1. Industrial and Commercial Bank of China
(INDUSTRIALANDCOMMERCIALBANKOFCHINA, ICBC for short) was established on January 1, 1984. The head office is located at No. 55 Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. The basic mission of ICBC is to raise social funds through domestic and foreign financing activities in accordance with national laws and regulations, strengthen credit fund management, support enterprise production and technological transformation, and serve my country's economic construction.
2. China Construction Bank
(China Construction Bank) was established on October 1, 1954. The head office is located at No. 25 Financial Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. China Construction Bank's main business areas include corporate banking, personal banking and treasury services. It has branches and subsidiaries in 29 countries and regions, and owns funds, leasing, trusts, life, property and casualty insurance, investment banking, futures, and pensions. subsidiaries in many industries.
3. Bank of China
(BANKOFCHINA) was formally established on February 5, 1912 with the approval of Mr. Sun Yat-sen. The head office is located at No. 1, Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. As a state-owned financial institution under the leadership of the Communist Party of China, Bank of China is guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era. Bank of China is the note-issuing bank in Hong Kong and Macau. Its business scope covers commercial banking, investment banking, funds, insurance, aviation leasing, etc.
4. Agricultural Bank of China
(AGRICULTURALBANKOFCHINA, ABC, Agricultural Bank of China) was established in 1951. The head office is located at No. 69 Jianguomennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. Agricultural Bank of China is an important part of China's financial system. It provides a variety of corporate banking and retail banking products and services, and also carries out financial market business and asset management business. Its business scope also covers investment banking, fund management, financial leasing, life insurance, etc. field.
5. Bank of Communications
(English name Bank of Communications, referred to as BCM, Chinese name Bank of Communications) was founded in 1908. It is one of the six major banks in China and the oldest in China. One of the banks and one of the note-issuing banks in modern China. On April 1, 1987, the reorganized Bank of Communications officially opened for business and became China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and successfully listed on the Shanghai Stock Exchange in May 2007.
Extended information:
Origin
The word bank comes from Banca, Italy. Its original meaning is bench or chair. It is the earliest currency exchanger in the market. business tools. Translated into English as Bank, it means a cabinet for storing money. In our country, the reason why it is called "bank" is related to the history of our country's economic development.
In the history of our country, silver has always been one of the main monetary materials. "Yin" often represents currency, while "行" is the name for large commercial institutions. Calling large financial institutions that handle money-related matters as banks was first seen in "The New Chapter of Zizheng" written by Hong Rengan of the Taiping Heavenly Kingdom.
Origin
It is generally believed that the earliest bank was the bank established in Venice in 1407 in Italy. Later, the Netherlands established banks in Amsterdam, Germany in Hamburg, and the United Kingdom in London. From the end of the 18th century to the beginning of the 19th century, banks developed generally.
In the 17th century, some common people got rich through doing business and became wealthy businessmen. They all kept their money in the king's treasury for safety. It should be noted here that there were no banknotes at that time, so saving money meant storing gold.
Because the "Freecoinage" system was implemented at that time, anyone could take gold nuggets to the mint and cast them into gold coins, so the mint allowed customers to store gold. Unfortunately, these merchants did not realize that the mint belonged to the king, and if the king wanted to use the gold in the mint, there was nothing he could do to stop it.
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