Bank of Nanjing was established on February 8, 1996 and is one of the earliest urban commercial banks.
Bank of Nanjing is a joint-stock commercial bank composed of state-owned shares, Chinese-funded legal person shares, foreign-owned shares and many individual shares. It implements a first-level legal person system.
It has successively established 7 branches in Taizhou, Shanghai, Wuxi, Beijing, Nantong, Hangzhou and Yangzhou, and has 60 business outlets in Nanjing area with more than 2,400 employees.
Bank of Nanjing adheres to the concept of "adhering to scientific development, highlighting pioneering development, and ensuring steady development", seizes market opportunities externally, and continuously improves management level internally. Its operating performance has increased significantly year after year, and has achieved leap-forward development.
In 2001, Bank of Nanjing absorbed investment from the International Finance Corporation (IFC).
In 2005, it signed a strategic alliance cooperation agreement with BNP Paribas.
In 2006, Bank of Nanjing acquired 18% of the shares of Rizhao Bank and became its largest shareholder.
In July 2007, Bank of Nanjing was successfully listed on the Shanghai Stock Exchange with the stock code (601009), becoming the first city commercial bank in the country to be listed on the Shanghai Stock Exchange.
In 2009, Bank of Nanjing invested in Jiangsu Financial Leasing Co., Ltd. to extend the field of financial services; it initiated the establishment of Yixing Yangxian Rural Bank and Kunshan Lucheng Rural Bank to get involved in rural finance.
In 2009, Bank of Nanjing ranked 366th in the annual list of the world's 1,000 largest banks released by the British "Banker" magazine.
In 2009, Bank of Nanjing ranked first in China and second in Asia in the "Asia Bank Competitiveness Ranking" with total assets below US$40 billion.
Development philosophy: adhere to scientific development; highlight the first development; ensure steady development.
Business overview: The business scope includes: absorbing public deposits; issuing short-term, medium-term and long-term loans; handling domestic settlements; handling bill acceptance and discounting; issuing financial bonds; agency issuance, redemption, and underwriting of government bonds; buying and selling government bonds and financial bonds;
Engaged in inter-bank lending; buying and selling foreign exchange as an agent; engaging in bank card business; providing letter of credit services and guarantees; acting as an agent for collection and payment and insurance; providing safe deposit box services; and other businesses approved by the China Banking Regulatory Commission.
Bank of Nanjing topped the list of outstanding ChinaBond valuation members in 2009 ----------------------------------
------------------------------------------------Central Government Bond Registration and Clearing Co., Ltd.
The responsible company recently announced the ranking list of outstanding ChinaBond valuation members in 2009, and our bank topped the list.
This ranking is based on a series of indicators to commend the top 20 ChinaBond yield curve valuation agencies that ranked cumulatively throughout 2009.
In addition to our bank, Bank of Communications, HSBC and China Guangfa Bank are also on the list.
Strategic cooperation between Bank of Nanjing and BNP Paribas------------------------------------------------
----------------------------------October 12, 2005, Bank of Nanjing and BNP Paribas Strategy
The cooperation and investment signing ceremony was held at the Nanjing Hilton Hotel.
Relevant leaders from the Nanjing Municipal People's Government, the People's Bank of China, and the China Banking Regulatory Commission, senior managers from the International Finance Corporation's East Asia and Pacific Bureau, and senior managers from Bank of Nanjing and BNP Paribas attended the signing ceremony.
Bank of Nanjing was established on February 6, 1996. In the past ten years since its establishment, Bank of Nanjing has accurately positioned itself in the market, and its business development has continuously reached new heights. It has achieved coordinated development of scale, quality and efficiency, and achieved improvements in asset scale, operating efficiency and management.
Various comprehensive indicators rank among the top among 113 domestic city commercial banks.
Bank of Nanjing is working hard to build a basic framework for the operation and management of modern commercial banks and strive to build Bank of Nanjing into a listed bank with a certain scale and strength and operating across regions.
BNP Paribas was formed by the merger of the former BNP Paribas and BNP Paribas. It is the largest bank in France.
According to the 2003 ranking of global banks by Global Finance Magazine, BNP Paribas ranked tenth among global banks.
BNP Paribas maintains its leading position in its core businesses of corporate and investment banking, asset management and financial services, and retail banking.
BNP Paribas has high hopes for its development in China and will accelerate its business development in China in the future.
With the active advocacy of the China Banking Regulatory Commission and the strong assistance of the International Finance Corporation, the Bank of Nanjing and BNP Paribas finally finalized their strategic cooperative relationship after more than a year of negotiations.
BNP Paribas will invest in Bank of Nanjing and hold approximately 19.2% of the shares, becoming the second largest shareholder; the investment will be carried out through share transfer. The International Finance Corporation will transfer 10% of the shares, and other Chinese shareholders will transfer 9.2%.
The price is 3.04 yuan per share. This will be the first time a French bank invests in the Chinese banking industry.
Closed in July! On the last trading day of July, the three major indexes of A shares rose collectively, and the Shanghai Composite Index stood at 3,300 points again,