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Is Wuxi Bank a regular bank?
Wuxi Bank is a regular local city commercial bank. Approved by China Banking Regulatory Commission, it was established on June 5438+2, 2007. It is the first joint-stock commercial bank in Jiangsu Province, headquartered in Wuxi City, Jiangsu Province. In addition, Wuxi Xishang Bank, as the second private bank in Jiangsu Province and the first private bank in Suzhou, Wuxi and Changzhou, has also been approved by China Banking Regulatory Commission and China Insurance Regulatory Commission. It was jointly established by eight outstanding private enterprises in Jiangsu Province, including Hodo Group Co.,Ltd. Co., Ltd., with a registered capital of 2 billion yuan, and officially opened on April 16, 2020. Therefore, Wuxi Bank and its subsidiary Wuxi Xishang Bank are officially approved by the state and are formal banks.
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