What kind of bank is Chang 'an Bank?

Chang 'an Bank is a joint-stock commercial bank. Chang 'an Bank is a corporate joint-stock commercial bank under the leadership of the Shaanxi Provincial Party Committee and the provincial government and approved by the China Banking Regulatory Commission, with strategic investments introduced by Yanchang Group, Shaanxi Coal Industry, Shaanxi Nonferrous Metals and Shaanxi Finance. Joint-stock banks, that is, joint-stock commercial banks, are generally owned by enterprises as legal persons, operating independently and aiming at maximizing profits. Joint-stock banks are a kind of commercial banks. Changan Bank Co., Ltd. (hereinafter referred to as "Changan Bank") was established with the approval of China Banking Regulatory Commission in 2009. Together with other sponsors, it established five local corporate banking financial institutions: Baoji City Commercial Bank, Xianyang City Commercial Bank, Weinan City Credit Cooperative, Hanzhong City Credit Cooperative and Yulin City Credit Cooperative.