Hankou bank is protected by the state. Deposits are safe in Hankou Bank, which is a commercial bank and supervised by the State Banking Regulatory Bureau. No matter its establishment, location and operation, it must go through the supervision department, you can rest assured. The registered capital of Hankou Bank is 46,543.8+0.28 billion yuan, and the top two shareholders are Legend Holdings Limited and Wuhan Iron and Steel (Group) Company. On June 25th, 2008, Wuhan Commercial Bank was officially renamed as Hankou Bank.

The role of banks

As a currency management enterprise, banks are an important part of financial institutions, which is conducive to the financing and circulation of social capital. Banks are intermediaries between lenders and depositors. By absorbing deposits, banks gather idle monetary assets and small monetary savings in society and lend them to people in need by means of loans. Banks can be used as the intermediary of payment, and banks handle the related payment and settlement of money for commodity producers and businessmen.