Weihai Bank, founded in 1997, is the only city commercial bank in Shandong Province that has achieved full coverage of 16 city outlets. It has independent legal person qualification and independent financial accounting ability, and is subject to the supervision of China Banking Regulatory Commission. Weihai Bank has a sound corporate governance structure and risk management system, as well as advanced information systems and high-quality financial services. So it can be confirmed that Weihai Bank is a regular bank.
Since its establishment, with the correct leadership and strong support of Party committees and governments at all levels, supervision departments at all levels and Shandong Expressway Group, the whole bank has firmly grasped the two major themes of operation and development, persisted in innovating in reform, breaking through in innovation, developing in breakthrough and surpassing in development, and achieved breakthroughs again and again in terms of equity structure, expanding county development space, setting up branches across regions and disposing of non-performing assets, creating many firsts.