On April 26, Interbrand, a world-leading brand consultation agency, released the 'List of Best Chinese Brands in 2017', in which Industrial Bank (IB) is ranked in the 19th position with a brand value of RMB 14.146 billion, up by 11%, making IB the fastest growing bank in brand value on the list.

The continuous consolidation of comprehensive strength underlies the fast-growing brand value. In recent years, IB has been practicing its differentiated development strategy, actively responded to internal and external changes and made changes inside, proactively planned for the future and accelerated the structural adjustment, transformation and upgrade, thus achieving stable, sustainable and healthy development of scale and performance. According to the annual report of 2016, by the end of 2016, IB's asset has exceeded RMB 6 trillion for the first time and reached RMB 6.09 trillion with a YOY growth of 14.85%, ranking the first among shareholding banks; the net profit was RMB 53.85 billion with a YOY growth of 7.26%; the total ROA and weighted average net ROA were respectively 0.95% and 17.28%, with the cost-income ratio of 23.39%, remaining excellent in the industry.

The raising of brand value also attributes to the continuously promoted differentiated business mode and brand development strategy. A variety of featured business in all sectors shows great advantages. As China's first equator bank and the initiator and leader of green finance, IB has been excavating green finance for 11 years and made many 'No. 1' for China's banking industry in terms of green finance. By virtue of diversified financing tools, IB has accumulative provided over RMB 1 trillion of green financing. Its image of green finance leader impresses all. IB has launched the innovative interbank cooperation platform - Interbank Platform, making it the benchmark of inclusive finance in the industry. The agency trade of precious metal, investment bank, asset custody, FICC and other business keep expanding their fame and market influence. Internet financial products such as Money Manager, Industrial Treasure, Direct Bank are widely welcomed. The 'Three Fast Tracks' of payment, financing and wealth management, 'IB Butler' and other enterprise transaction and settlement products are skyrocketing and surging up. The pension finance brand 'Enjoyable Life', the credit card brand 'Vigor Life' and the outbound finance brand 'Universal Life' as well as other retail finance brands also hold their distinctive positions in their respective fields.

As we know, Interbrand initiated brand value research in 1988. As the first internationally accredited brand value evaluation system that has been recognized by ISO10668 International Certification, it boasts the analysis method that is widely recognized by the industry as the tool with the best special strategic management value. The 'List of Best Chinese Brands in 2017' applies independently audited financial data and broad consumer research and market materials with the purpose of selecting 50 most valuable Chinese brands. The brand value calculated on the list reflects their economic profits contributed in the future.

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Industrial Bank Co. Ltd. published this content on 02 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 May 2017 09:50:25 UTC.

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