Rizhao Bank, formerly known as Rizhao City Commercial Bank, was established on February 28th, 2000. It is a joint-stock commercial bank with independent legal personality, which consists of state-owned shares, legal person shares and natural person shares. In 2004, the integration of local currency and foreign currency was realized. In 2006, Nanjing Bank was introduced as a strategic investor. In 2009, it was renamed as Rizhao Bank, and the first branch in different places was established-Qingdao Branch, Jinan Branch was established on 20 10/1,and two village banks were opened in Sanya and Lingshui, Hainan. Now it administers 1 business department, 4 branches (Qingdao, Jinan, Linyi and Weifang), 26 sub-branches and 16 department, with a registered capital of 6,543.8 billion yuan and nearly 800 employees. It is the National Inter-bank Funding Center, China Foreign Exchange Trading Center, National Bond Trading Market, national debt association of china and National City Commercial Bank Fund Settlement Center.