The differences and functions of China Industrial and Commercial Bank, China Agricultural Bank, China Bank and China Construction Bank;
China's five largest banks are comprehensive large-scale commercial banks with a wide range of businesses, representing the most abundant capital and strength in China's financial sector. There must be a difference, and it is still a big difference.
First of all, the nature is different. The People's Bank of China is responsible for issuing money independently under the leadership of the State Council, implementing the central financial policy, and preventing financial risks, which is not influenced by local governments and individuals.
The "five state-owned banks" are commercial banks, which mainly provide loans, deposits, funds, insurance and other services. They serve enterprises and markets for profit. In other words, China People's Bank belongs to a government department and administrative unit. The five major banks are an enterprise with the purpose of making money. The other is the relationship between superiors and subordinates.
As long as the People's Bank of China has formulated a series of financial policies, the five major banks must carry out their commercial activities within the policy scope of the People's Bank of China. At the same time, the five major banks should not only accept the supervision of the CBRC, but also accept the supervision of the People's Bank of China.
There is no great difference in asset scale, business scale and business scope among the five major domestic banks. I think the biggest difference comes from the service.
The five state-owned banks in China are Industrial and Commercial Bank, Agricultural Bank, China Construction Bank, China Bank and Bank of Communications. In recent years, China's five major banks have shown a good momentum of scale growth, and the assets of the five major banks account for half of the bank's assets. Therefore, in terms of asset scale, the five major banks are unmatched in China.
According to the statistics of 20 17, the five major banks continue to maintain a steady growth momentum in asset scale. Among them, ICBC ranks first in both volume and growth rate. By the end of 20 17, the assets of ICBC reached 26.09 trillion yuan. The businesses of China's five largest banks include deposits, loans, funds, insurance and other financial services. The business of each bank is similar. For us ordinary people, which bank to choose mainly depends on our living habits and the difference in service experience of each bank.
For example, China Construction Bank and Industrial and Commercial Bank, which we used before, go to these banks every day to handle business, deposits, loans, insurance, funds and so on, so we have a brand trust and dependence on these banks, so if we transfer assets, there will be great transfer costs, that is to say, how to obtain new customers becomes the key for each bank.
To sum up, we know that the five major banks in China are not particularly different in business scope, and their risk control is also strict from the perspective of security, and they are all banks with the highest security level. Therefore, in the process of our use, we can treat it differently from the service. Which service we think is better and which product service is better is our key consideration.
Below we can also carefully analyze the differences between major banks from four aspects:
(1) Online banking service function (business function):
Bank of China: account service, investment service, online payment, credit card service, consulting service, etc.
Industrial and commercial bank of China: handle online payment, check all banking services online, as well as some foreign exchange and stock market quotes, certificate applications, etc.
China Construction Bank: In addition to personal online banking and simplified corporate banking, online payment banks have also been established.
Agricultural Bank of China: transaction inquiry, password modification and temporary loss reporting of bank cards. Online registration application and other functions.
(2) Online banking business process:
Bank of China: credit products business, providing customers with personalized and innovative financial services; In addition, the retail business is a personal investment; Of course, it is the business of financial institutions; At the same time, it also represents other financial institutions.
China Industrial and Commercial Bank: It is a commercial bank with the largest assets, wide business scope, large business volume and rich business varieties in China; ICBC's business includes three-dimensional electronic banking services, including self-service banking, telephone banking, mobile banking and online banking.
Construction Bank: China Construction Bank is setting up loans, working capital loans, real estate financing, trade financing, investment consulting and financial consulting. It also provides and leads intermediary services such as guarantee, consultation and fund custody.
Agricultural Bank: The rural credit clearing business has a large business volume and a wide business coverage. Now it has developed into a combination of local and foreign currencies, which can handle RMB and foreign exchange business of various international and domestic communication and financial services. Business.
(3) the nature of the four major banks:
Bank of China: China's leading international bank, which comprehensively develops financial services including commercial banks, investment banks and insurance businesses.
China Industrial and Commercial Bank: In the banking industry, the level of liking finance is in a leading position. Likes has many outlets and wide coverage, and its annual settlement business accounts for half of the domestic financial industry.
China Construction Bank (CCB) is a state-owned commercial bank with medium and long-term credit business, which operates in China and major international financial centers.
Agricultural Bank: Centralized storage and unified management of online banking customer information, operation interface, business functions and electronic data. Accounts opened by the same customer in different regions can be managed under the same customer number.
(4) Other different characteristics of the four main lines:
Bank of China: set up an account opening place when entering to facilitate users to conduct transactions quickly;
China Industrial and Commercial Bank: High safety performance. When users enter personal accounts, they must first install patches and understand security knowledge. It also provides dynamic demonstrations to make people feel safe.
China Construction Bank: China Construction Bank has achieved very high growth in personal deposits and personal finance. The system will analyze and calculate users' investment styles and provide relatively advanced portfolio suggestions.
Agricultural Bank: It is highly targeted and can provide comprehensive services for different customers.