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Suning Bank received its banking license from the China Banking Regulatory Commission (CBRC) in December 2016, and commenced operations in June 2017 with registered capital of 4 billion yuan. Originally providing online lending services, it has since branched out into payments, credit, and wealth management.
13 PolicyStreet (Malaysia) Founded in 2016 by Wilson Beh, Yen Ming Lee, and Winnie Chua, PolicyStreet aims to make insurance products more accessible and affordable, and was recognised as the Top Insurtech Startup at the Fintech Frontiers Awards Malaysia 2023. #14
12 UBS (China) Limited UBS (China) Limited is a wholly-owned subsidiary of UBS AG, was originally established as UBS AG Beijing Branch in 2004 and converted into a locally incorporated entity in 2012 following approval by the former China Banking Regulatory Commission. The Others & Unallocated segment mainly involves equity investments.
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