Report: Bank of Communications Plans to Apply for Revocation of Private Banking Specialist License

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Viewpoint.com News: On March 24, according to media reports, Bank of Communications plans to apply for the revocation of its private banking specialized institution license.

Since obtaining the private banking license in September 2012, the Bank of Communications Private Banking Department’s client base has grown from over 10,000 households in 2012 to 102,600 households by mid-2025, making it the sixth commercial bank to join the “100,000 Household Club.”

Disclaimer: The content and data of this article are compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.

(Editor: Zhang Xiaobo)

【Disclaimer】This article only reflects the author’s personal views and has no relation to Hexun.com. Hexun.com maintains neutrality regarding the statements and opinions expressed in the article and does not provide any explicit or implied guarantees regarding the accuracy, reliability, or completeness of the content. Readers are advised to use it for reference only and assume all responsibilities themselves. Email: [email protected]

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