Zhejiang Province Commercial Banks

Wenzhou City Commercial Bank, Hangzhou City Commercial Bank and Ningbo City Commercial Bank, all lenders thriving on the booming private economy of Zhejiang Province, are front-runners in improving capital adequacy ratios, reducing NPLs and shifting from shareholder bases dominated by local government entities to those comprised mainly of private companies. Analysts say that these are among the top choices after Suzhou City Commercial Bank. Potential foreign investors have been visiting them.