Two banks have recently announced that they have entered bankruptcy proceedings. Which two are they? We read in the news that on August 26, the China Banking and Insurance Regulatory Commission website showed that the China Banking and Insurance Regulatory Commission had recently agreed in principle to Liaoyang Rural Commercial Bank and Liaoning Taizihe Rural Bank to enter bankruptcy proceedings. These two banks are from Liaoning Province. Why did they go bankrupt? Let’s look at what the China Banking and Insurance Regulatory Commission said. It said that in the past period of time, individual institutions such as Liaoyang Rural Commercial Bank have encountered major risks in operating illegally and illegally, seriously undermining local financial order.
Therefore, with the support of relevant central departments, we resolutely promoted the risk disposal of Liaoyang Rural Commercial Bank and other companies in accordance with the law, strictly enforced market discipline, and purified the financial ecology. Then these two banks entered the stage of bankruptcy and liquidation.
Many people may think that banks are the safest place for us to save money. How could they go bankrupt? In fact, it is not impossible for a bank to go bankrupt, because after it enters commercial operation, if it does not perform well and has problems, then it should go bankrupt, right? And it is not the first time that Bank of China has gone bankrupt. Let us see that as early as 1998, Hainan Development Bank collapsed. It was our first bank to fail. Why did Hainan Bank collapse? It was pretty good when it was first established. However, with the rise of real estate in Hainan, fewer and fewer people went to local banks to save money. Why did everyone take out loans to buy houses?
At this time, Hainan's real estate bubble began to increase, and Hainan's development bank also began to have more bad debts. What's worse? Later, Hainan Development Bank became completely insolvent. Later, under the decision of the central bank, it packaged some of its illegal or insolvent credit cooperatives, including Hainan Development Bank, and may have entered bankruptcy proceedings. .
Then there was another bank that also went bankrupt. It was the Shangcun Rural Credit Cooperative in Suning County, Hebei Province in 2012. It also declared bankruptcy. We say that a bankruptcy will not just go bankrupt and disappear. Its business will definitely disappear. If it is arranged by the country's Banking and Insurance Regulatory Commission and another bank takes over, then the people's deposit business will definitely be transferred to the next bank for processing.
We say that bank bankruptcy is not necessarily a bad thing. Why? Because bankruptcies are definitely violations of laws, regulations and disciplines as stated by the China Banking and Insurance Regulatory Commission, then if you allow these banks to continue to exist, it will be a destabilizing factor for the assets of the people, so it is a good thing to be more strict now. , if you make the financial path more comprehensive and standardized, it will be safer for people to save money to run businesses in the future, right?
Just like when we start a company, in the market environment, it is survival of the fittest. If you break the rules, are not trustworthy, or do poor management, you should go bankrupt, right? Whoever succeeds will succeed. In this case, the market will develop in a healthy way. Otherwise, if you do not manage well and are insolvent, and you are still holding on, this will actually be a greater risk.
Besides, the bankruptcy of your bank actually did not have a great impact on people’s deposit business. Why? Starting from May 1, 2015, our country has issued another regulation called deposit insurance and . So when you go to the bank to deposit money, you will find a small green sign with the words "deposit insurance" written on it. Word, what does this deposit insurance mean? That is, every deposit that ordinary people make in a bank has an insurance. If the bank goes bankrupt, it will compensate you according to a certain amount. The maximum limit is 500,000 yuan. If the amount in your account is If your deposit is less than RMB 500,000, the deposit insurance may compensate you after the bank goes bankrupt. However, if your deposit exceeds RMB 500,000, which is RMB 1,000,000 or RMB 2 million, then it depends on the situation whether you will be fully compensated. If it is enough, it may be I'll compensate you.
But if he really has no money, he may compensate you up to 500,000 yuan.
But in fact, you don’t have to worry about this, because you only need to deposit your money in a large state-owned bank, such as China Agricultural and Industrial Development Bank and some large urban commercial banks, there is generally no problem, such as some small rural banks or some Rural credit cooperatives may not be as secure as such large banks.
Of course, I am talking about assets, so this incident also reminds us ordinary people that we must be alert when saving money, right? If you look at small credit unions such as rural banks, you can save not that much money, less than 500,000. If you have a lot of money, which costs tens of millions, you can deposit it in a large state-owned bank, which is very good. Safe.
Another thing is that starting from this year, our country’s new asset management regulations have also begun to be officially implemented. What are the new asset management regulations? Financial management is no longer about guaranteeing principal and interest, and it is no longer about rigid redemption, but about being responsible for profits and losses. So the introduction of this method is actually to protect our financial security and financial stability. Because in the past, if something went wrong with some financial investments, the bank would be responsible, right? The pressure on banks and financial institutions is very great. If huge losses occur, it is likely that more financial institutions will go bankrupt if they cannot withstand this pressure. In that case, the people will suffer even greater losses. Some.
