Understanding Bank of Jiangsu Company Profile and Details

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Bank of Jiangsu is a commercial bank in China that offers a range of financial services to individuals and businesses.

The bank was founded in 1996 and is headquartered in Nanjing, Jiangsu Province.

Bank of Jiangsu has a strong presence in Jiangsu Province, with over 200 branches and sub-branches across the region.

The bank provides a variety of financial products and services, including personal banking, corporate banking, and investment banking.

Financial Performance

The Bank of Jiangsu's financial performance has been steadily increasing over the years, with sales in the corporate finance business reaching 29.1 billion in 2023.

The corporate finance business has seen significant growth, with a 91% increase from 2019 to 2023. This is a notable trend, suggesting that the bank's corporate finance operations are expanding rapidly.

Here's a breakdown of the bank's sales by business segment in 2023:

The bank's personal finance business also saw a notable increase, with sales reaching 17.48 billion in 2023, a 122% increase from 2019.

Industry Comparison

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In the world of finance, comparing companies within the same industry can be a great way to gauge their performance. Abu Dhabi Commercial Bank has a relatively low ESG risk rating of 14.3.

Their industry rank is 105 out of 1024, which is a respectable position. Huntington Bancshares, Inc. also has a low ESG risk rating of 16.4.

Riyad Bank stands out with a medium ESG risk rating of 23.4, placing them 379th in the industry. Bank of Ningbo Co., Ltd. has a similar rating of 24.3, ranking 414th.

Bank of Jiangsu Co., Ltd. has a slightly higher ESG risk rating of 27.8, ranking 595th in the industry.

Here's a comparison of the ESG risk ratings and industry ranks for these companies:

Sales by Activity

The sales by activity of Bank of Jiangsu Co., Ltd. have been steadily increasing over the years. The corporate finance business has been a significant contributor to this growth, with sales reaching 29.1 billion in 2023, up from 28.21 billion in 2022.

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The personal finance business has also seen a notable increase, with sales reaching 17.48 billion in 2023, up from 15.8 billion in 2022. This growth is likely due to the increasing demand for personal financial services.

The treasury operations have experienced significant growth as well, with sales reaching 10.15 billion in 2023, up from 6.23 billion in 2022. This is a substantial increase of 63% in just one year.

Here's a breakdown of the sales by activity for Bank of Jiangsu Co., Ltd.:

The other operations have experienced fluctuations in sales, with a notable increase in 2020 and a decrease in 2022.

600919

The stock with the ticker symbol 600919 has seen a significant change in its value over the past few days.

On February 28, 2025, the end-of-day quote for this stock was 9.130.

A look at the 5-day change shows a decline of -0.54%.

This change is also reflected in the 1st Jan Change, which is -0.44%.

However, if we look at the change from the beginning of the year, the stock has actually declined by -7.03%.

Here's a summary of the changes:

Management and Leadership

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Bank of Jiangsu has an average management score, indicating that the company could improve its ESG programs and practices. The bank's management team is led by Ming Ji, the 63-year-old CEO who has been in the position since July 31, 2015.

The executive committee consists of four members, each with a unique role. Ming Ji is the Chief Executive Officer, while Ren Yu Ge serves as the President, a position he took on September 26, 2022.

Hui Zhao has been the Chief Operating Officer since August 30, 2009, and brings a wealth of experience to the table. Dian Jun Wu serves as the Corporate Secretary, a role he has held since July 31, 2016.

Here is a brief overview of the executive committee:

Company Information

Bank of Jiangsu is a state-owned commercial bank in China. It was founded in 1951.

The bank has a significant presence in Jiangsu province, with over 200 branches and a large network of ATMs. Its headquarters is located in Nanjing, the provincial capital.

Bank of Jiangsu offers a range of financial services, including personal and corporate banking, credit cards, and investment products.

Business Description

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Our company is a leading provider of innovative solutions in the industry. We specialize in developing and manufacturing cutting-edge products that cater to the needs of various sectors.

Our products are designed with the latest technology and are known for their quality and reliability. They are used in a wide range of applications, from healthcare to finance.

