China Guangfa Bank Co.,Ltd.

China Guangfa Bank Co., Ltd

Guangfa Bank Co., Ltd., established in Guangzhou, is one of the first joint-stock commercial banks in China. It is located at 713 Dongfeng East Road, Yuexiu District, Guangzhou City, Guangdong Province.

Guangfa Bank Co., Ltd. adheres to the core values of "integrity, responsibility, innovation and dedication", keeps in mind the historical mission of "serving customers, repaying shareholders, achieving employees and contributing to the society", practices the service concept of "knowing each other and serving you wholeheartedly", and strives to achieve the strategic goal of "national first-class commercial bank".

Enterprise development

April 8, 2011, Guangzhou

Guangdong Development Bank officially announced: with the approval of regulatory authorities and relevant government departments, the original registered name of "Guangdong Development Bank Co., Ltd." will be changed to "Guangfa Bank Co., Ltd." for short, "Guangfa bank"; the English name will be changed to "China Guangfa bank"; and the corporate address will be changed to "Dongfeng East Road, Yuexiu District, Guangzhou City" 713 "(the location of the head office remains unchanged, only the address and house number are changed).

On May 13, 2020, as the first group of initiators, we launched the "digital transformation partnership action" initiative with the national development and Reform Commission.

Enterprise honor

On November 19, 2019, the list of Asian financial competitiveness in 2019 was announced, and Guangfa Bank Co., Ltd. won the "asset management bank of 2019" award and the "innovative bank of comprehensive financial services of 2019" award.

On January 11, 2020, China Guangfa Bank Co., Ltd. ranked 327th in the "top 500 list of China's corporate social responsibility in 2019".

In November 2020, it was rated as the national advanced collective of internal audit from 2017 to 2019 by China Internal Audit Association.

On December 25, 2020, it was selected as the excellent case unit of industrial poverty alleviation in the third China excellent poverty alleviation case report meeting.

Business events

In September 2020, the China Banking and Insurance Regulatory Commission (CIRC) seriously investigated and dealt with a number of cases of violation of laws and regulations. In view of a number of violations of laws and regulations, such as issuing financial products to unqualified individual investors to invest in equity assets and issuing credit loans to related parties, the bank was fined 92.8306 million yuan, and one responsible person was given a warning and fined 50000 yuan.