Bank of Weifang ( abb. WFCB) is a Chinese urban commercial bank headquartered in Weifang, Shandong Province, China. Established in August 1997, it is a local joint-stock commercial bank. The bank became state-controlled following an equity restructuring in 2018.[2]
The bank has been included in global banking rankings such as 429th in The Bankers Top 1000 World Banks list and 236th (Strength Rank) & 438th (Largest Bank Rank) in TABInsights Top 1000 World’s Strongest Banks Ranking. [3][4]
History
Bank of Weifang was founded in August 1997 with the approval of the People's Bank of China. It was among the early urban commercial banks established in the Shandong Peninsula.[5]