Guangzhou Rural Commercial Bank Co., Ltd. (1551.HK) HKSE

1.71

+0(+0.00%)

Updated at October 17 03:03PM

Currency In HKD

Guangzhou Rural Commercial Bank Co., Ltd.

Address

No. 9 Yingri Road

Guangzhou,

China

Phone

862028019324

Sector

Financial Services

Industry

Banks - Regional

Employees

12999

First IPO Date

June 20, 2017

Key Executives

NameTitlePayYear Born
Ms. Xiaoyun DengPresident & Executive Vice Chairlady1.1M1976
Mr. Jian CaiExecutive Chairman1.14M1973
Sunan HuangHead of Financial Department0N/A
Mr. Wei ZhaoStationed Chief of the Discipline Inspection Team01964
Mr. Jiaxiong LaiGM of Compliance & Legal Affairs Department01975
Dr. Wai Fung Ngai C.P.A., FCCA, FCIS, FCS (P.E.), Ph.D.Company Secretary01962
Ms. Wenli WuSecretary to the Board of Directors01978
Mr. Yaguang LiVice President, Chief Information Officer, Chief Data Officer & Chief Financial Officer01967
Ms. Heng HeVice President & General Counsel01970
Ms. Xuan YangBusiness Director & GM of Financial Interbank Department01976

Description

Guangzhou Rural Commercial Bank Co., Ltd. provides banking services. It operates through Corporate Banking, Retail Banking, Financial Market Business, and Others segments. The company offers demand and time deposits; personal consumption and mortgage loans; residential mortgage loans; credit cards overdraft; and personal finance products. It also provides corporate financing products, such as working capital, fixed assets, and trade and SME financing services, as well as finance leasing services. In addition, the company offers investment banking services; short, medium, and long-term loans; and domestic and international settlements, and bill acceptance and discounting services. Further, it provides money market placements, investments and repurchasing, and foreign exchange services; inter-bank placements; debit and credit cards; payment collection and insurance agency, safe locker, advisory and attestation, fund and insurance assets trusteeship, and cash management services; and agency services for issuing and underwriting government bonds. Additionally, the company trades in government and financial bonds; and provides discounted bill, wealth management, and private banking services, as well as Internet, telephone, SMS, mobile, and WeChat banking services. As of December 31, 2021, it had 635 outlets; 5 branches in Foshan, Qingyuan, Heyuan, Zhaoqing, and Zhuhai province, as well as 12 sub-branches and 1 sub-office; 1,597 ATM's; and 578 self-service inquiry terminals, 324 smart service terminals, and 250 smart banking outlets. The company was formerly known as Guangzhou Rural Credit Cooperative Unions and changed its name to Guangzhou Rural Commercial Bank Co., Ltd. The company was founded in 1952 and is headquartered in Guangzhou, the People's Republic of China.