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Zhejiang Chouzhou Commercial Bank is an urban commercial bank headquartered in the international trade city of Yiwu, Zhejiang Province, China. Established in 1987 as the Yiwu Chouzhou Credit Cooperative, it was transferred to a joint-stock company in 2005 and converted to Zhejiang Chouzhou Commercial Bank in 2006.

Pause operations: company temporarily curtailing operations while keeping return options open

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The Company Statement
February 07, 2024

The Chinese bank Chouzhou Commercial Bank informed clients about the suspension of transactions with Russia.

February 07, 2024The main bank of China for Russian importers has stopped all settlements with the Russian Federation
February 07, 2024The main bank of China for Russian importers has stopped settlements with the Russian Federation
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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