Bohai Bank

Bohai Bank is the only national joint-stock commercial bank newly approved by the State Council since 1996, the first Chinese commercial bank to introduce overseas strategic investors at the stage of initiation and establishment, and the first national joint-stock commercial bank headquartered in Tianjin. Bohai Bank was initiated and established by seven shareholders, including Tianjin Teda Investment Holding Co., Ltd., Standard Chartered Bank (Hong Kong) Limited, China Ocean Shipping (Group) Company, State Development & Investment Corp., Baosteel Group Corporation, Tianjin Trust Co., Ltd., and Tianjin Shanghui Investment (Holding) Co., Ltd. It was established on December 30, 2005, and officially opened for business in February 2006. In its development plan, Bohai Bank has set a long-term development vision of becoming the best modern financial and treasury manager, defined a customer-centric strategic positioning that promotes transformation through four key measures—differentiation, integration, digitalization, and internationalization—and establishes five safeguards in talent, technology, finance, risk, and mechanism. It has also established corporate core values of 'Customer First, Open Innovation, Collaboration and Achievement, and People-Oriented Care.' Since its establishment, it has made unremitting explorations in innovations in systems, management, business models, and technology platforms, achieving coordinated development of capital, risk, and efficiency, and maintaining industry-leading levels in growth indicators such as scale and profit, as well as risk control indicators.