Wenzhou Bank was established in199865438+February, and its predecessor, Wenzhou Commercial Bank, was formed by the integration of 29 urban credit cooperatives, 6 financial service institutions and 8 business outlets. The registered capital increased from 290 million yuan to 2.963 billion yuan through seven times of capital increase and share expansion and optimization of share capital structure. In 2007, it successfully changed its name and started cross-regional operation. It has set up different branches in 9 places including Shanghai, Hangzhou and Ningbo. Wenzhou has two branches under its jurisdiction, and now has 0/76 outlets (including the head office's business department), which has achieved full coverage of Wenzhou's local outlets and more than 3,300 employees, forming a cross-regional business development pattern of "based in Wenzhou, deploying in Zhejiang and marching into the Yangtze River Delta".