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What is the predecessor of Xi 'an Bank?
According to Baidu Encyclopedia, Xi 'an Commercial Bank, the predecessor of Xi 'an Bank, was established on May 3rd, 1997. It is a local joint-stock commercial bank with foreign shares controlled by Xi government. The growth of the main operating indicators of the bank in the past three years is equivalent to the development level of the previous 2-3 years. In 2008, in the annual "Top 300 Asian Banks Ranking" published by Asia Weekly in Hong Kong, the bank ranked first with a net profit growth rate of 500%. In 2009, with the approval of China Banking Regulatory Commission, China Cinda Asset Management Corporation, scotiabank and Xi Municipal Finance Bureau made strategic investments in the bank, directly introducing 2.3 billion yuan of funds from inside and outside the province, bringing the total share capital of the bank to 3 billion yuan.
Xi 'an Bank Company Limited (stock code 600928). SH) was established in 1997. It is a regional joint-stock commercial bank with large foreign banks, domestic central enterprises, local state-owned enterprises and private enterprises as the main strategic investors. Since the establishment of 1997, it has become the first A-share listed bank in northwest China through strategic steps such as financial restructuring, introduction of war investment, enterprise renaming, cross-regional operation, comprehensive development and digital transformation.
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