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What kind of bank does Bank of Ningbo belong to?
It is a local joint-stock commercial bank with independent legal personality.

Ningbo Bank Co., Ltd. was established in April 1997 with a registered capital of RMB 2.05 billion. The bank has 70 branches (including 1 sales department).

Over the past few years, relying on its good geographical advantages and adhering to the business philosophy of "customer-centered and market-oriented", the Bank has made great efforts to explore the management mode and path of local commercial banks, and gradually formed a business operation mechanism and management mode to meet the market demand while promoting the steady and rapid development of various businesses.

It has built an efficient, scientific and standardized flat business operation mechanism and management process, and has initially become a local joint-stock commercial bank with sufficient capital, good operation and high profitability.

Extended data:

The bank has a team of young executives with management experience. The average age of the bank's senior management team is 43. Before joining the bank, the members of the senior management team were all engaged in economic and financial related work in Ningbo, and had a very in-depth understanding of the Ningbo market and rich practical work experience.

The Bank formulated and implemented the management and employee stock ownership plan, which directly linked the salary of employees to the performance of the bank, stimulated the enthusiasm of employees, and attracted and retained talents. The shares held by the management and employees of the Bank account for 19.4% of the total shares of the Bank, which ensures the consistency of the interests of shareholders and employees of the Bank.

Baidu Encyclopedia-Bank of Ningbo