Commercial banks refer to financial institutions that absorb public deposits, issue loans, handle settlement and other businesses, and take profit as their main goal. Main functions (business): deposit business, loan business and settlement business.
The central bank is an institution established by the government, which is responsible for controlling the national money supply and credit situation and supervising the financial system, especially commercial banks and other savings institutions. In short, it is a national institution. The main function is to act as an agent for the state treasury; Acting as an agent to issue state bonds; The state gives credit support; Maintain foreign exchange and gold reserves; Formulate and supervise financial management regulations related to entertainment; Adjust interest rates, deposit reserve ratio, etc. , which is often said to formulate monetary policy.
A securities company is a legal person enterprise specializing in securities trading. Divided into securities management companies and securities registration companies.
In a narrow sense, a securities company refers to a securities business company, which is an institution that specializes in securities business after being approved by the competent authority and obtaining a business license from the relevant administrative department for industry and commerce. Having the membership of a stock exchange, you can underwrite the issuance, self-management or agent trading of securities. Ordinary investors must invest in securities through securities companies.
Insurance is an economic form to establish the economic relationship between the two parties in the form of a contract, and to compensate or pay the losses caused by disasters and accidents by paying insurance premiums within the scope stipulated in the insurance contract, thus establishing an insurance fund. Insurance is one of the oldest risk management methods. In an insurance contract, the insured pays a fixed amount (premium) to the insurer. The former is guaranteed: within a specified period, the latter will compensate for any loss caused by a specific event or a group of events. Insurance belongs to the economic category, which reveals the essence and essence of insurance.
Trust is the entrustment of credit, and trust business is a legal act based on credit, which generally involves three parties, namely, the trustor of investors' credit, the trustee of the trustee and the beneficiary of others' benefits. Trust business is that the trustor transfers the property rights to the trustee (natural person or legal person) for the benefit of himself or a third person (beneficiary) according to the contract or the will, and the trustee occupies, manages and uses the trust property according to the prescribed conditions and scope, and disposes of its income.