- Business
- Bank of Gansu Co., Ltd. provides banking and related financial services primarily in Gansu Province, People's Republic of China. The bank operates through three main segments: corporate banking, offering corporate loans and advances, deposits, agency services, consulting and advisory services, remittance and settlement services, and guarantee services to corporations and government agencies; retail banking, providing personal loans and deposits, bank card business including debit and credit cards such as standard, platinum, gold, city impression, co-branded, Furui, and specialized cards like "White Angel" for medical staff, personal wealth management, remittance services, and pension financial products under the "Gan Yangle" brand; and financial market operations, engaging in interbank money market transactions, repurchase transactions, investments, bond transactions, debt issuance, and trading in debt securities. Additional services encompass deposits including demand, time, certificates of deposit, and notification deposits; investment products such as "Huifu" wealth management, third-party wealth management, precious metals like gold and silver coins and bars, and insurance; loans including consumer, housing mortgage, operating turnover, online financial, rural revitalization, "Ganle", "Fangkuaidai", "Xinxidal", and large certificate of deposit pledge loans; trade finance services like international settlement, trade financing, spot foreign exchange, cross-border RMB; supply chain finance, cash management, domestic letters of credit, and government financial services including fiscal agency, social security, housing provident fund; as well as digital channels via personal and corporate internet banking, mobile banking, WeChat banking, smart gas stations, cafeterias, and payment services. The bank serves small and medium-sized enterprises, rural customers, retail individuals, and government entities, with a network across Gansu Province including branches in Baiyin and Pingliang converted from predecessor city commercial banks, and a subsidiary Pingliang Jingning Chengji Rural Bank Co., Ltd.; it maintains a principal place of business in Hong Kong. Founded in 2011 through the merger of Baiyin City Commercial Bank and Pingliang City Commercial Bank promoted by the Gansu Provincial Government, the bank is headquartered at Bank of Gansu Building, 525-1 Donggang West Road, Chengguan District, Lanzhou City, Gansu Province, China, and lists its H shares (ticker: 2139) on the Hong Kong Stock Exchange since January 2018. Recent developments include the June 2025 transfer of non-performing creditor's rights assets totaling RMB189.13 million principal and interest to Gansu Assets Management—a subsidiary of Gansu State-owned Assets Investment—for RMB36.66 million via public bidding to alleviate non-performing asset pressure; launches of the "Gan Yangle" pension financial brand and 19 elderly care finance demonstration sites; over 20% growth in green and technology loans; fulfillment of "two increases" targets for inclusive micro and small enterprise loans; total assets surpassing RMB400 billion with 6% plus growth; retail transformation yielding over 1.9 million asset-holding individual customers, 158,000 personal loan customers, 660,000 credit card customers, and 200,000 merchants; and corporate customer base expansion to 108,500 with stratified management.