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Bank of Jiangsu
Website address:www.jsbchina.cn

About bank

Bank of Jiangsu is a modern joint-stock commercial bank that was created by merging and reorganizing the ten commercial banks in cities such as Wuxi, Suzhou, Nantong in Jiangsu province. It has created a new model in the reform of regional banks with a legal person status. Bank of Jiangsu officially opened for business on January 24, 2007 and has remained as the only provincial bank with a legal person status.

By the end of 2010, the bank’s total assets reached RMB 429.9 billion, the balance of deposits and loans in domestic and foreign currency reached RMB 359.4 billion and RMB 239.7 billion respectively, all being 2.7 times their original amount at the founding of the bank. The overall net profit after tax reached RMB 4.18 billion, more than 9 times its amount at its establishment. Jiangsu Bank ranked 292nd among the top 1000 world banks listed by the Banker, a British professional magazine, up by 68 places from the previous year and was the 17th among the domestic commercial banks.

At present, Bank of Jiangsu has a total of 450 business organizations including 12 branches within the province, 17 directly controlled sub-branches in Nanjing region and 4 branches in Beijing, Shanghai, Shenzhen and Hangzhou. As the leading founder, it established the Baode township bank in Danyang, Zhenjiang. The number of its overall employee is 110 thousand.

By continuing the profound implementation of scientific development and enhancing the overall quality of development and efficiency of business operation, Bank of Jiangsu will strive to meet the target of exceeding RMB 1 trillion in total assets and 10 billion in net profit after tax by the end of the “twelfth five year”, transforming Bank of Jiangsu into first class modern city commercial bank in the country.