Suzhou Bank was established in April 1951. It is the largest and most reliable banking institution in Suzhou. Due to its convenient location 95 kilometers away from Shanghai, the Bank has been known as the gateway between the East and the West.
The bank is headquartered in Suzhou and has 46 branches across China. With over 1,800 employees, Suzhou Bank offers a wide range of financial services, including banking, foreign exchange, wealth management, and corporate finance. As a state-owned commercial bank, Suzhou Bank is the custodian of many state-owned enterprises, such as China Telecom, the China Post Group, China Mobile, and the Electric Power Grid Corporation of China, in addition to providing services to private enterprises, small and medium-sized businesses, individuals and organizations.
Apart from its domestic banking operations, Suzhou Bank has been actively involved in international and domestic financial activities. It has successfully concluded five international syndicated loan agreements totalling US$5 billion, and has set up 60 correspondent banks in 26 countries and regions. These banks include some of the most renowned banks from countries such as the US, the UK, France, Japan and Germany.
As Suzhou Bank continues to grow, it is also making great strides in terms of its IT infrastructure. The Bank has developed various IT innovations and services such as Card Solutions, Phone Banking, Internet Banking, Online Payment, Digital Credit Card and Money Transfer services. These technologies have made many banking transactions faster and more efficient.
In conclusion, it is clear that Suzhou Bank is the largest and most reliable banking institution in the city. The Bank offers world-class services to both domestic and international markets. It is also investing heavily in cutting-edge technologies to provide easy and secure banking solutions to its customers. Suzhou Bank is committed to being a regional leader in the banking industry, and will continue to strive to offer the best services and technologies to its customers.
