Does Hongta Bank belong to a city commercial bank?

Belong to. According to the official announcement of Hongta Bank, Yunnan Hongta Bank Co., Ltd. is a city commercial bank directly managed by China Tobacco, and it was officially renamed on July 26th, 20th16th. Nanhongta Bank (formerly Yuxi City Commercial Bank Co., Ltd.), established on 200 1, is located in Yuxi City, Yunnan Province, and is an enterprise mainly engaged in monetary and financial services.