What kind of bank is Suzhou Bank?
Suzhou Bank is a city commercial bank. Suzhou Bank, Suzhou Bank Co., Ltd., was established on February 24, 2004 and its headquarters is located in Suzhou City, Jiangsu Province. The main businesses of Suzhou Bank Co., Ltd. are corporate business, personal business, capital business and other businesses. The main products are quick customer loan, credit guarantee loan, photovoltaic loan, three-board connection and factory connection. Suzhou Bank Co., Ltd. was listed on Shenzhen Stock Exchange on August 2, 20 19. The lead underwriter and listing sponsor are soochow securities Co., Ltd. Suzhou Bank Co., Ltd., Suzhou Bank Co., Ltd., formerly known as Jiangsu Wudong Rural Commercial Bank Co., Ltd. Shareholders: Suzhou International Development Group Co., Ltd., Zhangjiagang Hongda Transportation Co., Ltd., Suzhou Industrial Park Economic Development Co., Ltd., Bosideng Co., Ltd., Hongsheng Group Co., Ltd., Jiangsu Wuzhong Group Co., Ltd., Suzhou Bank Co., Ltd. won the "20 1 7 Top 100 Demonstration Units of National Banking Service Civilization and Standardization, 20 16 China Financial Technology Innovation Award, 20 16 Third Prize of Supervision and Statistics, and Top 10 Support of Bank of beautiful countryside. 20 1 1 03 17 The regulatory subordination of Suzhou Bank Co., Ltd. was adjusted from the regulatory sequence of rural small and medium-sized financial institutions to the regulatory sequence of small and medium-sized commercial banks. [Extended Information] Banks are legally established financial institutions engaged in monetary and credit business, and they are the product of the development of commodity monetary economy to a certain stage. Banks are one of the financial institutions. Banks are divided into central banks, policy banks, commercial banks, investment banks and the World Bank. Their duties are different. The emergence and development of banks are related to the development of monetary commodity economy, and the currency exchange industry in pre-capitalist society is the basis for the formation of banking industry. At first, the money exchange industry only engaged in coin exchange business, and later kept money and collected cash on behalf of businessmen. In this way, a large number of monetary funds gradually gathered in the hands of money changers. When money changers engage in lending business, money changers become banks. The earliest banking industry originated from the currency exchange industry in ancient western Europe. At first, money changers only exchanged money for businessmen. Later, it developed into keeping money for merchants, receiving and paying cash, and handling settlement and remittance, but without paying interest, charging storage fees and handling fees. With the development of industry and commerce, the business of money changers has further developed, and they have gathered a lot of funds. In order to earn more profits, money changers use accumulated money to issue loans to obtain interest, and money changers develop into banks.