Zhongyuan Bank
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Zhongyuan Bank
Zhongyuan Bank is a commercial bank in mainland China that provides financial services. The bank provides services including personal banking, corporate banking, microloans, wealth management and internet banking. It was founded on December 23, 2014, in Zhengzhou, Henan. According to Forbes, it had a market cap of US$2.8 billion and US$5 billion in sales. History Zhongyuan bank was created in 2014 from the merger of 13 smaller banks in Henan. According to the bank's website, the bank hosted study events for its staff in communist party history as well as ideology in 2021 and celebrated the Chinese Communist Party The Communist Party of China (CPC), also translated into English as Chinese Communist Party (CCP), is the founding and One-party state, sole ruling party of the People's Republic of China (PRC). Founded in 1921, the CCP emerged victorious in the ...'s 100 year anniversary. In 2021, in answer to a government push for smaller banks to consolidate in order to cont ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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