Baoshang Bank Co., Ltd. Beijing Branch

Baoshang Bank was founded in December 1998. It currently has 18 branches and 291 business outlets (including community and small and micro branches), with more than 8,000 employees. In addition, it initiated the establishment of Baoyin Consumer Finance Co., Ltd., set up a small enterprise financial service center, and initiated the establishment of 29 village and township banks including those in Changping, Beijing. Its institutions are spread across 16 provinces, municipalities, and autonomous regions nationwide. At the end of 2016, Baoshang Bank had total assets of 418.3 billion yuan, outstanding deposits of 182.1 billion yuan, and outstanding loans of 144.8 billion yuan. Baoshang Bank is one of the first seven city commercial banks rated as having the smallest risk (i.e., Level 2) by the China Banking Regulatory Commission. In recent years, Baoshang Bank has successively won the titles of "National Civilized Unit," "National Advanced Unit for Small Enterprise Lending," and "National Advanced Unit for Small Enterprise Financial Services." Programs such as CCTV News, Dialogue, and Economy Half-Hour, as well as media including People's Daily, Economic Daily, Guangming Daily, People's Daily Online, and Xinhua News Agency, have repeatedly reported in depth on Baoshang Bank's small and micro financial services work.