Bank of Taizhou

By the end of June 2016, TZB has 10 branches, 7 VTB (Village and Township Bank) and over 100 sub-branches. The branches are located in all districts of Zhejiang province. Bank of Taizhou is now operating on a nationwide basis, using its subsidiary VTBs to reach more distant locations. The VTBs are located Shenzhen Futian, Beijing Shunyi and Jiangxi Ganzhou, Chongqing Yubei and Chongqing Qianjiang as well as in Zhejiang Lishui Jingning and Zhejiang Taizhou Sanmen. The total number of employees in TZB is close to 10000. ==Business areas==

TZB is focused on SME finance designed for most micro & small enterprises which could not get loan from Bank before and also has a big micro lending operation. The bank was the first partner bank in the China Development Bank Microfinance Project starting in 2005. By the end of September 2011, TZB has more than 62,000 clients that have loans outstanding, average loan amount was 436,200 RMB, among which loans under 1 million RMB took up 92.68% of loan number and 55.93% of loan outstanding. ==Corporate culture==

The Corporate spirit of TZB is "hardworking, practical, innovative". The service culture of the Bank is as what it says in its logo: "simple, convenient, efficient" (). Unlike many state owned banks, TZB has a very stable management team with most senior and middle managers working in the bank for close to 20 years. This gives the bank a very strong corporate culture and risk culture. == External links ==

• KPMG "Chinas Commercial Banks: Opportunity knocks?" • The Banker • China Development Bank