Other businesses approved by China CIRC. As a wholly-owned subsidiary of Bank of China, the company adopts the innovative business model of bank insurance, makes full use of the brand, channels, customer resources and business opportunities of Bank of China, and forms a joint force of bank insurance through seamless docking with Bank of China;
Enhance the competitiveness of the group, improve customer loyalty, meet customers' demand for comprehensive financial services, and consolidate diversified financial service platforms; At the same time, the company has established business cooperation relations with banks such as China Bank (Hongkong), China Merchants Bank, Industrial Bank, Nanyang Commercial Bank and Zhuhai Nantong Bank, and many successful cases of bank-insurance cooperation have emerged.
2. Agricultural Bank: Agricultural Bank of China Life Insurance
China Agricultural Bank Life Insurance Co., Ltd. is a national life insurance company registered in the State Administration for Industry and Commerce, which is jointly established by China Agricultural Bank Co., Ltd. and Beijing Zhongguancun Science City Construction Co., Ltd.
3. China Construction Bank: Jianxin Life Insurance
Jianxin Life Insurance Co., Ltd. Jianxin Life Insurance Co., Ltd. is a life insurance company controlled by China Construction Bank Co., Ltd. ..
4. ICBC: ICBC AXA Life Insurance.
ICBC-AXA Life Insurance Co., Ltd. (hereinafter referred to as "ICBC-AXA Life Insurance") is jointly established by Industrial and Commercial Bank of China, AXA Group, a global insurance group, and China Minmetals Corporation, a global top 500 central enterprise.
Extended data
At present, the financial industry all over the world generally presents the trend of business integration. According to statistics, more than 50 countries allow banks to operate securities business, and more than 30 countries allow banks to operate insurance business. In China, commercial banks are trying to realize the cross-industry flow of bank funds by setting up financial groups, fund companies and exploring the establishment of insurance companies.
In fact, the integration of financial business is increasingly becoming a new trend of financial innovation in China's banking industry. In 2005, China Development Bank and China Construction Bank successively launched the pilot work of asset securitization. Development Bank issued 654.38+0 billion yuan of corporate loan-backed securitization bonds, and China Construction Bank issued more than 3 billion yuan of personal housing mortgage-backed securitization bonds.
In order to meet the needs of market development, commercial banks have steadily explored cross-industry operations, expanded business areas, and improved capital operation efficiency and profitability. "With the end of the transition period of China's accession to the WTO at the end of this year, it has become the development demand of many commercial banks in China to explore and carry out multi-level and multi-form comprehensive operations."
Baidu encyclopedia-ICBC AXA life insurance co., ltd
Baidu encyclopedia-BOC insurance co., ltd
Baidu encyclopedia-Jianxin life insurance
Baidu Baike-Agricultural Bank of China Life Insurance Co., Ltd.