Weizhong Bank was founded by famous private enterprises such as Tencent, Baiyeyuan and Liye Group. Headquartered in Shenzhen, Guangdong Province, approved by the regulatory authorities on 20 14 and 12, it is the first private bank and internet bank in China.
What company is Weizhong Bank under? What is the relationship between Weizhong Bank and WeChat?
In recent years, with the development of the Internet, mobile payments such as Alipay and WeChat have entered people's lives, and Internet banks have gradually developed, among which Weizhong Bank is a well-known Internet bank. So, what kind of company is Weizhong Bank?
In recent years, with the development of the Internet, mobile payments such as Alipay and WeChat have entered people's lives, and Internet banks have gradually developed, among which Weizhong Bank is a well-known Internet bank. So, what kind of company is Weizhong Bank?
Weizhong Bank was founded by famous private enterprises such as Tencent, Baiyeyuan and Liye Group. Headquartered in Shenzhen, Guangdong Province, approved by the regulatory authorities on 20 14 and 12, it is the first private bank and internet bank in China.
2065438+In mid-May, 2005, Weizhong Bank launched the inclusive finance loan product "Micro-loan".
From April 20th,18th, 1 1 day, the daily limit for in-app transfer or purchase of wealth management of Weizhong Bank was reduced to 10000 yuan.
On June, 2065438 1 1, Weizhong Bank was selected as "20 19 Forbes China Most Innovative Enterprises List".
On June 9, 2020, 65,438, Hurun Research Institute released "20 19 Hurun Top 500 Private Enterprises in China", and Weizhong Bank ranked 36th with a market value of150 billion yuan.
In August 2020, the 2020 Hurun Global Unicorn List of Suzhou High-tech Zone was released in Hurun Research Institute, ranking 1 1, with a value of150 billion yuan.
Weizhong Bank has a registered capital of 3 billion yuan, and its main sponsors are Tencent, Baiyeyuan and Liye. Among them, Tencent subscribed for 30% of the bank's total share capital and became the largest shareholder.
From 20 17 to 20 19, Weizhong Bank earned 6.748 billion yuan, 10029 billion yuan and 1487 billion yuan respectively, and its net profit was 1448 billion yuan, 2.474 billion yuan and 3.97 billion yuan respectively.
It is worth noting that the credit impairment losses recorded by Weizhong Bank increased sharply from 2.59 billion yuan in 20 18 to 5.52 billion yuan, with an increase of 1 12.74%, far exceeding the total credit impairment losses in 20 17 and 20 18. Its non-performing loan ratio also increased from 0.5 1% at the end of 20 18 to 1.24% at the end of 20 19, an increase of 0.73 percentage points. This index was 0.64% at the end of 20 17.
In terms of asset quality indicators, Weizhong Bank's provision coverage ratio at the end of 20 19 was 444.3 1%, compared with 848.05438+0% in the same period last year. From the profit index, the total assets of Weizhong Bank in 20 19 further decreased to 1.55%, down by 0.09 percentage point year-on-year, while the total assets in 20 17 years were 2. 17%.