Cnaps Codes City commercial bank 城市商业银行

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China’s city commercial bank were created during the 1990’s by city governments through the active merging and restructuring of China’s 5,000 or more urban credit cooperatives to resolve a number of issues that had developed within the sector.

The first city commercial bank to be established was Shenzhen City Commercial Bank in 1995.

By the end of 1998, the initial wave of restructuring had created 88 city commercial banks, leaving 3 240 urban credit cooperatives.

Since then still more city commercial banks have been formed, so that today the number stands at city commercial banks and around 2300 urban credit cooperatives.

List CNAPS Codes 中国现代化支付系统号, City commercial bank 城市商业银行

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Pascal FROMAGER

With more than 25 years of experience navigating the financial, HR, and tax challenges businesses face, I bring a wealth of practical insight to every topic. As a former Chief Financial Officer (CFO) and a graduate of the University of Rennes, I established Juristique to share this expertise in business law. My commitment is to provide ongoing regulatory monitoring and to transform complex administrative publications into clear, precise, and practical resources for readers. All content is rooted in rigorous analysis of official texts and institutional sources, ensuring reliable and regularly updated information.