Chongqing Rural Commercial Bank Co. Ltd. Class A
0.71
EUR
-0.04
(-5.96%)
ISIN
CNE100000X44
Return %
Stock
S&P 500
1Y
-2.74
14.20
3Y
- -
81.12
5Y
- -
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.Quarterly Revenue
CNY
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Xiaojun Liu
- Full Time Employees
- 14,266
- Sector
- Finance
- Industry
- Regional banks
- Address
- No. 36 Jinshamen Road Chongqing CH China 400023
- IPO Date
- Dec 16, 2010
- Website
- cqrcb.com
- Similar Companies
- Business
- Chongqing Rural Commercial Bank Co., Ltd. operates as a regional commercial bank focused on providing comprehensive banking and financial services primarily in Chongqing, China, with emphasis on supporting agriculture, rural areas, farmers, and small-to-medium enterprises. Founded on June 27, 2008 and headquartered in Chongqing, the bank conducts operations through three main segments: Corporate Banking, which offers corporate loans, trade financing, deposit products, financial leasing, overdrafts, supply chain financing, foreign currency services, and intermediary services to corporations, government agencies, and financial institutions; Personal Banking, which provides personal loans, deposit accounts, credit and debit cards, wealth management products, consumer credit, and personal intermediary services to individual customers; and Financial Market Operations, which engages in money market transactions, repurchase agreements, debt instrument investments, international settlement, electronic banking, and asset custody for its own account or clients. The bank maintains an extensive network including its head office, branches, sub-branches, community outlets, 12 controlled village and township banks, and subsidiaries CQRC Wealth Management Co., Ltd. and CQRC Financial Leasing Co., Ltd., primarily serving urban and county areas in Chongqing and extending to the Chengdu-Chongqing Economic Circle and surrounding regions. In recent developments, the bank received regulatory approval in July 2025 to act as custodian for securities investment funds; reported steady asset growth with total assets reaching RMB1,515 billion, deposits at RMB942 billion, and loans at RMB714 billion as of December 2024, alongside net profit growth of 6% year-over-year; advanced digital transformation initiatives including the Grid Business Opportunity Marketing Platform, Smart Cloud Grid Management Platform, and Chongqing Agricultural Assets intelligent system; expanded green loans by 18% to RMB73 billion and technology loans to RMB77 billion; supported rural revitalization with agricultural loans of RMB245 billion via specialized products like Noodle Industry Loan and Pepper Loan; and enhanced risk management through new classification regulations, lifecycle product mechanisms, and intelligent risk controls, resulting in a non-performing loan ratio decline to 1.18% with provision coverage of 363%.