Bank of Beijing Profile
Bank of Beijing is a Sino-foreign joint stock commercial bank established in 1996. Relying on the prosperous domestic economy, the Bank has achieved several strategic milestones, including introducing overseas strategic investors, public listing, and geographic expansion. Currently, the Bank has set up almost 400 branches in not only over 10 domestic major cities, including Beijing, Tianjin, Shanghai, Xi’an, Shenzhen, Hangzhou, Changsha, Nanjing, Jinan, and Nanchang, but also in Hong Kong and the Netherlands. The success of Bank of Beijing has established a classic development pattern for small- and medium-sized banks.
As of December-end, 2015, Bank of Beijing’s total asset balance was RMB 1.84 trillion, after a breakthrough of RMB 2 trillion during the year. Net profit achieved RMB 16.84 billion with a cost to income ratio of 24.99%. Its NPL ratio was 1.12% while provision coverage ratio was 278%. CAR was 12.27%. The Bank creates leading performance of all financial indicators internationally and ranks the first among all regional banks in China in terms of corporate value. The Bank holds a brand value of 26.3 billion Yuan and ranks No.87 in terms of Tier-1 capital on the latest World Top1000 Banks list, becoming the world Top 100 for two consecutive years. Therefore the Bank is regarded as the small- and medium-sized bank with the greatest innovation capability and development potential.
Throughout the past 20 years, Bank of Beijing has always been active in fulfilling its social responsibility. It has donated a total of more than 150 million Yuan to support public welfare such as medical care, education and other charity activities. With the outstanding performance and excellent products and services, Bank of Beijing is highly appraised by the public. The Bank received several honors such as “National Civilized Units”, “Top 10 Listed Banks in Asia”, “The Best City Commercial Retail Bank in China”, “Best Regional Bank”, “Best Contribution for Supporting SMEs”, “Best Bank with Service for People’s Livelihood”, “Top100 Chinese Listed Companies”, “Outstanding Chinese Companies for Social Responsibility”, “Listed Companies with Most Sustainable Investment Value”, “Most Respectable Bank”, “Most Trustworthy Banking Institution by Citizens” and “China’s Outstanding Corporate Citizens” etc.
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