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{{Short description|Chinese commercial bank}}
{{refimprove|date=October 2016}}
{{more citations needed|date=October 2016}}
{{Infobox company
{{Infobox company
| name = China Bohai Bank
| name = China Bohai Bank
| logo =
| logo = China Bohai Bank logo.png
| logo_size =
| logo_size =
| logo_alt =
| logo_alt =
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| type = {{ubl|[[Joint-stock company]]|indirect [[state-owned enterprise]]}}
| type = {{ubl|[[Joint-stock company]]|indirect [[state-owned enterprise]]}}
| industry = Financial services
| industry = Financial services
| founded =
| founded = {{Start date and age|df=yes|2005|12|30}}
| founder = <!-- or: | founders = -->
| founder = <!-- or: | founders = -->
| hq_location = 218 Haihe East Road, Hedong District
| hq_location = 218 Haihe East Road, Hedong District
| hq_location_city = Tianjin
| hq_location_city = [[Tianjin]]
| hq_location_country = China
| hq_location_country = China
| area_served =
| area_served =
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| rating =
| rating =
| website = [http://www.cbhb.com.cn cbhb.com.cn]
| website = [http://www.cbhb.com.cn cbhb.com.cn]
| intl = yes
| footnotes = source<ref name=BohaiBank2015AR>{{cite web|url=http://www.cbhb.com.cn/bhbank/S101/attach/2015ywnb.pdf|title=2015 Annual Report|date=16 June 2016|access-date=17 October 2016|publisher=China Bohai Bank}}</ref>
| footnotes = source<ref name=BohaiBank2015AR>{{cite web|url=http://www.cbhb.com.cn/bhbank/S101/attach/2015ywnb.pdf|title=2015 Annual Report|date=16 June 2016|access-date=17 October 2016|publisher=China Bohai Bank}}</ref>
}}
}}
'''China Bohai Bank''' ({{zh|s=渤海银行|t=渤海銀行|p=Bóhǎi Yĺnháng}}) is a [[commercial bank]] in [[Tianjin]], China. The bank had a registered capital of {{CNY|link=yes|8.5&nbsp;[[1,000,000,000|billion]]}} and net equity of {{CNY|35.6&nbsp;billion}} as at 31 December 2015.<ref name=BohaiBank2015AR/>
'''China Bohai Bank''' ({{zh|s=渤海银行|t=渤海銀行|p=Bóhǎi Yĺnháng}}) is a [[commercial bank]] in [[Tianjin]], China. Established on December 31, 2005, and opened for business in February 2006. The bank had a registered capital of {{CNY|link=yes|8.5&nbsp;[[1,000,000,000|billion]]}} and net equity of {{CNY|35.6&nbsp;billion}} as of 31 December 2015.<ref name=BohaiBank2015AR/>

==History==
==History==
The bank was the brainchild of the Tianjin mayor (and previous Head of the Peoples Bank of China) [[Dai Xianglong]] who turned a national banking licence for Tianjin, that had been promised to the city in the mid-1990s, into reality and in the process kicking off an important upgrading of the Tianjin financial system. This was the 1st national banking licence to have been approved by the State Council since [[China Minsheng Bank]] in 1995.
The bank was the brainchild of the Tianjin mayor (and previous head of the Peoples Bank of China) [[Dai Xianglong]] who turned a national banking licence for Tianjin, that had been promised to the city in the mid-1990s, into reality and in the process kicking off an important upgrading of the Tianjin financial system. This was the 1st national banking licence to have been approved by the State Council since [[China Minsheng Bank]] in 1995.


The precondition for the national licence, stipulated by the regulators, was that foreign expertise should be brought in to ensure that the bank could herald a new era for Chinese banking following the modern organisational design of western banks, in particular the risk management system and product development approach.
The precondition for the national licence, stipulated by the regulators, was that foreign expertise should be brought in to ensure that the bank could herald a new era for Chinese banking following the modern organisational design of western banks, in particular the risk management system and product development approach.
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In turn a small set up team was formed from local bank officials, led by Mr Sun Li Guo, and a beauty contest was held for the foreign banking partner. [[Standard Chartered Hong Kong]] was selected as Strategic investor and a 19.99% shareholding was agreed. Other investors included [[TEDA Holding]], [[COSCO]], [[Baosteel Group]], [[State Development & Investment Corporation]], with TEDA taking the lead role with a 25% shareholding.
In turn a small set up team was formed from local bank officials, led by Mr Sun Li Guo, and a beauty contest was held for the foreign banking partner. [[Standard Chartered Hong Kong]] was selected as Strategic investor and a 19.99% shareholding was agreed. Other investors included [[TEDA Holding]], [[COSCO]], [[Baosteel Group]], [[State Development & Investment Corporation]], with TEDA taking the lead role with a 25% shareholding.


The first appointed official of the bank was from Standard Chartered, an Englishman, Mr Simon Page, the Chief Risk Officer who took up the post in October 2004. The Head of Wholesale Bank was a Swiss national, Mr Rolf Berweger. A group of officials and technical experts from Standard Chartered Bank joined the set up team and the preparation for the bank began under the guidance of the project director Mr Clive Haswell, pulling together business strategy, technical & IT infrastructure, policies and procedures.
The first appointed official of the bank was from Standard Chartered, an Englishman, Mr Simon Page, the chief risk officer who took up the post in October 2004. The head of Wholesale Bank was a Swiss national, Mr Rolf Berweger. A group of officials and technical experts from Standard Chartered Bank joined the set up team and the preparation for the bank began under the guidance of the project director Mr Clive Haswell, pulling together business strategy, technical & IT infrastructure, policies and procedures.


