Guangzhou Rural Commercial Bank Co., Ltd. (HKG: 1551)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
1.820
+0.130 (7.69%)
Oct 9, 2024, 1:41 PM HKT

Guangzhou Rural Commercial Bank Company Description

Guangzhou Rural Commercial Bank Co., Ltd. provides banking services in China.

It operates through four segments: Corporate Banking, Retail Banking, Financial Market Business, and Others.

The company offers demand, time, pledged, and other deposits; certificates of deposit; personal consumption, business, and mortgage loans; personal and collateral loans; credit cards overdraft; residential mortgage loans; and corporate loans.

It also provides investment banking products; short, medium, and long-term loans; domestic and international settlements, and bill acceptance and discounting services; financing services; e-bank services; financial leasing; and securitization of credit assets.

In addition, the company offers money market placements, investments and repurchasing, and foreign exchange transactions; foreign currency remittance; foreign currency exchange; settlement and sale of foreign exchange; foreign credit investigations; inter-bank placements; debit and credit cards; payment collection and insurance agency, safe locker, advisory and attestation, securities investment fund and insurance assets trusteeship, and cash management services; and agency services for issuing and underwriting government bonds.

Further, it is involved in securities investment fund sales business; trades in government and financial bonds; and provides discounted bill, wealth management, and private banking services, as well as Internet, mobile, and WeChat banking services; and Jinmi Mall, e-commerce platform.

Additionally, the company operates its outlets through non-local and sub-branches; and provides ATMs, self-service inquiry terminals, and smart service terminals, and smart banking outlets.

The company was formerly known as Guangzhou Rural Credit Cooperative Unions and changed its name to Guangzhou Rural Commercial Bank Co., Ltd. The company was founded in 1952 and is headquartered in Guangzhou, China.

Guangzhou Rural Commercial Bank Co., Ltd.
Country China
Founded 1952
Industry Banks - Regional
Sector Financials
Employees 12,999
CEO Xiaoyun Deng

Contact Details

Address:
No. 9 Yingri Road
Guangzhou
China
Website grcbank.com

Stock Details

Ticker Symbol 1551
Exchange Hong Kong Stock Exchange
Fiscal Year January - December
Reporting Currency CNY
ISIN Number CNE100002FR4
SIC Code 6020

Key Executives

Name Position
Jian Cai Executive Chairman
Xiaoyun Deng President
Yaguang Li Vice President and Chief Financial Officer
Jiaxiong Lai GM of Compliance and Legal Affairs Department
Bin Ding Head of Financial Department
Wei Zhao Stationed Chief of the Discipline Inspection Team
Dr. Wai Fung Ngai C.P.A., FCCA, FCIS, FCS (P.E.), Ph.D. Company Secretary
Linjun Chen Business Director
Xuan Yang Business Director and GM of Financial Interbank Department