Which banks are private in China?

Shanghai Huarui Bank, Zhejiang Online Commercial Bank, Wenzhou Civil and Commercial Bank, etc.

1. Shanghai Huarui Bank is one of the first five private banks to be piloted. Established by ten private enterprises including Juneyao Group, with a registered capital of 3 billion yuan. On September 26th, 20 14, it was approved by China Banking Regulatory Commission, and it was allowed to start business on October 27th, 20 15. It was put into trial operation on February 16 and officially opened on May 23rd.

2. Zhejiang Online Commercial Bank officially opened on June 25th, 2005, 2065438, and it is one of the first private banks approved by China Banking Regulatory Commission. Zhejiang online merchant bank is also the first technology bank to build its core system on the financial cloud without offline outlets.

3. Wenzhou Civil and Commercial Bank Co., Ltd. formally approved the establishment on July 25th, 2004. Wenzhou Civil and Commercial Bank, as one of the first batch of private banks approved for pilot, broke the financial monopoly, made up for the vacancy of big banks, released the vitality of private funds and activated the new thinking of bank competition.