All Six State-Owned Major Banks' AICs Are Now Operational, Bank-Affiliated Entities Expand to 9

NightAirdropper · 2026-03-24T07:19:32+00:00

China Post Savings Bank's subsidiary China Post Financial Asset Investment Co., Ltd. (hereinafter "China Post Investment") officially received approval to commence operations on March 20, marking the completion of the sixth state-owned major bank's Financial Asset Investment Company (AIC), with all six state-owned major banks now having comprehensively "collected" AIC licenses. Combined with Industrial Bank, China Merchants Bank, and China CITIC Bank, three joint-stock banks' AICs subsequently launching operations by the end of 2025, the total number of bank-affiliated AICs has expanded to 9, comprising 6 state-owned major banks and 3 joint-stock banks. (Securities Daily)

NightAirdropper

2026-03-24 07:19:32

Postal Savings Bank of China’s subsidiary, China Post Financial Asset Investment Co., Ltd. (referred to as “China Post Investment”), officially received approval to commence operations on March 20. This marks the establishment of the sixth state-owned major bank financial asset investment company (AIC), completing the rollout of AIC licenses for the six largest state-owned banks. With the addition of Industrial Bank, China Merchants Bank, and China CITIC Bank—three joint-stock banks—AICs will total nine by the end of 2025, including six state-owned major banks and three joint-stock banks. (Securities Daily)

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