Bank of Jiangsu Co., Ltd. (600919.SS) Bundle
Founded in 2007, Bank of Jiangsu Co., Ltd. has grown into a major regional lender headquartered in Nanjing with a clear social and strategic compass-its mission "to create a better life" drives customer-centric financial inclusion and community development, while its vision to be "wisdom, characteristic, international and comprehensive" underpins digital transformation, green finance and selective international expansion; as of December 2023 the bank reported total assets of approximately RMB 3.4 trillion, operates over 530 branch outlets across Jiangsu and key Chinese economic regions, and employs more than 15,000 staff, all guided by core values of Integration of Innovation, Practical Responsibility and Lean for Growth that prioritize operational efficiency, ethical stewardship and distinctive service offerings to households and corporations alike
Bank of Jiangsu Co., Ltd. (600919.SS) - Intro
Overview Bank of Jiangsu Co., Ltd. (600919.SS) is a Chinese joint-stock commercial bank headquartered in Nanjing, Jiangsu Province. Established in 2007, the bank has expanded into a major regional lender offering retail, corporate, treasury and wealth-management services across Jiangsu and key economic corridors in China.- Established: 2007
- Headquarters: Nanjing, Jiangsu Province
- Service network: all counties within Jiangsu Province plus presence in the Yangtze River Delta, Pearl River Delta, and Bohai Rim
- Branch outlets: over 530
- Employees: more than 15,000
- Total assets (Dec 2023): ~RMB 3.4 trillion
- Provide secure, accessible and innovative financial services to individuals, SMEs and corporates in Jiangsu and adjacent regions.
- Support regional economic development through tailored credit, trade finance and wealth solutions.
- Maintain prudent risk management while delivering sustainable returns to stakeholders.
- Be the preferred regional bank in the Yangtze River Delta and a competitive national player in integrated financial services.
- Drive inclusive growth by deepening retail penetration, SME finance and digital channels.
- Customer-centricity: prioritize client needs across retail and corporate segments.
- Integrity: uphold compliance, transparency and responsible banking practices.
- Innovation: leverage digitalization to improve accessibility and efficiency.
- Teamwork: cultivate talent and operational excellence across an extensive branch network.
- Sustainability: align lending and investment with long-term regional development goals.
| Metric / Recognition | Value / Note |
|---|---|
| Total assets (Dec 2023) | ≈ RMB 3.4 trillion |
| Branch outlets | Over 530 |
| Employees | More than 15,000 |
| Geographic coverage | All counties in Jiangsu; presence in Yangtze River Delta, Pearl River Delta, Bohai Rim |
| Notable awards | 'Best Partner' from VISA; 'Best Regional Private Bank' from Chinese Banking Association |
- Deepen SME and retail lending in Jiangsu while expanding fee-income businesses (wealth management, transaction banking).
- Accelerate digital transformation to improve service reach and reduce unit costs across 530+ outlets.
- Strengthen risk control frameworks to preserve capital and credit quality amid economic cycles.
- Enhance cross-regional coordination to capture growth in the Yangtze River Delta and other major economic zones.
Bank of Jiangsu Co., Ltd. (600919.SS) - Overview
Bank of Jiangsu's mission is 'to create a better life.' This mission underscores the bank's commitment to enhancing the quality of life for its customers through comprehensive financial services, with explicit emphasis on financial inclusion, community development, and stakeholder well‑being. The customer‑centric mission has steered strategic initiatives such as network expansion, digital product rollout, and targeted lending programs for micro, small and medium enterprises (MSMEs) and household finance.- Mission focus: Create a better life - customer accessibility, inclusion, and practical banking solutions.
- Social responsibility: Community lending, poverty alleviation projects, and regional development financing.
- Strategic priorities: Branch and digital channel expansion, fintech adoption, SME lending, and green finance initiatives.
| Metric | Value | Notes / Period |
|---|---|---|
| Total assets | RMB 2.62 trillion | Year‑end (approx., reported FY2020) |
| Net profit (attributable) | RMB 28.6 billion | FY2020 |
| Return on assets (ROA) | ~1.1% | FY2020 |
| Non‑performing loan (NPL) ratio | 1.28% | FY2020 |
| Capital adequacy ratio (CAR) | ~11.5% | Core regulatory metric (FY2020) |
| Branch network | ~1,570 outlets | Domestic branches and sub‑branches |
| Employees | ~20,000 | Headcount (approx.) |
- Retail banking: expanded micro‑credit and mortgage products to increase household financial access.
- SME support: targeted lending quotas and streamlined credit processes to boost regional employment and enterprise resilience.
- Digital transformation: mobile and online banking adoption to reach underserved customers while lowering transaction costs.
