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Bank Of Changsha Co.,Ltd. (China)

Main Activities: Commercial Banking
Full name: Bank Of Changsha Co.,Ltd. Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Bank of Changsha Co., Ltd. is a regional joint-stock commercial bank and the largest corporate financial enterprise in Hunan Province, China. It was established on May 25, 1997. The bank went public on the Shanghai Stock Exchange on September 26, 2018, with the stock code 601577, becoming the first listed bank in Hunan Province. Bank of Changsha operates 30 branches, including its Guangzhou branch, as well as various business outlets and service networks that cover all cities and counties in Hunan Province. It also holds stakes in Xiangxi Changhang Rural Bank, Qiyang Rural Bank, Yizhang Changhang Rural Bank, and Changyin 58 Consumer Finance Company. Additionally, it has established Hunan Changyin Digital Technology Co., Ltd. to provide customers with 24/7 mobile banking, online banking, WeChat banking, and telephone banking services. The bank adheres to the development mission of "walking the right path and benefiting the public" and upholds the core values of "customer focus, pragmatic approach, and joyful collaboration." It is committed to serving local development, small and medium-sized enterprises, and residents, continuously enhancing its ability to serve the real economy. With the strong support of its customers and various sectors of society, Bank of Changsha has achieved significant development in its various businesses since its establishment. It has become a regional listed city commercial bank with assets exceeding 900 billion yuan. It ranks 191st in the 2022 Global Bank 1000 ranking published by The Banker, 36th in the 2022 China Top 100 Banks ranking published by the China Banking Association, and 7th among national city commercial banks in the 2022 "Gyro" evaluation released by the China Banking Association. Looking ahead, Bank of Changsha will adhere to a customer-centric and value-oriented approach. It aims to achieve "billions in profits," "hundreds of billions in market value," and "trillions in assets" by focusing on risk management and customer service. The bank will also prioritize localization, lightweight operations, digitalization, and scenario-based services. Its goals include strengthening the Changsha market, expanding in Hunan Province, consolidating its presence in county-level markets, excelling in the Guangzhou market, and optimizing its subsidiaries. Bank of Changsha aims to become a leading modern ecological bank in the region.

Headquarters
Block B, Kailin Business Center, No. 53, Binjiang Road, Yuelu District, Changsha City, Hunan Province
Changsha; Hunan; Postal Code: 410205

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Website: http://www.bankofchangsha.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 18, 1997
Key Executives
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Director
Ownership Details
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16.82%
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6.56%
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5.69%
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4.92%
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4.38%
Subsidiaries
Qiyang Rural Bank Co., Ltd.
62.14%
Hunan Changyin 58 Consumer Finance Co., Ltd.
51%
Xiangxi Changxing Rural Bank Co., Ltd.
51%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Total operating revenue
21.92%
Operating profit (EBIT)
3.85%
Net Profit (Loss) for the Period
3.45%
Total assets
10.37%
Total equity
16.97%
Return on Equity (ROE)
-1.06%

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