Is Bank of Communications financing for Bank of Communications?

With the strengthening of people's awareness of investment and financial management, many people will buy financial products in some financial management and investment and financial management institutions, so that their idle funds can get some income. Among many financial institutions, Bank of Communications is one of the top financial companies. Usually, Bank of Communications often reminds people of Bank of Communications. What about Bank of Communications' financial management? Let's get to know each other.

Is the' financial management' of Bank of Communications Bank of Communications?

Bank of Communications Wealth Management Co., Ltd. was established on June 6, 2009. This wealth management company is registered in Shanghai and is a wholly-owned subsidiary of Bank of Communications. So we can also think that Bank of Communications is Bank of Communications. However, the wealth management business of Bank of Communications should be distinguished from Bank of Communications. There is still a big difference between the two, and their respective businesses are not mixed together.

The business scope of Bank of Communications Wealth Management mainly includes the public offering of wealth management products to unspecified public and the investment management of entrusted investors' property; Non-public issuance of wealth management products for qualified investors; Financial consultancy and consulting services, as well as other businesses approved by the State Council Banking Regulatory Authority, etc. The business of Bank of Communications is to absorb public deposits, finance investment, issue loans and handle foreign exchange business. The business scope is wider than that of Bank of Communications.