What are the licenses in the financial industry and what are the seven major financial licenses?

Updated on Financial 2024-07-19
7 answers
  1. Anonymous users2024-02-13

    At present, the main licenses in the financial industry are:

    1.Banking License; 2.Trust License; 3.

    Financial Leasing License; 4.Money Broking License; 5.Loan Company License; 6.

    third-party payment license; 7.** Sales License; 8.** Sales Payment License; 9.

    Brokerage License; 10.Public Offering ** License; 11.**Subsidiary License; 12.

    **License plate; 13.Insurance Licence; 14.Insurance**, Insurance Brokerage License; 15.

    pawn license; 16.Microfinance Company License; 17.Financing Guarantee License; 18.

    financial leasing license; 19.Private Placement** License.

    Now, although the China Banking Regulatory Commission and the China Insurance Regulatory Commission have merged, the examination and approval are still carried out separately, and I hope it will help.

  2. Anonymous users2024-02-12

    The 16 types of financial licenses are as follows: banks (including private enterprises), insurance, trusts, (public offerings, private placements, subsidiaries, sales, sales payments), leasing (financial leasing, financial leasing), pawn, small loans, guarantees, commercial factoring, third-party payment, crowdfunding (public offerings, private placements), consumer finance, credit information (personal credit, corporate credit), financial asset trading venues.

    The financial licenses that need to be approved in the traditional financial industry mainly include banking, insurance, trust, brokerage, financial leasing, subsidiary, sales, third-party payment license, small loan, and pawn 12 types.

    The 7 most important and valuable financial licenses are banking, trust, insurance, and leasing.

  3. Anonymous users2024-02-11

    The seven major financial licenses include: commercial banks, ** companies, insurance companies, and trust companies.

    Financial leasing companies, finance companies, public offering management companies.

    Extended Information:1A financial license, i.e., a financial institution operating license.

    It is an official document that approves a financial institution to conduct business. At present, financial licenses are issued by the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission. Financial supervision is divided into ex-ante supervision, in-process supervision, and ex-post supervision according to the time period, and the market access system is the core of ex-ante supervision, and the financial license is the normal performance of the market access system.

    2. Types of financial licenses.

    The financial licenses that need to be approved in China mainly include banking, insurance, trust, brokerage, financial leasing, subsidiary, sales, third-party payment license, small loan, and pawn.

    3.China's financial license and application conditions.

    The registered capital of a national commercial bank.

    The minimum amount is 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.

    4.The minimum registered capital of a trust company is RMB 300 million or its equivalent in freely convertible currency, and the registered capital is paid-in monetary capital. Apply for the annuity of the operating enterprise**, **underwriting, and asset**.

    and other businesses, which shall comply with relevant laws and regulations.

    The minimum registered capital requirement is specified.

    A financial license approved by the China Banking Regulatory Commission.

    1. Banking license.

    According to the information released by the China Banking Regulatory Commission, as of October 2014, there were 773 commercial banks in the country, including policy banks.

    2, Rural Cooperative Banks.

    108, rural credit cooperatives.

    399 and 1,105 village and township banks. At present, private capital has been allowed to jointly participate in the establishment of banks, and the first batch of pilot units to participate in private banks is a total of five, including Alibaba.

    and 10 other enterprises participated in the pilot work, and they carried out pilot projects in Tianjin, Shanghai, Zhejiang and Guangdong.

    Proceeding from the requirements of the regulators, private banks will give more prominence to characteristic services and differentiated operations, with a focus on serving small and micro enterprises.

    Serve the community function.

    2. Trust license.

    The business that can be engaged in with a trust license includes all kinds of trust business, as an investment company or a promoter of a management company to engage in investment business, etc. Cover cover.

    3. Financial leasing license.

    According to the information released by the China Banking Regulatory Commission, as of October 2014, there were 26 financial leasing companies, and the earliest approval for establishment was in December 1986.

  4. Anonymous users2024-02-10

    A financial license refers to the business license of a financial institution, which is usually issued by the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and other departments. Financial institutions can only legally carry out relevant business with a financial license, otherwise it is illegal to operate. At present, the most valuable financial licenses are banking, insurance, trust, leasing, etc.

    If a financial institution wants to provide customers with comprehensive products and services, it must hold a financial license, so the number of financial licenses owned by the enterprise can prove the strength and reliability of the enterprise. Ping An Group, CITIC Group and Everbright Group, which hold full financial licenses, are all influential in the industry and are very competitive in business.

    Extended information] Finance (finance, finaunce) is an economic activity in which market entities use financial instruments to flow funds from the surplus side to the scarce side. Finance is a general term for monetary and financial integration. It mainly refers to various activities related to money circulation and bank credit.

    The main contents include: the issuance, release, circulation and withdrawal of currency; absorption and withdrawal of various deposits; the disbursement and recovery of loans; Bank accounting, cashier, transfer, settlement, insurance, investment, trust, leasing, exchange, discount, mortgage, purchase and sale, as well as international and non-settlement between traders, trade, export, import, etc.

    Definition: Finance is an economic activity that takes money itself as its business purpose and increases the value of money through monetary financing, including indirect investment and financing centered on banks and direct investment and financing centered on investment banks.

