Bank of Jilin Strengthens Presence in Jilin Province

Bank of Jilin has been steadily increasing its presence in Jilin Province, making it a significant player in the local financial landscape. The bank has a rich history dating back to 1951, when it was established as a provincial bank.

Bank of Jilin has a strong network of branches and sub-branches across the province, with a total of over 200 outlets. This extensive network allows the bank to provide convenient services to its customers.

The bank has been actively expanding its services to cater to the growing needs of its customers. It offers a wide range of financial products and services, including personal banking, corporate banking, and investment banking.

A fresh viewpoint: Banks and Banking Services

Bank of Jilin's financial performance is a vital aspect of its overall health. The bank's income statement reveals a strong presence in the stock market, specifically in equities.

The bank's stock, 6122 Stock, is a notable mention in the income statement and estimates section. Company Jilin Jiutai Rural Commercial Bank Corporation Limited is also mentioned in the same section.

This suggests that Bank of Jilin has a significant stake in rural commercial banking, which could be a key factor in its financial performance.

The Income Statement is a crucial part of a company's financial performance. It provides a snapshot of a company's revenues and expenses over a specific period.

One important thing to note is that the Income Statement is often influenced by the stock market. The stock market can impact a company's stock price, which in turn can affect its revenue and expenses.

Stock market fluctuations can be unpredictable, but they can have a significant impact on a company's financial performance. This is evident in the case of Company Jilin Jiutai Rural Commercial Bank Corporation Limited, which has a stock symbol of 6122 Stock.

Here is a brief overview of the company's stock symbol:

The company's stock symbol is a key identifier in the stock market, and it plays a crucial role in the company's financial performance.

Jilin Jiutai Rural Commercial Bank Corporation Limited's sales have shown a geographical breakdown that's worth noting. The bank's sales in the Jilin Area have consistently increased over the years, reaching 5.65 billion in 2022.

Looking at the numbers, we can see that the Jilin Area has been the bank's strongest sales region. In fact, the sales in this region have more than doubled since 2019, when they stood at 4.66 billion.

The bank's sales in Mainland China (Excluding Jilin Region) have also shown a steady increase. Although the growth rate has been slower compared to the Jilin Area, the sales in this region have still managed to reach 945 million in 2022.

Here's a breakdown of the bank's sales in the Jilin Area and Mainland China (Excluding Jilin Region) over the years:

The bank's sales in the Jilin Area have shown a slight decline in 2023, but the sales in Mainland China (Excluding Jilin Region) have continued to grow.

The Bank of Jilin has a well-established governance structure in place. The bank's Board of Directors is composed of experienced professionals with a diverse range of skills and expertise.

Hui Luo has been the Chairman of the Board since 1999, with a tenure of over 23 years. This level of continuity and stability is a testament to his leadership and vision.

The Board of Directors has a total of 10 members, with a mix of ages and backgrounds. The youngest member, Wang Ying, is 39 years old and joined the board in 2021.

The oldest member, Yu Sheng Zhang, is 75 years old and has been a part of the board since 2015. His wealth of experience and knowledge is invaluable to the bank.

Here is a list of the Board of Directors, including their titles and ages:

The Board of Directors plays a crucial role in overseeing the bank's operations and strategy. They are responsible for making key decisions that impact the bank's performance and direction.

Bank of Jilin offers a wide range of retail banking options, including Deposits, Loans, Internet & mobile banking, and micro-financing.

The bank's services also extend to International trade financing, import/export bills, shipping guarantees, and foreign currency exchange.

You can also use Bank of Jilin for remittance options like Western Union, Swift, and treasury operations, as well as inter-bank deposits.

The bank's entrusted loan services are particularly useful for government enterprises and large corporate entities, allowing them to indirectly lend money to their customers through the bank.

Jiutai Rural Commercial Bank offers a range of products and services to its customers.

The bank's sales by activity provide a glimpse into its revenue streams.

Corporate banking was a significant source of revenue for the bank in 2020, with sales reaching 3.6 billion.

Retail banking also contributed substantially to the bank's sales, with a notable increase in 2021 to 2.5 billion.

On the other hand, treasury operations were a significant drain on the bank's revenue, with a loss of 1.53 billion in 2023.

Here's a breakdown of the bank's sales by activity for the given years:

Bank of Jilin offers a wide range of retail banking options, including deposits, loans, and internet and mobile banking.

Their services also extend to micro-financing, which can be a game-changer for small businesses or individuals in need of short-term funding.

International trade financing, import/export bills, and shipping guarantees are also available, making it easier for businesses to operate globally.

You can also exchange foreign currency, send remittances via Western Union or Swift, and even make treasury operations and inter-bank deposits.

The bank also provides entrusted loan services to government enterprises and large corporate entities, allowing them to indirectly lend money to their customers.

Bank of Jilin has been making waves in the financial industry with its latest developments.

The bank has recently expanded its services to include online banking, making it easier for customers to manage their accounts from the comfort of their own homes.

In 2020, Bank of Jilin's total assets reached 1.36 trillion yuan, a significant increase from the previous year.

The bank's commitment to innovation has also led to the introduction of mobile payment services, allowing customers to make transactions on the go.

Bank of Jilin's customer base has grown steadily over the years, with a total of 12 million customers as of 2022.