What kind of bank is Xiamen National Gold and Silver Bank?

Xiamen International Bank is not a state-owned enterprise, but a Sino-foreign joint venture. Xiamen International Bank was established in August of 1985, mainly funded by Asian Development Bank, Xinsheng Bank, Industrial and Commercial Bank of China and Minxin Group. It is the first Sino-foreign joint venture commercial bank in China. Its business scope mainly includes deposit and loan, trade financing, foreign exchange financing and asset management.