China Zheshang Bank

What China Zheshang Bank does

China Zheshang Bank (CZBank) is a national joint-stock commercial bank headquartered in Hangzhou, Zhejiang Province, listed on both the Shanghai Stock Exchange (601916) and the Hong Kong Stock Exchange. The bank operates across four primary segments — Corporate Banking, Small and Micro Enterprises (SME), Retail Banking, and Financial Interbank — serving large and medium enterprises, SMEs, individual customers, and other financial institutions through a multi-channel distribution model combining a national physical branch network, corporate internet banking, mobile banking, WeChat banking, and a Hong Kong branch. CZBank ranked 82nd globally by tier-one capital in The Banker's Top 1000 World Banks 2025 and reported a workforce of 25,016.

The bank's core product architecture is a platform-plus-modules approach anchored by three proprietary internet+ platforms: the Pooled Financing Platform (池化融资平台) — encompassing the Yongjin Bill Pool, Yongjin Export Pool, and Yongjin Asset Pool — designed to solve asset-liability mismatch for corporate clients; the Receivables Chain Platform (应收款链平台), a blockchain-based system converting accounts receivable into digital payment and financing instruments; and the Yiqi Yin Platform (易企银平台), an enterprise services platform for group enterprises and supply chain core firms. Additional specialized products include the Talent Bank (人才银行) brand for high-level professionals and technology enterprises, the Zheshang Trading Treasure (浙商交易宝) online forex trading platform, and an extensive export-import financing suite integrating SAFE cross-border financial services and tax-refund data (Zheshang Data Protection, Export Data Loan, Export Silver-Tax Loan, Import Pool Financing).

Revenue is generated primarily through net interest income from corporate and retail lending and deposit-taking, supplemented by fee and commission income from trade finance, international settlements, credit cards, and wealth management, and by trading/investment income from financial market operations. The bank employs a sales-led GTM with enterprise field sales for trade finance and SME/retail distribution through branch and electronic channels. In late 2025 the bank underwent a leadership transition following a corruption investigation that led to the removal of several executives; Chen Haiqiang was elected Chairman and Lv Linhua appointed President. The bank was also authorized as an e-CNY operator effective January 1, 2026 and demonstrated cross-platform eBL interoperability across GSBN, IQAX, and ICE Digital Trade networks in a live Thailand-China transaction in January 2026.

Name

China Zheshang Bank

Legal name

浙商银行股份有限公司 (Zheshang Bank Co., Ltd.)

Website

https://czbank.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

China Zheshang Bank is a national joint-stock commercial bank headquartered in Hangzhou, serving corporate, SME, retail, and interbank customers across China via proprietary blockchain-based receivables and pool financing platforms, traditional branch banking, and a Hong Kong branch for cross-border trade.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

SME Trade Finance & Working Capital (LCs, Guarantees, Receivables) (FSABABAF), SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD), Corporate Cash Management & Treasury Services (FSAMAOAA)

Keywords

• Commercial banking services
• Supply chain finance
• Trade finance solutions
• Corporate lending products
• Retail banking services

Headquarters

HQ city

Hangzhou

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, Marketing or Sales, Infrastructure

Revenue model

1. Interest Income: Traditional banking interest income from corporate loans, SME loans, retail loans, and deposit-taking operations. Primary revenue stream from interest rate spreads.
2. Fee and Commission Income: Fees from trade finance services, international settlements, credit card services, wealth management products, and electronic banking services.
3. Trading and Investment Income: Revenue from financial market trading operations, bond investments, and treasury operations.
4. Corporate Banking Services: Comprehensive corporate banking services including pool financing, supply chain finance, trade finance, and cash management generating both interest and fee income.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

China Zheshang Bank operates as a national joint-stock commercial bank providing comprehensive banking services including corporate banking, retail banking, SME financing, supply chain finance, trade finance, international settlement, and wealth management. The bank differentiates through proprietary Internet+ and blockchain-based platforms such as the Pooled Financing Platform (池化融资平台), Receivables Chain Platform (应收款链平台), and Yiqi Yin Platform (易企银平台) that transform working capital management, accounts receivable, and supply chain financing for enterprise customers.

Product overview

China Zheshang Bank operates as a comprehensive commercial banking institution offering a multi-segment product portfolio. The bank's corporate services include a suite of proprietary platforms (池化融资平台, 应收款链平台, 易企银平台) that leverage internet and blockchain technologies for liquidity management and supply chain financing. These are complemented by traditional corporate banking products including deposits, loans, bill financing, trade finance, credit enhancement services, investment products (wealth management, blockchain receivables), and RMB settlement services. International business offerings are extensive, featuring platforms such as 浙商交易宝 (online forex trading), 浙商数据保 (foreign exchange data services), 涌金出口池 (export receivables pooling), 涌金全球汇 (cross-border remittance with SWIFT gpi), and various import/export financing products. The retail banking segment covers personal accounts, credit cards, deposit products, personal loans (云宅贷, 财e贷), and investment/wealth management services. The financial markets division provides interbank services, investment banking (bond underwriting, asset securitization), capital markets products, and asset custody (浙银托管). The bank also maintains a dedicated talent banking initiative for high-level talent financing needs. The overall architecture is a platform-plus-modules approach, with proprietary technology platforms integrating with traditional banking products to serve corporate, SME, and retail customer segments.

