How it started
History
It was founded in 1997 as the Ningbo Commercial Bank. In 2007, it changed its name to Bank of Ningbo and listed its shares on the Shenzhen Stock Exchange.
In 2006, Singapore's OCBC Bank first acquired a 12.2% stake in Ningbo Commercial Bank and subsequently raised its stake in the renamed Bank of Ningbo to 20% in 2014.
In August 2008, the bank relocated several major departments from Ningbo to Shanghai.
From Wikipedia’s article on Bank of Ningbo, shared under CC BY-SA 4.0.2