International banks in Shenzhen

When first arriving in Shenzhen, whether from Hong Kong or abroad, you will notice your standard home banking ATM card won’t work in any of the domestic banks. This is due to the fact that the Chinese banking system runs on its own “System” and not the international standard of Visa, Maestro, Cirrus, or PLUS. The China system is the Chinese version of “Union Pay” (This is also different to the Hong Kong “Union Pay” System).

  • HSBC (Hong Kong Shanghai Banking Corporation)

    The Hongkong and Shanghai Bank was established in British Hong Kong in 1865 and was incorporated as The Hongkong and Shanghai Banking Corporation in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It was renamed The Hongkong and Shanghai Banking Corporation Limited in 1989. It is the founding member of the HSBC Group of Banks and Companies, since 1990, is the namesake and one of the leading subsidiaries of the London-based HSBC Holdings PLC.

    Headquarters: Hong Kong
    CEO: Peter Wong (2010–)
    Number of employees: 216,000 (includes subsidiaries, 2013)
    Founder: Thomas Sutherland
    Founded: March 1865
  • Standard Chartered.

    Standard Chartered PLC is a British multinational banking and financial services company headquartered in London. It operates a network of more than 1,200 branches and outlets across more than 70 countries and employs around 87,000 people.
    Stock price: 580001 (BOM) ₹ 53.05 -0.30 (-0.56%)
    10 Apr, 3:40 PM IST 
    Headquarters: London, United Kingdom
    CEO: Bill Winters (10 Jun 2015–)
    Revenue: 14.61 billion USD (2015)
  • BEA (Bank of East Asia)

    It was founded in Hong Kong in 1918 by the grandfather, Li Koon-chun (李冠春), and great uncle of the present chairman, David Li. Today the company has a market capitalisation of HK$68.4 billion (US$8.5 billion), as at 27 February 2011, with consolidated assets of US$50.85 billion (as at 30 June 2008). It is listed on the Hong Kong Stock Exchange with a stock code of 23.The Bank of East Asia has 168 retail branches in Hong Kong, as well as 60 in mainland China and around 30 in the United States, Canada and Britain. Worldwide, the bank employs more than 13,000 people.

    Stock price: 0023 (HKG) HK$ 32.15 +0.20 (+0.63%)
    10 Apr, 4:09 PM GMT+8 – Disclaimer
    Headquarters: Hong Kong
    Founded: 1918
    Key person: David Li (Chairman and CEO)
  • CitiBank.

    The bank has a total of 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico.The U.S. branches are concentrated in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami.In 2016, the United States accounted for 70% of revenues and Mexico accounted for 13% of revenues.

    Headquarters: Sioux Falls, South Dakota, United States
    CEO: Barbara J. Desoer (1 Apr 2014–)
    Founded: 16 June 1812, New York City, New York, United States
    Subsidiaries: CitiMortgage Inc, Citibank Vietnam, Citibank India,
    Parent organizations: Citigroup, Citicorp Services Inc

This article uses material from the Wikipedia.