Bank of Ningbo's subsidiaries are mainly divided into finance companies, trust companies, asset management companies and insurance companies, as follows:
1. Bank of Ningbo financial leasing co., ltd: established on 20 15, it is a financial company under the Bank of Ningbo, mainly providing financial leasing services.
2. Ningbo Trust Co., Ltd.: Established in 2003, it is a holding subsidiary of Bank of Ningbo, mainly providing trust business.
3. Zhejiang Ningbo Asset Management Company: Established in 2005, it is a wholly-owned subsidiary of Bank of Ningbo, mainly engaged in the disposal of non-performing assets.
4. Bank of Ningbo Property Insurance Co., Ltd.: Established on 20 13, it is a wholly-owned subsidiary of Bank of Ningbo, mainly providing property insurance services. In addition to the above subsidiaries, Bank of Ningbo has other subsidiaries, such as Shenyang Branch of Bank of Ningbo and Beijing Branch of Bank of Ningbo.