Wuxi Rural Commercial Bank Co.,Ltd

Regional rural commercial bank based in Wuxi, China

What Wuxi Rural Commercial Bank does

Wuxi Rural Commercial Bank is a local bank in Wuxi, China, founded in 2005. It takes deposits from businesses and individuals and lends to companies, small businesses, consumers and farmers. It also offers cards, online and mobile banking, and trade and cross-border payment services.

How Wuxi Rural Commercial Bank 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 on wealth management, insurance sales, settlement, trade finance and card services.

Products & services

• Corporate and unit deposit accounts
• Corporate loans (working capital, syndicated, pledge-backed)
• Small and micro business loans
• Farmer loans (credit, revolving, photovoltaic)
• Trade finance and cross-border RMB services
• Debit, credit and social security cards