Bank of Ningbo Co Ltd
SZSE:002142

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Bank of Ningbo Co Ltd Logo
Bank of Ningbo Co Ltd
SZSE:002142
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Price: 24.52 CNY 1.2% Market Closed
Market Cap: 161.9B CNY
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Bank of Ningbo Co Ltd
Investor Relations

Nestled in the bustling economic hub of China's eastern coast, Bank of Ningbo Co Ltd has emerged as a formidable player in the banking sector. Its establishment in the picturesque city of Ningbo set the stage for swift growth driven by an agile business model adept at capturing the nuances of China's ever-evolving financial landscape. Primarily, the bank serves small and medium-sized enterprises (SMEs), tapping into the entrepreneurial spirit that defines much of the region's economic vigor. Through a network of strategically located branches and an innovative digital platform, Bank of Ningbo stands out by offering tailored financial solutions that cater specifically to the unique needs of local businesses, positioning itself as an indispensable partner in their growth trajectories.

The bank's strategy hinges on a diversified revenue stream, deftly balancing traditional banking services—such as deposits and loans—with more progressive offerings, including asset management, wealth management, and investment banking. Regular revenue from interest spread on loans ensures a steady income, while fee-based services provide a cushion against volatile interest rates. This dual approach not only bolsters its financial stability but also underscores its adaptability in meeting market demands. By integrating cutting-edge technology with personalized customer service, Bank of Ningbo not only enhances operational efficiency but also enriches client relationships, reinforcing its solid reputation in both local and national markets.

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Earnings Calls

No Earnings Calls Available

Management

Mr. Lingjun Zhuang
President & Vice Chairman
No Bio Available
Mr. Weikai Luo
Director,VP, Financial Officer & CIO
No Bio Available
Mr. Peijiong Feng
VP & Director
No Bio Available
Mr. Gang Yu
Board Secretary
No Bio Available
Mr. Yandi Xu
IR expert
No Bio Available
Ms. Ye Zhuang
Deputy GM of Compliance Department & Employee Representative Supervisor
No Bio Available

Contacts

Address
ZHEJIANG
Ningbo
No. 345, Ningdong Road, Yinzhou District
Contacts
+8657487050028
www.nbcb.com.cn