Are there any private banks in China?

Such as Minsheng Bank, Shang Hui Bank and Zheshang Bank.

Because private capital occupies a controlling position among the three banks, it is considered as a private bank.

Extended data:

Types of private banks:

1, offshore funds

Offshore funds, also known as overseas funds, refer to investment funds whose fund capital comes from abroad and invests in foreign securities markets.

Its main function is to avoid the risk of a single domestic market and help customers allocate assets globally.

According to the different registered places and pricing currencies of fund issuing companies, it can be divided into: funds raised by overseas fund companies, funds introduced by investment consulting companies established in China, and funds subscribed by domestic investors. Such funds are registered overseas, especially in some "tax havens", which are issued by domestic fund companies to invest in overseas funds.

2. Global wealth protection

Global wealth protection, setting up offshore private companies in overseas tax-free countries and regions is one of the important schemes, which is helpful for tax and estate planning.

Its main function is to hold foreign currency deposits, securities investment, gold, real estate, land and other assets. If it is combined with family trust funds established overseas, the protection effect will be better.

3. Family Trust Fund

Family trust fund is also an effective way for private banks to protect customers' wealth. Trust fund is a legal relationship in which the trustor transfers the ownership of his property to the trustee, so that the trustee can hold and manage the trustor's assets for the benefit of the beneficiary according to the regulations of trust deed.

According to the trust agreement, the trustee is the legal owner of the property and must manage the property according to the applicable laws and the terms of the trust agreement. Based on the beneficiary's legal right to own the trust property, and he must be responsible for the trust, only the beneficiary can implement the trust terms.

Baidu encyclopedia-private bank

Baidu Encyclopedia-China Minsheng Bank

Baidu Encyclopedia-Shang Hui Bank

Baidu Encyclopedia-Zheshang Bank