China Bank's private banking services are mainly aimed at individual customers with financial assets of more than RMB 8 million. These valued customers can enjoy a series of top private banking services, aiming at meeting their individual needs and wealth management goals.

the services provided by private banks include in-depth professional services, such as risk management, asset allocation, personalized financing, investment consulting, tax and legal consulting, and all-round life planning such as children's education and immigration planning. In addition, private banks may also help customers save tax costs and optimize financial transactions by setting up offshore companies and family trust funds.

The origin of private banks in China can be traced back to 27, when Bank of China set up private banking services in China together with foreign banks such as Citibank and BNP Paribas. By 21, more than 15 private banking outlets have spread all over the country, serving more than 2, customers and managing assets of more than 3 trillion yuan. The Bank of China has played a pioneering role in this field, and the policy adjustment of the CBRC has also promoted the rapid development of private banks in China, such as the application for opening the exclusive institutions of private banks in 29.

it is worth noting that private banking services are not limited to individuals, but also include all-round services of property investment and management. Although the scope of private banking license issued by CBRC is limited, the development of private banks in China undoubtedly provides high-end and customized wealth management solutions for high-net-worth individuals.