- CEO
- Hongtao Wu
- Full Time Employees
- 6,621
- Sector
- Finance
- Industry
- Regional banks
- Address
- No. 15 Youyi Road Tianjin TI China 300201
- IPO Date
- Mar 30, 2016
- Business
- Bank of Tianjin Co., Ltd. (1578.HK) operates as a commercial bank providing a comprehensive range of banking and related financial services primarily in the People's Republic of China. The bank conducts its business through three main segments: Corporate Banking, which offers deposit taking, corporate loans, trade financing, and other corporate intermediary services to corporations, government agencies, and financial institutions; Personal Banking, which provides personal loans and deposits, card business, personal wealth management services, and other personal intermediary services to individual customers; and Treasury Operations, which engages in debt instruments investments as well as money market, foreign exchange, precious metal, and derivatives transactions for its own account or on behalf of customers. It also provides agency services for the housing maintenance fund and related financial products including investment banking, currency trading, investment management, and credit card issuing.
Founded in 1996 and headquartered at No. 15 Youyi Road, Hexi District, Tianjin, China, the bank maintains operations across multiple regions including Tianjin, Beijing, Shanghai, Hebei, Shandong, Sichuan, Xinjiang, and Ningxia, with 216 business institutions comprising one business department, six central sub-branches, seven first-level branches, and six second-level branches as of recent reports. It holds controlling interests in subsidiaries such as Bank of Tianjin Financial Leasing Co., Ltd. and several village banks including Tianjin Jizhou Village Bank and seven Jinhui Village Banks in Ningxia and Xinjiang. The bank listed on the main board of the Hong Kong Stock Exchange in March 2016, with major shareholders including Tianjin Free Trade Zone Investment Co., Ltd. (15.93%), ANZ Banking Group Co., Ltd. (11.95%), and Tianjin Pharmaceutical Group Co., Ltd. (8.02%).
In recent developments, the bank completed the absorption and merger of Jizhou Village Bank on December 27, 2024, inaugurating a new institution to support regional expansion; received NFRA approval on December 31, 2024, for investment in Home Credit Consumer Finance Co., Ltd.; and signed a strategic cooperation agreement with iFlyTek on November 13, 2024. It issued RMB5.0 billion financial bonds in the interbank market on December 26, 2024, RMB10 billion Tier II capital bonds on May 20, 2024, and RMB10 billion financial bonds on June 20, 2024, to bolster capital and support business growth. Additional strategic moves include partnerships with Agricultural Bank of China Tianjin Branch on March 1, 2024, 11 state-owned enterprises in Tianjin on April 10, 2024, and others such as Tianjin Agricultural and Commercial Bank and Ly.com in late 2024, alongside the launch of themed co-branded physical precious metals during the 2024 Tianjin Marathon on October 20, 2024.