Bank of Suzhou

Corporate brand

Bank of Suzhou Co., Ltd., formerly Jiangsu Dongwu Rural Commercial Bank, is a city commercial bank headquartered in Suzhou, Jiangsu, China.

Last updated October 12, 2026

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Overview

Bank of Suzhou, full name Bank of Suzhou Co., Ltd., formerly known as Jiangsu Dongwu Rural Commercial Bank, is a commercial bank headquartered in Suzhou, mainland China. Its branches are spread across Jiangsu Province, and it mainly conducts business in the Jiangnan area. As of 2018, it had 163 branches. It ranked 324th in The Banker's 2018 Top 1000 World Banks. At the end of 2017, its total assets were 284.118 billion yuan, local and foreign currency deposits were 168.737 billion yuan, total loans and advances issued were 119.417 billion yuan, and total profit was 2.719 billion yuan. Its business covers corporate banking, retail banking, and financial markets business.

History

Bank of Suzhou, full name Bank of Suzhou Co., Ltd., was formerly known as Jiangsu Dongwu Rural Commercial Bank. It is a commercial bank headquartered in Suzhou, mainland China, with branches throughout Jiangsu Province, mainly serving the Jiangnan area. As of 2018, it had 163 branches. It ranked 324th in The Banker's 2018 Top 1000 World Banks. At the end of 2017, its total assets were 284.118 billion yuan, local and foreign currency deposits were 168.737 billion yuan, total loans and advances issued were 119.417 billion yuan, and total profit was 2.719 billion yuan. Its business covers corporate banking, retail banking, and financial markets business.

2018
In 2018, Bank of Suzhou ranked 324th in The Banker's Top 1000 World Banks list.
2018
By 2018, the bank operated 163 branches across Jiangsu Province.
2017
By the end of 2017, the bank reported total assets of 284.118 billion yuan, domestic and foreign currency deposits of 168.737 billion yuan, loans and advances of 119.417 billion yuan, and total profit of 2.719 billion yuan.
Bank of Suzhou, formerly known as Jiangsu Dongwu Rural Commercial Bank, was renamed and established under its current name.

Products and positioning

Regional bank

Corporate banking
Retail banking
Financial markets business

Controversies

2026
Penalized about 7.6 million yuan by the central bank for multiple financial business violations
On June 18, 2026, the Jiangsu Provincial Branch of the People's Bank of China disclosed several penalty notices against Bank of Suzhou for multiple violations, with fines and confiscations totaling about RMB 7.6 million. This entry records regulatory penalties and does not interpret the amount as customer losses.
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2026
Changzhou Branch Fined RMB 600,000 for Inadequate Pre-loan Investigation and Project Capital Verification
In April 2026, the Changzhou Branch of Bank of Suzhou was fined RMB 600,000 for inadequate pre-loan investigation and lax verification of project capital. This penalty is recorded separately from the head office's 2024 data-related fine.
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2024
Taizhou Branch fined 800,000 yuan over loan three-check and bill business issues
In 2024, the Taizhou Branch of Bank of Suzhou was fined RMB 800,000 over credit and bill business issues including the three checks on loans. This is not the same event as the equal fine imposed on the Huai'an branch in 2019.
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2024
Fined 600,000 yuan by Jiangsu regulators for data governance violations
In August 2024, Bank of Suzhou was fined 600,000 yuan by the Jiangsu Financial Regulatory Bureau for data governance violations.
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2019
Huai'an Branch fined RMB 800,000 for accepting and discounting bills without genuine trade background and for imprudent lending
In December 2019, the Huai'an Branch of Bank of Suzhou was fined 800,000 yuan for accepting and discounting bills without a genuine trade background, imprudent lending, and failure to implement credit conditions.
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