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Are Zhongfu Bank and China Bank the same bank?
Zhongfu Bank and China Bank are not the same bank. Bank of China was formally established on February 5th, 19 12. Its headquarters is located in Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government, a state-owned financial institution under the leadership of the Bank of China, and a note-issuing bank in Hong Kong and Macao under the guidance of Socialism with Chinese characteristics Thought in the new era. Its business scope covers commercial banks, investment banks, funds, insurance and aviation leasing. Zhongfu Bank is a village bank affiliated to China. Zhongfu Bank is a village bank jointly sponsored by China Bank and Fu Deng Financial Holdings. These two banks do not belong to the same bank.