"Ningbo Finance Center" taking shape
- Details
- Category: Ningbo Business
- Published: Tuesday, 08 April 2014 15:15
With the rise of the new eastern town, Ningbo is entering the "double-nucleus era". In the following three years, Ningbo will actively implement the urban function upgrading project to promote the development and construction of the functional zones, and to give full play to the core function of the new eastern town.
The eight buildings of Ningbo International Finance Service Center have attracted a variety of financial institutions. All the bank branches are providing financial services for customers.
Located in the west of the Haiyan road of the new town, the northern zone of the international financial service center, with an area of 36,000 square meters, has become a new symbol of the financial industry in Ningbo. Since its opening on June 18, 2011, the zone has attracted ten banking institutions including the Ningbo branch of the National Development Bank and the Ningbo branch of China Import & Export Bank. With the settlement of such institutions as trust, insurance, lease and financing, private equity investment, accounting firms and law firms, the zone is rising as a "financial center" with a variety of industries and a complete industrial chain.
Ningbo branch of China Merchants Bank is the first bank to settle down in the financial center. Due to the addition of more transaction counters, the spacious business hall barely sees any long queues. There is even a special service area for babies and children. According to Feng Shenjiang, Director of the branch, "The regional financial platform established at the financial center helps to rouse the competition consciousness of banks, bringing great benefits to the citizens and leading to cooperation between different banks."
It is also worth noting that the financial center of the eastern new town has learned a great deal from the success of Hong Kong and Shanghai since its beginning. "The variety of the commercial forms and well-known catering brands ensures the integration of financial services and high-end business services, greatly promoting the comprehensive service standard of the center." said a person in charge from the International Finance Center. In the future, by taking advantage of the radiation effects of Shanghai, the center will make efforts to promote the accumulation and transformation and upgrading of financial institutions in Ningbo, and enable the financial industry to develop into an important pillar industry in Ningbo during the 12th Five-year Plan period.
It is reported that so far, besides the northern zone of the financial center, the southern zone is developing steadily. Buildings will be completed by the end of next year for such major financial institutions as Bank of China, China Construction Bank, Bank of Communication and Ningbo Bank. By the end of 2016, the zone is expected to attract over 50 financial institutions and supporting agencies for settlement.
