Is Langfang Bank risky?

Langfang Bank is a local bank. Although it has certain professionalism and stability, its anti-risk ability is still relatively weak compared with the general large commercial banks. From this point of view, it seems to increase the risk. Since the risk is magnified, it is natural to have a higher interest rate to balance the risk.

Langfang Bank was formally established on February 29th, 2000. It is a national corporate financial institution, with 1 business department, 2 branches (Shijiazhuang and Tianjin) and more than 60 business outlets at all levels, realizing cross-regional operation.

The types of financial products have developed from 10 at the beginning to 100, such as deposits, loans, remittances, bank cards, bond transactions, inter-bank business, bank acceptance bills, bill discount, telephone banking, self-service banking, credit guarantee and intermediary agency business. Successfully introduced strategic investors of Bank of Beijing. It took the lead in implementing and passing the ISO900 1 and ISO 1400 1 quality/environmental management system integration certification in the national financial system.

Langfang Bank has always been committed to social responsibility, actively participated in social welfare undertakings and established a good corporate image. Over the years, Langfang Bank has provided financing for small and medium-sized enterprises for more than 120 billion yuan, paid over 700 million yuan in taxes for the country and regions, and invested more than 1 100 billion yuan in earthquake relief, student aid, poverty alleviation, and military-civilian co-construction, which has won wide acclaim and unanimous praise from all walks of life.

Langfang Bank has successively won many honors, such as the National May 1st Labor Certificate, the National Worker Pioneer, the National Model Enterprise of Harmonious Labor Relations, and the China Banking Civilized and Standardized Service Demonstration Unit. Langfang banking has become an effective force to support local economic and social development and a dazzling financial pearl in Beijing, Tianjin and Hebei.

Langfang Bank ranks among the top 100 city commercial banks in China and has been widely recognized by the banking industry:

Langfang Bank ranked eighth in the comprehensive evaluation of the competitiveness of commercial banks in China in 2009 by Banker magazine, third in the comprehensive evaluation of commercial banks in small and medium-sized cities nationwide, third in the comprehensive evaluation of urban commercial banks in Bohai Economic Zone, and second in the single evaluation of profitability of urban commercial banks nationwide.

Langfang Bank has successively won the Asian Famous Brand Award, the China Financial Innovation Award and the most influential small and medium-sized bank in China.

On February 28th, 2008, 65438 "The 50 Most Influential Events of China's Financial Reform and Opening-up and the Ranking of the Best Financial Institutions in China in 2008" jointly organized by the Financial Times and the Institute of Finance of China Academy of Social Sciences was held in the Great Hall of the People. In 2008, Langfang Bank won two awards of "Best Growing Small and Medium-sized Bank" and "Best Small City Commercial Bank" in China, and it is one of the 30 most competitive financial institutions in China.

Langfang Bank has successively won the national advanced unit of quality service, the national advanced unit of employee professional ethics construction and the national advanced collective of archives management.