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Equity In Unlisted Chinese Bank For Sale

China
Asking Price:
On request
Sales Revenue:
Available on request
Cash Flow:
Available on request

The Bank, founded in 1999, is a joint-stock commercial bank with independent legal personality. In recent years, the Bank has successively entered the ranks of the top 100 enterprises in the Province where it is located and the top 1,000 banks in the world, and has been among the top 500 service enterprises in China for four consecutive years, and has been ranked as one of the top 100 local tax-paying enterprises and national tax-paying enterprises in the province for many times.

The Bank's main business are: taking deposits from the public; issuing short-term, medium-term and long-term loans; handling domestic and foreign settlement; handling acceptance and discount of bills; issuing financial bonds; acting for issuing, paying and underwriting government bonds; buying and selling government bonds and financial bonds; engaging in interbank lending; buying and selling foreign exchange; engaging in bank card business; providing letter of credit services and guarantees. Acting as an agent for receipt and payment and insurance business; providing safe deposit box services; and other businesses approved by the banking regulatory authority under the State Council.

At present, the Bank has jurisdiction over 10 branches and 6 management banks in its administrative area, with 165 branches (including 43 community branches) and more than 2,900 employees. At the same time, the bank also initiated the establishments of village banks, a financial leasing company. The number of holding subsidiaries reached 4.

In 2020, the bank completed the organizational structure optimization and adjustment of the head office department into Public, Retail, Financial markets, Digital banking, Risk control and other five major business sectors, the original 24 departments were reduced to 21. At present, the bank has basically formed a service network covering the whole province and a relatively sound product system.

By the end of 2020, the Bank had assets of US$ 37.66 billion, loan balance of US$ 17.77 billion, deposit balance of US$ 23.34 billion, net profit of US$ 234 million, non-performing loan ratio of 1.83% and capital adequacy ratio of 14.13%.

One of the Bank's shareholders plans to sell a 4.06% stake at negotiable price.

The Bank is a large unlisted bank and is expected to go public in the future. Any investor who wants to enter the Chinese finance market may consider this project.

PLEASE BE NOTED: The Bank is located in Mainland China (The People’s Republic of China). Any interested party needs to show proof of funds and locks up the funds for purchase purpose. The above information is for reference only and does not constitute the final transaction conditions. Potential buyers need to sign brokerage service contract with us.

Property Information

Location:

Mainland China

Business Operation

Competition / Market:

Large-scale Joint-Stock Bank has the potential to go public in the future.

Contact Horwen Risk Advisory Services Limited

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