China Minsheng Bank (CMBC) is the first national joint-stock commercial bank initiated by private enterprises. June199665438+1October 12 was formally established.
scope of business
The business scope of Minsheng Bank
(1) Absorbing public deposits; (2) Short-term, medium-term and long-term loans; (3) Handling domestic and international settlement; (4) Handling bill acceptance and discount; (5) Issuing financial bonds. (6) Acting as an agent to issue, honor and underwrite government bonds; (7) buying and selling government bonds and financial bonds; (eight) engaged in interbank lending; (9) Acting as an agent for buying and selling foreign exchange; (ten) engaged in bank card business; (eleven) to provide letter of credit services and guarantees; (12) Agency payment and insurance agency business; (thirteen) to provide safe deposit box services; (14) Other businesses approved by the State Council Banking Regulatory Authority. With the approval of the People's Bank of China, it can engage in foreign exchange settlement and sale.
main business
I. Corporate banking sector: covering institutional business, investment banking business, transaction banking business and supply chain finance business.
II. Retail banking sector: covering micro-finance business, credit card business, private banking business and community finance business.
III. Financial market sector: investment business, interbank business, custody business, wealth management business, precious metals and foreign exchange trading business.
IV. Network finance sector: Minsheng Bank continuously innovated the "three major banks" of online banking, mobile banking and WeChat banking, as well as the "four major platforms" of bank-enterprise direct connection platform, online payment platform, digital operation platform and open banking service platform.
Fifth, technology and finance: Minsheng Bank will focus on building a cash management product system of "communication, gathering and profit" for retail customers, a full range of trade financing products, a new supply chain "E" series product system, a digital marketing management and operation platform, a product center shelf, an intelligent marketing platform, an intelligent acquiring platform, a mobile financial platform and an Internet joint loan product, as well as a "Minsheng Peer e+ Platform" for peer customers.
At the same time, we will focus on the construction of "zero contact" online service system, "5G mobile banking", enterprise remote banking, "cloud witness" and "cloud signing" services, build an Internet security protection framework covering the head office, branches and subsidiaries, and improve the refined operation ability, decision-making ability and information technology risk management ability.
Sixth, integrated operation: Minsheng Bank is committed to the development of collectivization, diversification and integration, and continues to promote the coordination of integrated services within and between parent and subsidiary companies, the business coordination between parent bank and subsidiary companies, the construction of scientific and effective group management and control system, the optimization of performance appraisal and resource allocation schemes of subsidiaries, the construction of subsidiary system platforms, and the continuous improvement of the Group's service ability to provide customers with integrated financial solutions.
Seventh, overseas business sector: Minsheng Bank Hong Kong Branch focuses on strategic opportunities such as "Guangdong-Hong Kong-Macao Greater Bay Area" and provides professional cross-border financial solutions with the advantage of cross-border linkage with the head office; Around the capital market, investment banking businesses such as syndicated loans, M&A loans and structured financing have developed steadily.
Relying on the status of an international financial center, we will steadily expand our financial market business. By the end of June 2020, the balance of bond investment of the branch was HK$ 60.906 billion, the scale of foreign exchange transactions on behalf of customers was US$ 465.438+565.438+0 billion, and the scale of asset custody was HK$ 54.392 billion. At the same time, it adheres to the positioning of Internet light banking with online banking and mobile banking as carriers, and constantly improves the cross-border comprehensive service capability of personal wealth management, becoming one of the few Chinese-funded joint-stock commercial banks with online fund financing platform in Hong Kong market.