What Is an Opening Bank?

Weizhong Bank was initiated by Tencent, Baiyeyuan, Liye Group and other well-known private enterprises. Its headquarter is located in Shenzhen. It was opened in December 2014 with the approval of regulators. It is the first private bank and Internet bank in China. ^[1]

WeBank

Weizhong Bank is made up of

Wechat Silver

Chairman

• Unified Social Credit Code / Registration Number: 9144030031977063XH ^[21]

  Approved for construction on July 24, 2014 ^[22]

  On January 4, 2015, Premier Li Keqiang of the State Council inspected Weizhong Bank ^[27]

  Listed on Forbes China's Most Innovative Companies 2019 [4] [32]
  2015 Asian Financial Institutions Competitiveness Ranking	2015 Asian Internet Bank Technology Innovation Award [33]
  	2015 Asian Internet Bank Innovative Figure Award-Ma Zhitao [34]
  2015 Nandu "BRIC Award"	Best Internet Finance Innovation Award [35]
  	Most financial leadership-Gu Min [16]
  2015 First Financial Financial Value List (CFV)	Private Bank of the Year
  2016 Hurun New Financial Top 100 List	2016 Hurun New Financial Top 50 [36]
  	2016 China's Best User Experience New Financial Enterprise
  10 major events in financial informatization in 2015	Selected in "10 Major Events of Financial Informationization in 2015" [26]

  In July 2019, the 2019 China Awards Ceremony hosted by "Asian Banker" was held in Beijing. Weizhong Bank won the "Excellent Retail Financial Services Award" for its technological innovation and outstanding results in the fields of digital banking and fintech- The Best Digital Bank in Asia Pacific 2019 and the "Best Blockchain Project 2019" two awards ^[37] .

  On October 21, 2019, the Hurun Research Institute released the "Hurun Global Unicorn List 2019", and Weizhong Bank ranked 11th. ^[38]