What kind of bank does Cangzhou Bank belong to?

Cangzhou Bank is a joint-stock bank led by Sudong Group, approved by Cangzhou Municipal People's Government and filed by Banking Regulatory Bureau. It can't be classified as a national bank, and it has various banking services, such as storage, credit and so on. It has promoted the economic development of Cangzhou area and provided convenience for local enterprises and people. More flexible business has enabled Cangzhou Bank to develop rapidly and become one of the top 100 local banks in China.

On March 3rd, 2003, the balance of deposits was/kloc-0.005 million yuan, the balance of loans was 779 million yuan, and the non-performing loans were 304 million yuan, accounting for 38.29% of all loans. At that time, Cangzhou Commercial Bank ranked first from the bottom in North China and fifth from the bottom in the whole country according to its operation scale and development speed, and fell into a serious survival crisis.

In order to reverse the situation of Cangzhou Commercial Bank at that time, on April 1 day, 2003, Cangzhou Municipal Committee decisively adjusted the leading group at that time. In the past six years, the new leadership team has effectively overcome various difficulties in development, solidly promoted business operation and internal control management, and embarked on the road of rapid, safe, efficient and sustainable development.