What are the retail businesses of Bank of China

Retail banking can be traditional banking or new business, which can be asset business, liability business, intermediary business, online banking, etc. Liability business, demand deposits, time deposits, credit card deposits, financial bonds, large negotiable certificates of deposit.

Retail banking (Retail banking) refers to the use of modern business concepts, relying on high-tech means, to individuals, families and small and medium-sized enterprises to provide, including access to money, loans, settlements, remittances, investment, wealth management, including a comprehensive, integrated financial services.

Retail business is the service to individual customers, which can be divided into retail business and corporate business. All services to individuals are retail business, and since credit cards are sold to individuals, they certainly belong to retail business, including daily access and rental of safe deposit boxes.

Financing:

In a narrow sense, financing is the act and process of raising funds for a business. That is, the company according to its own production and operation situation, capital possession and the company's future business development needs for scientific prediction and decision-making.

To take a certain way, through certain channels to the company's investors and creditors to raise funds, the organization of the supply of funds to ensure that the company's normal production needs and financial management activities.

Broadly speaking, financing is also called finance, is the financing of monetary funds, is the parties through various means to raise or lend funds in the financial market behavior.