Bank of Jiangsu Co., Ltd., a well-known local commercial bank and listed company, has created a new model of local corporate banking reform, and it is a modern joint-stock commercial bank formed by the merger and reorganization of 10 urban commercial banks in Jiangsu Province
Bank of Jiangsu is a modern joint-stock commercial bank formed by merging and reorganizing 10 city commercial banks in Jiangsu Province, including Wuxi, Suzhou and Nantong, and has created a new model of local corporate banking reform. Bank of Jiangsu was officially opened on January 24, 2007 and is the largest corporate bank in Jiangsu Province.
Adhering to the mission of "creating a better life" and guided by the corporate culture of "integration and innovation, pragmatic and responsible, and lean growth", Bank of Jiangsu is committed to building a first-class commercial bank with "characteristics, intelligence, integration and internationalization", and has grown into a modern joint-stock bank with strong comprehensive strength and market competitiveness. As of the end of 2016, the total assets amounted to 1,598.3 billion yuan, the total deposits reached 907.4 billion yuan, and the total loans reached 649.4 billion yuan.
Bank of Jiangsu has 13 branches in the province and 4 branches outside the province, and its service network radiates to the three major economic circles of the Yangtze River Delta, the Pearl River Delta and the Bohai Rim, realizing full coverage of counties in the province. There are 541 business outlets and 14,000 employees. Initiated the establishment of Suyin Financial Leasing Company and Danyang Baode Village Bank. On August 2, 2016, Bank of Jiangsu was successfully listed on the Shanghai Stock Exchange in its initial public offering of A-shares, stock code 600919.
The development of Bank of Jiangsu has been affirmed by all sectors of society, and has won many honorary titles such as "Excellent Enterprise in Jiangsu Province" by the Jiangsu Provincial Party Committee and Provincial Government, "Advanced Unit of Financial Services for Small and Micro Enterprises of National Banking Financial Institutions" by the China Banking Regulatory Commission, and "The Most Competitive Small and Medium-sized Bank" by the Financial Times. In the 2016 ranking of the world's top 1000 banks by The Banker magazine, it ranked 126th in terms of Tier 1 capital, making it one of the fastest improving banks in China. It was rated as the best city commercial bank in China by Global Finance magazine in the United States.
Bank of Jiangsu Asset Custody Department was established in June 2013, in August 2015 officially set up as a first-level department of the head office, and on June 23, 2014 and December 26, 2014 were approved securities investment fund and insurance fund custody qualifications, the current department consists of business marketing, operation management, risk management three teams. Since the full commencement of business, the department has closely focused on the strategic planning of the bank's custody business development, adhered to the business philosophy of "customer-centric, service-oriented", continuously improved the custody business system, comprehensively built the bank's asset custody system, and continuously launched innovative business products such as "bank stabilization plan" and "financial easy management". By the end of 2015, the asset custody scale of Bank of Jiangsu had exceeded the trillion mark, and the income exceeded 100 million yuan.
