What does the asset custody business include

Asset custody business refers to the business that qualified commercial banks, as custodians, sign entrusted asset custody contracts with clients in accordance with relevant laws and regulations, safely keep entrusted investment assets and perform relevant duties of custodians. There are many kinds of bank custody business, including securities investment fund custody, entrusted assets custody, social security fund custody, enterprise annuity custody, trust assets custody, rural social security fund custody, basic old-age insurance personal account fund custody, supplementary medical insurance fund custody, income and expenditure account custody, QFII (qualified foreign institutional investors) custody, valuables custody and so on.

Reply time: 2021-11-30. Please refer to the latest business changes announced by Ping An Bank in official website.