Banks are in the nature of business units. According to different classification criteria, banks can be divided into the following categories:
According to the nature of the unit, banks belong to enterprise units, and commercial banks belong to financial enterprises.
According to the composition of the unit, banks include wholly state-owned commercial banks, joint-stock commercial banks and urban cooperative banks.
According to the function of the unit: banks are financial institutions, mainly providing deposits, loans, wealth management and other financial services.
It is important to note that there may be differences between banks in different countries and regions, and the nature and composition of their units will also be different.
What are the classifications of banks.
There are several types of banks:
*Bank: It is the dominant financial center in the country, responsible for formulating and implementing monetary policy and maintaining the stability of the financial market. China's ** banks include the People's Bank of China.
Policy banks: Banks that are founded by the government, implement the economic policies of the government, and carry out financial business in specific areas. China's policy banks include the Export-Import Bank of China and the Agricultural Development Bank of China.
Commercial Bank: A bank that is mainly engaged in deposits and loans for the purpose of making profits. China's commercial banks include Industrial and Commercial Bank of China and Agricultural Bank of China.
Investment banking: a bank mainly engaged in issuance, underwriting, trading and other businesses. The World Bank is the World Bank Group.
World Bank: The main purpose is to finance the country's poverty alleviation and is a world bank.
Urban commercial banks and rural commercial banks are important components and special groups of China's banking industry.
In general, a bank is an institution whose main business is the provision of financial services, and its nature and organizational form may vary in different countries and regions. Good luck with your work!