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 has been ranked 154th by total assets and ranked 161st by Tier 1 capital in the “Top 1000 World Banks 2023” by the UK magazine, The Banker, and has been listed among the top 200 world banks for many years.


Established for more than 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. 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 2023, the Bank’s total assets have exceeded HK$184.6 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. In 2023, Chiyu Bank celebrated its 80th anniversary and held a number of charitable donation ceremonies to fully support diversified social welfare undertakings.


To better fulfil our charity mission, Chiyu Bank initiated and established the Chiyu Tan Kah Kee Education Foundation in 2018（A registered charitable institution recognized by the Hong Kong Government）and Tan Kah Kee Fund Association in 2020 respectively in Hong Kong, with the aim of organizing and supporting public welfare projects in Chinese mainland, Hong Kong and around the world. Since their establishment, the two institutions have been organizing and promoting a variety of public welfare activities. They also support education development and help the underprivileged through different ways by giving back to the society, actively inherit and carry out the “Kah Kee Spirit”.