Zhejiang Tailong Commercial Bank Business Operations and Performance

Zhejiang Tailong Commercial Bank has a strong presence in the Chinese banking industry. It is a provincial-level bank that operates in the Zhejiang province.

The bank's business operations are focused on providing a wide range of financial services to its customers. It offers deposits, loans, and other banking products to individuals and businesses.

Zhejiang Tailong Commercial Bank has a significant presence in the province, with a large network of branches and ATMs. This allows it to serve a large customer base.

The bank's performance has been impressive, with steady growth in its assets and profits over the years.

Zhejiang Tailong Commercial Bank is a Chinese bank with a rich history dating back to 1996. It was established in Hangzhou, the capital city of Zhejiang Province.

The bank has undergone significant transformations over the years, expanding its services and operations to meet the growing needs of its customers. Its main business scope includes corporate banking, personal banking, and financial services.

Zhejiang Tailong Commercial Bank has a strong presence in the region, with a network of over 200 branches and sub-branches across Zhejiang Province. This extensive network allows the bank to provide convenient services to its customers.

The bank's mission is to provide high-quality financial services to its customers, while also contributing to the economic development of the region. Its commitment to innovation and customer satisfaction has earned it a reputation as a reliable and trustworthy financial institution.

Zhejiang Tailong Commercial Bank has achieved impressive financial performance. The bank's assets grew by 15% in 2020, reaching a total of 123.6 billion yuan.

The bank's net interest income has consistently increased over the years, reaching 4.5 billion yuan in 2020. This is a significant increase from 3.8 billion yuan in 2018.

The bank's non-performing loan ratio has remained relatively low, at 1.2% in 2020. This indicates a strong loan portfolio and a well-managed risk management system.

Financial performance is a crucial aspect of any company's success. A key indicator of financial performance is annual revenue.

Annual revenue refers to the total income earned by a company within a specific period, usually a year. This figure can give you an idea of a company's size and financial health.

The annual revenue of a company can be influenced by various factors, such as market demand, competition, and the company's business strategy. Companies with high annual revenue tend to have more financial resources to invest in growth and expansion.

The Zhejiang Tailong Commercial Bank Co., Ltd. annual revenue was $2.5 billion in 2025.

Returning to financial stability after a setback can be a challenging but crucial step. It's essential to review your budget and identify areas where you can cut back on unnecessary expenses.

In our previous section, we discussed how to create a budget that works for you, and it's time to put that plan into action. By sticking to your budget, you can begin to rebuild your financial stability and make progress towards your long-term goals.

Reducing debt is a key part of returning to financial stability. According to our section on managing debt, paying off high-interest loans and credit cards can save you hundreds or even thousands of dollars in interest payments over time.

In addition to paying off debt, it's also important to build up your savings. As we discussed in our section on saving for emergencies, having a cushion of savings can help you weather financial storms and avoid going further into debt.

By focusing on debt reduction and savings, you can create a solid foundation for your financial future and start to feel more secure and in control.

Zhejiang Tailong Commercial Bank has a strong focus on innovation in its bank operations. The bank's online banking system allows customers to manage their accounts and conduct transactions from the comfort of their own homes.

The bank's ATMs are conveniently located throughout the province, making it easy for customers to access their cash when they need it.

Zhejiang Tailong Commercial Bank Co., Ltd. is based in Taizhou, Zhejiang.

Understanding a bank's location is crucial for its operations, and in this case, Zhejiang Tailong Commercial Bank Co., Ltd. has a clear presence in Taizhou, Zhejiang.

The bank's location in Taizhou, Zhejiang, is a key factor in its ability to serve the local community and provide financial services to its customers.

TLB has a strongly decentralized structure, delegating many authorities to its branches and sub-branches, allowing for approximately 80% of all loan decisions to be made at the sub-branch level.

This decentralized approach enables TLB to quickly respond to the needs of its clients, a crucial factor in the fiercely competitive Chinese market.

In the inception phase, TLB was performing adequately, but it struggled to attract and retain clients due to the competitive landscape.

To stay ahead, TLB developed unique products for SMEs, specifically tailored to address their lack of collateral, which is often a requirement for bigger banks.

TLB's innovative approach has paid off, with special loans secured only through guarantors taking up more than 90% of total loans outstanding in terms of volume and 99% in terms of the number of clients.

As we explore the inner workings of bank operations, it's essential to understand the roles and responsibilities of key personnel. Guang Zeng is the Product Director of Zhejiang Tailong Commercial Bank Co., Ltd.

Their role involves overseeing the development and implementation of products and services that meet the needs of the bank's customers. This includes everything from loan products to deposit accounts.

In this position, Guang Zeng plays a crucial role in shaping the bank's product offerings and ensuring they align with the bank's overall strategy.

The SWIFT code is a crucial piece of information when sending money to China, and for Zhejiang Tailong Commercial Bank, it's no exception. The SWIFT code for Zhejiang Tailong Commercial Bank in China is ZJTLCNBH.

This code is specific to the bank's Taizhou branch, which is located in Taizhou, China. To send money to China, you'll need this code, along with the recipient's full name and bank account number.

In the competitive banking industry, Zhejiang Tailong Commercial Bank faces stiff competition from other financial institutions.

One of its main competitors is the Hangzhou Bank, which offers similar services such as personal and corporate banking, credit cards, and investment products.

The Zhejiang Provincial Commercial Bank is another key competitor, with a strong presence in the region and a wide range of financial products.

The Zhejiang Shengxiaobai Bank is also a notable competitor, known for its innovative banking solutions and customer-centric approach.

While these competitors offer robust services, Zhejiang Tailong Commercial Bank stands out with its focus on digital transformation and financial inclusion.

The bank's commitment to using technology to improve customer experience and efficiency has earned it a loyal customer base.

Zhejiang Tailong Commercial Bank's financial products and services are designed to meet the unique needs of its customers, making it an attractive option for those seeking personalized banking solutions.