Is China Telecom Group Finance Co., Ltd. a bank?

No, according to the query of China Finance Company Association Network, China Telecom Group Finance Co., Ltd. is a non-bank financial institution funded by China Telecom Group Co., Ltd., China Telecom Co., Ltd. and China Communications Service Co., Ltd., and approved by Beijing Supervision Bureau of China Banking Regulatory Commission to conduct business and provide financial services to member units of China Telecom Group. So China Telecom Group Finance Co., Ltd. is not a bank.