data, allocator context, and direct contact information, all in one place.
In this article, we are giving you a list of the top 10 bank trusts in China. To see the full list, you can view it in Dakota Marketplace.
1. Industrial and Commercial Bank of China Financial Services LLC
AUM: $5.5T
Metro: Beijing
Industrial and Commercial Bank of China Financial Services LLC is a Bank headquartered at No.55 FuXingMenNei Street, Xicheng District, Beijing. As the largest bank globally by revenue, it reported $209 billion in revenue, $54 billion in profits, and manages assets worth $5.5 trillion. The bank focuses on personal banking, attracting 23.4 million new customers in 2021, with a customer-centric approach to adapt to market shifts and attract a broader customer base, particularly in rural areas.
ICBC's nonperforming loan ratio decreased to 1.42%, indicating improved loan repayment rates. The bank's strategic shift towards customer-centric operations aims to navigate challenges in China's property market. With an AUM of $5.54 trillion, ICBC continues to evolve its services and expand its customer reach, aligning with its goal of enhancing customer relationships and financial performance.
2. China Construction Bank
AUM: $5T
Metro: Beijing
China Construction Bank (CCB) is a Bank headquartered at No. 25, Finance Street, Xicheng District, Beijing. As one of the largest banks globally, CCB manages over $5 trillion in total assets. The firm's presence extends to the Beijing metro area.
CCB's operations focus on managing an impressive AUM of $5 trillion. With a robust financial standing, the bank plays a significant role in the Chinese and international financial markets. The provided data highlights CCB's substantial influence and scale within the banking industry.
3. Bank of China
AUM: $3.955T
Metro: Beijing
Bank of China is a financial institution headquartered at 1 Fuxingmen Nei Dajie, Beijing, China. Operating as a Bank, it offers a wide range of services including personal and commercial banking, wealth management, private banking, investment banking, insurance, and treasury services. The bank's diverse portfolio includes accounts, deposits, loan offerings, card products, and insurance solutions. With a global presence in Asia Pacific, Europe, Africa, the Middle East, and the Americas, Bank of China caters to both domestic and international clients.
Bank of China manages an impressive AUM of $3.95 trillion. The institution specializes in various financial services such as domestic and overseas remittance, trade services, RMB settlement, telephone banking, cash management, and more. Its comprehensive offerings, coupled with a significant AUM, solidify Bank of China's position as a key player in the financial industry, providing extensive financial solutions to a wide range of clients.
4. Postal Savings Bank of China Co., Ltd
AUM: $2.09T
Metro: Beijing
Postal Savings Bank of China Co., Ltd is a Bank headquartered at No. 131 Xuanwumen West Street, Xicheng District, Beijing. Established in 2007 as part of China's postal savings system reform, it stands as one of the largest banks in China, serving a diverse clientele with a wide array of financial services. The bank caters to individuals, small and micro enterprises, rural customers, and other underserved groups, leveraging its extensive branch network, particularly in rural and less-developed areas.
Postal Savings Bank of China reports an impressive AUM of $2.09 trillion. As a state-owned commercial bank, it upholds a conservative and stable investment approach, focusing on providing essential financial services to a broad spectrum of clients. The bank's ties to the postal system contribute to its expansive reach and customer base, solidifying its position as a key player in China's banking landscape.
5. Industrial Bank
AUM: $657B
Metro: Shanghai
Industrial Bank operates as a Bank, with its headquarters located at No. 154, Hudong Road, Fuzhou, Fujian Province. The institution is associated with the Shanghai metro area. Established in 1988, it has developed into a comprehensive financial group with a registered capital of 20.774 billion yuan. As of the end of 2022, Industrial Bank reported total assets of 9.27 trillion yuan and a net profit of 91.377 billion yuan, reflecting a year-on-year increase of 10.52%. The bank maintains a non-performing loan ratio of 1.09% and operates a significant network of 45 tier-one branches and 2,032 branch agencies.
