Introduction of Shengjing Bank (中文)
Shengjing Bank is the first bank to set up its headquarter in Shenyang city, as well as the earliest established, the largest and the most powerful city commercial bank in Northeast area. Its predecessor Shenyang City Commercial Bank originally developed step by step from Shenyang City Credit Cooperative, Shenyang Cooperative Bank, Shenyang City Cooperative Bank. After having experienced integrated development, reform and innovation, transformation and reorganization, Shenyang City Commercial Bank successfully changed its name to Shengjing Bank in 2007. In August, 2007, with the opening of Tianjin Branch, Shengjing Bank has become the third city commercial bank which is qualified to set up branches nationwide after Shanghai Bank and Beijing Bank.
Nowadays, Shengjing Bank has become an excellent commercial bank with full-featured business, strict internal control and perfect corporate governance structure. By the end of December of 2008, Shengjing Bank’s total asset has reached 113.48 billion yuan; the deposit balance was 87.35 billion yuan; the non-performing loan ratio was 1.57%; the capital adequacy ratio was 13.98 %; the bank’s total profit amounted to 2.006 billion yuan. The integrated operating strength of Shengjing Bank ranks the first among the northeast city banks and is one of the best among all the nationwide city banks.
Firmly grasping the strategic opportunities of northeast revitalization, Shengjing Bank initiated its reorganization from 2003. Through reform and innovation, Shengjing Bank has succeeded in reorganization, which inspired the vitality of enterprise, and enhanced the development potential. In the meantime, we established “ten-words” enterprise culture —“integrity, affinity, aggressiveness, dedication, devotion”, proposed market orientation of “citizen’s bank, local bank”, and confirmed the development direction of serving for small and medium-sized enterprises and supporting the local economy. Shengjing Bank makes close connection between its development and civilian’s daily life. By virtue of high technology, we have introduced services of agency collection, payment and money management. Therein, the service of agency collection is matchless across Liaoshen Area. In recent years, the "Rose card" and credit card issued by Shengjing bank have prospered vigorously. During 10 years, the volume and the balance of the “Rose card” ranks first among the city banks in Liaoning. Up to December, 2008, there are 29 countries and areas which provide the service of UnionPay cards in addition to the Citigroup’s ATM network of 37 countries and areas. The bank is always taking the responsibility of backing up local economic development. In recent 5 years, we have put credit funds of 140 billion yuan into the local infrastructure construction, state-owned enterprises restructure, the development of equipment manufacturing industry and other important items. Meanwhile, our bank provides financial services for small and medium-sized enterprises, actively and effectively, trying our best to create long-term mechanism to support their development, and makes outstanding contributions to revitalize the northeast old industrial base.
Through the reform and development, Shengjing Bank has formed the institution system and service network, based in Shenyang, across Liaoning and to the whole nation. There are nearly one hundred business outlets across downtown and suburb counties nearby. Besides, we have made effective financial resources integration through the successful alliance of capital and service with other city banks in Liaoning. Moreover, with the success in operating the first out-port branch—Tianjin Branch, Shengjing Bank has gathered the experience of service network construction in the economically developed areas across China.
In the future, Shengjing Bank will provide customers with comprehensive financial services of high quality, continually increase the market share and strengthen core-competitiveness. We are always trying to be a modern joint-stock commercial bank with abundant capital, diversified service structure, outstanding profits, strict internal control, perfect corporate governance and best services.
