This bank is positioned as a city commercial bank, and its business scope is only in Inner Mongolia Autonomous Region, mainly serving the economic and social development of Inner Mongolia.
Baoshang Bank Co., Ltd. (hereinafter referred to as Baoshang Bank) is the earliest joint-stock commercial bank in Inner Mongolia Autonomous Region. It was established with the approval of the People's Bank of China on February 28th, 1998. Its predecessor is Baotou City Commercial Bank, and its headquarters is located in Baotou City.
The Bank was taken over by the People's Bank of China, China Banking and Insurance Regulatory Commission and relevant parties on May 20 19, and officially opened to the outside world in the name of Shang Meng Bank on May 25, 2020.
Enterprise characteristics
Baoshang bank
Small business credit business. In 2005, Baoshang Bank took the lead in introducing international advanced credit technology and successful experience for small and micro enterprises, and launched credit business for small and micro enterprises in 9 branches in Baotou, Hohhot, Chifeng, Tongliao, Bayannaoer, Ordos, Wulanchabu, Xilingol, Hulunbeier and Xing 'an League, as well as 4 branches and 92 outlets outside Ningbo, Shenzhen, Chengdu and Beijing.
As a worldwide problem, small business loans are hard to be known. One of the difficulties is that the customer has no mortgage guarantee. Second, there are no financial statements. Third, customer management is not standardized. Fourth, the loan cost is high and banks are unwilling to do it.
However, Baoshang Bank firmly believes that there are no customers who do not repay, only banks that do not do well; I firmly believe that if I can't change others, I will change myself. Abandon the traditional concept of loan, do not mortgage, do not read statements, focus on financial analysis, loan speed is fast, loan threshold is low, and serve the self-employed and small enterprises in a down-to-earth manner like farmers farming. Baoshang Bank is ambitious, starting from "small" and focusing on "small" development and transformation road, which proves that the achievement lies in characteristics.
Product service
Micro-enterprise loan
Product introduction
The loan amount ranges from 3,000 yuan to 3 million yuan, and the monthly interest rate is 12- 15‰. Interest is calculated according to the loan balance, and there are no other intermediate expenses except interest. The repayment method is flexible, such as equal (or unequal) monthly repayment, quarterly repayment of principal and monthly interest, and other loan terms can range from three months to two years. The guarantee method is flexible and diverse, and personal guarantee is enough; Small loans only need mortgage, and the procedures are simple. Customers only need to bring their ID cards and business licenses to apply for loans. Loan decision-making is fast and efficient, and it usually takes only 3-7 working days to complete.
Loan process
Submit loan application and related documents.
Cooperate with the loan officer to complete the loan investigation.
Sign contracts and loans at banks.
Customer and loan purpose
The small business loan of Baoshang Bank is dedicated to solving the financing problem of small and medium-sized enterprises and providing financial support for individual industrial and commercial households and small enterprises with capital needs. The service targets mainly involve small enterprises and individual industrial and commercial households with various forms of ownership and organization in all walks of life, such as commodity trade, processing and manufacturing, logistics and transportation, catering and entertainment, IT and information industry, service industry, culture and sports, and rental farming.