
On record
This profile is no longer actively maintained, with the information now possibly out of dateYu Xiaogang, Founder of Green Watershed

On record
This profile is no longer actively maintained, with the information now possibly out of dateYu Xiaogang, Founder of Green Watershed
Website | http://www.nbcb.cn/ywb/index.shtml |
Headquarters |
No. 294, Zhongshan East Road
Ningbo, Zhejiang
China
|
CEO/chair |
Mr. Lu Huayu Chairman |
Supervisor | |
Ownership |
listed on Shenzhen Stock Exchange
|
Bank of Ningbo is a shareholding commercial bank that was established in April 1997. In July 2007 it was listed on the Shenzhen Stock Exchange. By September 2011 the bank owned 8 branches and had 126 sub-branches, operating in cities such as Shanghai, Nanjing, Hangzhou, Shenzhen, Suzhou, Wenzhou, Beijing, and Wuxi.
The bank offers a variety of services to individuals, corporate, and small business clients. Services include the following: loans; deposits; trade financing; financing services for small companies; personal savings; foreign exchange trading; bond business; and credit card services.
2008 - None
2009 - None
2010 - None
2011 - None
2012
Official announcement of the "2012 Bank of Ningbo Credit Policy," which requires the restriction of credit extensions to "Two Highs" industries, and according to the principles of "total control, choose the superior and limit the inferior, and advance and retreat", and through a thorough search of credit business, to methodically establish a list of companies with excess capacity to be limited and supervised, and to endorse the gradual limitation of authority of the entire credit industry.
This page evaluates Bank of Ningbo's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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