Bank Of Ningbo Co Ltd
Company Profile
Business description
Bank of Ningbo is the fifth largest city commercial bank in China by total assets. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank has a headquartered in Ningbo, a vice provincial city in Zhejiang province. It has a differentiated positioning in SME and nonmortgage retail loan business. The bank has established 16 branches in Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province. These regions contributed about 64%, 22%, 4.6%, 3.9%, and 4.2%, respectively, to total loans in 2023. It has a diversified shareholding structure, with SASAC of Ningbo Municipal Government, Singapore’s OCBC Bank, and Youngor Group holding 18.7%, 18.7%, and 10% of the shares, respectively, as of end-2023.
Contact
No. 345, Ningdong Road
Yinzhou District, Zhejiang Province
Ningbo315100
CHNT: +86 57487050028
Sector
Financial Services
Stock type
Cyclical
Industry
Banks - Regional
Fiscal Year End
31 December 2025
Employees
26,976
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