About Us

Profile of China Bohai Bank 

China Bohai Bank (the “Bank”) is the first national joint-stock commercial bank founded with the approval of the State Council since 1996. It is also the first Chinese-funded commercial bank introducing overseas strategic investors at the establishment stage and the first national joint-stock commercial bank headquartered in Tianjin. The Bank was set up by its seven shareholders, namely, TEDA Investment Holding Co., Ltd., Standard Chartered Bank (Hong Kong) Limited, China Ocean Shipping (Group) Company, State Development & Investment Corporation, Baosteel Group Corporation, Tianjin Trust Co., Ltd. and Tianjin Shanghui Investment (Holding) Co., Ltd., with the total registered capital of RMB8.5 billion. The Bank was established on December 30, 2005 and was officially opened in February, 2006. As at December 31, 2013, the Bank had 14 tier-1 branches, 6 tier-2 branches and 77 sub-branches in 22 key cities nation-wide.

 

China Bohai Bank has been adhering to the philosophy of “prudent operation and sound development” ever since its establishment. It has clearly put forward the business strategy of “intensive operation, specialized management and integrated development”, continuously brought into play its advantages as a late comer and in internationalized development, as well as its policy advantages for the pilot program of comprehensive and coordinated reform in Binhai New Area, and fulfilled its objectives set in the First Five-Year Plan, showing sound momentum of continuous, healthy and rapid growth. In its Second Five-Year Plan, China Bohai Bank has been pursuing harmonious and coordinated growth in values of shareholders, customers, employees and society. It has also developed the long-term vision of building a modern bank with sound corporate governance, legal and regulatory compliance, distinct business features and excellent performance.

 

As at the end of 2013, the Bank's total assets and total liabilities amounted to RMB568,211 million and RMB544,014 million respectively, representing a respective increase of 20.36% and 20.28% over the beginning of the year. Net profit stood at RMB4,562 million, up by 36.63% over the previous year. NPL ratio stood at 0.26%. The Bank ranked 278th in overall strength among top 1000 world banks issued by The Banker, up by 21 places, ranked 74th in overall strength and 52nd in competitiveness among Asian banks in the Asian Banker Top 500, up by 44 and 14 places respectively and ranked 36th among Asian banks in comprehensive competitiveness at the 2013 Asian Finance Annual Conference. In addition, the Bank was granted the “2013 Innovation Award for Corporate Governance Model”, “2013 Best Bank in Wealth Management”, “2013 Best E-banking”, “2013 Most Promising Debit Card” and “2013 Best Mobile Banking” by 21st Century Business Herald, National Business Daily, Money Week and Investor's Business Daily.