In May 2011, Bank of Beijing established its first subsidiary bank in Zhongguancun, Beijing. The bank is the first subsidiary-level banking institution in Zhongguancun.

The subsidiary bank has offered loans to more than 4,000 high-tech small and medium-size enterprises (SMEs). The loans totaled 80 billion yuan.

In 2013, 1,500 SMEs in Zhongguancun saw a total loan balance of $30 billion ($4.89 billion). Among these, mini-enterprises with a registered capital of 5 million yuan accounted for 50 percent. The average loan balance for each account reached $1.6 million.

Batches of small and mini enterprises got substantial financial support from subsidiary banks.

Edited by Wang Yifei and Michael Thai