About Zhejiang Shaoxing RuiFeng Rural Commercial Bank Company

The company is headquartered in Shaoxing City, Zhejiang Province, and is one of the first agricultural commercial banks to be restructured and established in Zhejiang Province. Formerly known as the Shaoxing County Credit Union, it was included in the national rural financial system reform pilot project in 1987, and the Shaoxing County Credit Union was established after being decoupled from the Agricultural Bank. In 2005, it was restructured as the Zhejiang Shaoxing County Rural Cooperative Bank, and in 2011 it was restructured again as an agricultural commercial bank. The Bank's business system is mainly divided into three sectors: retail finance sector, industrial finance sector, and financial market sector. The retail finance sector mainly includes wealth businesses such as savings and deposits; investment and financial management, consignment sales of funds, precious metals, and insurance; bank card services such as credit cards and citizen cards; electronic banking services such as mobile banking, personal online banking, and billing and settlement; and inclusive finance services such as personal business loans, consumer finance, and rural community financial services. The industrial finance sector mainly includes corporate finance business, small and micro finance business, note business, and international finance business. The financial market sector mainly includes capital business, bond business, foreign exchange business, derivatives business, and financial management business. Corporate honors: The Bank's sales department won the title of “2022 Top 100 Demonstration Units for Civilized and Standardized Service at Banking Business Outlets”, etc. By the end of the reporting period, the Bank had 108 branches, 89 in Keqiao District, Shaoxing City, 16 in Yuecheng District, Shaoxing City, and 3 in Yiwu City. Furthermore, the Bank initiated the establishment of the Shengzhou Ruifeng Village Bank in Shengzhou City, Zhejiang Province.