Banks Hold High Interest Rates To Prohibit &Nbsp; The CBRC Promotes Daily Average Assessment System.

Despite three of the regulatory authorities,

"In the current profit model that relies mainly on interest spreads and insufficient intermediary business, the competition among banks for the scale of interest bearing assets is becoming increasingly fierce. The internal assessment mechanism of banks is also designed around the competition between asset size and market share.

Therefore, it is impossible to fundamentally eliminate the illegal behavior of commercial banks.

A state-owned commercial bank recently pointed out to reporters.

November 2nd, approaching

A one-day tour of deposits

In August, the CBRC issued a notice of strictly prohibit high interest collection and storage to the whole country. In the middle of September, a number of commercial banks with illegal storage problems were seriously investigated and eight banks (branches) were named.

The CBRC's agencies have also issued a self regulating Convention on deposit business to regulate the behavior of financial institutions within their jurisdiction.

The bank's illegal behavior has been restrained, but it can not be stopped.

A small business engaged in computer agency sales in Zhongguancun, Beijing, applied for 5 million short-term liquidity loans to Beijing bank 2 months ago for the purchase of computers. The funds were in place in late September.

Owing to the fact that the payment of the goods was ten days from the contract payment period, Xiao Zhang drilled the bank's "time deposit". The idle money only went back and forth in the bank, which brought him a lot of extra income.

In September 30th, Xiao Zhang deposited this fund in a branch of Minsheng Bank and opened a current account. As long as the deposit lasts for more than 1 days, the loan officer of the bank will pay 25 thousand cash in cash immediately.

Beforehand Xiao Zhang also heard from other banks that many banks could provide short cash return on the day of September 30th, with a rebate rate of at least 3/1000, up to 8/1000.

The war of preservation is particularly frequent at the end of every year, at the end of the year and the end of the season.

A joint-stock bank official disclosed that sometimes a sum of money could be turned several times between banks on the same day.

This phenomenon is especially prevalent in small and medium-sized banks which are heavily in debt business.

The deposit phenomenon exists in foreign banks.

The reporter has learned that some foreign banks directly give client managers a certain percentage of marketing expenses, and the client manager can flexibly determine how much of them are used to cash in cash for customers.

For example, the cost ratio of the Bank of East Asia to its depositors is 3.4 per thousand.

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Time point examination must exit.

Lian Ping, chief economist at Bank of communications, said that the fundamental reason for the prohibition of illegal behavior of commercial banks is that the development mode of making bigger and stronger market share still dominates the incentive reward and punishment system of commercial banks.

The expansion of asset business must be based on deposits. This year, the market and regulation of debt business have undergone relatively large changes. Some small and medium-sized banks have great pressure on debt business.

"It may be that the derivative deposits generated by loans have flowed to large banks, and some banks' liabilities business has not been able to keep up with the expansion of asset business."

"If the average daily management of deposits is used, it will be useless to rush to the point of scale. Commercial banks can maintain a reasonable level of assets and liabilities and prevent liquidity risks arising from the rapid expansion of asset business.

Therefore, the implementation of the daily average assessment should be faster and better.

Lian Ping thinks.

He also pointed out that some high loan to deposit ratio, high profitability of small and medium banks liquidity risk has emerged.

There are usually two ways to solve the liquidity problem of commercial banks. One is to collect interest at high interest rates and two to borrow funds.

High interest rates may be due to the intense liquidity at some point. "

Those who are close to the regulator say that regulators have been asking banks to set up a monthly average daily assessment system for deposits and loans. Since the beginning of this year, the CBRC has increased the frequency of dynamic monitoring of deposit and loan, but some banks have not performed well, and the time point assessment still occupies a large proportion.

He said that the regulatory body will strongly urge commercial banks to change the assessment system based on time points as soon as possible. "Time assessment is unnecessary, and it will be diluted or even canceled in the future."

He also pointed out that in the future, regulators will be inclined to refer to daily average rather than time data for various indicators and methods of commercial banks, including regulatory ratings.

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Daily average assessment is difficult to implement.

The above sources also said that the current emphasis on the average daily assessment mechanism of deposit and loan is not only to control the illegal storage behavior of commercial banks, to regulate market order, but also to strengthen the management of liquidity risk in banking industry and improve the continuous operation ability of commercial banks.

In fact, the daily assessment of deposit and loan is not the latest requirement. The internal assessment mechanism of most commercial banks covers this one, but the actual assessment is still based on the time point.

The above state-owned banks told reporters that the needle on the deposit and loan assessment mechanism is implemented daily assessment and time assessment of "two lines".

The average daily assessment is decided by the number of benefits that the examiners can get most, and the time point assessment determines the effective wage of the staff.

For example, if the bank stipulates that the average daily deposit will be increased by 10 million over the previous year, it will get 20 thousand yuan in the end of the year, but if it can actually get 20 thousand yuan, it will have to refer to the completion of the deposit index at the time.

If the completion of 70%, it means that the benefit wage can only get 70% yuan, or 14 thousand yuan, of 20 thousand yuan.

"Time deposits are related to the actual wages of employees, which is very important for individuals, but it is not good for banks because they do not benefit banks."

He said.

The bank believes that if the regulatory authorities require banks to weaken the requirements of time assessment, the daily average assessment will be conducive to the steady development of the debt business of commercial banks, and will help to enhance the stability of the source of bank funds.

"Daily average deposit assessment is divided into stock and increment. Generally speaking, the daily average balance check is more reasonable.

And the whole assessment index system should also include multiple indexes such as per capita profit, per capita profit year-on-year growth rate, daily average deposit growth rate, average daily deposit increment, year-on-year growth rate and asset quality.

He suggested.