King&Capital Law Firm Successfully Entered into the "China Postal Savings Bank Beijing Branch 2023-2025 External Legal Services Expert Pool and Security Clearance Pool
On September 27th, Mr. Lv Zhixuan, Senior Partner of King&Capital Law Firm, led a team representing King&Capital Law Firm to successfully win the bidding of "China Postal Savings Bank Beijing Branch 2023 External (Three-year Valid) Expert Pool and Preservation and Liquidation Pool".
China Postal Savings Bank
Postal Savings Bank of China has a long history and is a state-controlled large-scale commercial bank with nearly 40,000 business outlets and more than 650 million individual customers, which is positioned to serve the "Three Rural Areas", urban and rural residents, and small and medium-sized enterprises, and is committed to serving the "three rural areas", urban and rural residents, and small and medium-sized enterprises, relying on the unique model and resource endowment of "self-supporting + agency". Relying on its unique "self-operated + agency" model and resource endowment, China Postal Reserve Bank is committed to providing services to the most dynamic customer groups in China's economic transformation. With excellent asset quality and significant growth potential, China Post Bank is a leading large-scale retail bank in China.
King&Capital Law Firm Successfully Enrolled in Beijing Bank Lawyers Pool
In August 2023, Mr. Lv Zhixuan, Senior Partner of King&Capital Law Firm, led a team representing King&Capital Law Firm to successfully win the bidding of "Bank of Beijing's Head Office and Beijing Branches 2023-2025 Permanent Legal Counsel Lawyer Shortlisting Project" - becoming a shortlisted vendor for two bidding sections, namely, civil and commercial administrative business and criminal business bidding section.
Bank of Beijing Co.
Bank of Beijing Co., Ltd. ("Bank of Beijing"), established in 1996, is a joint stock limited company (listed) with a registered capital of RMB 2,114,298,427,200. As of the end of March 2023, the Bank of Beijing's total assets reached 3.50 trillion yuan, and realized a net profit of 7.493 billion yuan in the first quarter of 2023, with a cost-to-income ratio of 27.44%. The cost-to-income ratio was 27.44%, the non-performing loan ratio was 1.36%, the provision coverage ratio was 217.01%, the capital adequacy ratio was 13.94%, and all the operating indicators reached the advanced level of the international banking industry. The brand value of Bank of Beijing reaches 76.9 billion yuan, and its Tier 1 capital ranks 50th among 1,000 large banks in the world, and it has been ranked among the top 100 banks in the global banking industry for nine consecutive years.
