China Citic Bank is China’s seventh-largest lender in terms of total assets. It is established in February 1987, and is a nationally comprehensive and internationally oriented commercial bank. China CITIC Bank’s business covers nearly 130 countries and regions all over the world with 78 branches and 622 sub-branches in Chinese Mainland mainly located in Eastern coastal regions and economically developed cities in central and Western regions.China CITIC Bank was ranked the 185th among the “2010 Global Top 500 Enterprises in market value” released by The Financial Times of the United Kingdom. Among “Top 1000 World Banks” released by The Banker magazine of the United Kingdom, China CITIC Bank ranked the 67th in terms of tier-1 capital and the 72th in terms of total assets.
September 2012, IPACS was chosen as a long term partner participating in CITIC bank core banking restructuring project. The bank recognised the hardworking and committed attitude our development team possesses through various projects in the past.