---
title: "Qingdao Rural Commercial Bank Corporation (Formerly Huafeng Rural Cooperative Bank of Qingdao) SWIFT/BIC code QDRCCNBQXXX · China | Elucidate"
description: "SWIFT/BIC code QDRCCNBQXXX for Qingdao Rural Commercial Bank Corporation (Formerly Huafeng Rural Cooperative Bank of Qingdao), China. Head-office BIC."
url: https://elucidate.co/directory/qingdao-rural-commercial-bank-corporation-formerly-huafeng-rural-cooperative-ban-qdrccnbq
---
1. [Directory](https://elucidate.co/directory)
2. [China](https://elucidate.co/directory/country/cn)
3. Qingdao Rural Commercial Bank Corporation (Formerly Huafeng Rural Cooperative Bank of Qingdao)
China · Financial institution
# Qingdao Rural Commercial Bank Corporation (Formerly Huafeng Rural Cooperative Bank of Qingdao)
Legal name in the LEI record 青岛农村商业银行股份有限公司
Qingdao Rural Commercial Bank Corporation is a joint-stock rural commercial bank with its head office in Laoshan District, Qingdao, China. It opened on 28 June 2012 after the restructuring of Qingdao's rural credit cooperatives, rural cooperative banks and municipal credit union. Its shares have been listed on the Shenzhen Stock Exchange since 26 March 2019, and its largest shareholders are Qingdao state-owned investment groups. It provides retail, corporate and treasury banking, mainly in Qingdao and other cities in Shandong province.
BIC **QDRCCNBQXXX** LEI **[300300C1194637000087](https://search.gleif.org/#/record/300300C1194637000087)** Licence no. **Not on a tracked register** Connected to Swift Swift GPI live member Head-office BIC only [**18** correspondent accounts](https://elucidate.co/directory/qingdao-rural-commercial-bank-corporation-formerly-huafeng-rural-cooperative-ban-qdrccnbq#correspondents) [Claim this profile](https://elucidate.co/directory/qingdao-rural-commercial-bank-corporation-formerly-huafeng-rural-cooperative-ban-qdrccnbq#claim)
## Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** QDRCCNBQXXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Live member
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** None: head-office BIC only
- **BIC first registered:** 2006-01-07
- **Last updated:** 2022-02-14
## Overview
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/qingdao-rural-commercial-bank-corporation-formerly-huafeng-rural-cooperative-ban-qdrccnbq#overview-sources)
Total assets
CNY 506bn
Group · 30 Jun 2026 · [interim report ↗](https://www.qrcb.com.cn/qrcb/gywm/index.html)
Employees
Not published
Ownership
Publicly listed
Ticker 002958
Institution type
Commercial bank
Trades as Qingdao Rural Commercial Bank (青岛农商银行, QRCB)
- **Standing:** The bank opened on 28 June 2012. It was formed by merging nine Qingdao rural credit institutions, one of which was Huafeng Rural Cooperative Bank, the former name shown in the Swift directory.
- **Ownership:** The shares are widely held; according to press reports of its Q3 2025 report, the largest shareholders are Qingdao Guoxin Development (Group) with 9.08% and Qingdao City Construction Investment (Group) with 9.05%.
- **Major shareholders:** Qingdao Guoxin Development (Group) Co., Ltd. (青岛国信发展（集团）有限责任公司) 9.08% · 30 Sep 2025 Qingdao City Construction Investment (Group) Co., Ltd. (青岛城市建设投资（集团）有限责任公司) 9.05% · 30 Sep 2025 Rizhao Steel Holding Group Co., Ltd. (日照钢铁控股集团有限公司) 5.43% · 30 Sep 2025
- **Stock listing:** Shenzhen Stock Exchange 002958
- **Head office:** Building 1 (T1, QRCB Mansion), No. 6 Qinling Road, Laoshan District, 266061 Qingdao, China
### Business lines
- Retail banking
- SME banking
- Corporate banking
- Trade finance
- Transaction banking & payments
- Markets & trading
- Consumer finance
- Cards
- Private banking & wealth
The bank says it runs three segments: retail, corporate and treasury. It names rural revitalisation, international business and wealth management as its specialities, and has more than 370 outlets.
