Bank of Ningbo Co., Ltd. Class A
SSZSE:00214233.64
CNY
-0.42
(-1.23%)
ISIN
CNE1000005P7
Return %
Stock
S&P 500
1Y
20.36
14.39
3Y
39.76
81.42
5Y
-7.52
68.62
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
- Peijiong Feng
- Full Time Employees
- 24,857
- Sector
- Finance
- Industry
- Regional banks
- Address
- No. 345, Ningdong Road Ningbo ZH China 315042
- IPO Date
- Jul 19, 2007
- Website
- nbcb.com.cn
- Similar Companies
- Business
- Bank of Ningbo Co., Ltd. delivers a comprehensive suite of financial solutions for both individual clients and corporate entities across the People's Republic of China. The institution organizes its operations through key divisions, including Corporate Banking, Personal Banking, Capital Business, and Other Business segments. The bank's offerings encompass a broad range of products, such as various deposit accounts, short-term, medium-term, and long-term loan facilities, and diverse bank card options. It facilitates domestic and international settlement services, provides bill discounting, and acts as an agent for collection, payment, and the underwriting and sale of government bonds. Additionally, the bank engages in inter-bank lending and borrowing, offers safe deposit box services, and handles foreign exchange deposits, currency exchange, foreign currency loans, remittances, and bank guarantees, alongside insurance agency and other banking functions. Expanding its specialized financial market activities, Bank of Ningbo also manages the issuance of financial bonds, conducts entrusted loan businesses involving local fiscal credit turnover funds, and executes foreign currency purchasing and selling operations. It participates in inter-bank foreign currency lending and borrowing, accepts and discounts foreign currency bills, and provides foreign exchange settlement and guarantee services. The bank demonstrates a robust operational footprint, with a capital operations center situated in Shanghai, alongside branches positioned throughout cities in Zhejiang province, including Ningbo, Wenzhou, Jinhua, Shaoxing, Taizhou, Jiaxing, Lishui, Huzhou, Quzhou, and Zhoushan. Its network further extends to key economic hubs such as Shanghai, Hangzhou, Nanjing, Shenzhen, Beijing, and Wuxi. As of the close of 2024, Bank of Ningbo held a market share of 11.46% in Ningbo City and 3.99% within Zhejiang province, underscoring its established regional presence. Established in 1997 as Ningbo Commercial Bank Co., Ltd., the organization adopted its current name, Bank of Ningbo Co., Ltd., in February 2007, marking a significant milestone as the first listed city commercial bank in China. Headquartered in Ningbo, the institution has demonstrated consistent growth, reporting total assets of approximately RMB 3,578 billion as of the end of September 2025, with deposits reaching around RMB 2,048 billion and loans and advances totaling RMB 1,717 billion. For the full year 2024, the bank achieved an operating income of 66.631 billion yuan and a net profit attributable to shareholders of 27.127 billion yuan. Its non-performing loan ratio stood at 0.76% as of September 2025, maintaining a level below 1% for eighteen consecutive years. The bank is recognized as a domestic systemically important bank in China and was ranked 72nd globally by Tier-1 Capital among "Top 1,000 World Banks, 2025."