Local joint-stock commercial banks established by the municipal government and enterprises. The organizational evolution of Yinchuan Commercial Bank has gone through the period of urban credit cooperatives, the period of establishing Yinchuan Commercial Bank and the period of developing Yinchuan Commercial Bank.
First, the period of urban credit cooperatives (19871-1997 April)
During this period, five urban credit cooperatives with independent legal personality and four business departments of urban credit cooperatives without legal personality but with independent accounting qualifications were established in Yinchuan City and Xincheng District. 1In September 1998, three urban credit cooperatives in Litong District of Wuzhong City were restructured, merged and reorganized into wuzhong Urban Credit Cooperatives, and in August 2006, they were acquired and reorganized into Wuzhong Branch of Yinchuan City Commercial Bank with the approval of the People's Bank of China. Its institutional evolution is briefly described as follows:
(1) Yinchuan Credit Cooperative. Yinchuan City Commercial Bank was established in June 1987 and 1, with two business outlets, which were changed to Dongcheng Branch and Shangcheng Branch respectively.
(2) Yinchuan Xicheng Urban Credit Cooperative, established in August 1995, has four business outlets. After the establishment of Yinchuan City Commercial Bank, it was successively changed into Xinhua Branch, Xincheng Branch, Zhongshan Branch and Ximen Branch.
(3) Yinchuan Fuxing Bridge Urban Credit Cooperative. 199 1 was established in February and has three business outlets. After the establishment of Yinchuan City Commercial Bank, it was changed to Xingqing Sub-branch, Xinhua East Street Sub-branch (later renamed Xinhua West Street Sub-branch) and Fuxing Sub-branch (later renamed Shanghai Road Sub-branch).
(4) Yinchuan Xixia City Credit Cooperative. 1April 1993, three business outlets were established. After the establishment of Yinchuan City Commercial Bank, it was changed into Donghuan Sub-branch, Xincheng Sub-branch and Xita Sub-branch.
(5) Ningxia Urban Credit Cooperation Center. Established in June, 1993, with 6 outlets. After the establishment of Yinchuan City Commercial Bank, it was changed into Xicheng Sub-branch, Hubin Sub-branch, Guangming Sub-branch, Nanxun Sub-branch, Beihuan Sub-branch and Minzu North Street Sub-branch.
(six) four business departments of urban credit cooperatives with independent accounting qualifications.
1, Science and Technology Business Department of Fuxingqiao Urban Credit Cooperative of Yinchuan City (hereinafter referred to as Science and Technology Credit Cooperative), Yinchuan City Commercial Bank was changed to Science and Technology Branch after its establishment.
2. After the establishment of Yinchuan Commercial Bank, the Zhongshan Business Department of Yinchuan Credit Cooperative (hereinafter referred to as Zhongshan Credit Cooperative) was changed to Limin Branch.
3. Yinchuan Fuxing Bridge City Credit Cooperative Business Department (referred to as Minsheng Credit Cooperative) has two business outlets. After the establishment of Yinchuan Commercial Bank, it was changed to Minsheng Sub-branch and Yongkang Sub-branch.
4. Ximen Business Office of Zhongshan Branch of Ningxia Urban Credit Cooperative (hereinafter referred to as Dahua Credit Cooperative) was changed to Jiefang West Street Branch (later renamed Development Zone Branch) after the establishment of Yinchuan City Commercial Bank.
II. Establishment Period of Yinchuan Commercial Bank (April1997-June1998+1October)
(1) preparatory stage of Yinchuan Commercial Bank (Yinchuan Cooperative Bank) (1997 65438+ 10/May 998)
(II) Preparatory stage of Yinchuan Commercial Bank (May 1998-July1998)
(III) Opening stage of Yinchuan Commercial Bank (June 65438+July 0998-June 65438+1October 0998)
On July 3rd, the inaugural meeting and the first shareholders' meeting of Yinchuan Commercial Bank were held, at which the first board of directors and the board of supervisors were elected. The first meeting of directors and supervisors elected He Zhongsen as the chairman and Wei Dingbang as the supervisor respectively.
1September, 1998, the head office of the People's Bank of China officially approved the establishment of Yinchuan Commercial Bank and issued a license to operate financial business. At the same time, the Industrial and Commercial Bureau of Ningxia Hui Autonomous Region issued the Business License for Enterprise as a Legal Person. Since then, the preparatory work of Yinchuan Commercial Bank has been completely completed.
Iii. Development Period of Yinchuan Commercial Bank (1998 10 to 2007 12)
1998101On October 28th, Yinchuan City Commercial Bank held its opening ceremony in front of the former Yinchuan City Commercial Bank office building at No.2 Gulou North Street, Yinchuan City. Ma Qizhi, Chairman of the People's Government of Ningxia Hui Autonomous Region, and Ma Sizhong, Chairman of the Political Consultative Conference of the Autonomous Region, unveiled the Yinchuan Commercial Bank. Since then, Yinchuan Commercial Bank has been officially listed, and Yinchuan Commercial Bank has entered a period of development.
Iv. Period of Ningxia Bank (/10 2007 from 2007 to present)
On February 28th, 2007, with the approval of China Banking Regulatory Commission, Yinchuan Commercial Bank was officially renamed Ningxia Bank, which opened a new chapter in its historical development.