Chongqing Rural Commercial Bank

#1645

Rank

$10.3B

Marketcap

China

Country

Leadership team

Mr. Wenhui Xie (Pres & Chairman)

Mr. Peizong Zhang (VP, Sec. of the Board & Exec. Director)

Ms. Xin Gao (IR Officer)

Products/ Services

Banking, Finance, Financial Services

Number of Employees

1,000 - 20,000

Headquarters

Chongqing, Heilongjiang, China

Established

1951

Net Income

1B - 20B

Revenue

Above - 1B

Traded as

3618.HK

URL

https://www.cqrcb.com

Overview

Location

Recognition and Award

References

Summary

Chongqing Rural Commercial Bank Co., Ltd., together with its subsidiaries, provides a range of banking and related financial services in the People's Republic of China. It operates in three segments: Corporate Banking, Personal Banking, and Financial Market Operations. The Corporate Banking segment offers financial products and services, including deposit takings, corporate loans, trade financing, financial leasing, and other corporate intermediary services to corporations, government agencies, and financial institutions. The Personal Banking segment provides financial products and services, such as deposit products, personal loans, cards, personal wealth management services, and other types of personal intermediary services to individual customers. The Financial Market Operations segment conducts money market or repurchase transactions; and invests in debt instruments for its own accounts or on behalf of customers. The company also provides mobile banking, Internet banking, and telephone banking services. As of 31 December 2021, it had operated 1,760 branches, including the head office and the business department, 7 branches, 35 first-class sub-branches, 134 second-class sub-branches, 2 community sub-branches, and 1,580 branch offices, as well as 145 self-service 24-hour banking centers. The company was formerly known as Chongqing Rural Credit Union and changed its name to Chongqing Rural Commercial Bank Co., Ltd. in 2008. Chongqing Rural Commercial Bank Co., Ltd. was founded in 1951 and is headquartered in Chongqing, China.

History

Chongqing Rural Commercial Bank was established in 1997 and became one of the largest rural commercial banks in China, with over 500 branches, more than 850 ATMs and over 1,700 outlets across the country. It provides comprehensive financial services to individuals, businesses and institutions.

Mission

Chongqing Rural Commercial Bank is committed to providing comprehensive, convenient and quality financial services to customers, promoting the economic and social development of the nation and contributing to the deepening of China's financial market.

Vision

Chongqing Rural Commercial Bank strives to become the leading commercial bank in China, offering world-class financial services to customers, and contributing to the construction of an affluent society with a modern corporate image.

Key Team

Mr. Yi Zheng (Chief Credit Approval Officer & Employee Representative Supervisor)

Ms. Xiuping Huang (Company Sec.)

Mr. Xiaoming Le (Director of the Party-Masses Work Dept. & Party Com. Office & Employee Representative Supervisor)

Mr. Chi Kit Leung (Company Sec.)

Recognition and Awards

Chongqing Rural Commercial Bank has won awards such as the “Best Bank of the Year” from China Banking Magazine, the “Top Ten Financial Innovation Bank” from the People’s Bank of China, and the “Excellence Award” from the Ministry of Agriculture.