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GRCB Wins “Advanced Unit Supporting SMEs in National Banking”

     On October 23, China Banking Regulatory Commission (CBRC) held the 2015 Promotion Meeting for Appraising and Commending Financial Services for Small and Micro Enterprises in National Banking in Beijing. At the meeting, GRCB was granted the title of “Advanced Unit for Financial Services of Financial Institutions Supporting Small and Micro Enterprises in National Banking”, becoming the only bank to do so in Guangzhou.

     In recent years, GRCB has always implemented the strategy of “small micro finance, and community finance”. Relying on its rich branch resources and native dominance, GRCB is dedicated to delivering “professional, concentrated, exclusive” small micro finance services. As at the end of September 2015, small micro loan balance of GRCB accounted for 36% of its total loan balance. GRCB’s personal operational loan balance accounted for 17.2% in the same trade, with the scale and percentage ranking the top in financial trade of Guangzhou. The granting of this title was regulators’ highly recognition for GRCB supporting small and micro enterprises and entity economies, furthering improving GRCB’s brand image and social influence.

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