Bank of Qingdao Co., Ltd. Class A
0.55
EUR
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- -
ISIN
CNE100002391
Return %
Stock
S&P 500
1Y
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14.20
3Y
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81.12
5Y
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68.34
Capital Structure
CNY
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in mil. unless spec.Working Capital
CNY
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Quarterly Revenue
CNY
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in mil. unless spec.Quarterly Earnings Per Share
CNY
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Wu Xianming
- Full Time Employees
- 5,571
- Sector
- Finance
- Industry
- Regional banks
- Address
- Building 3 Qingdao SD China 266061
- IPO Date
- Dec 3, 2015
- Website
- qdccb.com
- Similar Companies
- Business
- Bank of Qingdao Co., Ltd. (002948.SZ) operates as a regional commercial bank providing a comprehensive range of banking products and services in the People's Republic of China, primarily through its three core segments of retail banking, corporate banking, and financial market business. The bank offers deposits including time and demand accounts; retail, corporate, and personal loans such as short-, mid-, and long-term facilities, discounted bills, and acceptance notes; settlement services encompassing domestic and overseas payments; bank card issuance and operations; letters of credit and guarantees; safe deposit boxes; securities investment fund custody; corporate bonds; foreign exchange settlement and sales; bond issuance, underwriting, and agency services; interbank lending and deposits; insurance agency; precious metals sales; and self-service banking via automated teller machines, cash recycling machines, and inquiry terminals. It serves individual, small and medium-sized enterprise, and institutional customers with specialized offerings like supply chain financing, blue finance products in collaboration with the International Finance Corporation, and integrated solutions combining commercial banking, investment banking, and asset management; operations are based in Qingdao with 16 branches across Shandong Province and sub-branches focused on science and technology, culture innovation, and port industries. Founded in November 1996 and headquartered at No. 6 Qinling Road, Laoshan District, Qingdao, Shandong, the bank changed its name from Qingdao City Commercial Bank Co., Ltd. in 2008, listed A-shares on the Shenzhen Stock Exchange in January 2019 following H-shares on the Hong Kong Stock Exchange in December 2015, and maintains a diversified ownership structure with major shareholders including Haier Group, Intesa Sanpaolo, and Qingdao Conson Group. It controls subsidiaries BQD Financial Leasing Co., Ltd., established in February 2017, and BQD Wealth Management Co., Ltd., incorporated in September 2020, while advancing sustainable initiatives as the first Chinese bank with blue finance characteristics, approved by the United Nations Environment Programme in November 2020 and receiving a USD 150 million credit line from the IFC in June 2021. Recent developments include significant shareholder support through Qingdao Guoxing Industrial Finance Holding (Group) Co., Ltd. and concerted parties planning to increase their stake from 14.99% to between 19.00% and 19.99% via secondary market purchases announced in September 2025, alongside steady asset growth positioning it as Shandong's largest regional corporate bank and recognition in global brand rankings.