Bank of Tianjin

Bank of Tianjin is the first ever Tianjin-based financial institution IPO in Hong Kong and this is also a big event for China financial sector. Mr. Yan, vice Mayor of Tianjin attended the ceremony in Hong Kong, showing great support to the bank from Tianjin government. Bank of Tianjin is the only city commercial bank headquartered in Tianjin, one of the four direct-controlled municipalities in China. According to The Banker, a UK publication, the company ranked 219th among the "Top 1000 World Banks" in 2015, in terms of tier-one capital as of December 31, 2014, and ranked 32nd among all PRC commercial banks, ninth among PRC city commercial banks which are on the list. As of September 30, 2015, the company's total assets, total loans and advances and total deposits increased to RMB545.7 bn, RMB185.7 bn and RMB328.4 bn.