Business and Financial Review
Financial Services
CITIC Limited provides a comprehensive suite of financial services that include banking, securities, trust and insurance. Supported by a range of products and extensive networks, the company offers integrated and innovative financial solutions to its growing number of customers.
Financial services maintained good momentum in 2014, with continued growth in assets and profitability. By the end of the year, total assets for financial services amounted to HK$5,323 billion, an increase of 13% from a year ago. Revenue was HK$165 billion and profit attributable to ordinary shareholders was HK$41 billion, an increase of 20% and 14% respectively. CITIC Bank was the main contributor to this sector’s bottom line.