I. Compliance of China Bank's salary wallet. Bank of China salary wallet is a monetary fund issued by Bank of China Fund Company. Monetary funds are invested and managed by fund companies, and fund assets are managed by fund custodians (usually banks). Money funds, like stocks and bank financing, are formal investment products, and the products are legal, unlike P2P, which always runs away.

Second, the principal of BOC's salary wallet is safe. The currency risk of BOC's salary wallet is relatively low, similar to Yu 'ebao. The main investment directions of money funds are government bonds, central bank bills, bank agreement deposits, interbank deposit certificates and short-term interest rate bonds. These investment products are relatively safe, and there is basically no problem with the principal.

Third, the expected income security of BOC's salary wallet. The latest 7-day annualized expected yield of BOC salary wallet currency is 3. 19%, which is a high level among similar products. Judging from the historical expected income, the performance of BOC salary wallet has been excellent, and the expected income is relatively stable.

CITIC Bank, formerly known as CITIC Industrial Bank, was founded in 1987 and renamed at the end of 2005. CITIC Bank is one of the national commercial banks in China, with its headquarters in Beijing. The major shareholder is China CITIC Company Limited. Banco Bilbao Vizcaya Argentina (S.A. BBVA) invested 50,654.38 billion euros (about HK$ 5.02 billion) to buy 5% of the shares of CITIC Bank, or it may choose to increase its shareholding in CITIC Bank to 10.07%. On April 27th, 2007, CITIC Bank was listed on the Shanghai Stock Exchange. CITIC Bank is the seventh largest bank in Chinese mainland, with total assets exceeding HK$ 65,438+0,200 billion, * * * employees exceeding 65,438+0,600 and more than 540 branches. It is one of the six banks and three guarantees for Chinese financial stocks in Hong Kong.

At the end of 1984, with the need of economic development, Mr. Rong Yiren, the chairman of China International Trust and Investment Corporation (hereinafter referred to as CITIC Corporation), wrote to the Central Committee specifically, requesting to set up a bank under CITIC Corporation to fully operate foreign exchange banking business. With the consent of the People's Bank of the State Council and the People's Bank of China, we will set up a banking department to expand foreign exchange banking business and do a good job in preparation.

On May 9, 2020, the Consumer Protection Bureau of the China Banking Regulatory Commission reported that in March, 2020, CITIC Bank provided personal bank account transaction details to a third party without the authorization of the customer himself, which violated the principle of confidentiality for depositors. Our bureau will start the investigation procedure in accordance with relevant laws and regulations and investigate and deal with it strictly according to law.