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        Banks will be like fintech companies to some extent in the future


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Gu Shu, President of industrial and Commercial Bank of China (601398. SS) (1398. HK), China's largest bank by assets, said that financial technology has become a new engine to promote financial transformation and upgrading, a new way for financial services to the real economy, a new opportunity to promote inclusive financial development, and a new weapon to prevent and resolve financial risks. To some extent, the future bank is a financial technology company.
Gu Shu, quoted by the 21st century economic report on Thursday, said that banks should be more balanced in their business philosophy in the face of new technologies. Because as a financial institution that absorbs residents' deposits, especially a large bank, its stability is related to the stability of the society, which is very different from many financial technology companies that use venture capital, private capital and other development. Therefore, bank managers should not only talk about innovation, but also consider risks, and grasp the balance between innovation and security.
"In terms of operation, the future of a bank is to some extent like a financial technology company, which means more use of technological means in the application of technology, that is, more use of technological means in the operation of a bank, rather than just rely on manual operation. Of course, people are always inseparable. " He talked about it.


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