### Online
- **Websites & references:** [qrcb.com.cn ↗](https://www.qrcb.com.cn/) [qrcb.com.cn/qrcben/home/index.shtml ↗](https://www.qrcb.com.cn/qrcben/home/index.shtml) English-language site [dbank.qrcb.com.cn ↗](https://dbank.qrcb.com.cn/) direct (online-only) banking site
- **Official social accounts:** None found
Sources · 12 pages consulted
1. [qrcb.com.cn/eportal/ui](https://www.qrcb.com.cn/eportal/ui)
2. [qrcb.com.cn/qrcb/gywm/index.html](https://www.qrcb.com.cn/qrcb/gywm/index.html)
3. [qrcb.com.cn/qrcb/gjjr/index.html](https://www.qrcb.com.cn/qrcb/gjjr/index.html)
4. [qrcb.com.cn/qrcb/gjjr/hqtgjjs/2021121315333290017/index.html](https://www.qrcb.com.cn/qrcb/gjjr/hqtgjjs/2021121315333290017/index.html)
5. [qrcb.com.cn/qrcb/tzzgx/index.html](https://www.qrcb.com.cn/qrcb/tzzgx/index.html)
6. [qrcb.com.cn/qrcb/tzzgx/gszl/index.html](https://www.qrcb.com.cn/qrcb/tzzgx/gszl/index.html)
7. [qrcb.com.cn/qrcben/home/index.shtml](https://www.qrcb.com.cn/qrcben/home/index.shtml)
8. [news.qq.com/rain/a/20260204A06KVF00](https://news.qq.com/rain/a/20260204A06KVF00)
9. [jjckb.cn/20260617/12e9cb2ba84a4d45b17f2c2189c2c126/c.html](https://www.jjckb.cn/20260617/12e9cb2ba84a4d45b17f2c2189c2c126/c.html)
10. [gplp.cn/archives/150731](https://www.gplp.cn/archives/150731)
11. [sohu.com/a/976429308\_122014422](https://www.sohu.com/a/976429308_122014422)
12. [app.dahecube.com/nweb/news/20260205/262368nf1713969860.htm?artid=262368](https://app.dahecube.com/nweb/news/20260205/262368nf1713969860.htm?artid=262368)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/qingdao-rural-commercial-bank-corporation-formerly-huafeng-rural-cooperative-ban-qdrccnbq#overview-sources)
- **Chair & chief executive:** Yu Fengxing (于丰星) President, Executive Director and Chief Compliance Officer; performing the duties of Chairman on an acting basis until the chairman-elect is approved Confirmed 16 Jun 2026 · [news.qq.com ↗](https://news.qq.com/rain/a/20260204A06KVF00)
- **Chair:** Liang Yanbo (梁衍波) Party Secretary and Executive Director; elected Chairman on 3 February 2026, subject to approval of his qualification by the NFRA Qingdao Office Confirmed 3 Aug 2026
- **Executive:** Zhu Guangyuan (朱光远) Secretary to the Board Confirmed 5 Feb 2026 · [app.dahecube.com ↗](https://app.dahecube.com/nweb/news/20260205/262368nf1713969860.htm?artid=262368)
## Supervisors & regulators
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/qingdao-rural-commercial-bank-corporation-formerly-huafeng-rural-cooperative-ban-qdrccnbq#overview-sources)
- **China:** National Financial Regulatory Administration (Qingdao Office) Prudential supervisor Conduct
- **China:** People's Bank of China Central bank AML supervisor
- **China:** State Administration of Foreign Exchange Foreign exchange
## Recent events 2 enforcement or investigation items
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/qingdao-rural-commercial-bank-corporation-formerly-huafeng-rural-cooperative-ban-qdrccnbq#overview-sources)
1. Jun 2026
Enforcement
The NFRA Qingdao Office fined the bank CNY 2 million and six sub-branches CNY 2.3 million for credit, trade-finance and conduct failings.
