The word "financial management" first appeared in newspapers in the early 1990s. With the expansion of China's stock and bond markets, the enrichment of commercial banks and retail businesses, and the increase of citizens' income, the concept of "financial management" has gradually become popular.
Extended information:
Financial management methods:
Before investing and financing, investors need to open corresponding investment and financing accounts. In order to prevent investors from falling into the misunderstanding of investment and financial management, resulting in property and spiritual losses, investors should go to formal financial institutions that meet the requirements of national supervision when opening investment and financial management accounts such as savings, insurance, stocks, bonds, foreign exchange, futures and gold.
Financial institutions in China are mainly divided into three parts: banks, insurance and securities. However, from the perspective of investment and financing channels, securities companies can provide investors with more investment and financing channels and apply for more types of investment and financing accounts. Some financial instruments (such as bonds) can also open investment and financial accounts through various channels (banks or securities companies).
Generally speaking, banks can handle savings products, bank wealth management products and fund products through investment and wealth management accounts opened by banks, and large banks can also purchase government bonds through the banking system. Due to the wide distribution of bank outlets, investment and wealth management accounts opened through bank channels can be handled at bank counters.