Huishang Bank Corp Ltd

Detailed Description

Huishang Bank Corporation Limited, together with its subsidiaries, provides various commercial banking products and services in the People's Republic of China. It operates through four segments: Corporate Banking, Retail Banking, Treasury, and Others. The company offers current accounts, deposits, overdrafts, loans, trade related products and other credit facilities, foreign currency, and wealth management products to corporate customers, government authorities, and financial institutions. It also provides savings deposits, personal loans and advances, credit and debit cards, payments and settlements, wealth management products and funds, and insurance agency services to retail customers. In addition, the company conducts securities investment, money market, and repurchase transactions; and offers online and mobile banking services. Further, it provides Renminbi and foreign currency deposits; and clearing and settlement, assets custody, and finance leasing services. As of December 31, 2020, Huishang Bank Corporation Limited had 21 branches; 481 front offices, including 5 business department branches and 476 sub-branches; 654 self-service banks; and 2,019 cash self-service equipment comprising 1,258 cash recycling machines, 731 smart self-service terminals, and 30 teller machines. The company was formerly known as Hefei Commercial Bank Co., Ltd. and changed its name to Huishang Bank Corporation Limited in November 2005. Huishang Bank Corporation Limited was incorporated in 1997 and is headquartered in Hefei, China.