[jjckb.cn ↗](https://www.jjckb.cn/20260617/12e9cb2ba84a4d45b17f2c2189c2c126/c.html)
2. Jun 2026
Enforcement
The NFRA Qingdao Office banned a former risk director from banking for life and a former sub-branch head for ten years.
[gplp.cn ↗](https://www.gplp.cn/archives/150731)
3. Feb 2026
Leadership
The board elected Liang Yanbo as Chairman, subject to approval of his qualification by the NFRA Qingdao Office.
[news.qq.com ↗](https://news.qq.com/rain/a/20260204A06KVF00)
4. Feb 2026
Leadership
The board appointed President Yu Fengxing as the bank's Chief Compliance Officer as well.
[gplp.cn ↗](https://www.gplp.cn/archives/150731)
5. Jan 2026
Leadership
Vice President Ding Minglai resigned on grounds of age.
[m.sohu.com ↗](https://m.sohu.com/a/983823144_120011209?scm=10001.325_13-325_13.0.0-0-0-0-0.5_1334)
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
## Identifiers
Head-office record
- **BIC:** QDRCCNBQXXX
- **How the BIC breaks down:** 1. QDRC Bank 2. CN Country · China 3. BQ Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 300300C1194637000087
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/300300C1194637000087)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- **Country · region:** China · East Asia & Pacific
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
## Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
## Addresses
- **Registered address:** QINLING ROAD,NO.6, LAOSHAN DISTRICT QINGDAO 266061 CHINA
- **Operational address:** 6 QINLING ROAD LAOSHAN DISTRICT QINGDAO 266061 QINGDAO CHINA
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
QDRCCNBQXXX
300300C1194637000087
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
QDRCCNBQXXX
300300C1194637000087
QINGDAO RURAL COMMERCIAL BANK CORPORATION (FORMERLY HUAFENG RURAL COOPERATIVE BANK OF QINGDAO)
QINGDAO
CN
QINLING ROAD, NO.6, LAOSHAN DISTRICT QINGDAO 266061
```
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Network
### Correspondent banking
The bank publishes 18 accounts at other banks, across 3 regions.
### Correspondent accounts
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/qingdao-rural-commercial-bank-corporation-formerly-huafeng-rural-cooperative-ban-qdrccnbq#overview-sources)
18 accounts at other banks, in 12 currencies, as the bank publishes them: [qrcb.com.cn ↗](https://www.qrcb.com.cn/qrcb/gjjr/hqtgjjs/2021121315333290017/index.html) dated 13 Dec 2021
| Currency | Correspondent | BIC | Account | Purpose | Directory check |
| --- | --- | --- | --- | --- | --- |
| USD | [Citibank N.A. New York](https://elucidate.co/directory/citibank-n-a-citius33) United States | CITIUS33 | — | inbound USD remittances (intermediary bank) | Matches the Swift directory |
| USD | [Woori Bank Seoul Korea](https://elucidate.co/directory/woori-bank-seoul-hvbkkrse) South Korea | HVBKKRSE | — | inbound USD remittances (intermediary bank) | Matches the Swift directory |
| USD | [Kookmin Bank Seoul Korea](https://elucidate.co/directory/kookmin-bank-cznbkrse) South Korea | CZNBKRSE | — | inbound USD remittances (intermediary bank) | Matches the Swift directory |
| EUR | [Citibank Europe PLC](https://elucidate.co/directory/citibank-europe-plc-citiie2x) Ireland | CITIIE2X | — | inbound EUR remittances (intermediary bank) | Matches the Swift directory |
| EUR | [Societe Generale Paris](https://elucidate.co/directory/societe-generale-sogefrpp) France | SOGEFRPP | — | inbound EUR remittances (intermediary bank) | Matches the Swift directory |
| EUR | [Bank of China Frankfurt Am Main](https://elucidate.co/directory/bank-of-china-bkchdeff) Germany | BKCHDEFF | — | inbound EUR remittances (intermediary bank) | Directory name differs BANK OF CHINA |
| JPY | [Sumitomo Mitsui Banking Corporation Tokyo](https://elucidate.co/directory/sumitomo-mitsui-banking-corporation-formerly-sumitomo-bank-smbcjpjt) Japan | SMBCJPJT | — | inbound JPY remittances (intermediary bank) | Matches the Swift directory |
