Two more banks were accepted.
written by | produced by Zhang Haodong
| Payment Encyclopedia
Recently, "Payment Encyclopedia" noticed that Shenyang Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Shenyang Rural Commercial Bank"), Liaoyang Rural Commercial bank co., ltd. (hereinafter referred to as "Liaoyang Rural Commercial Bank") two banks announced that Liaoyang Rural Commercial Bank will be taken over by Shenyang Rural Commercial Bank.
In addition to Liaoyang Rural Commercial Bank, Liaoning Taizihe Village Bank has also been taken over by Shenyang Rural Commercial Bank. As the two banks take over the work, the relevant business will be transferred to Shenyang Rural Commercial Bank.
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Deposit and withdrawal business are handled normally
The announcement shows that with the consent of the national financial management department, from the date of the announcement, the outlets, personnel and deposits of Liaoyang Rural Commercial Bank and Liaoning Taizihe Rural Bank will be taken over by Shenyang Rural Commercial Bank, this is also This means that the two banks will no longer conduct business.
Transaction media such as passbooks, deposit certificates, bank cards that customers have processed at Liaoyang Rural Commercial Bank and Liaoning Taizihe Rural Bank can continue to be used at Shenyang Rural Commercial Bank, or can be replaced free of charge. Fund security and transaction security will not be affected. Withdrawals and other businesses are handled normally, and all services remain unchanged. After this undertaking, Shenyang Rural Commercial Bank will effectively safeguard the legitimate rights and interests of depositors, other customers and related rights holders under the supervision of the People's Bank of China and the China Banking and Insurance Regulatory Commission. In the next step, the China Banking and Insurance Regulatory Commission will work with the People's Bank of China to actively support and cooperate with the Liaoning Provincial Party Committee and the Provincial Government to further promote the reform and development of local corporate banks, jointly maintain regional financial stability, and enhance the ability of financial services to the real economy. Qichacha shows that Liaoyang Rural Commercial Bank was established in 2016 with a registered capital of 5.62 billion yuan. The legal representative is Wang Kejun, and the largest shareholders are Beijing Anson Golden Century International Investment Co., Ltd. and Beijing Chint Hongxing Shanda Investment Management Co., Ltd. company, with a shareholding ratio of 9.9643%. From the perspective of shareholder structure, the shareholder structure of Liaoyang Rural Commercial Bank is complex and the equity is relatively dispersed. Shareholders also include Liaoyang Huayi Investment Co., Ltd., Shenzhen Ondeway Asset Management Co., Ltd., etc. In the fourth batch of shareholder lists with major violations of laws and regulations announced by the China Banking and Insurance Regulatory Commission in December last year, a total of 15 bank shareholders were removed due to major violations of laws and regulations, among which the top four shareholders of Liaoyang Rural Commercial Bank were all on the list. According to the China Banking and Insurance Regulatory Commission, the problems existing with these bank shareholders include illegally conducting related transactions, concealing related relationships, non-compliance with regulations on the source of equity capital, serious evasion of bank debts, illegal transfer of equity, illegal entrustment of equity, and use of platforms to conduct fictitious businesses. Financing. Not only did shareholders commit major violations, but Jiang Dongmei, the former president of Liaoyang Rural Commercial Bank, fled in March 2021 on suspicion of accepting bribes and illegally granting loans. She was later captured and repatriated to the country. 02 risk banks withdrew in an orderly manner Liaoning Taizihe Rural Bank, as a bank controlled by Liaoyang Rural Commercial Bank, was taken over by Shenyang Rural Commercial Bank together with Liaoyang Rural Commercial Bank. This is an optimization of regional financial resource allocation and also resolves the problem to a certain extent. financial risks. Mergers or takeovers between banks have occurred from time to time, but this is the first time that a rural commercial bank has taken over another rural commercial bank. Against the background of accelerated mergers of small and medium-sized banks, risky banks will also exit the market in a steady and orderly manner. In April this year, the Ningxia Banking and Insurance Regulatory Bureau approved the merger of Ningxia Pingluo Rural Commercial Bank and Pingluo Shahu Rural Bank. According to the relevant approval, after the merger is completed, Pingluo Shahu Rural Bank will be dissolved, and the relevant claims and debts will be Ningxia Pingluo Rural Commercial Bank undertakes the project. The current mergers and acquisitions of small and medium-sized banks are mostly between city commercial banks, rural commercial banks and village and town banks. The effects of the merger are also very obvious, which can effectively improve the operating risks of small and medium-sized banks, and the undertaking party will expand the coverage of outlets. , enhance service radius. In my country’s banking system, small and medium-sized banks still account for the vast majority. There are more than 4,000 small and medium-sized banks in my country, and their total assets account for about a quarter of the entire banking system. While their scale is increasing, small and medium-sized banks are still facing equity chaos. problems such as phenomenon and asset deterioration. As early as 2019, regulators began to consider promoting a package plan to further promote the reform of small and medium-sized banks and prevent and resolve risks, and encourage mergers and reorganizations of potentially risky small banks with total assets of less than 100 billion. At the China Banking and Insurance Regulatory Commission’s briefing meeting in May this year, the China Banking and Insurance Regulatory Commission once again mentioned to encourage high-quality banks, insurance companies and other qualified institutions to participate in the mergers, acquisitions and reorganization of rural small and medium-sized banks. will work with relevant departments to implement support policies to encourage mergers and reorganizations of small and medium-sized banks, in accordance with the market-oriented legal system. The principle of globalization promotes mergers, reorganizations and regional integration of small and medium-sized rural banks. According to the "Payment Encyclopedia", many rural banks are currently struggling to make profits, and have even suffered performance losses. There are many rural banks with net profits ranging from hundreds of thousands to several million yuan, but it is not easy to acquire equity from shareholders. It's easy. Some private company shareholders ask for exorbitant prices. Despite the policy support, the acquirer still faces pressure on asset quality after the acquisition is completed, which is also a big trouble. These problems have also caused some institutions to be very cautious about acquisitions. From a long-term perspective, mergers, acquisitions and reorganizations of small and medium-sized banks are a way to change unfair competition among regional banks, coordinate the overall planning of market resources, and conduct business in an orderly manner. They are also an important way to promote the high-quality development of small banks.
