Bank of Ningbo China

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By: BankTrack Created before Nov 2016 Last update: May 24 2016

Contact:

Yu Xiaogang, Founder of Green Watershed

About Bank of Ningbo Bank of Ningbo is a shareholding commercial bank that was established in April 1997. In July 2007 it was listed on the Shenzhen Stock Exchange. By September 2011 the bank owned 8 branches and had 126 sub-branches, operating in cities such as Shanghai, Nanjing, Hangzhou, Shenzhen, Suzhou, Wenzhou, Beijing, and Wuxi.

The bank offers a variety of services to individuals, corporate, and small business clients. Services include the following: loans; deposits; trade financing; financing services for small companies; personal savings; foreign exchange trading; bond business; and credit card services.

Website http://www.nbcb.cn/ywb/index.shtml

Headquarters No. 294, Zhongshan East Road Ningbo, Zhejiang China

CEO/chair Mr. Lu Huayu Chairman

Supervisor China Banking and Investment Regulatory Commission (CBIRC)

Annual report Annual Report 2013

Ownership listed on Shenzhen Stock Exchange

Complaints and grievances

Sustainability

Voluntary initiatives Bank of Ningbo has committed itself to the following voluntary standards:

Investment policies 2008 - None

2009 - None

2010 - None

2011 - None

2012

Official announcement of the "2012 Bank of Ningbo Credit Policy," which requires the restriction of credit extensions to "Two Highs" industries, and according to the principles of "total control, choose the superior and limit the inferior, and advance and retreat", and through a thorough search of credit business, to methodically establish a list of companies with excess capacity to be limited and supervised, and to endorse the gradual limitation of authority of the entire credit industry.

Good moves