Kunlun Bank

Introduction to Kunlun Bank

On June 6, 2006, Karamay City Commercial Bank was established.
In April 2009, under the strategic context of serving national energy security and the Western Development Initiative, and in line with the decision and deployment of China National Petroleum Corporation (CNPC) to develop financial business, CNPC increased its capital and took controlling stake in Karamay City Commercial Bank. In April 2010, Karamay City Commercial Bank was renamed Kunlun Bank. The name "Kunlun," symbolizing magnificent development, has injected strong brand value into the bank.

At its inception, Kunlun Bank established an unswerving path of distinctive development featuring industry-finance integration. Relying on energy, taking root locally, improving quality, and pursuing reform and innovation, it is committed to building an excellent commercial bank with distinctive characteristics and vitality.

Leveraging its shareholder and geographical advantages, Kunlun Bank focuses on developing corporate business, vigorously expands retail business, actively develops international business, and steadily grows financial market business. Following the development layout of "Based in Xinjiang, Relying on Energy, Facing the Nation, and Going Global," it has expanded its market to provinces and cities such as Beijing, Heilongjiang, Shaanxi, Sichuan, and industry chains in regions rich in oil and natural gas, as well as countries including Iran. It has established two village banks in Leshan, Sichuan and Tacheng, Xinjiang, and operates over 70 business outlets, providing customers with diversified and distinctive financial products and services. After nearly a decade of development, Kunlun Bank's industry-finance integration has begun to take shape, with continuously enhanced overall strength. It has gradually evolved from a small regional city commercial bank into a distinctive commercial bank operating across regions with certain international influence. Its asset scale has entered the forefront of city commercial banks nationwide, making it one of the fastest-growing banks domestically in recent years.

In the future, Kunlun Bank will vigorously advance the development strategy of industry-finance integration, focus on enhancing core competitiveness, and pursue high-quality, effective, and sustainable development. It will strive to explore a distinctive development path in the field of industry-finance integration and work towards building the most competitive commercial bank in the energy sector.