ICBC, China Construction Bank Each Have Over 300 Million Mobile Banking App Users

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Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB) currently top Chinese lenders when it comes to registered users of mobile banking apps.

As of the end of June 2019 the registered users of ICBC’s three retail operations apps – Rong eHang (融e行), Rong eGou (融e购) and Rong eLian (融e联), stood at 333 million, 133 million and 159 million respectively.

CCB had the second largest number of mobile banking users at 328 million in total, for an increase of 19.9 million, or 6.43%, compared to the end of last year.

As of the end of June CCB also had 94.09 million registered users of its WeChat banking service, for an increase of 5.08 million, or 5.71%, compared to the end of last year.

Agricultural Bank of China’s mobile banking users stood at 284 million as of the end of June, for an increase of 10.5% compared to the end of 2018, while Postal Savings Bank of China had 239 million mobile banking users and 220 million online banking users.

Bank of China had 163 million mobile banking users, for an increase of 12.12% compared to the end of last year, while Bank of Communications had 79.73 million registered mobile banking users.

Outside of China’s big state-owned banks, China Merchants Bank laid claim to the largest number of mobile app users at the end of the second half, at 92.758 million in total.

Ping An Bank’s Ping An Pocket Bank app (平安口袋银行APP) had 74.3193 million users as of the end of June, for an increase of 19.4% in the first half, while China CITIC Bank’s app users stood at 41.1581 million, for a YoY increases of 29.53%.

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