Are the financial products of China's four largest banks the safest?

Not the safest, just in comparison, the investment itself is risky, no matter what bank and platform. But the four major banks than the other two major advantages. Risk resistance is strong, the safety factor is high, most financial products have a threshold. At present, "the most reliable" financial products can choose "bank deposits" products, according to the deposit insurance protection system, within 50W 100% compensation. Of course, the "deposit" does not mean that directly to the bank to deposit demand, or fixed-term, you can pay attention to the small and medium-sized banks issued by the smart deposit products or large certificates of deposit, the rate of return can be in about 4%. Compared to the modern variety of online financial management, the financial characteristics of the four major banks is that most of the financial products are equipped with a threshold for the purchase amount, usually 50,000 yuan. Financial products are liquid and all are safer.

1. China's four major banks, refers to the four large state-owned banks directly controlled by the state (Ministry of Finance, the Central Huijin Company), _1-2]_ Specifically, including: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank (Industrial, Agricultural, China, construction), also known as the central four banks, which represents China's strongest financial capital strength. The four state-owned banks have experienced from the beginning of the founding of the country, their respective division of labor stage of specialized banks, to the new century, each basically become a comprehensive large-scale listed banks, and are among the world's top 500 companies in the development strategy. Today's four major banks are no longer a single business scope, *** with the same toward the goal of comprehensive, international, modern large commercial banks.

2. Wealth management products, that is, by commercial banks and formal financial institutions to design and issue their own products, the funds collected according to the contractual agreement of the product into the relevant financial markets and purchase of relevant financial products, to obtain investment income, according to the contractual agreement to be allocated to the investors of a class of products. The CBIRC issued the Interim Measures for the Administration of Wealth Management Products Sales by Wealth Management Companies to strengthen the management of the sales process of wealth management products and clarify a number of prohibited behaviors in the sales process of wealth management products in order to effectively protect the legitimate rights and interests of investors. The measures are effective from June 27, 2021 onwards.