Sun Tianqi, director of the Financial Stability Bureau of the People's Bank of China, said in response that since the Henan rural bank risk incident occurred, the People's Bank of China has actively cooperated with local governments and regulatory authorities to respond steadily,

On July 13, the central bank issued a response to the Henan rural bank incident.

Sun Tianqi, director of the Financial Stability Bureau of the People's Bank of China, said in response that since the Henan rural bank risk incident occurred, the People's Bank of China has actively cooperated with local governments and regulatory authorities to respond steadily, guide branches to fulfill their responsibilities in maintaining regional financial stability, and do a good job in liquidity. Sexual risk monitoring and emergency protection. Overall, my country's financial risks have converged and are generally controllable, with 99% of banking assets within safe boundaries. As of the end of 2021, the total assets of my country's banking institutions were 345 trillion, accounting for 90% of the total assets of the entire financial industry.

We say "stable banking means stable finance." The central bank rating results in the fourth quarter of 2021 show that among the 4,398 banking institutions participating in the rating, 4,082 are level 1-7 financial institutions within the margin of safety. The number of institutions accounts for 10% of the banking industry participating in the rating. 93% of the institutions, and the asset size accounts for 99% of the participating institutions in the banking industry. Among them, the ratings of 24 large banks have always been maintained at levels 1-5, which are excellent ratings. Their asset scale accounts for 70% of the entire banking industry participating institutions, and they are the ballast of the entire financial industry. There are 316 high-risk institutions rated 8-D. The number of high-risk institutions 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. In other words, the central bank ratings of most small and medium-sized banks are within the safety boundary.

Timeline of Events

In mid-April, the problem of difficulty in withdrawing money from individual banks in Henan gradually attracted attention.

html On May 18, Securities Times reporter learned from China Banking and Insurance Regulatory Commission that Henan New Fortune Group, a shareholder of four rural banks, absorbed public funds through internal and external collusion, the use of third-party platforms and fund brokers, and was suspected of illegal crimes. The public security organs An investigation has been opened.

On June 18, Ping An Xuchang issued a police report stating that preliminary investigations revealed that since 2011, a criminal gang headed by Lu, the actual controller of Henan New Fortune Group Investment Holding Co., Ltd., was suspected of using village banks to commit a series of serious crimes. At present, positive progress has been made in the investigation of the case. The public security organs have arrested a number of criminal suspects and sealed, detained, and frozen a number of funds and assets involved in the case in accordance with the law.

On the same day, the relevant person in charge of the Henan Banking and Insurance Regulatory Bureau and the Henan Provincial Local Financial Supervision Bureau stated that the Henan Banking and Insurance Regulatory Bureau and the Henan Provincial Local Financial Supervision Bureau instructed relevant village banks to rely closely on the local party committee and government and actively cooperate with the public security organs in investigating cases. Do a good job in the registration and subsequent disposal of fund information, and protect the legitimate rights and interests of financial consumers in accordance with the law. At the same time, relevant people are reminded to cooperate with the information registration work.

On June 20, a number of rural banks in Henan issued announcements stating that in accordance with the requirements of the financial management department, online customer fund information registration will be carried out from now on. All customers who are unable to handle business normally after the bank's online trading system is closed are required to register.

html On July 1, the Henan Banking and Insurance Regulatory Bureau website issued a notice reminding relevant customers to speed up information registration. The notice stated that relevant responsible comrades from the Henan Banking and Insurance Regulatory Bureau and the Henan Provincial Local Financial Supervision Bureau stated that significant progress has been made in the investigation of the cases of four village banks including Yuzhou Xinminsheng in our province, and the relevant departments are screening information and studying and formulating disposal plans.

On the evening of July 10, the relevant persons in charge of the Henan Banking and Insurance Regulatory Bureau and the Henan Provincial Local Financial Supervision Bureau stated that the relevant departments are speeding up the verification of customer fund information of four rural banks and formulating a disposal plan, which will be announced in the near future.

On the same day, the Xuchang Public Security Bureau in Henan Province reported that a group of criminal suspects were captured by the Xuchang City Public Security Bureau, and a group of funds and assets involved in the case were sealed, detained, and frozen in accordance with the law.

html On the evening of July 11, the Henan Banking and Insurance Regulatory Bureau and the Henan Provincial Local Financial Supervision Bureau issued an announcement. Based on the investigation and recovery of funds and assets, and after research, advance advances will be carried out in batches for the principals of off-book business customers of four rural banks. Work. The first batch of advance payments will start on July 15, and the objects of advance payments are customers with a single person's combined amount of less than 50,000 yuan (inclusive) from a single institution.

Comprehensive from: Guoxin.com, Securities Times, etc.