Hangzhou United Rural Commercial Bank Co., Ltd., referred to as "Hangzhou United Bank" for short, is a joint-stock banking financial institution which is reformed from Hangzhou United Rural Cooperative Bank and serves agriculture, countryside, farmers, communities, small and medium-sized enterprises and local economy. It has a registered capital of131200 million yuan and was established on 201.
By the end of June, 20 12, the total assets of the bank had reached1/kloc-0.04 billion yuan, the balance of deposits was 69.6 billion yuan, the balance of loans was 50/kloc-0.2 billion yuan, and the owners' equity was 8.6 billion yuan. In the ranking of comprehensive competitiveness of national rural cooperative banks published by Banker magazine in 2009 and 20 10, Hangzhou United Bank ranked first for two consecutive years.
In recent years, while various businesses have made great progress, the comprehensive competitiveness and social influence of Hangzhou United Bank are also constantly improving.
In July 2006, Hangzhou United Bank signed a strategic cooperation agreement with Dutch cooperative bank and International Finance Corporation, becoming the first rural financial institution in China to introduce foreign shareholders.
In May 2008, Hangzhou United Bank, as the main sponsor, invested 80 million yuan to establish Changxing United Village Bank, the first village bank in Zhejiang Province. Later, it initiated the establishment of Jiashan, Yueqing, Changshan and Wenling joint village banks, and devoted itself to the "three rural" services with a brand-new attitude.
In August 2009, it successfully issued 800 million yuan of subordinated bonds, becoming the first rural cooperative financial institution in China to publicly issue subordinated bonds, and its own capital strength was further enhanced.
20 10- 1 became a shareholder in Chengdu Rural Commercial Bank Co., Ltd. and accumulated experience in capital operation. On June 20 10, Haining Sub-branch, the first branch of Hangzhou United Bank, officially opened, followed by Anji Sub-branch and Xiaoshan Sub-branch, and the service space continued to expand.
20111February, Xinjiang Aksu Branch of Hangzhou United Bank successfully opened, which sounded the clarion call of Zhejiang's financial aid to Xinjiang and took a key step in inter-provincial operation.