Company Profile
Bank of Qingdao provides personal and corporate banking, and financial market services in the People's Republic of China. Its business is organized into Corporate Banking, Retail Banking, and Financial Market Business segments.
The company offers deposit and savings products. Its portfolio also includes personal loans, corporate loans, Youth Easy loans, professional card services, investment and wealth management, and credit card lines, foreign exchange deposit and withdrawal services, foreign exchange settlement and sale, and foreign exchange outward and inward remittance, and agency services
Bill services and asset management solutions for enterprises, including bill acceptance, e-Bill subsidy, commercial bill, bill pool, and supply chain bill. Its portfolio also includes trade financing, supply chain finance, and cash management, non-financial corporate debt financing instruments, credit financing plans, and direct financing instruments, and undertaking, underwriting, and duration management services.
Additionally, it offers self-service devices, ATMs, and cash deposit and withdrawal machines. Its portfolio also includes letters of credit services and guarantees, safe deposit box services, bond settlement agency services, and commercial central treasury cash management. It also is involved in the issuance of financial bonds.
Its portfolio also includes underwriting of government bonds and financial bonds, buying and selling government bonds, financial bonds, and corporate bonds, interbank lending and interbank deposit business, insurance business, sale of precious metals, and general derivatives trading business.
Founded in 1996 and headquartered in Qingdao, the People's Republic of China, Bank of Qingdao was formerly known as Qingdao City Commercial Bank Co., Ltd. before rebranding in 2008.