On 23rd November 2023, doctoral students from the Faculty of Finance of City University of Macau had a successful visit to the Well Link Bank (Nova Taipa Branch), received and accompanied by Mr. Ethan Zheng, Vice President of Well Link Bank. With the support and arrangement of the Well Link Bank (Nova Taipa Branch), about 20 students participated in the visit, which was led by Associate Dean Eva Khong, Faculty of Finance of City University of Macau.

Through the introduction of the bank, the students gained an understanding of the details of a bank branch’s daily operations, the duties of management and frontline staff, and usual operation equipment, such as ATM access machines and barrier-free facilities. The students also learned about the background and main products of Well Link Bank. Well Link Bank was established in 1996 in Macau, now has owned several branches in Macau, in Taipa also have 2 branches, which shows its rapid development. The main products and services of Well Link Bank include deposits, financial securities and insurance products. Deposit products are available in different currencies and durations; securities services cooperate with securities companies in Hong Kong, so the commission is relatively low in the Macau market; insurance products are mainly divided into general insurance and life insurance. The dividend paying function of life insurance protects the inflation problem and attracts many mainland customers.

Thanks to Well Link Bank for its support to the Faculty of Finance in all aspects and for helping to promote the activities conducted by the Faculty. This visit enables students to better understand the development of modern finance in Macau, increase their basic understanding of banking business, establish contacts with banking practitioners and solve relevant questions about banking operations.