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What exactly does the financial institution department of a bank do?
The financial institutions department refers to the banking department responsible for debt business, asset business and intermediary business. To serve the customers of banks and (non-bank) financial institutions, and to use the bank's own resources for the purpose of obtaining comprehensive benefits.

Extended data:

The financial institutions department includes the following sub-departments: ① Central Bank; ② Commercial banks and other deposit companies; Financial intermediaries such as trust and investment companies and securities companies, excluding insurance companies and pension funds; (4) financial subsidiaries; ⑤ Insurance companies and pension funds; ⑥ Policy banks.

In addition, according to whether it is controlled by the government, private or foreign countries, financial institutions can be divided into: ① public finance department; (2) domestic private financial sector (currently there is none in China); ③ Foreign-controlled financial institutions.

According to its status and functions, the Financial Institutions Department is divided into four categories:

First, the central bank. The central bank in China is the People's Bank of China.

The second category is banks. Including policy banks, commercial banks and village banks.

The third category is non-bank financial institutions. It mainly includes state-owned and joint-stock insurance companies, urban credit cooperatives, securities companies (investment banks), finance companies and third-party wealth management companies.

The fourth category is foreign-funded, overseas Chinese-funded and Sino-foreign joint venture financial institutions established in China.

What are the supervision departments of financial institutions in China?

China's current financial supervision structure is "one line, three meetings". "One line" refers to the People's Bank of China. The "three meetings" are the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, which are respectively responsible for the supervision of the three major markets of banking, securities and insurance.

1, People's Bank of China, responsible for monetary policy.

2. China Banking Regulatory Commission (hereinafter referred to as CBRC) shall exercise unified supervision and management over banks, financial asset management companies, trust and investment companies and other deposit-taking financial institutions.

3, China Securities Regulatory Commission, responsible for the centralized and unified supervision of the national securities and futures industry.

4 China CIRC is responsible for the unified supervision and management of the national insurance market.

Each department has a clear division of labor and performs its duties.