Qingdao Rural Commercial Bank Co., Ltd.

Regional rural commercial bank serving Qingdao, China

What Qingdao Rural Commercial Bank does

Qingdao Rural Commercial Bank is a regional bank based in Qingdao, China. It takes deposits from individuals and businesses, lends money, and handles payments and bank cards. It also offers trade-related services like letters of credit and guarantees, and sells insurance as an agent.

How Qingdao Rural Commercial Bank makes money

It makes money mainly from the gap between the interest it earns on loans and bonds and the interest it pays on deposits. It also earns fees from settlements, bill acceptance, guarantees, bank cards, insurance agency and consulting services.

Products & services

• Deposits
• Loans
• Bill acceptance and discounting
• Letters of credit and guarantees
• Bank cards
• Insurance agency