Bank’s retail products sell well

Source:Global Times Published: 2018/11/8 19:58:40

Direct banks have upgraded their retail products fast in China but the products are not known by customers, according to a report released by Beijing-based fintech company rong360.com on  Thursday.

A direct bank offers services over the internet rather than physical branches.

The report said one-third of the direct banks have launched popular wealth investment fund products and personal consumption loans.

But ordinary people still lack awareness of these products, as half of interviewees had never heard of them.

Posted in: ECONOMY,COMPANIES

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