People have always had a habit of trusting banks. I always feel that banks are public. Many people have no idea that after financial reform, many private banks, rural banks, etc. have appeared in our country.
my country's establishment of private banks is mainly to break the state-owned monopoly of China's commercial banking units and achieve diversification of financial institutions. Compared with state-owned banks, private banks have two very important characteristics: first, autonomy. The operation and management rights of private banks, including personnel management, are not subject to interference and control by any government department, and are completely determined by the bank;
二It is private, that is, the property rights structure of private banks is mainly based on non-public economic components, and this is used to prevent government intervention to the greatest extent. As an important part of the financial market, the special property rights structure and operating form of private financial institutions determine that they have a series of advantages such as flexible mechanisms, high efficiency, and strong professionalism. Therefore. Private banks are an important supplement to China's state-owned financial system.
Banking is a high-profit industry, so people are highly motivated to invest in banks. However, banking is a high-risk industry, and the characteristics of its liability management determine that banks must give top priority to "security." Because the bankruptcy of banks will cause depositors to suffer losses and lead to a " domino effect ", triggering a series of chain reactions.
At present, in addition to 5 huge state-owned commercial banks in my country, such as "Bank of China", "Agricultural Bank of China", "Industrial and Commercial Bank of China", "China Construction Bank" and "Bank of Communications". There are 12 national joint-stock commercial banks, such as: China CITIC Bank, China Everbright Bank, Hua Xia Bank, China Minsheng Bank, China Merchants Bank, Industrial Bank, and Guangfa Bank , Ping An Bank , Shanghai Pudong Development Bank , Hengfeng Bank , Zheshang Bank and Bohai Bank . Compared with state-owned banks, the equity of such joint-stock banks is relatively more dispersed.
A nationwide special bank Postal Savings Bank and a number of city commercial banks (local banks), as well as private banks such as Tianjin Jincheng Bank , Shanghai Huarui Bank , Zhejiang Online Commerce Bank , Wenzhou Commercial Bank , Chongqing Fumin Bank Co., Ltd. and Shenzhen Qianhai Weizhong Bank , rural credit cooperatives and other financial institutions. As long as it is a financial institution that is established under the supervision of the China Banking Regulatory Bureau, operates in accordance with the regulations of the People's Bank of China, and has purchased deposit insurance, it is safe.
The deposits of formal private banks are guaranteed just like state-owned banks. If private banks need to pay deposit insurance premiums, then the deposit products they issue will enjoy the protection of deposit insurance as long as they comply with regulations. If it does not comply with the regulations, it will not be covered by deposit insurance. For example, in structured deposits, only the principal is protected by deposit insurance, but the interest is not protected.
In other words, as long as investors confirm the ordinary standard deposit they purchased, even the deposits of private banks will be guaranteed.
What I want to say here is to be wary of some financial institutions such as some expanding rural banks. The crisis of rural banks in Henan, which has recently caused heated discussions on the Internet, has sounded the alarm for us.
At the press conference of the State Council Information Office held on the afternoon of July 13, Sun Tianqi, director of the Financial Stability Bureau of the People's Bank of China, said in response to the Henan rural bank risk incident that the central bank rating results in the fourth quarter of last year showed that there were a total of 316 high-risk institutions. The number of banks accounts for 7% of the participating institutions, and the asset scale accounts for only 1%. The central bank ratings of the vast majority of small and medium-sized banks are within the safety boundary.
According to the speech of the Director of the Financial Stability Bureau of the People's Bank of China, the number of high-risk institutions with bank ratings accounts for 7% of the participating institutions in the banking industry, but the asset size only accounts for 1% of the participating institutions in the banking industry.
Since mid-April, many rural banks in Henan have successively announced "system upgrades" and bank deposits cannot be withdrawn. About 400,000 depositors have been affected. According to officially disclosed information, the online transaction systems of rural banks such as Yuzhou Xinminsheng were controlled and exploited by criminal groups. Unlike previous financial crimes, criminal gangs have penetrated into formal savings channels this time.
The financial turmoil in rural banks in Henan has also sounded the alarm for us. In addition to the government financial management agencies increasing management efforts, every investor must also establish financial risk awareness and change investment concepts. Not everyone The government can foot the bill for every investment. Financial crimes must be severely punished. I think this crisis should wake up many people to go to state-owned banks in the future. The major shareholder is the state, and the people below will not be controlled by one person. Deposits will be insured according to regulations, and the state will cover all the losses within 500,000. . Also, financial products do not guarantee principal, so be careful when purchasing them.
