Banks in the country are normally open from 9:00 am to 5:30pm Monday to Friday. Bank offices in China also open during Saturday and Sunday from 10:00 in the morning until 4:00 in the evening. Listed below are some well-known banks in the country.
- simply known as ABC, Agricultural Bank of China is one of the "Big Four" banks in the country that was founded in 1949. Its main headquarters is in Beijing and has different branches across mainland China and in Singapore and Hong Kong. ABC boasts with strong funds and complete service that wins the trust of numerous clients enabling the bank to make a progressive growth and earned its name as one of the biggest banks in the country.
- sometimes referred as Beijing Commercial Bank. Bank of Beijing was founded on January 8, 1996. The bank is based in Beijing, the capital city of the country. Bank of Beijing is designed to help its patrons in settling goal, develop savings deposit and investment plan for down payment.
- it is a joint-stock commercial bank based in Shanghai in the People’s Republic of China. It is one of the most famous banks in the country in which it features impeccable services and two-level operating structure. During the 2004 Banker’s top 1000, Bank of Shanghai ranked 344 among the 500 largest banks around the world.
- a government type financial institution with a headquarter in Beijing, People’s Republic of China. China Development Bank or CDB was founded in 1994 with the aim according to wikipedia, to provide development oriented finance for government projects of national priority.
- it is one of the largest commercial banks in the country in terms of total assets. It was founded in 1908 and since then it has expanded its business to overseas arena. Bank of Communication offers a wide array of services such as corporate banking, personal banking and corporate loans.
- one of the “Big Four” banks in the country ranking specifically as the second largest bank in the People’s Republic of China. It has around 13, 629 domestic branches and some overseas branches like in Seoul, Tokyo, Frankfurt and Johannesburg.
- simply known as ICBC, the bank is dubbed as the largest in the “Big Four” state-owned commercial banks in the country. ICBC was founded on January 1, 1984 and it is among the top ten banks in the world in terms of assets. In addition, it is also the largest bank worldwide by market value.