Yantai City Commercial Bank is a local joint-stock commercial bank established on the basis of 1997 165438 with the approval of the head office of the People's Bank of China.
Yantai City Commercial Bank has a wide shareholding structure, which consists of local finance, enterprises and natural persons. At the beginning of its establishment, 1997 had a registered capital of1280,000 yuan.
After the capital increase and share expansion in 2003, the capital was 697 million yuan; After two times of capital increase and share expansion, the registered capital is 65.438+0.087 billion yuan. Over the years, with the correct leadership of the Yantai Municipal Party Committee and Municipal Government, the business supervision of banking supervision departments at all levels and the care and support of customers, Yantai Commercial Bank has made every effort to build a "citizen bank" brand based on the advantages of regional economic development in the eastern coastal open cities of Yantai, with the market positioning of "based on local conditions, facing small and medium-sized enterprises and serving the citizens" and taking small and medium-sized enterprises as its main partners.
By the end of February, 2008, the bank's deposit balance was 2154 million yuan; The loan balance was 654.38+05.96 billion yuan; The total assets are 27.57 billion yuan, and the business scale has increased nearly six times compared with that when it was established. It has entered the ranks of commercial banks in large cities across the country and ranks among the top 100 taxpayers in the city.
In order to achieve a higher level of development and meet the needs of modern financial reform and development, Yantai City Commercial Bank began to introduce overseas strategic investors with global vision in 2007.
On June 5438+1October 3 1 day, 2008, with the strong support and help of the Municipal Party Committee and banking supervision departments at all levels, we reached cooperation intentions with Hang Seng Bank and Wing Lung Bank in Hong Kong. On February 5, 65438, Hang Seng Bank and Wing Lung Bank became shareholders in Yantai City Commercial Bank, and their qualifications were approved by the China Banking Regulatory Commission. Yantai City Commercial Bank has since stood at a new historical starting point, becoming 14 of 128 city commercial banks in China, the third in the province and the second city commercial bank in prefecture-level cities to introduce overseas strategic investors.