Current location - Loan Platform Complete Network - Foreign exchange account opening - What are the types of finance? What is the classification of finance?
What are the types of finance? What is the classification of finance?
It is mainly divided into five categories: banking, insurance, securities, trust, leasing and loans.

1. Banking: In China, it refers to financial institutions such as the People's Bank of China, regulatory agencies, self-regulatory organizations, commercial banks, urban credit cooperatives and rural credit cooperatives, non-bank financial institutions and policy banks established in People's Republic of China (PRC).

2. Insurance industry: The insurance industry refers to the business that funds collected through contracts are used to compensate the economic interests of the insured. Insurance refers to the behavior that the applicant pays the insurance premium to the insurer according to the contract, and when the insured dies, is disabled and reaches the age and time limit agreed in the contract, the insurer shall be liable for the property losses caused by the possible accidents agreed in the contract. The insurance market is where both parties sign insurance contracts.

It can be a centralized tangible market or a decentralized intangible market.

3. Securities industry: The securities industry is a specialized industry that serves securities investment activities. The scope of securities industry defined by different countries is slightly different. The securities industry consists of securities brokerage companies, stock exchanges and related commodity brokerage groups.

4. Trust industry: Trust, banks, securities and insurance are also called the four pillars of the financial industry. Its original meaning is "entrusted by people, managing money on behalf of others". According to the definition of trust in the first section of the first chapter of the Trust Law, "trust" means that the trustor entrusts his property rights to the trustee based on his trust in the trustee, and the trustee acts in his own name according to the wishes of the trustor.

"

5. Lease and loan industry: an operating industry that provides credit services by combining financial credit with material credit. The general leasing activity is that the lessor rents the material materials it owns to others under certain conditions, and the lessee pays the rent according to the regulations during the use period.