Tyrone Bank, State-owned or Private?

Tailong Bank refers to Zhejiang Tailong Commercial Bank, which is a joint-stock city commercial bank. At present, the company has nearly 10,000 employees and has 13 branches in Taizhou, Lishui, Hangzhou, Ningbo, Shanghai, Suzhou, Quzhou, Jinhua, Jiaxing, Huzhou, Shaoxing, Wenzhou and Zhoushan. According to relevant data, the three major shareholders of Tailong Bank: Taizhou Tailong Urban Credit Cooperative Staff Group, Taizhou Sanguo Investment Co., Ltd. and Taizhou Yangguang Industry and Trade Co., Ltd. are private enterprises based on more than 20 other local shareholders in Taizhou. Therefore, Tailong Bank is not a state-owned enterprise, but a private property.

Tailong Bank is a joint-stock city commercial bank. 1 On June 28th, 993, Taizhou Tailong Credit Cooperative was formally established, with 2 rented houses and 7 employees, with a registered capital of110,000. After 20 years of efforts, Tailong has developed into a regional financial institution with perfect corporate governance, reasonable organizational structure, sound internal management mechanism and good operating conditions, which has been affirmed by the regulatory authorities. On August 15, 2006, Taizhou Tailong Credit Cooperative was successfully transformed into Zhejiang Tailong Commercial Bank with the approval of CBRC.

Since its establishment, Zhejiang Tailong Commercial Bank is a joint-stock city commercial bank with the purpose of "serving small and micro enterprises and practicing universal benefits". Its main responsibilities include absorbing public deposits and issuing short, medium and long-term loans; Handle domestic and international settlement, handle bill acceptance and discount; Acting as an agent to issue financial bonds, issue, accept and underwrite government bonds, engage in interbank lending, engage in bank card business, provide guarantees, and act as an agent for payment and insurance business; Business approved by the banking regulator, including the provision of safe deposit boxes.

Tyrone Bank has explored the technology of small business credit and risk control in practice, summed up a set of small business financial service model based on the principles of "three tables" and "three thirds system", and realized "low cost to obtain information in advance", "low cost monitoring management" and "three low costs" after low cost, providing a China solution for solving the financing problem of small and medium-sized enterprises in the international "Macmillan gap". Up to now, Tailong Bank has issued more than 650,000 small business loans with a total loan of more than 350 billion yuan, supported more than 6,543.8+0.7 million small businesses, directly and indirectly created more than 6,543.8+0.7 million jobs and helped more than 400,000 landless farmers. Migrant workers and laid-off workers gain wealth through hard work. The bank praised "well done". Tailong Bank was awarded the title of "Advanced Unit of Financial Services for Small and Medium-sized Enterprises" by China Banking Regulatory Commission for three times. With its unique business model covering the whole country, Tailong Bank has won a blue ocean in the financial service market of small enterprises, realizing the integration and harmony of sustainable development and social responsibility of enterprises.