Not a loan platform. It is an Internet bank, which not only owns its own loan products, but also has cooperative relations with many online lending platforms. If Wang Xin Bank is matched as the lender, the loan applied for will be lent by Wang Xin Bank, and the loan record in the credit record will also be the loan record of Wang Xin Bank.

Therefore, users can judge which online loan product the new online banking loan belongs to according to the loan time and term, and can't simply think that the new online banking loan is an online loan product. Ordinary loan platforms only provide loan services for users, while Wangxin Bank can provide savings services other than loans, which other loan platforms cannot provide.

Is Wang Xin Bank a private bank?

Yes, as a private bank, the bank's funds mainly come from the private sector, and the pursuit of profit maximization is more intense. The expected income of deposit products of private banks is often higher than that of state-owned banks. Private banks are free from government intervention and have more advantages than state-owned banks in operation.