Luso International Banking

In 2013, XIB has successfully transformed to a Chinese commercial bank. By the end of 2015, the registered capital and equity of XIB has reached 6.4 billion and 25.4 billion, respectively. In China, with its headquarter in Xiamen, XIB has over 50 branches and sub-branches in Beijing, Shanghai, Zhuhai, Xiamen, Fuzhou, Quanzhou, Ningde, Longyan, Zhangzhou, etc and our network continues to grow. XIB has established a good standing of correspondent relationship with nearly 200 banks, and a good reputation at home and abroad. It has been rated as an AAA enterprise by China Lianhe Credit Rating in 2016. y the end of 2015, XIB ranked top 2 among the banking industry of Fujian Province, top 10 among the city commercial banks in China. By the end of 2015, the total assets of XIB were close to approximately RMB 460 billion, representing an increase of 31.60% over the previous year. The net asset of XIB amounted to RMB 25.4 billion, profit after tax was RMB 3.3 billion. XIB attained rapid growth in the past decades and the asset quality continued to maintain at optimal level. Luso International Banking Limited (LIB) was established and registered in Macau in 1974. In 1985, LIB became the wholly-owned subsidiary of Xiamen International Bank, the first joint-ventured bank in China. In 2015, LIB successfully completed the capital injection process and has become a truly local bank in terms of shareholdings. As of the end of July, 2016, the deposit, loan balance, profit after tax and total assets of LIB has ranked top 4 among 29 banks in Macau, total assets amounted to MOP 100 billion, the bank's asset quality continued to maintain at optimal level. Being one of the major commercial banks in Macau, LIB has an elite work team of over 400 members, with 13 branches located at prime locations in the territory to serve the public. LIB is a prudent and active financial institution, determined to provide high quality service, as to contribute to the prosperity and development of Macau. In January 2014, LIB became the first local Macao bank that set up a representative office in Hengqin Economic Zone of Zhuhai. Copyright©LusoBank, All rights reserved