    Financial Industry Theory:

    It is believed that "finance is a general term for the behavior and mechanism of financial intermediation, and it is an industry equal to other industrial sectors of the national economy, and the financial industry refers to the general term of the financial organization system and operation mechanism based on market operation with the operation of financial goods and services as a means and the pursuit of profits as the goal" (Ran Guanghe, 2004, p24). The definition of finance in the "financial industry theory" involves more about the operating mechanism and intrinsic attributes of finance under the conditions of market economy, emphasizing that finance is an equal part of the economic system, but it mainly focuses on the demonstration from the perspective of industry, and its mechanism is only implicit in the concept of industry.

  5. Anonymous users2024-02-09

    Summary. Hello! We're happy to answer for you!

    Financial license companies: China CITIC Group, Ping An Insurance (Group) Co., Ltd., China Everbright Group, Founder Group, China Great Wall Asset Management Co., Ltd., China Huarong Asset Management Co., Ltd.

    Hello! We're happy to answer for you! Jinfan Xiangrong license company:

    China CITIC Group****, Ping An Insurance of China (Jige Yutuan) Co., Ltd.****, China Everbright Group****, Founder Group, China Great Wall Asset Management Co., Ltd.****, Zhongshi Chenbo Guohuarong Asset Management Co., Ltd.****.

    Pro, China CITIC Group, founded in 1979. In August 2022, Ahui ranked 102nd on the 2022 Fortune Global 500 list. With the approval of the company, in December 2011, CITIC Group Corporation (formerly China International Trust and Investment Corporation) was restructured into a wholly state-owned company and renamed CITIC Group **** (hereinafter referred to as "CITIC Group"), with a registered capital of RMB 100 million.

    Since its establishment, CITIC Group has given full play to the important role of economic reform pilot and early opening window to foreign countries, carried out fruitful exploration and innovation debate in many fields, and successfully opened up a road of innovation and development for China's reform, opening up and modernization through the absorption and use of foreign capital, the introduction of advanced technology, equipment and management experience, established a good reputation and image at home and abroad, and achieved remarkable business performance.

    Taikang Asset Management Co., Ltd.

    Whether there is a financial license.

    Dear, yes.

    Since April 2015, Taikang Asset Management Co., Ltd. has obtained the first public offering license in the insurance asset management industry.

  6. Anonymous users2024-02-08

    A licensed financial institution refers to an institution that has a financial license and operates financial business in accordance with the law. This article will introduce the classification, characteristics and development prospects of licensed financial institutions, with a view to providing investors with a view to providing reference.

    1. Classification of licensed financial institutions.

    1. Bank: A bank is a financial institution that holds a leading banking license, mainly engaged in deposits, lending, settlement, foreign exchange and other businesses;

    2. **Company: **Company is a financial institution with ** license, mainly engaged in ** brokerage, consignment, investment consulting and other businesses;

    3. Insurance company: An insurance company is a financial institution that holds an insurance license, mainly engaged in insurance, insurance brokerage, insurance consulting and other businesses;

    4. **Company: **Company is a financial institution holding a basic license, mainly engaged in issuance, management, sales and other businesses;

    5. Guarantee company: The guarantee company is a financial institution with a guarantee license, mainly engaged in guaranteed loans, financial leasing, financial consulting and other businesses;

    6. Microfinance company: A microfinance company is a financial institution that holds a microfinance license, mainly engaged in microloans, loan consulting and other businesses.

    2. Characteristics of licensed financial institutions.

    1. Strong security: Licensed financial institutions usually have a sound risk control system, so investors can invest with confidence;

    2. Strict supervision: Licensed financial institutions are subject to strict supervision, so investors can ensure the safety of their funds as much as possible;

    3. High service quality: Licensed financial institutions usually have professional investment consultants and passenger ship service teams, which can provide investors with professional investment consulting services;

    4. There are many types of investment: Licensed financial institutions have a variety of investment varieties, and investors can choose the appropriate investment varieties according to their own circumstances.

    3. Development prospects of licensed financial institutions.

    Licensed financial institutions are the mainstream of the current financial industry and will continue to develop in the future. With the continuous development of financial technology, the service quality of licensed financial institutions will also continue to improve, and investors will benefit from more financial services and investment varieties. At the same time, it will also strengthen financial supervision and strengthen the management of licensed financial institutions to ensure the safety of investors' funds.

    Conclusion: A licensed financial institution is an institution that has a financial license and operates financial business in accordance with the law. Licensed financial institutions have the characteristics of strong security, strict supervision, high service quality, and a variety of investment products, and the future development prospects are also very broad.

    When choosing a financial institution, investors should give preference to licensed financial institutions to ensure the safety of funds.

  7. Anonymous users2024-02-07

    Summary. There are 6 main institutions with full financial licenses in China, namely: China CITIC Group, Ping An Insurance (Group) Co., Ltd., China Everbright Group, Founder Group, China Great Wall Asset Management Co., Ltd., and China Huarong Asset Management Co., Ltd.

    6 homes. There are mainly 6 institutions with full financial licenses in China, which are sold in a rough way: China Zhongdouzhixin Group, Ping An Insurance (Group) Co., Ltd., China Everbright Group, Founder Group, China Great Wall Asset Management Co., Ltd., and China Huarong Asset Management Co., Ltd.

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