Can financial institutions set up their own property companies?

Financial institutions can set up their own property companies. The conditions for opening a property management company are:

1. Property with a certain construction area.

2. It has registered capital that meets the requirements.

3. The company name meets the requirements.

4. The Articles of Association are valid.

5. Have a fixed office space and facilities.

6, there are management institutions and personnel, etc. Only those who meet the above conditions can start a property management company.