CRCBY OTC

Operating in the People's Republic of China, Chongqing Rural Commercial Bank Co., Ltd. and its affiliated entities offer a comprehensive suite of banking and financial solutions. Its operations are structured across three primary divisions: Corporate Banking, Personal Banking, and Financial Market Operations. The Corporate Banking division caters to businesses, government bodies, and other financial institutions, delivering financial products and services such as accepting deposits, extending business loans, facilitating trade finance, providing financial leasing, and other corporate advisory services. The Personal Banking division focuses on individual clients, offering a variety of financial products and services, including savings accounts, personal credit facilities, payment cards, wealth management solutions, and various other individual-centric advisory services. Meanwhile, the Financial Market Operations segment engages in money market and repurchase agreements, alongside investing in fixed-income securities both for its proprietary accounts and for clients. In addition, the bank supports its customers through digital channels, providing mobile, online, and telephonic banking services. Its extensive physical presence, as of December 31, 2021, comprised 1,760 branches, which encompassed its head office and business department, 7 main branches, 35 first-tier sub-branches, 134 second-tier sub-branches, 2 community sub-branches, and 1,580 branch offices. Complementing these are 145 24-hour self-service banking centers. Originally established as the Chongqing Rural Credit Union, the institution adopted its current name, Chongqing Rural Commercial Bank Co., Ltd., in 2008. Tracing its origins back to 1951, the bank maintains its headquarters in Chongqing, China.