Financial Security

A modern banking system has been by and large formed in Nanjing. Policy-oriented banking has been separated from commercial banking, and the banking, securities and insurance sectors are not being operated and managed separately. A modern banking system with complete functions comprising of various commercial banks, credit cooperatives, trusting companies, finance companies, leasing companies, security companies and insurance companies have been initially established, and there are nearly 2000 banking operating and service spots in the whole municipality.

Banks: There are 21 banks of various categories in Nanjing, with over 1100 service spots, including 3 branches of foreign banking institutions. All ATM's in Nanjing have been connected in a unified network, and over 20 bankcards are generally accepted on the network. Bankcards with "Bank Union" has realized general acceptance across different regions and banks. "Self-service bank", "Online banking service" and "Bankecurity" enables citizens to enjoy the convenience of banking services at home or offices.

Security: There are now 26 listed companies in Nanjing, including 24 for stock A, 1 for stock B, 2 for stock H in Hong Kong, and 1 for Hong Kong Growing Enterprise Market, with a total market value of about 85 billion yuan. The total of 60 security business departments handle a stock transaction amount of about 19 billion yuan. There were 4 forwarding companies, and their transaction annual amount is over 50 billion yuan.

Nanjing is among cities with the most concentrated domestic insurance entities in the country, and there exists the overall competition by state-owned companies, stock system companies, foreign-invested companies and insurance brokers, agents and valuing companies.

 from: njfiw.gov.cn