- Green & inclusive finance: underwriting of local infrastructure and green projects consistent with sustainable development goals.
Bank of Jiangsu Co., Ltd. (600919.SS) - Mission Statement
Bank of Jiangsu positions its mission around delivering secure, innovative, and customer-centric banking that supports regional economic development while accelerating digital and green finance transformation. The mission is executed through four strategic pillars - wisdom (智能), characteristic (特色), international (国际化) and comprehensive (综合化) - each guiding product design, risk management, and market expansion.- Wisdom: invest in fintech, AI-driven risk controls, and intelligent customer service to improve efficiency and personalization.
- Characteristic: develop differentiated products for Jiangsu's manufacturing, export, SMEs and wealthy clients to strengthen market distinctiveness.
- International: expand cross-border services, correspondent banking, and RMB internationalization to support corporate globalization.
- Comprehensive: broaden the product suite across retail, corporate, wealth management, custody and green finance to serve full lifecycle needs.
- Digital transformation - upgrade core systems, mobile channels and data platforms to raise digital penetration and reduce operating expense ratio.
- Green finance - scale sustainable lending, green bonds and ESG-linked products to align with national carbon peaking/carbon neutrality goals.
- Risk resilience - maintain capital adequacy and asset quality while pursuing controlled expansion into international markets.
- Customer reach - deepen SME and retail footprints in Jiangsu province while selectively serving outbound trade and cross-border corporate clients.
| Metric | Value (reported) | Reporting Date / Note |
|---|---|---|
| Total assets | RMB 2.72 trillion | End-2021 (annual report) |
| Net profit (attributable) | RMB 24.3 billion | FY2021 |
| Operating income | RMB 78.6 billion | FY2021 |
| Non-performing loan (NPL) ratio | 1.20% | FY2021 |
| Capital adequacy ratio (CAR) | 12.89% | FY2021 (consolidated) |
| Return on equity (ROE) | 9.8% | FY2021 |
- Digital channels: target increases in mobile active users and self-service transaction ratios to reduce cost-to-income and improve cross-sell rates.
- Green finance targets: scale green loans and bonds by double-digit percentages year-on-year, aligning portfolio with provincial sustainability plans.
- International footprint: expand correspondent relationships and trade finance corridors to support Jiangsu manufacturers' exports, measured by cross-border transaction growth.
- Product differentiation: roll out sector-tailored financing (advanced manufacturing, high-tech, ports/logistics) to boost SME loan share and fee income diversification.
Bank of Jiangsu Co., Ltd. (600919.SS) - Vision Statement
Bank of Jiangsu's vision centers on becoming a regionally dominant, nationally respected commercial bank that delivers sustainable value for customers, shareholders and communities through innovation, responsibility and operational excellence. This vision is driven directly by the bank's stated core values: Integration of Innovation, Practical Responsibility and Lean for Growth - values that shape strategy, product design, capital allocation and stakeholder engagement.- Integration of Innovation - embedding fintech, data-driven credit scoring and process automation across retail, corporate and treasury operations to raise service quality and risk management precision.
- Practical Responsibility - committing capital and programs to green finance, inclusive lending to SMEs and rural customers, and transparent governance practices consistent with regulatory and social expectations.
- Lean for Growth - continuous efficiency drives (branch network rationalization, digital channel migration, low-cost deposit growth) to raise profitability per employee and improve capital returns.
- Digital transformation: expand mobile and online active customers, automate credit approval for retail and small business segments, and increase digital transactions to reduce cost-to-income ratio.
- Green finance: grow green loans, green-bond underwriting and sustainability-linked lending to support provincial carbon-reduction targets and energy-transition projects.
- Operational efficiency: optimize branch footprint, centralize back-office functions and deploy process lean-management to lift return on equity.
| Metric | Reported/Target (Most recent annual) |
|---|---|
| Total assets | RMB 1.05 trillion |
| Net profit (annual) | RMB 8.5 billion |
| Return on equity (ROE) | 8.2% |
| Non‑performing loan (NPL) ratio | 1.9% |
| Capital adequacy ratio (CAR) | 13.1% |
| Cost-to-income ratio | 42.5% |
| Green loans outstanding | RMB 92.0 billion (≈8.8% of loans) |
| Digital active customers | 6.3 million |
| Branches and sub-branches | 420 |
- Customer impact - faster credit decisions for SMEs via automated underwriting; expanded green mortgage and equipment loans for energy-efficient projects.
- Community engagement - targeted financial inclusion programs in rural Jiangsu and SME advisory services to foster local economic resilience.
- Investor relevance - steady ROE and improving efficiency metrics intended to strengthen long-term shareholder value.
Bank of Jiangsu Co., Ltd. (600919.SS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.