Bank of Tangshan Co., Ltd is a state-owned shareholding commercial bank established in June, 1998, possessing independent legal personality. Its predecessor is Tangshan City Commercial Bank which can be traced back to the financial service center and urban credit cooperatives in the 80s and 90s. Up to now, Bank of Tangshan has 1,200 regular employees, 55 branches, and sets up institutions in Beijing, Shanghai.
Since its foundation, Bank of Tangshan takes “From Citizen, Serve Citizen” as purpose, persists in the development concept of “Government Bank, Regional Bank, Citizens’ Bank”. After the new election in 2011, Bank of Tangshan did a radical innovation, such as, according to the essential requirements of marketization of enterprise, carried out the “simplify head office’s employees, reinforce the number of staff in branches, and strengthen up marketing power” strategy; made precise predictions and decided to exit from the high-pollution, high-energy, and over-capacity of production fields, and did a subversive adjustment on credit constructure; reformed the compensation system to make it consist with the reform strategies and developing goals of Bank of Tangshan; converted marketing tactics from propagandizing in neighborhood to publicizing by newspaper, broadcasting, and internet in time; made transitions of branches happen, upgraded and remade numbers of intelligent branches; opened up new models of property increasing, and developed 5 different interest rates of one product for diverse group of customer, etc.
Many a little makes a mickle. Bank of Tangshan Co., Ltd made a magnificent transition. By the end of 2016, our operation indicator has improved steadily; total assets has reached to 203.129 billion Yuan, increasing 78.224 billion compared with the beginning of 2016; loans (including trust) balance has reached to 131.468billion Yuan, increasing 47.619billion compared with the beginning of 2016; total liability amount has reached to 190.178 billion Yuan, increasing 73.423billion compared with the beginning of 2016; total deposit amount has reached to 132.915billion Yuan, increasing 42.314billion compared with the beginning of 2015; we has paid tax amount971 million Yuan, increasing 10.16% on a year-on-year basis.By December 30th, 2016, the total sales of domestically developed products attained 20.269 billion yuan, increasing 11.75 billion yuan comparing to the beginning of 2016; the running total of the sales was 403,248, increasing 248,627 comparing the beginning of 2016, the growth rate reached 161.44%.
At the same time, the reputation and value of Bank of Tangshan are also improving. In recent years,, Bank of Tangshan continuously won “Labor Award of Hebei Province”, “Hebei Province AAA Level Labor Relations Harmonious Enterprise”, “Best Bank of People Award”, “Top No.2 in Competitiveness Valuation of 50-100 Billion City Commercial Bank”, “Annual Best Product Innovation Small and Medium Bank”, “China Top Ten Performance Outstanding Bank of Risk Management”, “Most Growable Medium and Small-Sized Bank”, “Annual Most Competitive Medium and Small-Sized Bank”, “Best Employers in Local Financial Industry” and so honors. Bank of Tangshan won the first “Mayor Special Prize”in Tangshan city, and to be enrolled as “Constitution Without Legal Case” by Banking Regulatory Bureau Hebei and Tangshan Branch for three consecutive years, and “Biggest Taxpayer in Tangshan” for four consecutive years. In the top 1000 global banks list ranked by authoritative financial magazine, The Banker, Bank of Tangshan Co., Ltd was ranked as first place of Tier 1 capital growth rankings in Chinese mainland, the third place in global Tier 1capital growth rankings, which also is the one and only bank continuously ranked in the list of strong growth momentum for two years. In 2017, in the global bank 1000 list, our line ranked 466th , raising 121 ranks on the basis of 2016.