After our rigid redemption is introduced, that is to say, in the future, these financial management will be divided into several levels, such as low risk, medium risk and high risk. If there is a loss, then it will be borne by the customers themselves.
If you feel that you cannot bear too much fluctuation and you prefer stable and safe financial management, you can buy this medium-low risk financial product. If you like to try your hand at turning a bicycle into a motorcycle, there may be 5 There is a 0% probability of earning 1 million, but there is also a 50% probability of losing 500,000. So if you think you have the strength, luck and endurance, you can do this, but if there is a loss, you have to be responsible for it yourself, so everyone is You should be more careful when buying financial products.
So at present, when you save money in the bank, only these two products will definitely guarantee your principal and interest. The others will not, and you will be responsible for your own profits and losses. What are they? The first one is the debt issued by the national debt country. This can guarantee the safety of your principal and interest because it is backed by the national credit. So what is the second one? It is the bank's large-denomination certificate of deposit . This can be guaranteed for you. The minimum deposit point for large-denomination certificates of deposit is usually 200,000. Some deposits can be deposited for one year, two years, and three years. You are like 3 of some of the five major banks. Large-denomination certificate of deposit Its starting point can even give you 5,600,800,000, and large-denomination certificates of deposit are very popular now, because the interest rate it offers is really good, maybe around 3%. Of course, it has dropped recently. I think it is It has dropped to a little over 2.9%, but after all, compared with other financial management products on the market at the same time, it is still absolutely safe, and the interest rate is not necessarily very low. What is the most important thing?
Large-denomination certificates of deposit are also very flexible. We say that if you go to the bank to deposit a time deposit, if you take it out before it expires and use it for emergencies, you may not be able to enjoy the interest rate of the time deposit. What you enjoy is the demand deposit. The interest rate is very low, several times lower.
But large-denomination certificates of deposit are different. If you save a large-denomination certificate for three years, you can resell it and transfer it to others at the same interest rate. This fund is very flexible, and you don’t have to worry about not being able to transfer it. I will Always check the transfer information of these large-denomination certificates of deposit on your mobile phone. Basically, many of them offer good interest rates, but the large-denomination certificates of deposit are snatched away as soon as they are posted. Moreover, when you buy a large-denomination certificate of deposit, you have to make a reservation in advance. If you grab it first It's hard to get hold of it. Some deposits starting at 200,000 were even snatched away as soon as they came out. You have to call the bank manager in advance to order privately, so it is very important for everyone to remember two things. One is a large-denomination certificate of deposit, and the other is a national bond. , some other messy No matter what the bank manager tells you, he does not guarantee principal and interest. In fact, there is a very safe financial tool, but I did not include it in the scope of saving and managing money, because It's called insurance.
Insurance is a long-term thing. It cannot be called saving money. It can only be said to be a way of managing money. It is to leave your money today to the future and use your money to pay it to the insurance company. Finally, in fact, it is not your money, it is the insurance company's money.
What you exchange for money is a promise from the insurance company, which is a promise that one day in the future, it will definitely give you a sum of money, and it may be calculated on a certain interest basis, so insurance is actually It’s not a deposit. It doesn’t mean that you deposit money into an insurance company. It means that you hand the money directly to the insurance company, and the insurance company invests it for you. What you get in exchange is a contract. This is actually not the same as depositing money in a bank. The same concept, but now many banking websites Click here and the salesperson will recommend many insurance and financial products to you. In fact, insurance is more about protection. I don’t think it has much to do with saving money. Insurance includes insurance for various diseases and some long-term financial insurance. , in fact, it belongs to pension insurance. In insurance, Remember, money must have very poor liquidity. Once you buy it, you cannot return it. If you return it, you will suffer a big loss. The money you bought must be reserved for the future. Only when certain conditions are met one day in the future can you The money can be obtained, so everyone must make a clear distinction.
Finally, I want to say that in fact, the bankruptcy of two banks in Liaoning this time is not a bad thing. Why? It shows that our country’s financial supervision is becoming more and more strict. In the past, there were some people who may have been operating illegally, or were engaging in small tricks in private, but now they can no longer be hidden, they are all caught out by you, and they will go bankrupt when they should, so as to restore a safe and stable financial environment to the people.
What does this actually mean? Our country is on the right track in terms of finance, operating strictly in accordance with the law and rules to provide the people with the greatest safety and security. So for ordinary people, you must understand some deposit products according to your own needs and buy the corresponding things you want, instead of just listening to what the bank's lobby manager tells you and feeling that you can take advantage. Just buy it, it’s not the same thing. What suits you and what you need is the best.