In August 2005 the Chairman and Chief Executive were selected, Mr Yang Zi Lin and Mr Ma Teng and the business licence was approved on 31 December 2005. The Chief Financial Officer, Mrs Guo Rong Li, Chief Technology Officer, Mr Liu Zheng Quan, Head of Consumer Bank, Mr Phang Yew Kiat were also appointed.
In August 2005, the chairman and chief executive were selected, Mr Yang Zi Lin and Mr Ma Teng and the business licence was approved on 31 December 2005. The chief financial officer, Mrs Guo Rong Li, chief technology officer, Mr Liu Zheng Quan, head of Consumer Bank, Mr Phang Yew Kiat were also appointed.


The first branch opened in Tianjin on 16 February 2006 and offered basic retail banking deposit services and corporate banking lending, trade and deposit services.
The first branch opened in Tianjin on 16 February 2006 and offered basic retail banking deposit services and corporate banking lending, trade and deposit services.

==References==
==References==
{{reflist}}
{{reflist}}

==External links==
==External links==
*{{official website|http://www.cbhb.com.cn}} {{zh icon}} {{en icon}}
*{{official website|http://www.cbhb.com.cn}} {{in lang|zh|en}}
{{Portal|Banks}}


{{Banks of the People's Republic of China}}
{{Banks of the People's Republic of China}}



⚫
[[Category:Banks of China]]
{{authority control}}

[[Category:Companies based in Tianjin]]
[[Category:Companies based in Tianjin]]
[[Category:Chinese companies established in 2005]]
[[Category:Chinese companies established in 2005]]
[[Category:Banks established in 2005]]
[[Category:Banks established in 2005]]
[[Category:China Baowu Steel Group]]
[[Category:Baowu]]
[[Category:Companies owned by the provincial government of China]]
[[Category:Companies owned by the provincial government of China]]
[[Category:Government-owned companies of China]]
[[Category:Government-owned banks of China]]
⚫
[[Category:2005 in Tianjin]]


{{Asia-bank-stub}}
{{Asia-bank-stub}}
{{China-company-stub}}
{{China-company-stub}}

Latest revision as of 07:32, 1 January 2025

China Bohai Bank
Company type
IndustryFinancial services
Founded30 December 2005; 19 years ago (2005-12-30)
Headquarters218 Haihe East Road, Hedong District,
Tianjin
,
China
ServicesRetail and corporate banking
Revenue53,439,780,000 renminbi (2018) Edit this on Wikidata
Increase CN¥7.1 billion (2015)
Increase CN¥5.7 billion (2015)
Total assetsIncrease CN¥764.2 billion (2015)
Total equityIncrease CN¥35.6 billion (2015)
Owner
Capital ratio7.75% (CET1)
Websitecbhb.com.cn
Footnotes / references
source[1]

China Bohai Bank (simplified Chinese: 渤海银行; traditional Chinese: 渤海銀行; pinyin: Bóhǎi Yĺnháng) is a commercial bank in Tianjin, China. Established on December 31, 2005, and opened for business in February 2006. The bank had a registered capital of CN¥8.5 billion and net equity of CN¥35.6 billion as of 31 December 2015.[1]

History

[edit]

The bank was the brainchild of the Tianjin mayor (and previous head of the Peoples Bank of China) Dai Xianglong who turned a national banking licence for Tianjin, that had been promised to the city in the mid-1990s, into reality and in the process kicking off an important upgrading of the Tianjin financial system. This was the 1st national banking licence to have been approved by the State Council since China Minsheng Bank in 1995.

The precondition for the national licence, stipulated by the regulators, was that foreign expertise should be brought in to ensure that the bank could herald a new era for Chinese banking following the modern organisational design of western banks, in particular the risk management system and product development approach.

In turn a small set up team was formed from local bank officials, led by Mr Sun Li Guo, and a beauty contest was held for the foreign banking partner. Standard Chartered Hong Kong was selected as Strategic investor and a 19.99% shareholding was agreed. Other investors included TEDA Holding, COSCO, Baosteel Group, State Development & Investment Corporation, with TEDA taking the lead role with a 25% shareholding.

The first appointed official of the bank was from Standard Chartered, an Englishman, Mr Simon Page, the chief risk officer who took up the post in October 2004. The head of Wholesale Bank was a Swiss national, Mr Rolf Berweger. A group of officials and technical experts from Standard Chartered Bank joined the set up team and the preparation for the bank began under the guidance of the project director Mr Clive Haswell, pulling together business strategy, technical & IT infrastructure, policies and procedures.

In August 2005, the chairman and chief executive were selected, Mr Yang Zi Lin and Mr Ma Teng and the business licence was approved on 31 December 2005. The chief financial officer, Mrs Guo Rong Li, chief technology officer, Mr Liu Zheng Quan, head of Consumer Bank, Mr Phang Yew Kiat were also appointed.

The first branch opened in Tianjin on 16 February 2006 and offered basic retail banking deposit services and corporate banking lending, trade and deposit services.

References

[edit]
  1. ^ a b "2015 Annual Report" (PDF). China Bohai Bank. 16 June 2016. Retrieved 17 October 2016.
[edit]


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