Bank of Guizhou Co. Ltd. Class H
0.10
EUR
+0.00
(+0.71%)
ISIN
CNE100003PT7
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
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81.12
5Y
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68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Yi Xuefei
- Full Time Employees
- 5,548
- Sector
- Finance
- Industry
- Regional banks
- Address
- Bank of Guizhou Head Office Building Guiyang GD China 550081
- IPO Date
- Dec 30, 2019
- Website
- bgzchina.com
- Similar Companies
- Business
- Bank of Guizhou Co., Ltd. Bank of Guizhou Co., Ltd. (6199.HK) is a regional commercial bank headquartered in Guiyang, Guizhou Province, People's Republic of China, and incorporated in 2012 through the merger and reorganization of Zunyi City Commercial Bank, Anshun City Commercial Bank, and Liupanshui City Commercial Bank. The bank provides a comprehensive range of banking products and services across its Corporate Banking, Retail Banking, Financial Markets, and other segments, including time and demand deposits; corporate loans and advances such as working capital and fixed asset loans; personal loans encompassing residential mortgages, business loans, and consumption loans; trade financing; agency services; deposit-taking activities like wealth management, consultancy, settlement and clearing, acceptance, and guarantee services; credit cards; remittance services; loans to micro and small enterprises; inter-bank money market transactions; repurchase agreements; investments; and trading of debt securities. It operates through 220 business outlets covering all 88 counties, cities, and districts in Guizhou Province, supported by over 2,000 rural service stations and digital channels including mobile banking, WeChat banking, and online banking platforms such as Qianxiu debit cards, Guanyin Hengli Qianliying wealth management products, and specialized digital financing solutions like Liquor Distributor Financing, Drug Purchase Loans, and Chaqing Agricultural Products Acquisition; the bank primarily serves corporate customers including local governments and enterprises, retail individuals, and small and micro businesses in Guizhou, with a focus on inclusive finance, green credit, technological finance, and rural revitalization. As of the end of 2024, total assets reached RMB589.987 billion, loans amounted to RMB347.085 billion including RMB228.687 billion in "Four-zations" loans (new industrialization, new urbanization, agricultural modernization, and tourism industrialization), deposits stood at RMB375.002 billion, the customer base comprised 115,900 corporate and 12.1685 million individual clients, green credit balance was RMB57.858 billion (up 10.85% year-over-year), inclusive small and micro loans totaled RMB52.940 billion (up 11.62%) serving 66,500 customers, agriculture-related loans reached RMB107.498 billion (up RMB5.92 billion), and technology financial loans grew to RMB8.071 billion (up 62%), reflecting strong growth in operating income of RMB12.418 billion (up 9.46%) and net profit of RMB3.779 billion (up 3.43%) amid stable asset quality with a non-performing loan ratio of 1.72%. Recent developments include the issuance of RMB2.5 billion in special "agriculture, rural areas, and farmers" financial bonds (Phase II) in April 2024 and the first RMB5 billion provincial special agricultural finance bond; deepened green financial innovation with the "Transformation Financial Framework" recognized as a best practice case by GF60 Green Finance and others; acceleration of digital transformation via a three-year digital financial program emphasizing AI, big data, and cloud computing, including full private cloud deployment of core systems, distributed architecture pioneering, and awards for fintech achievements like the "High-Performance Anti-Fraud Platform" (third prize from the People's Bank of China); expansion of rural services with 1,019,800 third-generation social security cards issued (up 26,600) and over 2,200 rural branches achieving village-level coverage; plans to acquire an 80% stake in Tongren Fengyuan Town Bank at no cost to convert it into a branch; and strategic emphasis on supporting Guizhou's "six industrial bases," "Precision Development for Rich Mines," "Electric Guizhou," and key provincial initiatives amid provincial Party committee inspections and Party building enhancements.