Can rural commercial banks sell funds publicly?
According to the list of public offering fund sales organizations disclosed by official website of China Securities Regulatory Commission, there are 98 commercial banks that have obtained the qualification of consignment fund, including 18 national commercial banks, 50 city commercial banks, 20 rural commercial banks and 10 domestic and foreign corporate banks. In addition, there are 98 brokers, 3 futures companies, 3 insurance companies, 6 securities investment consulting institutions and 42 independent fund sales institutions with fund sales qualifications.