Qingdao Bank Co., Ltd. (hereinafter referred to as "the Bank") was established in November 1996. As of December 31, 2014, we are the largest city commercial bank in Shandong Province in terms of total assets, total loans, customer deposits and total equity. In the nine months ended September 30, 2015, the bank's total assets were 176.56 billion yuan, with a cumulative net profit of 1.558 billion yuan, an increase of 18.21% over the same period last year. As of September 30, 2015, the capital adequacy ratio was 13.15%; the non-performing loan ratio was 1.27%, which was lower than the average level of the banking industry in the country and Shandong Province; the non-performing loan provision coverage ratio was 222.13%, and the loan provision ratio was 2.82%.
Headquartered in Qingdao, the Bank currently has 8 branches and 88 business outlets in 9 cities in Shandong Province, including Qingdao, Jinan, Dongying, Weihai, Zibo, Dezhou, Zaozhuang, Yantai and Binzhou. Plan to continue to increase business outlets to all major cities in Shandong Province, and wait for the opportunity to go nationwide. The bank took the lead in setting up a private banking and wealth center among city commercial banks across the country (March 2011) to provide high net worth customers with professional, innovative and specialized financial services of public and private, investment and financing, both at home and abroad. It has also established electronic banking channels such as online banking (www.qdccb.com), telephone banking "400-66-96588 (national)" and "96588" (Qingdao), mobile banking, Wechat bank and direct selling bank, and established agency relationships with more than 580 banking institutions in various countries and regions around the world to provide customers with convenient round-the-clock online services. It has formed a stable customer base, serving nearly 60, 000 corporate customers and more than 2.5 million individual customers, and maintaining close cooperative relations with major enterprises and a large number of high net worth customers in strategic and new industries in Shandong Province. The bank adheres to the strategic plan of "building a characteristic bank with warm service, solid air duct and excellent science and technology" as the core, with the goal of being better, stronger and special, continuously reforming and improving in corporate governance, risk control, IT construction and other fields, gradually exploring and initially forming six characteristics of "perfect governance, warm service, solid air duct, excellent science and technology, clear positioning and leading mode". Can provide customers with three major lines of business, namely: corporate banking business: in addition to providing general deposit and loan business, the bank also provides government finance based on major projects and key projects, livelihood finance based on people's livelihood-related industries and projects, characteristic finance based on trade finance and small business finance, financial services dominated by listed and proposed listed companies, and group finance dominated by group customers. Since 2012, the Bank has begun to explore and practice the development model of "interface bank" and actively carry out all kinds of financial cooperation with domestic and foreign commercial banks, insurance companies, securities companies and other financial institutions.
Retail banking business: with the goal of "building the most convenient one-stop retail bank", providing "Happy Family Plan" consumer financial services covering the whole life cycle by means of service innovation, network transformation, product innovation and so on. Multi-level comprehensive wealth management based on "Hai Rong Wealth" series of wealth management products and "1x 1m N" consulting service model To the park, campus, community, subway financial IC card-based multi-application services.
Financial market business: the bank has the most complete licenses and qualifications in the city merchant industry, including asset securitization, policy financial debt underwriting, non-financial corporate debt financing instruments underwriting, interest rate pricing members, tentative market makers, etc., among them, the Bank is the only bank in Shandong Province that is qualified for asset securitization business. While maintaining good cooperation with commercial banks, we continue to deepen our cooperation with securities firms, funds, trusts, insurance and other non-bank financial institutions. At present, the money market business is ahead of the industry, the financial management business is widely recognized, and the investment business is improving rapidly.
While achieving sustainable development, the Bank has actively and consciously fulfilled its corporate social responsibility and carried out targeted poverty alleviation, disaster relief, care for vulnerable groups, volunteer services and other activities to give back to the society. Over the years, in addition to giving warmth, giving love, donating money and goods, and popularizing financial knowledge in various forms, we have also strongly supported educational public welfare undertakings. Such as the establishment of the "Central Youth Employment and Entrepreneurship training Base of the Communist Youth League"; the establishment of "Qingdao Bank Scholarship" in seven institutions of higher learning, including Ocean University of China, Qingdao University, Qingdao University of Science and Technology, and the organization of a competition for college students' entrepreneurial plan; set up a "Qingyin Dream Love Fund", and set up Qingdao Bank "motivational classes" and "Ming Zhi classes" in Anshun No.1 Middle School and Anshun No.2 Middle School in Guizhou Province to support 100 poor students.
With warm and high quality service and professional and characteristic management, the bank has won wide recognition from customers and society. For three consecutive years, he has won the "Banking Information Technology risk Management Research Achievement Award" issued by the China Banking Regulatory Commission (the only award-winning city commercial bank), the 18th National Enterprise Management Modernization Innovation Achievement Award, and the Golden Dragon Award issued by the Financial Times. many awards, such as "most innovative small and medium-sized Bank of the year", Golden Dragon Award "Best Management Innovation Bank", Golden Diamond Award "Best City Commercial Bank" and so on. And won the World Bank Top 1000, Asian Bank Top 300th, China's top 500 service enterprises and other honors.