Bank Of Beijing Co., Ltd. (China)

Approved by the People's Bank of China (PBC) and Beijing Government, Bank of Beijing Co., Ltd., formerly known as Beijing City Cooperation Bank Co., Ltd., was founded on January 29, 1996, one of the earliest city commercial banks in China. The company’s A shares were listed on Shanghai Stock Exchange in 2007. The Bank operates its businesses through corporate banking, including corporate deposits, corporate loans and bill discounting, among others; retail banking, including personal savings, personal loans, intermediary business, bank card, banking services, agent distribution of insurances and funds, credit card and network banking business; capital trading business, including investment and agent settlement of bonds, as well as intermediary business and electronic banking business. The Bank also initiated the establishment of Yanqing Village Bank, set up representative offices in Hong Kong and Amsterdam, and initiated Bank of Beijing Consumer Finance Company – the first consumer finance operation in China. Bank of Beijing has also established insurance joint venture BoB-ING Life Insurance, becoming the first small/medium-sized bank operating in that field. The Bank operates its businesses primarily in domestic market.