Chongqing Rural Commercial Bank Co., Ltd.
3618.HK
Hong Kong Stock Exchange6.32
HKD
-0.09
- -
Chongqing Rural Commercial Bank Co., Ltd.
3618.HK
(Hong Kong Stock Exchange)
Recent
price
6.32
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Chongqing Rural Commercial Bank Co., Ltd. operates as a commercial bank headquartered in Chongqing, China, primarily serving the Chongqing region and surrounding areas. Founded in 2008 as a rural commercial bank with unified operations throughout Chongqing, the company offers comprehensive banking and financial services segmented into corporate banking, personal banking, and financial market business. Its corporate banking services include current accounts, deposits, overdrafts, loans, trade financing, foreign currency and credit services to corporations, government agencies, and financial institutions. The personal banking segment provides personal loans, deposit products, credit and debit cards, personal wealth management services, and other intermediary services to individual customers. The financial market business involves money market and repurchase transactions, debt securities investments, and collateralized trading both for the bank’s own account and customers. Chongqing Rural Commercial Bank operates an extensive branch network including head office, business departments, branches, sub-branches, township banks, ATMs, multimedia inquiry machines, and self-service financial points to support retail and rural financial inclusion. Recent major developments include strategic integration into key regional economic initiatives such as the Chengdu-Chongqing Economic Circle and the New International Land-Sea Corridor. The bank has intensified credit support exceeding RMB 140 billion to regional industries, new manufacturing clusters, technological innovation zones, and infrastructure projects including metro lines and digital economy incubation bases. It has also accelerated digital transformation efforts, enhancing digital innovation capabilities and launching service innovations like online loan facilitation and comprehensive financial product matrices. In addition, the bank completed shareholding consolidations in township banks in Yunnan and Guangxi provinces, reinforcing compliant and stable development. These initiatives highlight Chongqing Rural Commercial Bank’s strategic emphasis on regional economic integration, technological innovation, and rural financial services expansion. The bank’s main products and services include deposits, loans, trade finance, bank card issuance, electronic banking, international settlements, investment services, corporate and personal financial products, and wealth management. Operating over 500 branches as of 2024, the bank serves millions of customers with a focus on specialized retail and corporate financing needs. It functions mainly within the People’s Republic of China, especially in Chongqing and neighboring provinces. Chongqing Rural Commercial Bank is listed on the Hong Kong Stock Exchange under ticker 3618.HK and continues to build on its heritage since its founding to consolidate its position as a key regional banking institution supporting local economic development and rural revitalization. The company’s leadership includes President Xie Wenhui and has implemented strategic priorities around integrated financial market operations, collaborative interbank services, and innovative financial technology applications to underpin business and regional growth. Recent investments in digital product offerings and service models aim to enhance customer experience and operational efficiency across its extensive retail and corporate client base. The bank maintains a strong shareholder structure and compliance framework to support sustainable development in a competitive financial environment. Chongqing Rural Commercial Bank Co., Ltd. provides a broad range of banking services tailored to enterprises, government entities, and individuals, emphasizing regional economic integration, rural financial inclusion, digital innovation, and strategic project financing in western China. Its ongoing expansions in technology and service capability reflect its commitment to supporting the economic transformation and modernization of the Chongqing and Chengdu regions as of 2025.