Qishang Bank, formerly known as Zibo Commercial Bank, is one of the fourth groups of local joint-stock commercial banks established by urban credit cooperatives in China. It was established on August 28, 1997 and based in Zibo, Shandong Province. On February 13, 2009, with the approval of China Banking Regulatory Commission, Zibo Commercial Bank changed its name to ’Qishang Bank’. Currently, with a registered capital of 3.534 billion yuan, Qishang Bank has set up the Zibo Management Center, the Hi-tech Zone Branch and eight branches in Xi’an, Binzhou, Dongying, Weifang, Jining, Weihai, Jinan and Linyi. Besides, it has initiated the establishment of a rural bank as the controlling shareholder.Since its establishment, Qishang Bank has formed an organizational structure mainly consisting of the Board of Shareholders, the Board of Directors, the Board of Supervisors and the senior management, and established its operating procedures and rules, according to requirements of...