1 thought on “Does Minsheng Bank belong to regular banks?”

  1. belong. Minsheng Bank is a regular bank.
    The national joint -stock commercial banks, which was established by Minsheng Bank on January 12, 1996, is mainly established by private enterprises. It is a modern financial enterprise established in strict accordance with the “Commercial Bank Law” and “Company Law”.
    The expansion information
    Themumin bank (CMBC) is the first national joint -stock commercial bank that is mainly initiated by private enterprises, which was officially established on January 12, 1996.
    The business scope
    MPC business scope
    (1) Absorbing public deposits; (2) issuing short -term, medium -term and long -term loans; (3) to handle domestic and foreign settlement; Cashfulness; (5) Issuing financial bonds; (6) Agent issuance, agency redemption, underwriting government bonds; (7) buying and selling government bonds and financial bonds; (8) engaged in interbank borrowing; (9) trading, agent trading foreign exchange; 10) Entering bank card business; (11) Provide credit services and guarantees; (12) agency receivables and proxy insurance business; (13) providing storage box services; (14) Other businesses approved by the institution. With the approval of the People’s Bank of China, it can operate foreign exchange settlement and foreign exchange sales business.
    Stocks
    It is the company’s banking sector: covering institutional business, investment banking business, trading banking business, supply chain financial business, etc.
    The retail banking sector: cover small and micro financial business, credit card business, private banking business, community financial business, etc.
    The third is the financial market sector: own investment business, interbank business, custody business, wealth management business, precious metal and foreign exchange trading business, etc.
    Fourth is the network financial sector: Minsheng Bank continues to innovate online banking, mobile banking, WeChat banking “three banks”, as well as bank -enterprise direct platform, online payment platform, digital operation platform, open bank service platform “four four” four platform”.
    Fifth is technology finance: Minsheng Bank focuses on the construction of “traffic, gathering, profit” cash management product system, trade financing product full online system, new supply chain “E” series product system, digital marketing management and operation platform , Focus on the retail customer base ecological scenarios, key construction product centers, intelligent marketing platforms, smart billing platforms, mobile financial platforms, Internet joint loan products, interbank customer group ecological scenarios, key construction of “Minsheng Foreign Industry E Platform”, “Fund Fund Cloud” , “Care Cloud” project.
    At the same time, focusing on the construction of the “zero contact” online service system, “5G mobile banking”, public remote banking bank, “cloud witness”, “cloud -faced signing” service, construction covers the head office, branch and affiliated agencies Internet security protection architecture, improve refined operating capabilities, decision -making capabilities, and information technology risk management capabilities.
    If of which is comprehensive management: Minsheng Bank is committed to grouping, diversified, and comprehensive development, continuously promoting comprehensive service collaboration between banks and parent and subsidiaries. Promote the construction of a scientific and effective group management and control system, optimize the performance assessment and resource allocation plan of affiliated institutions, promote the development of the subsidiary system system platform, and continuously improve the service capabilities of the Group with the service of comprehensive financial solutions to customers.
    Seven is an overseas business sector: Minsheng Bank Hong Kong Branch relying on the advantages of cross -border linkage with the head office, focusing on the strategic opportunities such as the “Guangdong -Hong Kong -Macao Greater Bay Area” and providing professional cross -border financial solutions; Investment banking businesses such as loans, mergers and acquisitions, and structural financing have achieved steady development.
    Relyingly on the status of the Hong Kong international financial center to steadily expand the financial market business. As of the end of June 2020, the investment balance of the branch bonds was HK $ 60.906 billion, the scale of foreign exchange trading was US $ 4.151 billion, and the scale of asset custody was HK $ 54.392 billion. At the same time, insisting on the Internet light banking with online banking and mobile banking as the carrier, it has continuously improved the cross -border comprehensive service capabilities of personal wealth management. one.

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