What types of banks are there in China?

Banks are divided into central banks, policy banks, commercial banks, investment banks and the World Bank, with different responsibilities.

Central Bank: China People's Bank is the central bank of China.

State-owned policy banks: including The Export-Import Bank of China, China Agricultural Development Bank and China Development Bank. ?

State-owned commercial banks: including China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank, China Postal Savings Bank and Bank of Communications. ?

Investment banks: including Goldman Sachs, Morgan Stanley, Citigroup, Wells Fargo, UBS Group AG, Societe Generale, etc.

World Bank: It is used to help countries overcome poverty. Various institutions play a unique role in alleviating poverty and improving living standards.

Extended data:

On the one hand, the bank's business is to collect idle monetary funds and small-amount monetary savings in society by absorbing deposits, and then lend them to people who need to replenish money in the form of loans.

These institutions jointly provide low-interest loans, interest-free credits and grants to developing countries. It is an international organization, whose initial mission is to help the countries destroyed in the Second World War to rebuild.

The profit channels of banks include loans, bank insurance, sales of wealth management fund products, sales of financial equipment, consumption profit of financial intelligent terminal business, hedging business, bill business and so on.

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