China guangfa bank was established on 1988, and became a member of China life group on 20 16. Is a state-owned national joint-stock commercial bank.
1. Party building leads development. Taking the establishment of the new Party Committee as an opportunity, we will strengthen the Party's leadership in an all-round way, continue to focus on the overall situation of development, gather strength in the mainstream market, adhere to the steady improvement of scale efficiency, and optimize the quality structure simultaneously, with a strong and upward development momentum. In 2020, the total assets exceeded 3 trillion yuan, and the average compound growth rate of total assets, operating income and net profit in the past four years ranked in the forefront of the joint-stock industry.
2. Shareholders have obvious advantages. The major shareholders, such as China Life Insurance, CITIC Trust, State Grid Ying Da, Jiangxi Jiaotou and AVIC Investment, are all large state-owned enterprises, which have given great support to the governance structure, leadership and business coordination of Guangfa Bank. Relying on China Life Insurance, the single largest shareholder, Guangfa Bank cooperates with the insurance and investment sectors to provide customers with high-quality, efficient, all-round and one-stop comprehensive financial services.
3. The organization covers a wide range. Headquartered in Guangzhou, the central city of Greater Bay Area, it is the only national joint-stock bank in the "9+2" city of Greater Bay Area. It has established 48 directly affiliated branches and 936 business institutions in 26 provinces (municipalities and autonomous regions) and Hong Kong and Macao. Innovative genes are profound. As one of the earliest joint-stock commercial banks in China, adhering to the spirit of "being the first in the world", Guangfa Bank has profound innovation genes, including issuing the first domestic standard credit card, the first short-term financing voucher for small and medium-sized enterprises, and the first bank certified by the new ISO900 1 standard.
4. Clear business positioning. Highlight retail, leap over to the overall comprehensive advantages of "big retail", and focus on developing credit cards, consumer credit and wealth management. Strengthening corporate governance, changing from high capital consumption to light capital mode, optimizing business structure and improving customers' comprehensive income have become the "booster" for improving the efficiency of the whole bank. Be an excellent peer, create characteristics, provide strong support for transformation and development, and become the profit growth pole of the whole bank.