As one of the twelve nationwide joint-stock commercial banks, CZBank officially commenced business on August 18, 2004, with its head office in Hangzhou, Zhejiang Province. CZBank is an “A+H” listed bank and a domestic systemically important bank in China. Since its establishment, CZBank has maintained a foothold in Zhejiang while adopting a global vision. The bank has been committed to serving national strategies, providing high-quality and efficient financial services to society, and has grown into a sound commercial bank with solid fundamentals, strong profitability and prudent risk management.

Anchoring the development vision of being “a first-class commercial bank”, CZBank has always adhered to taking the comprehensive strengthening of the Party’s leadership as the fundamental guarantee, taking Deepening the Development in Zhejiang and serving the real economy as the foothold, taking reform and innovation and refining governance as the basic path, and taking risk prevention and safe development as the bottom-line requirement. We thoroughly practice the strategies of developing the bank through management, improving the Bank through services, prospering the Bank through technology, and strengthening the Bank through talents, continuously build distinctive competitive advantages, systematically consolidate the foundation for steady development, and embark on a new journey of high-quality development in all respects.

In 2025, CZBank’s operating income was RMB62.558 billion, representing a decrease of 7.60% over last year; net profit attributable to shareholders of the Bank was RMB12.931 billion, representing a decrease of 14.85% over last year. As at the end of 2025, total assets were RMB3.48 trillion, representing an increase of 4.68% compared with the end of last year, of which: total loans and advances to customers were RMB1.92 trillion, representing an increase of 3.53% compared with the end of last year; total liabilities were RMB3.27 trillion, representing an increase of 4.83% compared with the end of last year, of which: the balance of customer deposits was RMB2.04 trillion, representing an increase of 6.30% compared with the end of last year. The non-performing loan ratio was 1.36%, and allowance to non-performing loans was 155.37%.

CZBank has established 373 branch outlets in 22 provinces (autonomous regions or municipalities directly under the Central Government) and the Hong Kong Special Administrative Region, effectively covering key areas such as Zhejiang, where its headquarters are located, the Yangtze River Delta, and the Guangdong-Hong Kong-Macao Greater Bay Area. It controls two subsidiaries, namely Zheyin Financial Leasing and CZB Wealth Management. In the “Top 1000 World Banks 2025” ranking by The Banker, U.K., CZBank ranked 82nd in terms of tier-one capital.China Chengxin International granted CZBank the highest AAA corporate credit rating among financial institutions, while S&P and Moody’s granted CZBank a “investment grade” in the international rating.