China Bohai Bank (simplified Chinese: 渤海银行; traditional Chinese: 渤海銀行; pinyin: Bóhǎi Yĺnháng) is a commercial bank in Tianjin, China. Established on December 31, 2005, and opened for business in February 2006. The bank had a registered capital of ¥8.5 billion RMB and net equity of ¥35.6 billion RMB as at 31 December 2015. The bank was the brainchild of the Tianjin mayor (and previous head of the Peoples Bank of China) Dai Xianglong who turned a national banking licence for Tianjin, that had been promised to the city in the mid-1990s, into reality and in the process kicking off an important upgrading of the Tianjin financial system. This was the 1st national banking licence to have been approved by the State Council since China Minsheng Bank in 1995. More information...
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