Bank of Beijing Co., Ltd. provides various financial products and services in the People's Republic of China. Its deposit products include current, fixed, personal call, education saving, automatic notice and fixed, and foreign currency deposits. The company’s loan portfolio comprises mortgage, personal, car, student, consumption, personal business, consortium, and merger and acquisition loans. It also offers institution financing, foreign exchange trading, precious metals exchange, third-party deposit, fees collection, and safe deposit box services, as well as governmental loan sales agency, insurance sales agency, funds sales agency, and bond settlement agency services. In addition, it provides cash management, electronic banking, trade finance, wealth management, and factoring services; investment banking services, such as issuing of commercial paper and inter-bank lending services; and credit and debit cards. Further, the company is involved in the settlement and sale of future foreign exchange. As of December 31, 2010, it operated 190 branches and sub-branches in Beijing, Tianjin, and Shanghai. The company was formerly known as Beijing Urban Cooperative Bank and changed its name to Bank of Beijing Co., Ltd. in September 2004. Bank of Beijing Co., Ltd. was founded in 1995 and is based in Beijing, the People's Republic of China.