GUANGZHOU RURAL COMMERCIAL BANK

Guangzhou Rural Commercial Bank provides banking and related financial products and services. It operates through four segments: Corporate Banking, Retail Banking, Financial Market Business, and Others. Guangzhou Rural Commercial Bank offers personal deposits, including demand, call, time, and fixed deposits; personal cheques; personal consumption and mortgage loans; credit cards; and personal finance products. It also provides institutional call, agreement, time, and demand deposits; corporat... e financing and credit, such as house development, project, working capital, commercial property mortgage, and fixed asset project loans; international payment and remittance services; and intermediary, trade, and SME financing services. Moreover, Guangzhou Rural Commercial Bank offers investment banking services; short, medium, and long term loans; and domestic and international settlements, and bill acceptance and discounting services. Further, it provides money market placements, investments and repurchasing, and foreign exchange transaction services; inter-bank placements; debit and credit cards; payment collection and insurance agency, safe locker, advisory, and attestation services; and agency services for issuing/redemption and underwriting of government bonds. Additionally, Guangzhou Rural Commercial Bank trades in government and financial bonds; engages in bill, fixed-income, wealth management, and institutional banking activities; and provides Internet, telephone, SMS, mobile, WeChat, self-service, and VTM banking services. It had a total of 631 outlets, including 619 outlets in Guangzhou; 5 branches in Foshan, Qingyuan, Heyuan, Zhaoquing, and Zhuhai, Guangdong province; and 2,170 automated teller machines, as well as 801 self-service inquiry terminals as of December 31, 2018. Guangzhou Rural Credit Cooperative Unions that began operation in 1951 later became Guangzhou Rural Commercial Bank. It has its headquarters in Guangzhou in the People’s Republic of China.More