Bank of Ningbo Co., Ltd. Overview
Pro stress-test →Bank of Ningbo is the fifth largest city commercial bank in China by total assets, operating through Corporate Banking, Personal Banking, Capital Banking, and Other Banking segments. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank is headquartered in Ningbo, a vice provincial city in Zhejiang province.
Strategic Profile
Pro stress-test →Bank of Ningbo boasts some of the best profitability metrics among peers and above-peers growth over the past decade, due to a differentiated business strategy and extensive branch network in the most affluent areas in China. The bank has differentiated positioning in SME and nonmortgage retail loan business, with 16 branches across Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province.
Competitive Landscape
Pro stress-test →Bank of Ningbo ranks as the fifth largest city commercial bank in China. Key competitors include state-owned banks (Agricultural Bank of China, China Construction Bank), other city commercial banks, and regional players. The bank differentiates through its focus on SME lending and nonmortgage retail products in affluent coastal regions.
Industry Context
Bank of Ningbo Co., Ltd. operates in Banking & Financial Services - City Commercial Banks.
Key facts
Founded: 1997 · Headquarters: Ningbo, China