Chiyu Banking Corporation Limited ("Chiyu Bank") was founded by Mr. Tan Kah Kee, a patriotic overseas Chinese leader in Yongan, Fujian Province, in 1943. The Bank was moved to Xiamen in 1945 after World War II, and was subsequently set up in Hong Kong on 15 July 1947, being the 39th licensed bank in Hong Kong. Upon completion of the share transfer on 27 March 2017, Chiyu Bank has become a member of Xiamen International Bank (“XIB”) Group. XIB was ranked 154th in the “Top 1000 World Banks 2022” by total assets by the UK magazine, The Banker, and has been listed in the top 200 global banks for six consecutive years.


Established for 80 years, Chiyu Bank has 24 branches in Hong Kong and 7 branches and sub-branches in Xiamen and Fuzhou, Fujian Province, and Shenzhen, Guangdong Province in Mainland. The Bank strives to provide sincere, flexible, customised and professional cross-border financial services to Hong Kong, Mainland and overseas Chinese customers. After the successful takeover by XIB in 2017, Chiyu Bank has been operating under new management directions and in new business culture. This enables the Bank to achieve steady growth in both customer deposits and loans to customers. By the end of 2022, the Bank’s total assets have exceeded HK$180 billion.


Chiyu Bank devotes itself to innovation to enhance its overall competitiveness and seize the development opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”), as the Bank enters a new era of development. Chiyu Bank also actively promotes the establishment of a multi-license operating system. With the strong support of the Group, the Bank’s two subsidiaries, Chiyu International Capital Limited and Chiyu Asset Management Limited, were granted licences by the Securities and Futures Commission in May 2018. This marked the Bank’s milestone in commencing its investment banking and asset management businesses via the two subsidiaries. To complement the national development strategy and opening up of the financial market, we opened Shenzhen Branch in December of the same year, further expanding our mainland outlets to the main economic development zones of GBA. We actively leverage the dual platforms and dual advantages of Hong Kong and Shenzhen, and launch a wide range of competitive cross-border products, providing flexible and convenient cross-border financial services for enterprises and residents in the GBA.


In recent years, Chiyu Bank has strengthened the development of innovation and technology, established a new fintech subsidiary in Shenzhen in 2020, to nurture fintech talents and provide them with employment opportunities. In April 2021, the Bank’s new private equity asset management company in Shenzhen was approved and related private fund manager registration with the Asset Management Association of China was completed. The new company has become the first Qualified Foreign Limited Partner (“QFLP”) completing such registration in the Mainland banking industry in the past three years.


While driving our business growth, we are committed to undertaking our corporate social responsibility. This is the enduring belief of Mr. Tan Kah Kee, the founder of Chiyu Bank, who devoted his life to helping to strengthen the nation by means of supporting education. The life-long patriot, Mr. Tan, established Jimei Schools in 1913 and advocated the setting up of a bank as a long-term and stable source of funding for education. Over the years, Chiyu Bank has distributed more than HK$2.8 billion in dividends and bonuses to Jimei Schools, strongly supporting the construction of rural communities and the development of education. As early as in 1989, Chiyu Bank funded the setup of the Xiamen City Tan Kah Kee Education Development Foundation. Since its inception, the Foundation has awarded RMB 9 million scholarships and bursaries to thousands of teaching staff, as well as outstanding and disadvantaged students in Jimei. In 2017, Chiyu Bank donated HK$2 million to a Primary School in Fuzhou, Fujian Province, to subsidise the construction of the “Chiyu Library” in campus. In 2018, the Bank joined hands with Mindu Education Fund (later renamed Mindu Tan Kah Kee Foundation) in a donation of RMB 10 million to Jimei University as teaching and research funds to continue to inherit and promote the “Kah Kee Spirit”.


To better fulfil our charity mission, Chiyu Bank established the Chiyu Tan Kah Kee Education Foundation in Hong Kong in 2018. At the beginning of the outbreak of COVID-19, Chiyu Bank joined hands with the Chiyu Tan Kah Kee Education Foundation and Tan Kah Kee Fund Association, made significant donations to the front-line healthcare personnel in Wuhan of the Mainland, as well as Jimei University in Xiamen, the Hong Kong Hospital Authority and a number of local non-profit organisations to strongly support the anti-epidemic work. In 2022, with the fifth wave of the epidemic broke out in Hong Kong, Chiyu Bank also joined hands with the Chiyu Tan Kah Kee Education Foundation and Tan Kah Kee Fund Association to provide immediate anti-epidemic support to the Hong Kong Federation of Fujian Associations, Hong Kong Direct Subsidy Scheme Schools Council, Youth Anti-Coronavirus Link, Pok Oi Hospital donated materials, sponsored Pok Oi Hospital’s "Chinese Medicine Mobile Clinic - Free Medical Consultation Day". In addition, we promptly launched ten measures of "Together, We Fight the Virus” financial services, focusing on financial protection for people's livelihood, and increasing relief for enterprises and citizens. Chiyu Bank strives to help the poor to overcome financial difficulties under the epidemic. In 2021 and 2022, the Bank donated a total of HK$600,000 to the "Community Chest Immediate Anti-epidemic Fund" to extend a helping hand to Hong Kong people affected by the new coronavirus epidemic for two consecutive years.