What are the commercial banks in China?

What are the commercial banks in China?

1, a large commercial bank

There are five large commercial banks, namely, industry, agriculture, construction, communications and medium-sized banks, whose total assets account for one third of the total assets of the entire banking system. It can be said that the scale is very large, and many college graduates work in these five banks every year.

2. Joint-stock banks

There are 12 national joint-stock commercial banks in China, including: China CITIC Bank, China Everbright Bank, Huaxia Bank, Guangfa Bank, Ping An Bank, China Merchants Bank, Shanghai Pudong Development Bank, Industrial Bank, Minsheng Bank, hengfeng bank, Zheshang Bank and Bohai Bank. These 12 banks also recruit employees from abroad every year.

3. City Bank

Basically, every region will have a local city bank, such as Bank of Ningbo Bank and Nanjing Bank, and there are a large number of such banks.

4. Rural credit cooperatives

Rural credit cooperatives are located all over towns and villages, and basically take the county as the first-level institution. They are the largest financial institutions in rural areas, serving agriculture, countryside and farmers and making great contributions to rural economic construction and development. Many rural credit systems have been reformed, such as Chengdu Rural Commercial Bank, whose predecessor was Chengdu Rural Credit Cooperative.