Complex sentence: It was established in 1996 as Shenyang City Commercial Bank, opened its branch in Shenyang City only, but changed its name to Shengjing Bank in 2007 and has since opened a branch in Tianjin.
Split into simpler sentences: It was established in 1996 as Shenyang City Commercial Bank and opened in Shenyang City only. It changed its name to Shengjing Bank in 2007 and has since opened a branch in Tianjin.