Another township bank established
- Details
- Category: Ningbo News
- Published: Tuesday, 27 August 2013 09:10
Recently, Haishu Pudong Development Township Bank has opened to the public, increasing the number of township banks in Ningbo to 12.
Haishu Pudong Development Township Bank is mainly sponsored by Shanghai Pudong Development Bank, and other co-founders include Liangfeng Share-holding Economic Cooperative in Haishu District, and Ningbo GQY. The registered capital stands at 100 million yuan. The Pudong Development Bank holds 51% of the shares and other corporate legal persons, 49%.
The bank, based on Haishu District, will provide services to SMEs, private businesses and residents in urban and rural areas, with the strategy of differentiated competition.