Jiaxing is one of the prefecture-level cities with all kinds of financial institutions in Zhejiang Province. A new pattern of diversified market has taken shape, with the co-existence of banks, securities, insurance and other financial institutions, and concurrent development of national, regional and local financial institutions. At present, such banks as Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China, Bank of China, Construction Bank of China, Communications Bank of China, China CITIC Bank, Shanghai Pudong Development Bank, Industrial Bank, China Merchants Bank, China Zheshang Bank, Shenzhen Development Bank, Huaxia Bank, Postal Savings Bank of China and Agricultural Development Bank of China have their branches in Jiaxing.　Moreover, there is a city commercial bank, 2 rural-based cooperative banks, and 4 rural credit cooperatives with the status of a  legal entity, 45 insurance institutions and 9 securities houses.

By the end of 2008, in financial institutions of Jiaxing, the deposit balance and loan balance were 218.624 billion yuan and 160.384 billion yuan respectively, up by 21.7% and 18.7% on the same period of last year, and with growth margin up by 8.3 and 0.6 percentage points compared to the previous year. The balance of savings deposits of urban and rural residents reached 115.538 billion yuan, an increase of 27.3%, 20.6 percentage points higher than the year before. A net amount of currency issued by the financial institutions reached 7.187 billion yuan, a decrease of 3.443 billion yuan over the previous year.