Introduction Of NBCB

Founded on 10 April 1997, Bank of Ningbo became the first listed city commercial bank of Shenzhen Stock Exchange in China on 19 July 2007. 

Bank of Ningbo has set up 16 branches outside Ningbo district in the cities of Shanghai, Beijing, Shenzhen, Hangzhou, Nanjing, Suzhou, Wuxi, Wenzhou, Jinhua, Shaoxing, Taizhou, Jiaxing, Lishui,Huzhou, Quzhou and Zhoushan with an overall 466 banking offices. Bank of Ningbo also successfully set up Maxwealth Fund Management Co., Ltd. in November 2013; Maxwealth Financial Leasing Co., Ltd., the wholly-owned subsidiary of Bank of Ningbo was officially opened in May 2015; and in December 2019, Ningyin Finance Co., Ltd., the wholly-owned subsidiary of Bank of Ningbo was officially opened.

After 25 years' growth since its establishment, along with the rapid growth of Chinese economy and the strong support from its customers and all sectors of society, Bank of Ningbo has achieved substantial development. The Bank has developed into a public listed regional bank with total net capital of over RMB 210 billion, total asset of over RMB 2,200 billion, and more than 24,000 employees, ranking 103rd?among the world's banks. 


Benefited from the trust and support of our customers, Bank of Ningbo has achieved substantial development in various business lines since it was founded. According to the 2022 First Quarter Report, up to the end of March, 2022, Bank of Ningbo had a total asset of RMB 2,219.192 billion, deposits of RMB 1,298.669 billion and loans of RMB 929.914 billion, realizing a net profit of RMB 5.720 billion that belongs to the shareholders of the parent company.

By the end of March, 2022, the capital adequacy ratio of Bank of Ningbo was 14.92%, with the adequacy ratios of tier I capital and Core tier I capital reached 10.98% and 9.93% respectively. 


Adhering to the risk philosophy of “Controlling risk is reducing cost”, the bank-wide comprehensive, all-employee and full-process risk management framework has been consistently improved, and its risk management capacities have been enhanced continuously.

The risk management capabilities of Bank of Ningbo proved to be effective and successful, evidenced from the stable performance achieved during the recent challenging period in its major operating regions, which are under economic restructure and digestion of over capacity. The Bank of Ningbo kept an NPL ratio of 0.77% in the end of March, 2022, continuing to keep the lower level among inter-bank. 


In recent years,the management capabilities and business prospect of Bank of Ningbo have been widely recognized by regulators and the industry.

According to Moody's, the globally famous rating institution's newest rating on the long-term deposit rating of Bank of Ningbo, which is Baa2 with ba1 basic credit rating, which is almost equal to the outstanding national joint-stock commercial bank in the country.

Bank of Ningbo has been ranked as the top-grade city commercial bank according to comprehensive assessment by CBRC for many times.

It ranked the 103rd?globally in terms of Tier-1 Capital among “Top 1,000 World Banks, 2021” by The Banker, moving up 7 places since the previous year.

The Bank ranked 76th?globally in “The Top 500 Banking Brands, 2022" by The Banker.

The Bank was awarded as the Best City Commercial Bank in China for a number of times by The Chinese Banker, Sina Finance and other professional external institutes. 


As a listed bank, Bank of Ningbo has a complete set of management information disclosure process and mechanism to ensure that the bank’s operation status are fully, timely and accurately provided and disclosed.

Firstly, Bank of Ningbo discloses timely, accurate and complete information to ensure that shareholders and the public are kept abreast of the Bank’s operating status.

Secondly, Bank of Ningbo provides immediate and transparent information for any important change in business, fluctuation in performance and large amount of legal issue involved.

Thirdly, the Bank’s external and independent Auditor, Ernst & Young, carries out diligent audit on the Bank’s annual reports to ensure the integrity and accuracy of the information disclosed.

In recent years, by practicing accurate and timely information disclosure, Bank of Ningbo is recognized as a trustworthy bank with excellent reputation, and was shortlisted as “Most Socially Responsible Financial Institution”, “Best Listed SME Company” and “Listed Company with the Greatest Growth Potential” by external authorities consistently. 


The top two shareholders of Bank of Ningbo are Ningbo Municipal Government and OCBC Bank, holding shares of 20% each. Both shareholders have always been very supportive for the development of the Bank.

Ningbo Development Investment Group Co., Ltd., representing the local government hold 18.74% of shares of Bank of Ningbo. Furthermore, Ningxing (Ningbo) Asset Management Co., Ltd., as person acting in concert to represent the local government, holds another 1.29% of the shares, which makes Ningbo Municipal Government holds 20.03% of the shares in total.

OCBC Bank is the second largest financial services group in Southeast Asia. Being one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Since becoming a strategic partner of Bank of Ningbo in 2006, OCBC Bank has provided tremendous efforts and support to Bank of Ningbo on international leading banking practice to enhance business development and process, risk management, system development, talent training and etc.

Thanks to the strong operating performance and robust risk management capability of Bank of Ningbo, both Ningbo Municipal Government and OCBC Bank are very positive with the potential growth of the Bank, and have injected capital investment to Bank of Ningbo continuously. 


