Company Information

Get to know Chongqing Fumin Bank

Officially opened on August 26, 2016, Chongqing Fumin Bank is one of the first private banks approved in China and the first to be established in the country's central and western regions. Positioned as a "digital inclusive bank," its mission is to serve small and micro-enterprises, "Sannong" (agriculture, rural areas, and farmers), and individual consumers. The bank leverages financial technology to provide accessible, convenient, and efficient financial services, aiming to support the real economy and promote inclusive finance.

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Chongqing Fumin Bank

China

Founded in

16 Aug 2016 (9 Years)

Founded

Last online: No recent activity

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(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.