|
|
 |
INTRODUCTION |
 |
■Bank of Yingkou ,formerly
known as Yingkou Commercial Bank, was founded as a local joint-stock
commercial bank on April 1,1997.
Currentely it has 39 branches.
■On January 14, 2008, with the approval of China Banking Regulatory
Commission (CBRC),Yingkou Commercial Bank was renamed “Bank Of
Yingkou” and becomes a regional jiont-stock commercial bank
from a local jiont-stock commercial bank.
■With 10 years of progress, Bank of Yingkou launched |
a strategic development plan
of “Introduction of a Strategic Investor, Cross-region Operation
and Listing”.
■Bank of Yingkou established an international strategic partnership
with CIMB Bank of Malaysia in 2008. CIMB becomes the foreign strategic
investor with a 19.99% stake. Collaborating with CIMB, Bank of Yingkou
continues to enhance its management technics and capabilities,
broaden its business area, create broader space for development
and speed up the process of internationalization.
■In 2008, Bank of Yingkou received the approval of CBRC for
the cross-region operation and set up the Shenyang branch
on 6 June 2009. Cross-region operation, coupled with the introduction
of the foreign strategic investor, brings new impetus to
our continual reform and innovation. This is in line with our plan
of “Introducing System”, “Introducing Talent”, and “Introducing
Technology” and fits with its strategic development initiative,
effectively broadens the service network, allows the bank to compete
and cooperate in much broader area, thereby strengthens the overall
competitiveness of the bank. It is an important milestone of
Bank of Yingkou towards becoming a nationwide joint-stock commercial bank
and represents great significance for its sustainable and
healthy development.
■With the goal of creating a “good bank” with international
standards,the performance increased
year by year. The scale of operation has increased by 30% on average
each year, and it has maintained the first place in the market
for six consecutive years.
As of the end of 2009,Bank of Yingkou has a total assets of
RMB27.36billion, non-performing loan ratio of 0.79%,
capital adequacy ratio of 12.81%, return on capital of 23.05%,
return on assets of 1.59% and provisioning coverage ratio of 231%.
Bank of Yingkou has achieved steady operational performance,
with significant increase in per capita earnings and major operation
indicators at excellent level in China Banking Industry.
Its regulatory risk rating is ranked at the excellent second grade by CBRC.
■Our main operating specialty is “Assist Small and Medium-sized
Business for Common Growth”. In fulfilling its service motto “Think for You”
and from the experience of being close to its customers for a long term,
Bank of Yingkou created a prominent franchise as “the partner bank of
the Small and Medium-sized Enterprises” and has established the reputation
and social impact in providing financial service to small enterprises.
In 2007, it was conferred by CBRC the award of “Advanced Institution in the
Area of Small-Enterprise Loan of the Nationwide Financial Institutions”.
■In March 2009, Bank of Yingkou was ranked by the “Bankers”
magazine in China the37th position among the 135 city commercial
banks nationwide, the 11th position among the 31 city commercial banks
in the Bo Sea region and the 2nd position among the 14 city commercial banks
in the Northeastern China region. Bank of Yingkou was also named
as the Financial Institution with the Most Potential in 2008
at the annual meeting of China's Financial Experts.
■Bank of Yingkou actively pursues its corporate social responsibilities
to become a respectable bank. In order to support the "Agriculture,
Countryside and Farmers", economy development agenda and extend
its service scope, Bank of Yingkou led the founding of the first rural
township bank of Liaoning province — Dashiqiao Longfeng Rural Township Bank
and becomes its largest shareholder with a 20% stake.
■In the competitive China’s banking industry undergoing all-around
reform and opening, Bank of Yingkou has progressed to become a joint-stock
commercial bank having normative management, good governance,
high quality assets, focus operating direction and excellent performance.
It exhibits strong development momentum and growth potential. |
|
|
|