Bank of Jiangsu, a modern joint - stock commercial bank, was founded by merging and reorganizing the ten commercial banks in cities of Wuxi, Suzhou and Nantong in Jiangsu province, which created a new model of local corporate banking reform. Formally entered service on January 24, 2007, It is the onlylocal provincial corporate bank in Jiangsu.
Bank of Jiangsu, adhering to the mission of “providing high-quality financial service for customers”and guided by the enterprise culture of “Integration and innovation, pragmatic and assuming, excelsior and adolescing”, always sticks to the development direction of characteristic, intelligence, internationalization and integration and devotes itself to the construction of a characteristic and first-rate commercial bank with core competition advantage. It has now developed into a modern joint-stock bank boastingstrong comprehensive strength and market competitiveness. As of the end of June 2016, it has possessed total assets of 1,563 billion yuan, total deposits of 914.4 billion yuan, and has provided loans of 635.3 billion yuan in total.
At present, Bank of Jiangsu has set up 12 provincial branches, 4 branches outside the province and 1 head office business management department, forming a service network not only covering the three economical circles of Yangtze River Delta, Pearl River Delta, and Bohai Sea, but also all countries in Jiangsu. It has 534 business office in total and 14,000 employees. It established Suyin Financial Leasing Company and Danyang Baode Rural Bank. On August 2, 2016, its Initial public offering of A shares was successfully listed on the Shanghai Stock Exchange (stock code: 600919).
The development of Bank of Jiangsu has been widely recognized by all sectors of society. It has been presented the honorary titles of“Outstanding Enterprise in Jiangsu Province”and“The National Banking Financial Institutions Small and Micro-Enterprise Financial Services Advanced Units”by Jiangsu Provincial Party Committee and Jiangsu Provincial Government, and has been rated as “The Most Competitive Small and Micro Banks”by Financial Times. It ranked126thamong the top 1000 world banks listed by the Banker (a British professional magazine) in 2016. As one of the fastest growing banks in China, it was named as “The Best City Commercial Bank in China”by Global Finance (U.S.).