Development Experience and Reference of Top Private Banks

Objective: Summarize the development experience of top private banks and provide reference for the development of other private banks. Methods: Using literature review, case analysis, and comparative analysis methods to analyze the operational characteristics of WeBank and MY Bank. Conclusions: 1) Private banks should focus on the general public and small and micro enterprises. 2) Private banks should attach importance to product research and development. 3) Private banks should strengthen technological support. 4) Private banks should strengthen external cooperation.