Bank of Ningbo has a professional, dedicated, energetic, stable and cooperative senior management team.

The senior management team members are equipped with many years of experience and rich professional knowledge in financial services and banking management. They are stable and cooperated with each other perfectly for more than 10 years, which differentiates them to be one of the most stable teams in the industry and is beneficial to the implementation of the Bank’s long-term strategy. Although the average age of senior management members is only round 40, they have focused on the operation and management of banking for a long period. Besides, by closely interacting with OCBC Bank and other leading foreign banks, they have solid business knowledge and wide strategic vision, which will facilitate Bank of Ningbo to take the challenge of interest rate liberalization.

Through their endeavors to keep the Bank's development with China’s economic progress, the senior management team has led the Bank transforming into a bank with strong profitability, high capital adequacy, and low NPL ratio in China. 


Firmly adhering to the values that “Science and technology is the primary productive force”, Bank of Ningbo consistently increases its investment in science and technology systems, establishing certain advantages among its inter-banks. Bank of Ningbo continues to deepen the application system development, by establishing a business-driven, service-driven and customer-driven system framework, and establish six major science and technology platforms, which provide robust technology support for the Bank’s long-term growth. 


Adopting the core principle of “Focus on familiar market and familiar customers” and the main strategy to serve equivalent customer segment by satisfying customer needs on diversified and various financial services, Bank of Ningbo has developed twelve major profit centers, including Corporate Banking, Retail Banking, Wealth Management, Personal Banking, Personal Credit, Remote Banking, Credit Card, Investment Banking, Asset Custody, Notes, Financial Market and Asset Management; and in terms of subsidiaries, 3 profit centers have been formed, namely Maxwealth Fund, Maxwealth Financial Leasing and Ningyin Finance.

Corporate Banking: Dedicated to the upgrading of services items and customer experience, basing on business areas and relying on financial technology, with excellent cash management and trade financing products and thus to provide comprehensive and one-stop financial services for large and medium-sized enterprises.

SME Banking: Bank of Ningbo actively carries out the requirements of the national inclusive financial work, provides value-added services in both domestic and foreign currencies such as financing, settlement and cash management for small and micro-enterprises customers, and specializes in financing products such as quick examination and quick loan, SME loan, and transfer financing. With the help of technological enabling, Bank of Ningbo makes every effort to promote the establishment, growth and development of small and micro-enterprises customers.

Personal Banking: Bank of Ningbo targets to be first choice for financial services of individual customers, by providing high-quality customer service, consistently strengthening four primary business services in Savings Deposit, Consumer Loan, Wealth Management and gross settlement, and fine-tuning the three key brands of “Hui Tong Wealth”, “Bai Ling Tong” and “Xin Fu Bao”.

Financial Market: By optimizing profit structure and module and improving market status, Bank of Ningbo constantly innovates and enriches the product system, deepens the market-making business and opens up the space for inter-industry cooperation, strives to become the best partner of the small and medium-sized inter-industry financial market business, and builds a full-online electronic trading platform, covering three major areas of foreign exchange, interest rates and precious metals, forming a full-qualified, full-product and full-system three-dimensional business system, striving to become the most trusted partner of enterprises and individual customers, and realizing diversification of profit sources.

Credit Card: Implement steadily-developed business strategy, intensively manage the market segments and continuously strengthen the Internet gene of credit card products, business process and service items via continuously deepening financial technology construction and big data technology application to strive for achieving the ultimate performance of customer experience.

Notes: By focusing on high-quality customer service , fulfilling financial needs of SME, and diversifying interbank cooperation, Bank of Ningbo differentiates itself with abundant products and efficient business processes, and targets to be the first choice in discounted notes for corporate customers and discounting notes for interbank institutions.

Investment Banking: By actively playing the role of financial intermediary, building diversified financial services platform, innovating financial products and instruments for portfolios, and consolidating resources in both money market and capital market, the Bank is well qualified to provide integrated financial services in investment, financing and consultation to large and medium-sized strong enterprises.

Asset Custody: Committed to providing high-quality services in asset custody, capital settlement, evaluation and accounting, outsourcing service and the third party depository, Bank of Ningbo applies full electronic business process through the industry-leading custody internet banking and “Yi Tuo Guan” product, and strives to develop into the best asset custody institution in China.

Assets Management: As abide by the concept of providing professional wealth management service for individuals, corporate and financial institutions, the Company takes building a comprehensive and distinctive net value product system as its development direction, constantly upgrades the level of investment and research and the ability of risk control, with the help of diversified asset distribution, meets the increasingly individualized wealth management needs of customers, and devotes itself to becoming a banking financing subsidiary of "full products and full market".

With the support and care from customers, Bank of Ningbo is committed to growing the business and adhering to the core values of “Integrity, Dedication, Compliance, Efficiency, Teamwork and Innovation”. The Bank will make every effort to provide better and newer financial services with best customer experience, to become the best bank for customers and to evolve into a respectable modern commercial bank with high reputation and core competitive advantages. 


Add: No. 345, Ningdong Road, Ningbo, Zhejiang, China
Tel: 086-574-87050028
Post Code: 315042