| JPY | [Mizuho Bank Ltd,Tokyo,Japan](https://elucidate.co/directory/mizuho-bank-ltd-mhcbjpjt) Japan | MHCBJPJT | — | inbound JPY remittances (intermediary bank) | Matches the Swift directory |
| HKD | [Bank of Communications Co.,Ltd Hong Kong Branch](https://elucidate.co/directory/bank-of-communications-co-ltd-hong-kong-branch-commhkhh) Hong Kong SAR China | COMMHKHH | — | inbound HKD remittances (intermediary bank) | Matches the Swift directory |
| GBP | [Bank of Communications Co., Ltd London Branch](https://elucidate.co/directory/bank-of-communications-co-ltd-london-branch-commgb3l) United Kingdom | COMMGB3L | — | inbound GBP remittances (intermediary bank) | Matches the Swift directory |
| KRW | [Woori Bank Seoul Korea](https://elucidate.co/directory/woori-bank-seoul-hvbkkrse) South Korea | HVBKKRSE | — | inbound KRW remittances (intermediary bank) | Matches the Swift directory |
| KRW | [Woori Bank（China)Limited](https://elucidate.co/directory/woori-bank-china-limited-hvbkcnbj) China | HVBKCNBJ | — | inbound KRW remittances (intermediary bank) | Matches the Swift directory |
| AUD | [Bank of China Qingdao Branch](https://elucidate.co/directory/bank-of-china-beijing-head-office-bkchcnbj) China | BKCHCNBJ50A | — | inbound AUD remittances (intermediary bank) | Directory name differs BANK OF CHINA, BEIJING (HEAD OFFICE) |
| CAD | [Bank of China (Canada)](https://elucidate.co/directory/bank-of-china-canada-bkchcatt) Canada | BKCHCATT | — | inbound CAD remittances (intermediary bank) | Matches the Swift directory |
| SGD | [DBS Bank Ltd Singapore](https://elucidate.co/directory/dbs-bank-ltd-dbsssgsg) Singapore | DBSSSGSG | — | inbound SGD remittances (intermediary bank) | Matches the Swift directory |
| CHF | [China Construction Bank Corporation Swiss Branch Zurich](https://elucidate.co/directory/china-construction-bank-corp-beijing-swiss-branch-zurich-pcbcchzz) Switzerland | PCBCCHZZ | — | inbound CHF remittances (intermediary bank) | Matches the Swift directory |
| THB | [Kasikornbank (China) Company Limited](https://elucidate.co/directory/kasikornbank-china-company-limited-kasicnbs) China | KASICNBS | — | inbound THB remittances (intermediary bank) | Matches the Swift directory |
| RUB | [Bank of China Qingdao Branch](https://elucidate.co/directory/bank-of-china-beijing-head-office-bkchcnbj) China | BKCHCNBJ50A | — | inbound RUB remittances (intermediary bank) | Directory name differs BANK OF CHINA, BEIJING (HEAD OFFICE) |
Remittance-route page (外汇汇款路线) from the International Business Department, telling remitters which intermediary bank and BIC to use for each currency. It lists 15 routes in 12 currencies, all extracted in the order published. No account numbers are printed. The page is dated 13 December 2021 and may be stale. The routes show where the bank receives foreign-currency payments, so they are recorded as nostro. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
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- [Hua Xia Bank BIC HXBKCNBJ Financial institution Not on a tracked register China · Not on a tracked register · LEI 300300AKNDEHIGVDZW37](https://elucidate.co/directory/hua-xia-bank-hxbkcnbj)
- [China Citic Bank BIC CIBKCNBJ Financial institution Not on a tracked register China · Not on a tracked register · LEI 300300C1030211000384](https://elucidate.co/directory/china-citic-bank-cibkcnbj)
[See every BIC in China →](https://elucidate.co/directory/country/cn#bics)
Claim this profile
## Work at Qingdao Rural Commercial Bank Corporation (Formerly Huafeng Rural Cooperative Bank of Qingdao)?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
## Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
[Book a demo](https://elucidate.co/demo-request)
Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.