Bank of Tianjin, formerly known as the Urban Credit Cooperative, has undergone several significant transformations since its establishment. Here is a summary of its history:
October 29, 1996: Approved by the People's Bank of China, it was established as the "Tianjin City Cooperative Bank" on the basis of 65 urban credit cooperatives and 2 associated business units. It was among the first batch of 5 urban cooperative banks approved for establishment.
August 1998: Renamed "Tianjin Commercial Bank" in accordance with the requirements of the State Council.
2006: ANZ Bank was introduced as an overseas strategic investor, signaling a significant development in the bank's ownership and strategic direction.
February 2007: With the approval of the China Banking Regulatory Commission, it was renamed "Bank of Tianjin" and granted permission to operate across regions, expanding its scope and reach.
Establishment of First-tier Branches: Bank of Tianjin has established first-tier branches in key cities including Beijing, Shijiazhuang, Shanghai, Jinan, and Chengdu, indicating its growth and expansion strategy.
March 2016: Bank of Tianjin was listed on the Hong Kong stock exchange, marking a significant milestone in its corporate journey and providing access to capital markets for further growth and development.
