Bank of Lanzhou Inc. (001227)

Overview

Bank of Lanzhou Co., Ltd., established in 1997 and based in Lanzhou, China, operates as a comprehensive provider of banking products and services across the country. The bank, rooted in the local community, extends its reach across various customer segments including corporations and individuals, aimed at meeting a wide array of financial needs. Through its offerings, Bank of Lanzhou strives to contribute to the economic development of the region, leveraging innovative banking technologies to enhance customer service and operational efficiency.

Products and Services

• Corporate and Personal Deposits: Offers secure savings options for both individuals and businesses, fostering a trustworthy environment for depositors. These services cater to the need for a safe place to store funds, whether for short-term savings or long-term financial planning.
• Personal Loans and Advances: Provides flexible financing solutions to individuals, enabling them to meet their personal goals, be it for education, healthcare, or other personal investments. These customized loan products are designed to match the borrower's repayment capacity.
• Housing Mortgages: Specializes in offering tailored mortgage solutions to homebuyers, facilitating the purchase of residential properties through structured repayment plans that suit different financial capabilities.
• Operating Loans: Supports businesses by providing operating loans which are crucial for day-to-day operations, helping them to maintain liquidity and stability in their operations.
• Consumer Loans: Aimed at individuals, these loans are typically used for purchasing consumer goods and services, offering the flexibility to finance immediate needs and aspirations.
• Business Loans and Advances: Tailored financial products designed to support businesses in their expansion efforts or project financing, thereby contributing to their growth and the broader economy.
• Leasing Services: Provides leasing options for both individuals and businesses, offering an alternative to outright purchase of assets. This service is particularly valuable for acquiring vehicles, equipment, or technology without the need for immediate full payment.
• Wealth Management Services: Offers a variety of investment options and strategies to help clients grow their wealth, tailored to meet individual risk tolerances and financial goals.
• Custody Services: Delivers comprehensive custody and settlement services for securities and other assets, ensuring safety and compliance for investors.
• Electronic Banking Services: Includes a wide range of digital banking solutions such as online, telephone, mobile, and VTM (Video Teller Machine) remote video banking, enhancing accessibility and convenience for customers in managing their finances.