Bank Category: Gallery and financial institutions

By the end of 2006, the first emergence of the Shanghai Art Bank, engaged in the leasing business of art. In 2007, Beijing Century Wall Art Gallery to launch banking, Minsheng Bank has launched the "work of art financial management plan" No. 1 products. This year due to the appreciation of contemporary oil paintings soon, the current art is also the main banking business for this area.

Professionals said, "Art Bank" There are two types, one works to build a huge database of galleries, art galleries can help customers to buy famous paintings and appreciation of the signing of the agreement on behalf of the sale of cash. Wall century artistic director of the Museum Park Joe Wang said: "If you spend 100,000 to buy a piece of work from here, and we can sign an agreement to buy, for example, within one year of the painting to ensure that at least 110,000 to the appreciation, if not up to that time To 110,000, the Arts Center will make up the difference. "At the same time, collectors can also purchase works of art commissioned by the gallery for sale, sold more than the price of the original price of the oil painting, the gallery will charge a commission of 50%.

The other is the financial institutions on behalf of their clients work of art financial investment, similar to the "works of art investment funds", such as Minsheng Bank's recent work of art financial management is only the first domestic product "works of art investment plans on the 1st." Minsheng Bank in accordance with the plan, the starting point for customers to invest 50 million investment cycle two years, the sale of works of art by the team of experts to operate and is expected to yield annual rate of return of about 38%.