The relationship between China Bank and the four major banks;
The People's Bank of China is a central bank and a government department.
The four major commercial banks are enterprises. According to financial management procedures, their business is led by the central bank.
China Bank Co., Ltd. (hereinafter referred to as Bank of China or BOC, HKEx: 3988, SSE: 60 1988, OTCBB:BACHY) is a comprehensive commercial bank in Chinese mainland. It was established in Shanghai on February 5, 2002 and is the oldest bank in China. At present, China Bank, headquartered in Beijing, is known as the four largest state-owned commercial banks in Chinese mainland, and the third largest bank in the world in terms of market value, together with Industrial and Commercial Bank of China, Agricultural Bank of China and China Construction Bank. Mainly engaged in commercial banking business, including corporate finance business, personal finance business and financial market business. 20 12 In July, The Banker published the ranking of "Global 1000 Big Banks" of 20 1002, and Bank of China ranked it as11173.
China's four major banks refer to Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China and China Construction Bank (China, Agriculture, Industry and Construction), also known as the four major banks of the central government, representing China's strongest financial capital strength. Nowadays, the business scope of the four major banks is no longer single, and they are moving towards the goal of comprehensive, international and modern commercial banks.