Bank of Ningbo Co., Ltd.

Chinese regional commercial bank headquartered in Ningbo, Zhejiang

What Bank of Ningbo does

Bank of Ningbo is a Chinese bank that takes deposits and lends money to individuals and businesses. It also handles payments, bank cards, foreign currency services and trading in government bonds. It was founded in 1997 and is based in Ningbo, China.

How Bank of Ningbo makes money

It earns most of its money from the gap between the interest it charges on loans and the interest it pays on deposits. It also collects fees for settlement, agency, underwriting, guarantee and foreign exchange services, and earns income from bond trading and interbank activities.

Products & services

• Corporate and personal loans
• Deposits and bank cards
• Domestic and international settlement
• Bill discounting
• Government bond underwriting and trading
• Foreign exchange and currency services