What is a Specialty Bank? Which banks in my country are considered professional banks?

At present, there are three professional banks in China: China Development Bank, Export-Import Bank of China, and Agricultural Development Bank of China.

The above is also known as a policy bank, that is, a bank that aims to implement the national industrial policy and regional development policy, and does not aim at making a profit. The functions of the three major policy banks are as follows:

China Development Bank. It mainly relies on the issuance of "bottleneck" projects that restrict economic development to financial institutions, major projects in pillar industries that directly enhance comprehensive national strength, major projects in the application of high and new technologies in the economic field, and major cross-regional policy projects.

Export-Import Bank of China. Focusing on the issuance of policy financial bonds, it raises funds in the international financial market to provide export credit for the export of capital goods such as mechanical and electrical products and complete sets of equipment; Handling of various loans related to the export of mechanical and electrical products, as well as export credit, insurance and guarantee business.

Agricultural Development Bank of China. Mainly re-lending by the People's Bank of China, while issuing a small number of policy financial bonds; Handling special national reserves and purchase loans for major agricultural and sideline products such as grain, cotton, and oilseeds; Loans for poverty alleviation and comprehensive agricultural development, as well as loans for small-scale agriculture, forestry, animal husbandry, and water infrastructure and technological transformation.

1.A specialist bank is a bank that specializes in a particular specialty, or that specializes in serving a certain type of clientele.

2.In China, Bank of China, Agricultural Bank of China, and China Construction Bank have long been engaged in foreign exchange, infrastructure and rural finance business as professional banks of the country (50-80s), and in the early 80s, ICBC was also a professional bank when it was separated from the People's Bank of China. But in the mid-to-late 80s, these state-owned specialized banks were transformed into state-owned commercial banks.

At present, the Export-Import Bank of China and the Agricultural Development Bank can be regarded as national policy professional banks.

Banks fall under the banking category of the financial industry.

Banking, in China, refers to the People's Bank of China.

Regulatory agencies, self-regulatory organizations, and commercial banks, urban credit cooperatives, and rural credit cooperatives established within the territory of the People's Republic of China.

and other financial institutions, non-bank financial institutions and policy banks that absorb deposits from the public. There is a wide variety of banking structures and forms of organization in modern capitalist countries.

According to its function:

**Banks, Commercial Reputation Banks, and Investment Banks.

savings banks and various specialized credit institutions. A modern capitalist national banking system has been basically formed, with first-class banks as the center, joint-stock commercial banks as the main body, and various types of banks coexisting.

The People's Republic of China was founded.

Later, after several reforms, a banking system has been formed with ** banks, banking regulators, policy banks, commercial banks and other financial institutions as the main body.

1. Bank of China.

Bank of China is the most advantageous bank in China's international financial business. It has strong strength in international financing, international settlement, foreign exchange capital business, international credit card, etc., and its business volume ranks first in China.

2. China Construction Bank.

CCB's business in Hong Kong began to take shape before Hong Kong's return to the motherland. After Hong Kong's return to the motherland, its business developed rapidly. At present, CCB has invested in a number of banks and financial companies in Hong Kong, and has become the largest equity holder of CCB.

3. Industrial and Commercial Bank of China.

The business scope of ICBC is mainly as follows:

1) Handling urban savings deposits, absorbing deposits from industrial and commercial enterprises, and issuing financial bonds;

2) Handling working capital loans for state-owned industrial and commercial enterprises, urban collective enterprises and individual industrial and commercial enterprises;

3) Management of industrial and commercial enterprises and relevant enterprise authorities, technical transformation loans and a part of the capital construction loans;

4) Carry out entrustment, leasing, consulting and other businesses;

5) Handle cash and transfer settlement;

6) Handle foreign exchange business in special economic zones and some open cities.

4. Agricultural Bank of China.

Agricultural Bank of China is one of the four major wholly state-owned commercial banks and an important part of China's financial system, with its head office in Beijing. In China, the Agricultural Bank of China has branches all over the urban and rural areas, with strong financial strength and complete service functions, which is not only trusted by the people and customers, but also has made great progress together with them, and has become one of the largest banks in China.

There are 10 state-owned enterprise banks in <>, namely:

1. ** Bank: People's Bank of China;

2. Six commercial banks: Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, China Construction Bank, Postal Savings Bank of China, Bank of Communications;

3. Three policy banks: China Development Bank, Agricultural Development Bank of China, and Export-Import Bank of China.

State-owned banks have these:

Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Development Bank, Export-Import Bank of China, Agricultural Development Bank of China.

State-owned banks, that is, banks owned by the Guoyu Ming family, refer to large banks that are directly controlled by the state (Ministry of Finance, ** Huijin Company).

There are a total of 10 state-owned enterprise banks, which are divided into three types: policy banks, commercial banks and ** banks

1. **Bank: People's Bank of China.

2. Commercial banks: Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, China Construction Bank, Postal Savings Bank, Bank of Communications.

3. Policy banks: China Development Bank, Agricultural Development Bank of China, Export-Import Bank of China.

Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank are all professional banks in China.

1. Industrial and Commercial Bank of China:

ICBC serves urban industrial and commercial enterprises, government agencies and residents, and operates deposits and loans for industrial and commercial enterprises and savings for urban residents, and its deposit and loan business scale ranks first among all professional banks. The Industrial and Commercial Bank of China mainly handles the credit of industrial and commercial enterprises in the city, absorbs the savings deposits of enterprises and towns, and handles the business of urban exchange and settlement.

2. Agricultural Bank of China:

The Agricultural Bank of China mainly prepares and implements rural credit plans, raises rural funds, and uniformly dispatches and manages rural credit funds. The Agricultural Bank of China mainly handles the deposit, lending, settlement and other businesses of rural organs, organizations, enterprises, institutions and other units, and implements cash management and wage management for these units.

3. Bank of China:

Bank of China is a professional foreign exchange bank in China, which operates the country's foreign exchange funds in a unified manner, handles the country's foreign exchange receipts and expenditures in a unified manner, and operates all foreign exchange business and related RMB business. Bank of China mainly handles international settlement, foreign trade credit, issuing loans for Sino-foreign joint ventures, handling export credits, organizing international bank loans, and handling international trust and leasing business.

4. China Construction Bank:

China Construction Bank (CCB) is a professional bank engaged in medium and long-term credit and investment business. China Construction Bank handles the appropriation and loans of capital construction units, construction enterprises and geological exploration units, absorbs and uses deposits in the field of fixed assets, and handles the appropriation and loan business for the use of foreign trade projects.

Industrial and Commercial Bank of China serves industrial and commercial enterprises, Agricultural Bank of China serves rural enterprises and rural economic Xun Yinji, China Construction Bank serves construction and installation enterprises and construction projects, and Bank of China specializes in foreign exchange business. The division of labor and service objects are different, so it is called a professional bank.