Second, private banks include: Minsheng Bank, Hua Xia Bank, China Everbright Bank, Shanghai Pudong Development Bank, China Merchants Bank, Shanghai Huarui Bank, and Zhejiang Online Commerce Bank.
3. Brief introduction to specific national banks:
1. Industrial and Commercial Bank of China
ICBC or ICBC for short, was established on January 1, 1984. The head office is located at No. 55 Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. The basic mission of ICBC is to raise social funds through domestic and foreign financing activities in accordance with national laws and regulations, strengthen credit fund management, and serve my country's economic construction.
2. Agricultural Bank of China
Abbreviated as ABC or Agricultural Bank of China, it was established in 1951. The head office is located at No. 69 Jianguomennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. Agricultural Bank of China provides a variety of corporate banking and retail banking products and services, and carries out financial market business and asset management business. Its business scope also covers investment banking, fund management, financial leasing, life insurance and other fields.
3. Bank of China
Referred to as BOC or Bank of China, it was officially established on February 5, 1912. The head office is located at No. 1 Fuxingmennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. Bank of China is the note-issuing bank in Hong Kong and Macau. Its business scope covers commercial banking, investment banking, funds, insurance, aviation leasing, etc. Bank of China is the only bank in China that has been in continuous operation for more than a century.
4. China Construction Bank
Referred to as CCB or CCB, it was established on October 1, 1954. The head office is located at No. 25 Financial Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. China Construction Bank's main business areas include corporate banking, personal banking and treasury services, and has subsidiaries in multiple industries such as funds, leasing, trusts, life, property and casualty insurance, investment banking, futures, and pensions.
5. Bank of Communications
Referred to as BCM or Bank of Communications, it was founded in 1908 as a state-owned commercial bank. On April 1, 1987, the reorganized Bank of Communications officially opened for business and became China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and on the Shanghai Stock Exchange in May 2007.
6. Postal Savings Bank of China
Referred to as PSBC or Postal Savings Bank, it was officially established on March 20, 2007. ?It is the fifth largest bank in China and a state-owned commercial bank established on the basis of reforming the postal savings management system. On February 27, 2012, with the approval of the State Council, the Postal Savings Bank of China Co., Ltd. was legally restructured into the Postal Savings Bank of China Co., Ltd. on January 21, 2012.
7. China Development Bank
Established in 1994, it is a policy bank directly under the leadership of the State Council. In December 2008, it was restructured into China Development Bank Co., Ltd. The registered capital of China Development Bank is 421.248 billion yuan. Its shareholders are the Ministry of Finance of the People's Republic of China, Central Huijin Investment Co., Ltd., Wutongshu Investment Platform Co., Ltd. and the National Council for Social Security Fund. The Ministry of Finance holds 36.54% of the shares. .
8. Export-Import Bank of China
The Export-Import Bank of China is funded by the state and directly under the leadership of the State Council. It supports China’s foreign economic, trade, investment development and international economic cooperation, and has independent legal person status. state-owned policy banks. ?
9. Agricultural Development Bank of China
The Agricultural Development Bank of China is China’s only agricultural policy bank directly under the leadership of the State Council. It was established in November 1994. Its main responsibilities are to raise funds based on national credit in accordance with national laws, regulations and policies, undertake agricultural policy financial services, act as an agent for the allocation of fiscal funds to support agriculture, and serve agriculture and rural economic development.
Four. Brief introduction to private banks:
1. Minsheng Bank
The first national joint-stock private commercial bank established by private capital in mainland China , established on January 12, 1996. Major shareholders include Liu Yonghao's New Hope Group, Zhang Hongwei's Eastern Group, Lu Zhiqiang's China Oceanwide Holdings Group, China Shipowners Mutual Insurance Association represented by Wang Yugui, China Life Insurance Company, Shi Yuzhu, etc.
2. Hua Xia Bank
Founded in October 1992 in Beijing, it is a joint-stock bank. In March 1995, the shareholding system reform was implemented; in September 2003, the stock was initially publicly issued and listed for trading (stock 600015), becoming the fifth listed bank in the country; in October 2005, Deutsche Bank was successfully introduced as an international strategic investor; in October 2008 In April 2011, it successfully completed two non-public offerings of shares.