GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
B

Bank of Ningbo Co 002142.SZ · CNY

Financials · Shenzhen · 🇨🇳 China

Compare

34.37

+0.26%

Close of 9 Nov 2026, in CNY

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Bank of Ningbo Co

Its shares trade on Shenzhen under the ticker 002142.SZ. It has been listed since 19 July 2007. In the fiscal year to 31 December 2025, it reported net income of CN¥29.33bn. At that date it held total assets of CN¥3.63trn and shareholders' equity of CN¥253.93bn.

Bank of Ningbo Co., Ltd. engages in the provision of commercial banking services. The company is headquartered in Ningbo, Zhejiang. The company went IPO on 2007-07-19. The Bank provides corporate banking services, including corporate accounts management, corporate deposits, corporate loans, management of payments, financing management, settlement services, trade financing, financing consulting services and corporate investment banking services, among others; retail banking services, including financing services for small companies, as well as value-added information services; personal banking services, including personal savings, personal loans, personal financing, telephone banking and online banking services; financial market services, including foreign exchange trading, bond business, bill discounting, inter-bank offering and options trading, among others, as well as credit card services.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Banks
Listed since
19 Jul 2007
Employees
24,177
Website
nbcb.com.cn ↗

Leadership

Pay as last reported

  • Mr. Huayu LuChairman of the Board, since 2000CN¥2.8m
  • Mr. Lingjun ZhuangVice Chairman of the Board, Head of the Bank, since 2019CN¥2.8m
  • Mr. Weikai LuoFinance Director, Chief Information Officer, Deputy Head of the Bank, Director, since 2006CN¥2.5m
  • Ms. Dandan WangDeputy Head of the Bank
  • Mr. Yongjie WangDeputy Head of the BankCN¥2.5m
  • Mr. Xuesong XuDeputy Head of the Bank
  • Mr. Peijiong FengDeputy Head of the Bank, Director, since 2015CN¥2.5m
  • Mr. Gang YuSecretary of the BoardCN¥2.3m
  • Mr. Delong ChenDirectorCN¥100,000
  • Ms. Xinyu LiuDirectorCN¥100,000
  • Mr. Qinghe QiuDirectorCN¥100,000
  • Ms. Xuemei WeiDirectorCN¥100,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
77
Environment
78
Social
69
Governance
84
Direct emissions (scope 1)
354.91 t
Energy emissions (scope 2)
3,451.15 t
Women in the workforce
55.34549%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Bank of Ningbo Co Ltd has established a strong market presence in the banking industry, particularly in the Ningbo region of China. This allows the bank to leverage its local expertise and customer relationships to drive business growth and customer loyalty.
  • The bank has consistently demonstrated strong financial performance, characterized by steady revenue growth and healthy profitability ratios. This financial strength provides a solid foundation for future expansion and investments.
  • Bank of Ningbo offers a wide range of financial products and services, including retail banking, corporate banking, wealth management, and insurance. This diverse product portfolio enables the bank to cater to the diverse needs of its customers and capture a larger market share.

Weaknesses

  • As Bank of Ningbo primarily operates in the Ningbo region, it may face challenges in expanding its geographical footprint and diversifying risk. This heavy reliance on the local market could limit growth opportunities and expose the bank to regional economic fluctuations.
  • Compared to larger national and international banks, Bank of Ningbo has a relatively small global presence. This may hinder its ability to compete with global players and attract international customers seeking broader banking services.
  • The bank's technological infrastructure and digital capabilities may lag behind its competitors. In an increasingly digital banking environment, this could impact customer experience and limit the bank's ability to offer innovative digital solutions.

Opportunities

  • The rapid economic growth in the Ningbo region presents an opportunity for Bank of Ningbo to expand its customer base and increase market share. By capitalizing on the region's development, the bank can position itself as a key financial partner for businesses and individuals.
  • The digital transformation of the banking industry opens up avenues for Bank of Ningbo to enhance its technological capabilities and offer innovative digital solutions. By investing in digitalization, the bank can improve operational efficiency, attract tech-savvy customers, and stay competitive in the market.
  • Bank of Ningbo has the opportunity to expand its operations beyond the Ningbo region and explore new markets within China. By strategically targeting regions with potential for economic growth and underserved banking needs, the bank can diversify its customer base and strengthen its overall market position.

Threats

  • Banking industry in China is highly competitive, with both domestic and international players vying for market share. The intense competition may pose challenges to Bank of Ningbo's growth and profitability, requiring the bank to constantly innovate and differentiate itself from competitors.
  • Changes in regulations and policies in the banking sector can impact the operations and profitability of Bank of Ningbo. Adapting to new regulatory requirements and maintaining compliance may pose challenges and increase operational costs for the bank.
  • The Chinese economy, like any other, is subject to economic fluctuations and uncertainties. Adverse market conditions, such as recessions or financial crises, can affect the bank's asset quality, loan demand, and overall financial performance.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.