Bank of Dongguan

Bank of Dongguan Co., Ltd
Company typeMunicipal commercial bank
FoundedSeptember 23, 1999 (1999-09-23)
Headquarters21 Tiyu Road, Dongguan, Guangdong
Revenue CNY¥10.2 billion (US$1.58 billion) (2024)[1]
CNY¥3.93 billion (US$609.3 million)[1]
CNY¥3.73 billion (US$578.76 million)[1]
Total assets CNY¥672.73 billion (US$104.3 billion)[1]
Total equity CNY¥43.64 billion (US$6.77 billion)[1]
Number of employees
5,920[1]
Subsidiaries
  • Bank of Dongguan International Limited
Websitedongguanbank.cn
Bank of Dongguan
Traditional Chinese東莞銀行
Simplified Chinese东莞银行
Transcriptions
Standard Mandarin
Hanyu PinyinDōngguǎn yínháng
Yue: Cantonese
Jyutpingdung1 gun1 ngan4 hang4

Bank of Dongguan (simplified Chinese: 东莞银行; traditional Chinese: 東莞銀行), formerly known as Dongguan Commercial Bank, is a bank founded on September 23, 1999, and changed its name to its current name on March 24, 2008. Bank of Dongguan is one of China's regional commercial banks, headquartered in Dongguan. The bank's outlets are located in 32 towns (streets) in Dongguan, Guangzhou and Zhuhai; The Hong Kong Branch opened in September 2021, which is its first branch outside mainland China.[2]

History

  • September 23, 1999: Dongguan City Commercial Bank was established.
  • March 24, 2008: Dongguan City Commercial Bank was renamed Dongguan Bank.
  • September 27, 2008: Dongguan Bank becomes the sponsor of the new season of Guangdong Hongyuan, the defending champion of the Chinese Men's Basketball Professional League. Guangdong Hongyuan would be called Guangdong Dongguan Bank after.
  • December 16, 2008: Dongguan Bank Guangzhou Branch was established. The branch is located on the first floor of Fengxing Plaza, No. 240 Tianhe Road, Tianhe District, Guangzhou.
  • November 8, 2013: Dongguan Bank Zhuhai Branch was established, with the branch address located at No. 385, Qinglu Middle Road, Xiangzhou District, Zhuhai City.
  • November 1, 2019: Dongguan Bank obtained the naming rights of Dongguan Basketball Center.[3]
  • March 17, 2021: Dongguan Bank was granted a banking license by the Hong Kong Monetary Authority in accordance with the Hong Kong Banking Ordinance,[4] and the former Hong Kong Representative Office was officially upgraded to a Hong Kong Branch.
  • In August 2021, Dongguan Bank established Dongguan Bank International Co., Ltd. in Hong Kong.[5] In October 2024, Dongguan Bank International was granted a banking license.[6]

References

  1. ^ a b c d e f 东莞银行股份有限公司 (2025-04-25). 东莞银行股份有限公司2024年年报 [Bank of Dongguan Co., Ltd. 2024 Annual Report] (PDF) (in Simplified Chinese). Archived (PDF) from the original on 2025-06-29. Retrieved 29 June 2023.
  2. ^ "2022 Annual Report" (PDF) (in Simplified Chinese). Archived from the original (PDF) on 2023-04-30. Retrieved 2023-04-28.
  3. ^ "CBA First Stadium renamed Dongguan Bank Basketball Center to help the nine-time champion's new journey". Tencent Sports (in Chinese). Archived from the original on 2020-11-03.
  4. ^ "Granting of banking license to Bank of Dongguan Co., Ltd" (in Chinese). Archived from the original on March 17, 2021.
  5. ^ Liu, Meiyi. "Dongguan Bank applies for a Hong Kong registered bank license, dabbling in retail city commercial banks, rare prospect of cross-border financial management for customers in the Bay Area". Hong Kong Economic Journal. (in Chinese). Retrieved 2022-05-03.
  6. ^ Ma, Chuanmao. "Another mainland bank obtains a Hong Kong banking license!". Securities Times. Retrieved 2024-11-01.