Changsha Bank was established in May 1997, initiated by the original shareholders of Changsha Finance Bureau, Changsha Kaifu Finance Bureau, Changsha Furong Finance Bureau, Changsha Tianxin Finance Bureau, Hunan Post and Telecommunications Administration, Changsha Xinda Industrial Co., Ltd., Changsha Commercial Corporation, fourteen former urban credit cooperatives and urban union. In 2008, it was renamed Changsha Bank, which is the first regional joint-stock commercial bank and the largest corporate financial enterprise in Hunan Province.
By the end of 2020, Shayin's total assets were 650.479 billion yuan, with good asset quality and various regulatory indicators meeting regulatory requirements. In recent years, Shayin's brand influence has been continuously improved, and it has jumped to the top 500 global banks and the top 500 service industries in China, ranking 273rd in "Top 20 1000 Global Banks" and 2nd19th in "Top 500 Service Enterprises in China".