In 2022, the People's Bank of China benchmark interest rate (%) for Shanxi Bank's time deposit lump sum deposits is as follows: 3 months: 1.1; 6 months: 1.3; 1 year: 1.5; 2 years: 2.1; 3 years: 2.75.
Approved by the Bank of China, Shanxi Bank was established in April 2021. It is a bank with excellent governance and strict internal control established through a new merger based on the original Datong Bank, Changzhi Bank, Jincheng Bank, Jinzhong Bank, and Yangquan Commercial Bank.
, a provincial-level legal person city commercial bank with safe operations, good services and benefits, and core competitiveness.
As a modern regional city commercial bank, Shanxi Bank adheres to the overall ideas and requirements of the Shanxi Provincial Party Committee’s “Four for Four Highs and Two Synchronizations”, continues to improve development plans, improve corporate governance, and innovate service models. All businesses have developed steadily, and operations and management have been stable.
The level continues to improve, and the comprehensive strength gradually increases.
Adhering to the core values ??of "Serving the Public, Honest Trust, Justice and Benefit, and Perfect Integration", focusing on the market positioning of "serving the local economy, serving small and medium-sized enterprises, and serving urban and rural residents", we are rooted in the local area, focus on the main business, and strive to support the economic and social development of Shanxi
We will actively cultivate small and medium-sized enterprises with regional characteristics and representative of advanced productivity directions in key fields, important projects and weak links, and use professional and comprehensive financial services to promote residents' consumption upgrade and improvement of their quality of life.
On April 2, 2021, the official website of the China Banking and Insurance Regulatory Commission issued the "Approval on the Preparation for the Establishment of Shanxi Bank Co., Ltd.", agreeing to the merger and reorganization of Datong Bank, Changzhi Bank, Jincheng Bank, Jinzhong Bank, and Yangquan Commercial Bank to establish Shanxi Bank, bank category
It is a city commercial bank, and its shareholder qualifications are approved by the Shanxi Banking and Insurance Regulatory Bureau in accordance with relevant laws and regulations.
On March 31, 2021, the aforementioned five bank banks announced simultaneously that the founding meeting and first shareholders meeting of Shanxi Bank will be held on April 15, 2021, at which time the meeting will review the preparatory work report of Shanxi Bank and the expense report during the preparation period.
As well as 13 proposals including the election of members of the bank’s first board of directors and supervisors.
On April 28, 2021, Shanxi Bank Co., Ltd. held an unveiling ceremony in Taiyuan.
It is reported that after the opening of Shanxi Bank, the legal person qualifications of Datong Bank, Changzhi Bank, Jincheng Bank, Jinzhong Bank and Yangquan Commercial Bank will automatically terminate, and all their assets, claims, debts, businesses and personnel will be inherited by Shanxi Bank.
The names of 324 institutions including Datong Bank will be uniformly changed. Shanxi Bank will inherit the basic derivatives trading business, credit asset securitization business, business card issuance business, and foreign exchange business qualifications that Datong Bank, Jincheng Bank, and Jinzhong Bank have obtained.