Bank of luoyang is a joint-stock commercial bank with independent legal personality, and its largest shareholders are Luoyang Finance Bureau, Luoyang City Investment Co., Ltd. and Luobo Group Co., Ltd.
Banks are legally established financial institutions engaged in monetary and credit business, and are the product of the development of commodity monetary economy to a certain stage.
Banks are divided into central banks, policy banks, commercial banks, franchisees, investment banks and the World Bank, with different responsibilities.
The central bank, China People's Bank, is the central bank of China.
State-owned policy banks include The Export-Import Bank of China, China Agricultural Development Bank and China National Development Bank.