Qingdao Rural Commercial Bank

The headquarters of Qingdao Rural Commercial Bank is located in the core area of the National Wealth Management Financial Comprehensive Reform Pilot Zone. It is one of the seven sub-provincial cities in the country approved by the State Council and established as a whole city-wide rural commercial bank. It opened on June 28, 2012. It was listed on the Shenzhen Stock Exchange on March 26, 2019. It is the youngest A-share listed bank in the country and the first A-share listed rural commercial bank north of the Yangtze River. Since its restructuring and opening, Qingdao Rural Commercial Bank has taken its market positioning as “serving the main bank of “Agriculture, Rural Areas and Farmers”, the main bank for urban and rural co-ordination, the partner bank for small and medium-sized enterprises, and the intimate bank for urban and rural residents. International settlement volume, asset quality, provision coverage ratio, net profit and other indicators ranked first in Shandong Province’s major corporate banks, becoming the backbone of Qingdao’s banking industry, a systematically important corporate bank in Shandong Province, and the transformation and innovation of the National Rural Commercial Bank. model. As of the end of June 2020, the total assets were 375.9 billion yuan, the balance of deposits and loans reached 240 billion yuan and 202.2 billion yuan, respectively, the five-level classification NPL ratio was 1.49%, and the provision coverage ratio was 318%. In 2019, the international business settlement volume was US$14.9 billion, the net profit attributable to the parent was 2.825 billion yuan, and various taxes were 1.32 billion yuan. Based on the new journey of "Second Entrepreneurship", Qingdao Rural Commercial Bank will take "Public Bank, Provincial Bank, and Group Bank" as its strategic vision and "Leadership, Characteristic, and High-Quality Development" as its strategic keynote, and strive to build a leading national The characteristic banks,