What are the financial subsidiaries of the six major banks?

With the diversification of financial platforms in the market, a large number of financial products and financial platforms have emerged. A few days ago, the China Banking Regulatory Commission approved the establishment of financial subsidiaries of six major banks. What are the financial subsidiaries of the six major banks?

Six major banks' wealth management subsidiaries

1 China Post Wealth Management Co., Ltd.

Bank of Communications Wealth Management Co., Ltd.

3 ICBC Wealth Management Limited

4. China Agricultural Bank Finance Management Co., Ltd.

5 Jianxin Finance Limited

6. BOC Wealth Management Limited

China Construction Bank and China Bank were approved on February 26th, 20 18; Agricultural Bank and Bank of Communications were approved on February 4th, 20 19; Industrial and Commercial Bank of China was approved on February 5th, 20 19; and the latest post office was May 29th, 20 19.

As a subsidiary company specializing in financial management, it is mainly used to help customers with some professional investment and financial services. It is also in line with international standards and relies on the trust of the six major state-owned banks to promote the development of the financial management industry.