Bohai Bank is the first national joint-stock commercial bank approved by the State Council, the first Chinese commercial bank that brought in a foreign strategic investor in the stage of initiation and establishment, and also the first national joint-stock commercial bank headquartered in Tianjin. Jointly initiated and founded by Tianjin TEDA Investment Holding Co., Ltd., Standard Chartered Bank (Hong Kong) Limited, China Ocean Shipping (Group) Corporation, the State Development and Investment Corporation, Baosteel Group Corporation, Tianjin Trust Co., Ltd. and Tianjin Shanghui Investment GmbH, Bohai Bank has a total registered capital of RMB 8.5 billion. It was established in December 30, 2005 and officially opened for business in February 2006. As of the end of February 2011, Bohai Bank has set up 13 branches and 38 sub-branches in 13 major cities across China.
As of the end of 2010, Bohai Ban’s total assets reached RMB 265.086 billion, up 125.57 percent compared with the year beginning, and total liabilities reached RMB 255.67 billion, up 127.72 percent over the year beginning, while its non-performing loan rate was only 0.11%, with after-tax net profit of RMB 778 million, up 203.31 percent year on year.
Bohai Bank successfully elbowed its way into top 200 among the Asian Banker 300 year 2009-2010 by ranking 199th in overall strength, moving up 59 spots compared with 2009. Bohai Bank was also named for the third consecutive year as one of the 2009 Top 10 Commercial Banks in Support of the Development of SMEs of China by the fourth Annual Meeting of Chinese Leaders of SMEs. At the first Best Examples of Brand ranking activity, the Bank became one of the Top 10 Best Brands of SME Financial Services in China. Bohai Bank was also recognized by the 2009 Wisemoney Financial Wealth Management Ranking with the award of “2009 Most Potential Joint-stock Commercial Bank”, and by the second China General Wealth Management Ranking with the award of “Most Competitive Bank”. In December 2010, Bohai Bank’s debit card and mobile banking services won the Award of the Best Debit Card and the Best Mobile Banking in 2010 by Money Week. In the Sohu 2010 Financial Planning Online Activities, Bohai Bank bagged the award of "the Most Trusted Banking Money Product Brand by Internet Users in 2010."
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