Industrial Bank is a commercial bank engaged in accepting public deposits; issuing loans and financial bonds; handling domestic and international settlements and notes acceptance and discounting; issuing, cashing and underwriting government bonds; government and financial bonds trading; interbank borrowings; trading and acting as trading agent for foreign currency; providing bank card, letter of credit, guarantee and safe deposit services; and acting as agent for collection, payment and insurance business. As of Dec 31 2007, Co. had total assets of RMB851,335,000,000 and total deposits of RMB506,371,000,000.
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