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Types of banks

The types of banks are as follows:

1. National Bank: China People's Bank.

2. Policy banks: China Development Bank, Agricultural Development Bank of The Export-Import Bank of China and China.

3. Large commercial banks: China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank and Bank of Communications.

4. Joint-stock commercial banks: CITIC Bank, China Merchants Bank, Shenzhen Development Bank, Industrial Bank, Guangfa Bank, China Everbright Bank, Shanghai Pudong Development Bank, Huaxia Bank, Minsheng Bank, hengfeng bank, Zheshang Bank and Bohai Bank.

5. Sino-foreign joint venture banks: Sino-German Housing Savings Bank, Xiamen International Bank, Huayi Bank and Dazu HSBC Rural Bank.

6. Foreign corporate banks: 20 foreign corporate banks including HSBC (China), Standard Chartered Bank (China), Citibank (China), DBS Bank (China), Mizuho Industrial Bank (China), Mitsubishi UFJ Bank (China) and ABN Amro Bank (China).

7. Overseas Chinese corporate banks: Bank of East Asia (China), Nanyang Commercial Bank (China), Hang Seng Bank (China), Wing Hang Bank (China), Overseas Chinese Bank (China), China CITIC Bank International (China), United Bank (China), Dah Sing Bank (China) and United Overseas Chinese Bank (China).

8. Branches of foreign banks: 35 branches of foreign banks such as Commerzbank Shanghai Branch, Barclays Bank Shanghai Branch, Bank of America Shanghai Branch, Dutch Immigration Bank Shanghai Branch and Bank of Montreal Guangzhou Branch.

9. City commercial banks: Baoding City Commercial Bank, Bank of Beijing, Langfang Bank, Changsha Bank, bank of dalian, Chengde Bank, Hankou Bank, etc. , total 147.

Extended data:

Responsibility of banks

Banks are one of the financial institutions. Banks are divided into central banks, policy banks, commercial banks, investment banks and the World Bank, with different responsibilities.

Central Bank: China People's Bank is the central bank of China. Responsibilities: Implement monetary policy, macro-control the national economy, supervise and manage financial institutions and even specialized financial institutions in the financial industry.

Responsibilities of policy banks: financial institutions that participate in or guarantee shares, engage in policy financing activities directly or indirectly in specific business areas, and serve as tools for the government to develop the economy, promote social progress and conduct macroeconomic management.

Responsibilities of commercial banks: financial institutions that undertake credit intermediary through deposits, loans, remittances, savings and other businesses. Commercial banks are one of the most important financial institutions, and their main business scope includes absorbing public deposits, issuing loans and discounting bills.

Responsibilities of investment banks: non-bank financial institutions engaged in securities issuance, underwriting, trading, enterprise restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses.

Responsibilities of the World Bank: It is used to help countries overcome poverty, and various institutions play a unique role in the mission of alleviating poverty and improving living standards.

References:

Baidu encyclopedia-bank