Is Mintai Bank a regular bank?

Yes Because Mintai Bank refers to Zhejiang Mintai Commercial Bank, which was established in August 2006 18. It is a joint-stock commercial bank with independent legal personality approved by China Banking Regulatory Commission. Moreover, according to the official platform of Wucheng District People's Government, in July, 20021,Wucheng District People's Government and Zhejiang Mintai Commercial Bank signed a strategic cooperation agreement, and both sides agreed to further strengthen the cooperation between the government and banks to realize complementary advantages. Therefore, it can be seen that Mintai Bank is a formal bank. The business scope of Zhejiang Mintai Commercial Bank includes corporate banking, personal banking, wealth management, asset management and international business.