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Bank Of Zhengzhou Co.,Ltd. (China)

Main Activities: Commercial Banking
Full name: Bank Of Zhengzhou 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 Zhengzhou Co., Ltd. is a Chinese bank located in Zhengzhou. It was established in 1996 and became the first A-share listed bank in Henan Province in 2015. In 2018, it also listed in Hong Kong and Shenzhen, becoming the first A+H listed city commercial bank in China. In April 2022, Bank of Zhengzhou was designated as the main bank for policy-oriented scientific and technological innovation finance operations in Henan Province by the provincial party committee and government. The bank's strategic vision is to be a leading bank in high-quality development. It focuses on characteristic and differentiated development and has established three main business positions: "trade and logistics bank, financial service expert for small and medium-sized enterprises, and boutique citizen bank." Bank of Zhengzhou actively promotes retail "four new finance" (including scientific and technological innovation finance, micro and small enterprise park finance, rural finance, and citizen finance) and links it with commercial "five cloud" trade finance, implementing the "54 strategy" with the full strength of the bank. As of the end of December 2022, Bank of Zhengzhou has 5,888 employees and 181 branches in the province, including 14 branches in prefecture-level cities. It also manages 7 rural banks and 1 financial leasing company. The bank's total assets amount to CNY 591.514 billion, with total loans of CNY 330.921 billion and total deposits of CNY 337.708 billion. In 2022, it achieved operating income of CNY 15.101 billion. Bank of Zhengzhou ranks 184th in the "2022 Global Bank 1000" list, 236th in the "2022 Global Bank Brand Value 500" list, and 44th in the "2022 Top 100 Chinese Banks" list. It also ranks 11th among city commercial banks in the comprehensive evaluation of the "Gyro" evaluation system for stable development capabilities in 2022. In recent years, Bank of Zhengzhou has actively integrated into major strategic layouts and focused on serving the high-quality development of Henan Province and supporting the development of the real economy and local economy. It has supported various strategic deployments such as the construction of the Central Plains Urban Agglomeration and the ecological protection and high-quality development of the Yellow River Basin. The bank has provided significant support to national strategic projects and key projects, as well as a large number of physical enterprises. Since 2022, Bank of Zhengzhou has implemented measures to stabilize the economy in accordance with the national and provincial strategic deployments. It has formulated 27 measures in 8 aspects to stabilize the economy and introduced 18 measures for long-term mechanisms to support micro and small enterprises. The bank has also launched 12 new financial services measures for citizens and actively supported the "building guarantee" special action. It has provided credit funds to enterprises with controllable risks, continuously improved the financial service system, and made every effort to support the continuous improvement of Henan's economy. Currently, Bank of Zhengzhou is actively aligning with national and provincial strategic deployments, focusing on the "two guarantees" and integrating into the "ten major strategies." It adheres to its characteristic business positioning of "trade and logistics bank, financial service expert for small and medium-sized enterprises, and boutique citizen bank." With the strategic vision of being a leading bank in high-quality development, Bank of Zhengzhou prioritizes policy-oriented scientific and technological innovation finance and strives to become a first-class bank in this field. The bank aims to enhance its financial service level, inject continuous "financial vitality" into the real economy and the stable economy, and make new contributions to the modernization of Henan Province and the construction of Zhengzhou as a national central city.

Headquarters
No. 22, Business Outer Ring Road, Zhengdong New District, Zhengzhou City, Henan Province
Zhengzhou; Henan; Postal Code: 450018

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Website: http://www.zzbank.cn

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:
November 16, 1996
Key Executives
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Chairman
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Vice President
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Vice President
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Vice President
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Representative of Securities Affairs
Ownership Details
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22.22%
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7.23%
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6.69%
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4.24%
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3.84%
Subsidiaries
Xinmi Zhengyin Rural Bank Co., Ltd.
51.2%
Henan Jiuding Financial Leasing Co., Ltd.
51%
Jun County Zhengyin Village 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
-1.29%
Operating profit (EBIT)
-23.38%
Net Profit (Loss) for the Period
-19.65%
Total assets
7.17%
Total equity
2.17%
Return on Equity (ROE)
-1.09%

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