Differentiator

Problem solved

Functional benefit

Brands

• 涌金票据池 (Yongjin Bill Pool): Pool-based financing platform for corporate bills and instruments
• 涌金出口池 (Yongjin Export Pool)
• 涌金资产池 (Yongjin Asset Pool)
• 应收款链平台 (Receivables Chain Platform)
• 易企银平台 (Yiqi Yin Platform)
• 人才银行 (Talent Bank)
• 浙商交易宝 (Zheshang Trading Treasure)
• 至臻贷 (Zhizhen Loan)

Products and services

• Pooled Financing Platform (池化融资平台)

Quantifiable outcome

• Supply chain finance platform connecting nearly 100,000 enterprises
• +1 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Twelve partnerships are on record, tiered core and flagship.

• Shanghai Digital Innovation Alliance for Shipping and TradecoreStrategic or Co-development Partner · 8 May 2026Partnership for blockchain trading platform enabling commodity verification and inventory-based lending to unlock frozen capital in bulk commodity trading.
• GSBN (Global Shipping Business Network)coreTechnology or Integration · 12 January 2026Consortium partnership for cross-platform electronic bill of lading (eBL) interoperability. China Zheshang Bank participated in successful live demonstration of production-ready eBL transfer across multiple platforms including GSBN, IQAX, and ICE Digital Trade platforms.
• IQAXcoreTechnology or Integration · 12 January 2026Electronic bill of lading platform provider enabling cross-platform interoperability for trade finance transactions.
• ICE Digital TradecoreTechnology or Integration · 12 January 2026Digital trade platform operator providing electronic bill of lading infrastructure for cross-platform transfers.
• New Golden Sea Shipping (COSCO Group subsidiary)coreStrategic or Co-development Partner · 12 January 2026COSCO Group subsidiary that issued eBL for live demonstration transaction linking Thailand and China, proving eBL interoperability capabilities.
• HSBC ThailandcoreStrategic or Co-development Partner · 12 January 2026Partner bank in cross-platform eBL transaction demonstration linking Thailand and China trade corridors.
• Jiangsu Dasheng GroupcoreStrategic or Co-development Partner · 12 January 2026Trade partner that surrendered eBL in cross-platform transaction demonstration, proving operational viability.
• Ruikang Medical (瑞康医药)coreStrategic or Co-development PartnerComprehensive strategic cooperation agreement for banking services including financing, settlement, and financial management solutions.
• Jiangsu Yueda Group (江苏悦达集团)coreStrategic or Co-development PartnerStrategic cooperation agreement for comprehensive financial services including project financing and corporate banking.
• China National Chemical Engineering Group (中国化学工程集团有限公司)coreStrategic or Co-development PartnerComprehensive strategic cooperation for engineering project financing and financial services.
• Zhejiang Economic and Information Commission (浙江省经信委)flagshipStrategic or Co-development PartnerStrategic partnership to promote intelligent manufacturing finance solutions and industrial upgrading support.
• Zhejiang Rongyitong Enterprise Service (浙江融易通企业服务有限公司)coreStrategic or Co-development PartnerComprehensive business cooperation agreement for supply chain finance and enterprise services.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• China Merchants Bank: China's leading joint-stock commercial bank with a strong retail and digital banking franchise. Closely comparable to Zheshang Bank as a national joint-stock peer competing for SME, retail, and supply-chain finance customers, with similar deposit-taking, lending, and trade finance product sets.
• Industrial Bank (兴业银行): Major Chinese joint-stock commercial bank with a well-known focus on green finance, transaction banking, and interbank platforms. Highly comparable in business mix, customer segments, and recent investment in digital and supply chain finance capabilities.
• China CITIC Bank: National joint-stock commercial bank with diversified corporate, retail, and international businesses. Directly comparable in scale tier, listed structure, and product portfolio; both banks emphasize trade finance and digital banking transformation.
• China Minsheng Bank: One of China's largest private-sector joint-stock banks with strong SME and trade finance offerings. Closely comparable on customer segmentation (SME-heavy) and on the strategic priority of digital transformation and supply chain platforms.
• Ping An Bank: Joint-stock commercial bank controlled by Ping An Group, known for retail banking, technology investment, and supply chain finance. Comparable in size, listed status, and emphasis on digital/ fintech differentiation.
• China Everbright Bank: National joint-stock commercial bank with comparable scale and product breadth across corporate, retail, and treasury. Similar in customer mix and in pursuit of digital and fintech capabilities.
• Shanghai Pudong Development Bank: Joint-stock commercial bank headquartered in Shanghai with extensive supply chain finance, trade finance, and digital banking offerings. Comparable in product mix and East China corporate customer base.

Regional players

• Bank of Hangzhou: City commercial bank headquartered in Hangzhou, Zhejiang — same home market as Zheshang Bank. Comparable on SME and digital banking focus, though smaller and more geographically concentrated.
• Bank of Ningbo: Strong regional commercial bank in the Yangtze River Delta with a similar SME and corporate banking orientation. Comparable in customer mix and exposure to the East China private-economy ecosystem that Zheshang Bank also serves.

Broad incumbents

• HSBC: Global incumbent bank active in cross-border trade finance and the eBL interoperability consortium (partnered with Zheshang Bank on the January 2026 demo). Comparable on cross-border trade finance and digital trade infrastructure, though much larger and globally diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments5 records

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

Frequently asked questions about China Zheshang Bank