Ningbo Bank is a leading Chinese bank, with a global presence and a strong domestic presence. The bank was founded in 1930 in Ningbo, and has since grown to become one of the largest commercial banks in the country, with over 800 domestic outlets, 40 overseas branches and offices, and over 300 subsidiaries and cooperative banks. The Bank is headquartered in Ningbo and has total assets of 930 billion yuan (USD 145.1 billion) as of October 2019.
Ningbo Bank is committed to providing the highest quality services to individual, corporate and institutional customers. The bank offers a full range of retail and wholesale products and services, including deposit products and services, retail and corporate banking, asset management services, and credit cards. To meet the changing needs of customers, the bank has also widened its service offerings to include online banking, mobile banking, investments and wealth management, foreign exchange services, and money transfer services.
Ningbo Bank is known for its innovative digital solutions and services. It has one of the most advanced online banking platforms in China, offering access to the banks financial products and services at the touch of a button. The bank has also been one of the first in China to adopt artificial intelligence (AI) technologies, with AI-powered products and services, such as Robo-advisors, in the works to offer customers more personalized services.
The bank recently launched the “Ningbo Bank YouYi O2O (online to offline)” platform, which offers customers an integrated experience both online and offline. Customers can manage accounts, apply for and use credit cards, and apply for loans, all without setting foot in a branch. This platform is becoming increasingly popular with customers who prefer the convenience and security of conducting their banking transactions online.
Ningbo Bank is committed to using the latest technology to improve its services and increase customer satisfaction. It is the first among the top banks in China to set up a dedicated R&D center for financial technology, the Ningbo FinTech Laboratory. The bank has also partnered with leading technology companies to launch numerous projects that aim to make banking experiences smarter, more secure, and more convenient.
Ningbo Bank was recently named one of the top 10 most innovative financial institutions in China by the Global Financial Innovation Network (GFIN). The bank is a testament to what can be achieved when embracing digital transformation. With a strong network of outlets around the world and a commitment to digital advancements, Ningbo Bank continues to be a leader in the banking industry.
