Founded in May, 1997, Changsha Commercial Bank is the first local share-holding commercial bank in Hunan Province. Confronted with all kinds of opportunities and challenges, Changsha Commercial Bank has been adhering to the development of market-orientation, localization, shareholding diversification, capitalization and globalization. It is characterized as ¡°government¡¯s bank, medium-and-small-sized enterprises¡¯ bank, citizens¡¯ bank¡±, and it fully brings the endowment and advantages of the bank as corporate capacity into play with prompt responding, quick decision-making, efficient innovation and local brand. Changsha Commercial Bank has been keeping reform and innovation, promoting technology development, with the aim of developing core competitiveness and advancing comprehensive strength and development quality greatly. By the end of 2007, its registered capital reached RMB 754 million yuan, with 32 subordinate branches¡
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