Bank of Handan

Bank of Handan Co Ltd is a state-owned regional commercial bank based in Handan, Hebei, China. It focus on deposits, wealth management, micro loans, foreign exchange, internet banking, and trade finance services. The bank also offer services to institutional and international customers.

History
In 1984, the first urban credit cooperative in Handan was established. In 1994, the Handan Urban Credit Cooperative was established. In October 1996, the Handan Urban Credit Cooperative officially opened. In March 2002, according to the requirements of the financial system reform of the State Council, on the basis of the original 15 urban credit cooperatives in urban areas, it was restructured and reorganized into a single-legal person joint-stock urban credit cooperative.

On October 30, 2007, China Banking Regulatory Commission approved the establishment of Handan City Commercial Bank based on the restructured single-legal person joint-stock urban credit cooperative. On June 10, 2008, the Hebei Banking Regulatory Bureau approved the opening of Handan Commercial Bank Co., Ltd. On July 10, 2008, Handan City Commercial Bank was officially listed. On November 26, 2010, the China Banking Regulatory Commission approved the renaming of Handan City Commercial Bank as Bank of Handan Co Ltd.

On December 28, 2010, Shijiazhuang Branch of Bank of Handan officially opened. At the end of June 2018, there were 32 business outlets, the balance of deposits was CN¥ 16.2 billion, and the balance of full-caliber loans was CN¥ 7.7 billion. On December 30, 2016, Baoding Branch opened; on April 22, 2018, Xingtai Branch opened.

Controversies
In 2022, the Bank of Handan was reported that it was involved in a fraud case related to Lihe Jimin, with the amount involved exceeding CN¥ 210 million.

Award
In 2018, Bank of Handan ranked 662 in Top 1000 World Banks ranking released by magazine The Banker.