1 thought on “Which banks in China are retail banks?”

  1. Retail Banking is one of the types of banks. Their service targets are ordinary popular citizens, small and medium -sized enterprises and personal small households. Retail banking service customers are usually interacting through bank branches, automatic tellers and online banking. Corresponding to the wholesale bank (WHOLESALE Bank). X0DX0A usually the banks that mainly provide services to consumers and small businesses are called Retail Bank X0DX0A retail banking. Comprehensive, integrated financial services, including access to money, loans, settlement, exchange, investment and financial management. Retail banking business is not the abbreviation of a certain business, but the general name of many businesses. It has a wide range of business areas, which can be both traditional banking business or new business; it can be both asset business, liability business, intermediate business, and online banking business. X0DX0A currently has a retail banking business in my country’s commercial banks. Postal savings banks are financial institutions of the banking industry and also do retail business. There are also Industrial and Commercial Bank of China, Agricultural Bank of my country, Bank of Communications, and China Merchants Bank. The X0DX0A policy bank does not do retail business. It does not take profit, such as agricultural issuance, and the State Cross -Bank (currently the reconstruction of the joint -stock system, developing to commercial banks), import and export banks. X0DX0A Central Bank (People’s Bank of China) does not do retail business, it belongs to national institutions. X0DX0A In short, as long as the public deposit business is handled by retail banks.

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