Bank of Taizhou

The Taizhou City Commercial Bank ( TZCB ) from Taizhou, Zhejiang Province, China, was established on 13 March 2003 from a merger of eight local credit cooperatives and is the largest of three local commercial banks in the region. In contrast to most of the competitors in the Chinese banking market TZCB acts independently of political influence because of a government, statutory minority share of only 5%. A total of 40 % of company shares are held by industrial investors, including 10% with the China Merchant Bank and the Geely Group Automovtive. The Ping An Insurance Group holds 15% of shares

In December 2005, the TZCB and Baotou Commercial Bank (Inner Mongolia ) were the first partner banks in the " Chinese Commercial Financing Project for Sustainable Micro System Enterprises", a micro finance project from a cooperation between the World Bank, China Development Bank and Bank for Reconstruction (KfW). With a share of 30 % of the total business activities of the microfinance business has since been a decisive role in the company's success in recent years.

The proportion of notleidenen loans as of the end of the 3rd quarter of 2009 with 0.4 % of the total lending volume, well below the national average.

In a 2007 published by KPMG Management Consulting analysis of 100 Chinese commercial banks, which TZCB finished in twelfth place. In 2008 she also placed third in the "Comprehensive Competitiveness rank of national city commercial banks ", performed by Chinese financial magazine "The Banker".