Is it allowed to open a private bank in the state now? 5

Since the establishment of China's first private bank in 2007, many domestic commercial banks have carried out private banking services like foreign banks for decades.

The private banking major is already a very mature major abroad, and many students who plan to study abroad have gradually set their sights on this professional course. The EIPB Master of Finance program at the University of the Côte d'Azur has a team of professors composed of well-known scholars at home and abroad, who have rich teaching experience, including senior consultants and experts in the world's top 500 companies.

1. Wealth management.

Wealth management teaches students to correctly understand the concept of wealth management, so as to invest and manage assets wisely; At the same time, understand the theory of financial markets, the characteristics of various financial markets, financial market interest rates and risk management mechanisms; Understand the time of wealth management at home and abroad, explore the new trend of wealth management in the future, learn appropriate asset allocation ideas, use investment portfolio and wealth preservation methods to diversify wealth risks, and ensure the security and sustainable growth of wealth.

2. Family trust.

Family trusts are widely used around the world as an effective tool for family wealth management and inheritance. Through the interpretation of the latest developments in domestic laws by senior experts, the successful practices and failures of family inheritance at home and abroad are reviewed, and the legal structure and governance structure for the protection of family wealth are discussed in depth to help protect family wealth.

3. Investment risk management.

Help participants understand the risks existing in the financial market, master the measurement methods of risks, the methods of risk control, and discuss the changes in the contemporary financial environment and the cases of risk management and control. Cultivate students' analytical and problem-solving skills.

4. Tax management and auditing.

The basic ideas and main methods of tax auditing are taught in depth and in detail, so that students can have a more comprehensive and profound grasp of tax auditing methods and practices.

5. Market optimization portfolio.

Portfolio optimization is a quantitative calculation of the strategy for people to invest in risk products to achieve the best return based on their expectations for the future, which is one of the key points of risk asset management. Participants will learn to use calculation tools to perform practical optimization calculations on market portfolios to obtain the best allocation for expected returns.

6. Modern bank management.

It enables students to have a specific cognition and understanding of modern banking business, further consolidates the professional theoretical knowledge they have learned, closely combines theory and practice, and improves students' ability to analyze and solve problems and practical operations.

Shanghai Xiejin Education Group and the University of the Côte d'Azur jointly launched the EIPB program, which has a complete curriculum system and practical guide for private banking and wealth management. To help students achieve professional abilities such as managing financial assets and improving investment strategies according to the actual needs of their own career development. At the same time, it improves service awareness, reduces occupational risks, and realizes seamless connection with the financial industry of the world's leading wealth management private banks.

Of course, no, but it is possible to make joint ventures into joint-stock systems, and private banks are not allowed in socialist countries.

Article 13 The minimum registered capital for the establishment of a national commercial bank shall be RMB 1 billion. The minimum registered capital for the establishment of an urban commercial bank is RMB 100 million, and the minimum registered capital for the establishment of a rural commercial bank is RMB 50 million. The registered capital should be paid-in capital.

The banking regulatory authority may, in accordance with the requirements of prudential supervision, adjust the minimum amount of registered capital, but it shall not be less than the limit specified in the preceding paragraph.

Article 14 To establish a commercial bank, the applicant shall submit the following documents and materials to the banking regulatory authority:

1) The written application, which shall clearly state the name, location, registered capital, business scope, etc. of the commercial bank to be established;

2) Feasibility study report;

3) Other documents and materials required to be submitted by the banking regulatory authority.

Article 15 Where the application for the establishment of a commercial bank complies with the provisions of Article 14 of this Law after examination, the applicant shall fill in a formal application form and submit the following documents and materials:

1) Draft charter;

2) Proof of the qualifications of the directors and senior management personnel to be appointed;

3) The capital verification certificate issued by the statutory capital verification agency;

4) Register of shareholders and their capital contributions and shares;

5) Credit certificates and relevant materials of shareholders holding more than 5% of the registered capital;

6) Business policies and plans;

7) Information on business premises, security precautions and other facilities related to business;

8) Other documents and materials stipulated by the banking regulatory authority.

Article 16 A commercial bank that has been approved for establishment shall be issued a business license by the banking regulatory authority, and shall register with the administrative department for industry and commerce and obtain a business license on the basis of the license.

Legal Analysis: Yes but on request. A commercial bank that has been approved for establishment shall be issued a business license by the banking supervision authority of the State Administration of Hail and Tongyuan, and shall register with the administrative department for industry and commerce and obtain a business license with the license.

Legal basis: Article 11 of the Law of the People's Republic of China on Commercial Banks The establishment of a commercial bank shall be subject to the examination and approval of the banking regulatory authority. Without the approval of the banking regulatory authority, no unit or individual may engage in the business of commercial banks such as absorbing deposits from the public, and no unit shall use the word "bank" in its name.

Such as: Minsheng Bank, Huishang Bank, Zheshang Bank.

Because among these three banks, private capital occupies a controlling position, it can be regarded as a private bank.

Summary. Hello dear, I am happy to answer your <>

However, it needs to be approved by the state and obtain a banking and financial license, and private banks are subject to the supervision of national financial institutions, and must carry out business in accordance with the relevant requirements and must not exceed the norms.

Does the state allow private banks to be opened.

How to apply to open a private bank.

You have to apply for the local **, right?

Hello dear, I am glad to answer your <> for the book

A <> in which the state allows private banks to be opened

However, burial transportation is subject to the approval of the state and the acquisition of a banking and financial license, and private banks are subject to the supervision of national financial institutions, and must carry out business in accordance with the relevant requirements of the state liquid, and shall not exceed the norms.

Submit an application to the CBRC.

If the state asks for it, will it receive protection and support from the state when it encounters debt problems in the later stage?

Yes. Dear and Hello Bank, it is a financial institution established in accordance with the law to engage in monetary and credit business, and it is the product of the development of commodity and monetary economy to a certain stage. A bank is one of the financial institutions, and banks are divided into the following types according to their type:

**Banks, policy banks, commercial banks, franchised institutions, investment banks, and the World Bank, all of which have different responsibilities. State-owned commercial banks: including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Postal Savings Bank of China, Bank of Communications, etc.

Investment banks: including Goldman Sachs, Morgan Stanley, Citigroup, Wells Fargo, UBS, Société Générale, etc.

Is the state treated like the four major banks?

The treatment is the same.

Is there a maximum interest rate in the country's laws and regulations?

It can't exceed 36%.

Is there any information on the laws and regulations governing bank opening?

Some. Banking Supervision and Administration Law.