Ali the banks to be approved: direction unknown programme unreported-Ali the banks, private banks, Ali Baba-IT news Ali the banks to be approved: management orientation programmes did not report

On July 25, the Party Secretary, Chairman of the China Banking Regulatory Commission Shang Fulin, China Banking Regulatory Commission disclosed 2014 National Conference on banking supervision in the first half, CBRC has approved three private banks to build applications.

Two major Internet giant Tencent and Ali, who took the lead to take the lead in getting approval, has attracted much attention. It was revealed, by Tencent, source of all trades and businesses for micro-banks as the main sponsor of qianhai in Shenzhen ranks among the three largest private banks approved. Also approved two other persons was dominated by chint, Huafeng Wenzhou commercial bank of the promoters, as well as the North, wheat purchases as the primary sponsor of Tianjin Jincheng Bank. Same private banks as one of the first 5 pilot, pilot Baba, one of the main sponsors of the banks but in a surprise, "lost."

Banking regulator filed its proposals have not been, and is one reason Ali failed to advance is approved. According to the news agency, news, CBRC's banking supervision Department director Yang Liping said that up to now, the CBRC has not received applications from two other banks. Actually after the published list, the CBRC has maintained close communication with the pilot banks the main sponsor; but it must be acknowledged that itself needs further communication between all key sponsors, and approval of the pilot scheme will also sponsor programme has a lot to do with it.

Ali revealed that Ali is not currently operating in private banking direction has a clear programme. Micro-financial services group (chip) Vice President Yu Shengfa said, at present, is actively in the process of preparing, and every possible direction and fully proved. Yu Sheng method is the Hangzhou financial Office Deputy Director, served as the Governor of the Bank of Hangzhou, joined the micro-financial services group in February this year (chip). According to industry sources, Yu Sheng is actually Ali small micro-private bank in charge of the project.

Previous media reports, Alibaba and cardan's business model for "little minor credits" (qualifying deposit ceiling and ceiling), underlining its private banks to be established will mainly serve the community, and its design, also taking into account the characteristics of the Internet.