What are the commercial banks in China?

There are three types of commercial banks:

State-owned commercial banks: China Industrial and Commercial Bank, Agricultural Bank, China Bank, China Construction Bank and China Postal Savings Bank;

Joint-stock banks: Bank of Communications, China Merchants Bank, Industrial Bank, Huaxia Bank, etc.

Local commercial banks: local city commercial banks such as Bank of Beijing and Westbank; Rural commercial banks such as rural credit cooperatives and rural banks.

Extended data:

Commercial Bank, abbreviated as CB in English, is a kind of bank, whose duty is to act as a credit intermediary for financial institutions through deposits, loans, remittances and savings. The main business scope is to absorb public deposits, issue loans and discount bills. General commercial banks have no right to issue money, while traditional commercial banks mainly focus on deposits and loans.

From August 20 14 1 day, individual customer account management fees, annual fees and pension withdrawal fees are conditionally exempted, and some charging standards are reduced. The highest handling fee for personal inter-bank counter transfer and remittance is capped in 50 yuan, and the handling fee for public inter-bank counter transfer and remittance is capped in 200 yuan. ?

References:

Commercial Bank _ Baidu Encyclopedia