Chongqing Fumin Bank

What Chongqing Fumin Bank does

Chongqing Fumin Bank (重庆富民银行) is a private joint-stock commercial bank incorporated in 2016 and headquartered in the Liangjiang New Area of Chongqing, China. The bank is positioned as an inclusive-finance institution whose stated mission is "扶微助创、富民兴邦" (supporting micro enterprises and innovation, prospering the nation through prosperity for the people), and it primarily serves micro, small and medium enterprises (MSMEs) and individual consumers. As of end-2025, it reported total assets of 646.93 billion yuan, total loans of 421.72 billion yuan, total deposits of 430.79 billion yuan, cumulative taxes paid of 25.40 billion yuan, and over 100 million cumulative customers served since founding. Ownership is held by founding shareholders including Fuan Pharmaceutical Group and Hanhua Ziben, with no parent company or public listing identified.

The bank operates a digital-first delivery model consisting of three core products: the Fumin Bank App for individual mobile wealth management and personal banking on iOS and Android; the Corporate Internet Banking platform (enbank.cqfmbank.com) for enterprise customers, secured with U-shield (USB key) authentication and including bank-enterprise reconciliation functionality; and the Account Opening Pre-fill Form service that allows enterprises to submit and track account-opening information online. Distribution is centered on the bank's official website (fbank.com), a WeChat official account, the mobile app, and a 956118 customer service hotline, supporting nationwide reach from a single Chongqing base with a lean headcount of 51-100 employees.

Fumin Bank generates revenue primarily through net interest margins on its 421.72 billion yuan loan book to MSMEs and individuals, with supplementary fee income from wealth-management products on the mobile app and corporate transaction banking services. In June 2026, the bank suspended all medium- and long-term deposit products sold via online channels, an industry-wide defensive response to weak growth in high-quality credit assets and unsustainable high-cost deposit funding models across Chinese banks.

Name

Chongqing Fumin Bank

Legal name

重庆富民银行股份有限公司

Website

https://fbank.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Chongqing Fumin Bank is a private joint-stock commercial bank in China that delivers digital-first inclusive-finance products — mobile banking, internet corporate banking, and enterprise onboarding — to micro, small and medium enterprises and individual consumers.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI), SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

• Commercial banking services
• Inclusive finance
• Digital banking
• Corporate banking
• Wealth management

Headquarters

HQ city

Yubei

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income from Loans: As a commercial bank, Fumin Bank generates primary revenue from interest spreads on loans extended to micro, small and medium enterprises and individual borrowers. The bank had loan total of 421.72 billion yuan as of end 2025.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Chongqing Fumin Bank is a digital-first joint-stock commercial bank providing inclusive finance services including deposits, loans, wealth management, and corporate banking. It serves micro, small and medium enterprises (MSMEs) and individual consumers primarily through its mobile banking app (Fumin Bank App) and internet corporate banking platform, with 646.93 billion yuan in total assets and over 100 million cumulative customers as of end 2025.

Product overview

Chongqing Fumin Bank operates as a digital-focused commercial bank offering a unified digital banking platform with three primary products: the Fumin Bank App for mobile wealth management and personal banking, the Corporate Internet Banking platform for enterprise clients with U-shield secure authentication and bank-enterprise reconciliation capabilities, and the Account Opening Pre-fill Form service for streamlined business account opening. The bank positions itself as a financial technology-driven inclusive finance institution, leveraging fintech to serve real economy development with asset management of 646.93 billion yuan and serving over 100 million cumulative customers since its 2016 establishment.

Differentiator

Problem solved

Functional benefit

Products and services

• Fumin Bank App (富民银行APP)

Quantifiable outcome

• Total assets of 646.93 billion yuan as of end 2025
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Zhongbang Bank (ZBANK): Private online commercial bank focused on SME and inclusive finance. Comparable to Fumin as a digital-first private joint-stock bank serving similar customer segments with a similar business model.
• Sanhua Bank (Sanhua Yinhang): Private online commercial bank in the same regulatory cohort as Fumin, focused on supply chain and SME digital finance. Comparable business model, regulatory category, and customer focus.
• WeBank (Weizhong Bank): China's largest digital-only private joint-stock commercial bank and the closest direct peer. Both Fumin and WeBank are private joint-stock commercial banks founded in the 2014-2016 wave that rely on digital channels to serve retail and SME customers, with comparable business models and inclusive-finance positioning.
• MYbank (Wangshang Bank): Ant Group's digital SME-focused private bank, founded in 2015 as one of the first cohort of Chinese private online banks. Directly comparable to Fumin in target market (small businesses), digital-first delivery, and inclusive finance mandate, though supported by Ant's broader ecosystem.
• XWBank (Xinwang Bank): Another member of China's first private online bank cohort, also focused on digital SME and consumer finance. XWBank shares Fumin's structural profile as a private joint-stock commercial bank with technology-led service delivery and inclusive-finance positioning.

Emerging players

• AIDIAN Group (formerly Lexin): Digital consumer and SME finance platform that, while not a chartered bank, competes for the same underserved MSME and consumer credit demand as Fumin. Comparable as a fintech-led player in China's inclusive finance space.
• Du Xiaoman Financial: Baidu-affiliated digital consumer and SME finance provider that competes for similar MSME borrowers via online channels. Comparable technology-driven approach to financial inclusion, though operates as a licensed consumer finance / micro-loan company rather than a chartered commercial bank.

Broad incumbents

• China Zheshang Bank: National joint-stock commercial bank with strong SME and private enterprise focus, particularly in the Yangtze River Delta. Comparable to Fumin on SME orientation but operates with a much larger branch and corporate banking franchise.
• China Merchants Bank: Large incumbent Chinese joint-stock commercial bank with leading retail and SME banking franchises and a strong digital/mobile platform. Overlaps with Fumin in retail wealth management and SME cash management but operates at materially larger scale and with a much broader product set.
• Industrial Bank: Large joint-stock commercial bank with a meaningful SME and inclusive finance franchise, including a well-known digital transaction banking platform. Overlaps with Fumin on SME and digital banking themes but at substantially greater scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights1 record

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chongqing Fumin Bank