Hengfeng Bank Co., Ltd. ( "Hengfeng Bank") is one of the 12 national joint-stock commercial banks, formerly known as Yantai Housing Savings Bank established in 1987. In 2003, with the approval of the People's Bank of China, it was restructured into Hengfeng Bank Co., Ltd. In 2019, the restructuring of the market-oriented reform shares was completed, and Central Huijin became the largest shareholder.
Headquartered in Jinan, Shandong, Hengfeng Bank has 319 branches across the country, including Qingdao, Jinan, Nanjing, Hangzhou, Chengdu, Chongqing, Yantai, Fuzhou, Kunming, Xi'an, Ningbo, Beijing, Shanghai, Zhengzhou, Changsha, There are 19 first-level branches in Wuhan, Guangzhou, Shenzhen and Hefei, one branch directly under the head office in Suzhou, a capital operation center and a private banking department in Shanghai, and a wholly-owned subsidiary Hengfeng Wealth Management in Qingdao A limited liability company initiated the establishment of 5 rural banks.
Hengfeng Bank was established on November 23, 1987 in Jinan, Shandong.