Which are the state-owned commercial banks

There are six state-owned commercial banks, which are:

1. ICBC. ICBC was founded in 1984 and is now the largest commercial bank in China.

2. Construction Bank. CCB was founded in 1954 and its head office is in Beijing.

3. Agricultural bank. Agricultural bank was founded in 1951, the head office is in Beijing.

4. Bank of Communications. The Bank of Communications was founded in 1908, with its head office in Shanghai.

5. Postal Bank. The Postal Bank was founded in 2007 and its head office is in Beijing.

6, Bank of China. The Bank of China was founded in 1912 and its head office is in Beijing.

Internetbank (Internetbank or E-bank), contains two levels of meaning, one is the concept of institutions, refers to the information network through the opening of the business of the bank; the other is the concept of business, refers to the bank through the information network to provide financial services, including the traditional banking business and due to the application of information technology brought about by the emerging business.

In our daily life and work, we refer to online banking, more the second level of concept, that is, the concept of online banking services. Online banking is not just a simple transfer of traditional banking products from the Internet, other services and the connotation of certain changes, but also due to the application of information technology, and produce a whole new variety of business.

Features:

The full realization of paperless transactions

Most of the previously used bills and documents are replaced by e-checks, e-money orders, and e-receipts; the original paper money is replaced by electronic money, i.e., e-cash, e-wallets, and e-credit cards; and the original postal mailing of paper documents is changed to transmission through data communication networks.

High quality of service

Through Internet banking, users can enjoy a full range of services that are convenient, fast, efficient and reliable. Anytime you need to use the services of the Internet banking, not limited by time and geography, that is, the realization of 3A services (Anywhere, Anyhow, Anytime).

Low operating costs

Because of the virtual reality information processing technology used in Internet banking, Internet banks can reduce the number of business locations while ensuring that the original business volume is not reduced.

Easy to use

Online E-mail communication is also very flexible and convenient, facilitating communication between customers and banks as well as within banks. Internet banking has many advantages over traditional banking.

One is to greatly reduce the bank's operating costs, and effectively improve the bank's profitability. Starting online banking, mainly using public **** network resources, without the need to set up physical branches or business outlets, reducing staff costs and improving the efficiency of the bank's back-office system.

The second is that there are no time and space constraints, which is conducive to expanding the customer base. Internet banking breaks the geographical and time limitations of traditional banking, with 3A characteristics, that is, the ability to provide financial services to customers at any time (Anytime), any place (Anywhere), in any way (Anyhow), which is conducive to attracting and retaining high-quality customers, but also to take the initiative to expand the customer base, to open up new sources of profit.

Third, it is conducive to service innovation, to provide customers with a variety of personalized services. The sale of financial products such as insurance, securities and funds through bank outlets is often subject to great restrictions, mainly due to the difficulty of providing customers with detailed, low-cost information and consulting services through general outlets. The use of the Internet and the bank payment system, easy to meet the needs of customers to consult, purchase and trade a variety of financial products, customers in addition to banking, but also can be very convenient to buy and sell stocks and bonds online, etc., online banking can provide customers with more appropriate personalized financial services

Development Model

One is completely dependent on the Internet's intangible e-banking, also known as " Virtual Bank"; the so-called virtual bank is that there is no actual physical counter as a support for online banking, this online bank generally only an office address, no branches, and no business outlets, the use of the Internet and other high-tech means of service and customers to establish close contact with the provision of a full range of financial services.

The United States security first online bank as an example, it was established in October 1995, is established in the United States of America's first virtual online bank without business outlets, its business hall is the web page screen, the bank's employees at that time only 19 people, the main work is the maintenance and management of the network.

The other is based on the existing traditional banks, the use of the Internet to carry out traditional banking transaction services. That is, traditional banks use the Internet as a new means of service to provide customers with online services, in fact, is the extension of traditional banking services on the Internet, which is the main form of online banking existence, but also the vast majority of commercial banks to take the development of online banking mode.