Industrial Bank manages an AUM of approximately 657.34 billion yuan. The bank distinguishes itself through its pioneering efforts in green finance, recognized as the first "Equator Bank" in China. By the end of 2023, its green financing balance reached 1.89 trillion yuan, with green loan balances totaling 809.019 billion yuan. Additionally, the bank has developed platforms such as the "Yinyin Platform" for banking cooperation and the "Money Manager" for individual customers, enhancing its service offerings across various financial sectors.
6. Ping An Bank
AUM: $554B
Metro: Shanghai
Ping An Bank operates as a Bank and is headquartered at 5047 East Shennan Rd, Shenzhen, Guangdong. The bank is associated with the Shanghai metro area. Established as a nationwide joint-stock commercial bank in China, it focuses on corporate banking, retail banking, interbank trading, and investment banking, emphasizing customer orientation and internal people management.
Ping An Bank reports total AUM of RMB 554.23 billion. The bank has embraced digital transformation, achieving significant milestones such as over 100 million registered users for its mobile banking application and a robust digital infrastructure that includes a 95% migration to private cloud. Innovations in AI and digital risk management have enhanced operational efficiency and customer experience, positioning the bank competitively within the Chinese commercial banking landscape.
7. China Merchants Bank
AUM: $430B
Metro: Guangzhou
China Merchants Bank is a Bank operating in Shenzhen. The institution provides a range of banking services including deposits, loans, wealth management, asset custody, and investment banking. China Merchants Bank serves both domestic and international markets from its location at 49/F. China Merchants Bank Tower, No. 7088 Shennan, Guangzhou.
China Merchants Bank manages an impressive AUM of $430 billion. The bank's focus is on delivering comprehensive financial solutions to its clientele, encompassing various banking services to meet the diverse needs of its customers in both local and global markets.
8. China Everbright Bank
AUM: $404.83B
Metro: Beijing
China Everbright Bank operates as a Bank and is headquartered at IR Management Team, Everbright Center, No. 25 Taipingqiao Ave., Beijing. The institution was established in August 1992 and adheres to a client-centered and market-oriented strategy, aligning its operations with the development of China's economy and financial sector. Its core strengths encompass corporate banking, treasury, investment banking, wealth management, and mortgage services, supported by a significant capital strength following a major capital injection in 2007.
China Everbright Bank reports an impressive AUM of approximately $404.83 billion. The bank provides a comprehensive suite of financial services tailored to both retail and corporate clients, with a commitment to continuous reform and enhancement of its financial practices. Its extensive physical presence includes branches and banking outlets across major cities in China, along with a representative office in Hong Kong, ensuring a broad reach to meet the diverse needs of its clientele.
9. China Minsheng Bank
AUM: $376.97B
Metro: Beijing
China Minsheng Bank operates as a Bank, established in Beijing in January 1996. It is recognized as China's first national joint-stock commercial bank primarily initiated by non-state-owned enterprises (NSOEs). The bank's total assets exceed RMB 7.5 trillion, and it operates over 2,400 units while employing nearly 63,000 individuals. It is associated with the Beijing metro area and has been acknowledged as a systemically important financial institution in China, reflecting its significant role in the domestic banking landscape.
China Minsheng Bank manages an AUM of approximately RMB 376.97 billion. The bank offers a comprehensive suite of financial services, including personal banking products such as savings and deposits, loans, and wealth management solutions. In corporate finance, it provides services such as corporate deposits, trade finance, and specialized offerings for small and micro enterprises. The bank is committed to technological integration, adopting cloud-native platforms to enhance its service capabilities through innovations in AI, blockchain, and big data analysis.
10. Guotai Junan Securities
AUM: $120B
Metro: Shanghai
Guotai Junan Securities operates as a Bank, with its headquarters located at No. 369, Jiangsu Road, Changning District, Shanghai. The firm specializes in investment banking and financial services, offering divisions that encompass wealth management, asset management, brokerage, and trading services. It is associated with the Shanghai metro area.
Guotai Junan Securities manages an AUM of $120 billion. Its wealth management group provides investment advisory and consulting services, along with access to a variety of financial products, including mutual funds and private funds.
To view more bank trusts in China or other countries, book a demo of Dakota Marketplace.
