Bank of Dalian explained

Image Alt:photo of the headquarter of the Bank of Dalian
Type:joint-stock company
Industry:Financial services
Hq Location City:Dalian
Hq Location Country:China
Revenue Year:2015
Income Year:2015
Net Income Year:2015
Assets Year:2015
Equity Year:2015
Ratio: 10.50% (CET1)
Footnotes:in separate financial statements; in Chinese accounting standards[1]

Bank of Dalian Co., Ltd. is a Chinese urban commercial bank, with its headquarters in Dalian, Liaoning Province, China. On March 28, 1998, it was established as Dalian City Commercial Bank and opened its branches only in Dalian. In 2007, it changed its name to Bank of Dalian and has since opened branches in Tianjin, Beijing, Shanghai and five other cities in China.

In 2015, China Orient Asset Management subscribed the new shares of the bank, as well as bought some assets from it. The assets itself were originally a collateral. In 2016 the bank signed a strategic agreement with sister company Dongxing Securities.[2]

Notes and References

  1. Web site: 2015 Annual Report. 28 April 2016. 12 November 2016. Bank of Dalian. Chinese. 17 November 2017. https://web.archive.org/web/20171117080026/http://www.bankofdl.com/CMS5_G20306002Resource?info=440541;res=146243452425442085699. dead.
  2. Web site: 关于与大连银行股份有限公司签署战略合作备忘录的公告. 31 August 2016. Dongxiang Securities. Shanghai Stock Exchange. Chinese.