1551.HK - Guangzhou Rural Commercial Bank Co., Ltd.

HKSE - HKSE Delayed Price. Currency in HKD

Guangzhou Rural Commercial Bank Co., Ltd.

No.1 Huaxia Road
Pearl River New Town Tianhe District
Guangzhou 510623
China
86 20 2801 9324
http://www.grcbank.com

SectorFinancial Services
IndustryBanks - Regional - Asia
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Jikang WangChairmanN/AN/A1961
Mr. Xuefei YiVice Chairman & PresN/AN/A1967
Bin DingHead of Financial DepartmentN/AN/AN/A
Mr. Huiran CaiChief Information OfficerN/AN/AN/A
Mr. Jiaxiong LaiGM of Compliance & Legal Affairs Department and SupervisorN/AN/A1975
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Guangzhou Rural Commercial Bank Co., Ltd. provides banking and related financial products and services. It operates through four segments: Corporate Banking, Retail Banking, Financial Market Business, and Others. The company offers personal deposits, including demand, call, time, and fixed deposits; personal cheques; personal consumption and mortgage loans; credit cards; and personal finance products. It also provides institutional call, agreement, time, and demand deposits; corporate financing and credit, such as house development, project, working capital, commercial property mortgage, and fixed asset project loans; international payment and remittance services; and intermediary, trade, and SME financing services. In addition, the company offers investment banking services; short, medium, and long term loans; and domestic and international settlements, and bill acceptance and discounting services. Further, it provides money market placements, investments and repurchasing, and foreign exchange transaction services; inter-bank placements; debit and credit cards; payment collection and insurance agency, safe locker, advisory, and attestation services; and agency services for issuing/redemption and underwriting of government bonds. Additionally, the company trades in government and financial bonds; engages in bill, fixed-income, wealth management, and institutional banking activities; and provides Internet, telephone, SMS, mobile, WeChat, self-service, and VTM banking services. As of December 31, 2018, it had a total of 631 outlets, including 619 outlets in Guangzhou; 5 branches in Foshan, Qingyuan, Heyuan, Zhaoquing, and Zhuhai, Guangdong province; and 2,170 automated teller machines, as well as 801 self-service inquiry terminals. The company was formerly known as Guangzhou Rural Credit Cooperative Unions and changed its name to Guangzhou Rural Commercial Bank Co., Ltd. The company was founded in 1951 and is headquartered in Guangzhou, the People's Republic of China.

Corporate Governance

Guangzhou Rural Commercial Bank Co., Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.