We have a strong presence in the global market, with a network of distributors and partners across the world. Our products are exported to over 50 countries, making us a major player in the industry.

Our company has a diverse team of experts who are passionate about delivering exceptional results. We have a flat organizational structure, which enables us to respond quickly to changing market conditions.

We are committed to providing excellent customer service, with a dedicated team that is available to assist with any queries or concerns. Our customers appreciate our prompt response time and personalized support.

Our company has a strong focus on research and development, with a significant portion of our budget allocated to innovation and product development. We have a state-of-the-art research facility where our team of experts work on developing new and improved products.

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Geographical Sales Breakdown

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Bank of Jiangsu Co., Ltd. has a significant presence in the Chinese market, with sales reaching a peak of 56.96 billion in 2023.

The company's sales in China have been steadily increasing over the years, with a growth rate of 11.93% from 2019 to 2020, 7.94% from 2020 to 2021, 22.45% from 2021 to 2022, and 13.11% from 2022 to 2023.

Here's a breakdown of the company's sales in China by fiscal period:

The company's sales in China have been driven by its corporate finance business, personal finance business, and treasury operations, which have all seen significant growth over the years.

Risk and Exposure

Bank of Jiangsu operates in a highly competitive financial market in China, where it faces significant risks and exposures.

The bank's risk management strategy is designed to mitigate these risks, which include credit risk, market risk, and operational risk.

Bank of Jiangsu has a significant loan portfolio, which makes it vulnerable to credit risk, particularly if borrowers default on their loans.

The bank's market risk exposure arises from its investments in securities and derivatives, which can fluctuate in value.

To manage its operational risk, the bank has implemented robust internal controls and risk assessment procedures.

ESG and Governance

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Bank of Jiangsu's governance structure is quite robust, with a clear focus on environmental, social, and governance (ESG) issues.

The company has identified top material ESG issues, which include understanding how exposed they are to specific issues and how well they are managing these issues.

In terms of governance, Bank of Jiangsu has a well-defined board composition, with a mix of experienced professionals and industry experts.

Their board of directors plays a crucial role in overseeing the company's ESG strategy and ensuring that it is aligned with the company's overall goals and values.

Bank of Jiangsu's ESG efforts are closely tied to their governance structure, with a clear focus on transparency and accountability.

Expand your knowledge: China Pacific Insurance Company

Management Team

The management team at Bank of Jiangsu is led by Jian Jiang, who serves as a Director/Board Member since 2012. Jian Jiang is 59 years old.

The Board of Directors at Bank of Jiangsu consists of seven members, including Jian Jiang, Ping Xia, Ming Ji, Jin Song Tang, Jun Hu, Wen Yi Du, and Chen Yu. Each member has a unique background and experience.

Here is a breakdown of the current members of the Board of Directors:

Board Composition

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The Board of Directors at Bank of Jiangsu Co., Ltd. is composed of 10 members, with Jian Jiang serving as a Director/Board Member since 2012.

Ping Xia has been the Chairman since 2013, and Qi Long Zhu took on the role of Chairman in 2016. Both Ping Xia and Qi Long Zhu are 62 years old.

The Board also includes Xin Dan Li, 59 years old, who serves on the Audit Committee, Compensation Committee, and Nominating Committee. Kun Rong Shen, also 62 years old, is a member of the Audit Committee, Compensation Committee, and Nominating Committee.

Here is a list of the Board members and their roles:

Management

Management plays a crucial role in a company's overall success, particularly when it comes to managing its ESG issues.

Our management score assesses the robustness of a company's ESG programs, practices, and policies.

Bank of Jiangsu Co., Ltd. received an average score for its Management of ESG Material Risk.

Frequently Asked Questions

Where is the headquarters of the Bank of Jiangsu?

The headquarters of the Bank of Jiangsu is located in Nanjing, Jiangsu Province. It serves as the bank's central hub, overseeing operations across the region.

What is the swift code for Bank of Jiangsu?

The SWIFT code for Bank of Jiangsu is BOJSCNBN010. This code is used for international transactions with Bank of Jiangsu, a Chinese bank.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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