80 Million Financial Change, Third Party Guarantee, Uncovering The Whole Sale Of Minsheng Bank

Here world clothing shoes Hat net Xiaobian introduced to you is 80 million financial change third party guarantee, exposing Minsheng Bank illegal sales throughout.

The borrower lost contact, so that Minsheng Bank (6.40, 0.01, 0.16%) Wuhan branch was caught in a "illegal sale" dispute.

On the evening of August 6th, Lu Chunming, who was worried about it, told the business reporter in twenty-first Century that he bought a "high-end finance" with an initial investment of 10 million yuan and an annual yield of 12.08%, which was recommended by the customer manager of Minsheng Bank Wuchang branch.

After the recommendation of the customer manager, Lu Chunming said he had mortgaged about 30000000 yuan of his and her relatives' about 30000000 yuan deposit receipt to the bank in three times in May this year. Lu said, there are 12 other accounts also bought this "money", involving a total of about 80 million yuan. Since then, the bank has paid the capital to a borrower named Hubei Yongfu investment company (hereinafter referred to as "Yongfu investment") in the form of a bill of acceptance. In mid July of this year, Li Qing, a borrower, lost contact with the company and set off the risk of bad debts.

However, what Lu Chunming calls "high-end financial products" is not recognized by banks. Minsheng Bank statement said that Lu Chunming and others were pledged to the people's Bank of China on the basis of individual time deposit certificates, providing full pledge guarantee for Yongfu investment bank's bank acceptance bill.

On the afternoon of 8 th, the Wuhan branch of Minsheng Bank, which was interviewed by the economic report in twenty-first Century, also pointed out that the contract signed by Lu and other clients in the bank was only a guarantee contract, and the signing of the loan contract was totally unsuspecting.

At present, in view of the nature and signing process of this business, investors such as Lu Chunming and other people's livelihood banks insist on each other. Li Qing's loss of connection may make the investment a drain.

Debate on "financial products"

May 2014 is destined for Lu Chunming.

In a month, Lu Min handled three three time deposit certificates of 3 million yuan, 8 million yuan and 3 million yuan respectively in Minsheng Bank, and then pledged these certificates of deposit. Later, he recalled that he signed a blank contract in the office of the 2 branch of Minsheng Bank Wuchang branch, including the guarantee contract and the loan contract. In his understanding, the bank took the money to make financial investment, and only had to wait after the expiration of the money, and the principal sum was recovered with an annual interest rate of 12.08%.

Unexpectedly, in the afternoon of July 25th, Wuchang branch of Minsheng Bank suddenly informed Lu Chunming to go to the conference room of the two floor of the bank to have a coordination meeting. Originally, the bank will guarantee the deposit of 13 accounts, including Lu Chunming, to guarantee investment by Yongfu, while the latter legal person Li Qing has lost contact.

Is it a bank financial product or a personal deposit pledge?

Lu Chunming explained that Minsheng Bank Financial Manager Han representative of Minsheng Bank, is the line of business people, and they are the people's Bank of China's VIP customers, the bank and South Korea has always been very trusting. Since November 2013, Han has recommended a high-end investment and financial product for high-end customers, starting from 10 million yuan, with an annual yield of 11.08% and no risk.

Lu Chunming said that he had told him that the investment project had been examined by the banks at various levels, and that the project customers had supervision over the closed accounts in the bank, and that the deposit guarantee opened by the Minsheng Bank was used as a guarantee for repayment. In addition, the company also has mortgage and other mortgages in Minsheng Bank, while Han's father has invested 30 million yuan to buy the product. In this way, Lu heart.

In order to prove his statement, Lu told reporters that he had submitted a "situation note" submitted to the higher authorities of Minsheng Bank.

Han said in a note that it entered the Wuchang branch of the people's livelihood in April 2005, and currently serves as a customer manager, which is a retail chain assessment. Since the second half of 2013, the Yongfu investment program, the main business, including the coal trade, has been "overweight" in the business, and has applied for an increase in the credit limit of the company to 90 million yuan, but it has not been approved, and the amount of examination and approval required is only 30 million yuan. As a huge deposit customer resource, he has worked with Yongfu investment for 5 years. He believes that the cooperation has been good for a long time and the credit record of the other party is good.

To this end, Han recommended 13 personal accounts, including his father, to finance Yongfu investment, with a total value of 77 million 600 thousand yuan.

The mode of operation is: Lu Chunming and other high-end clients first sign the loan contract with Yongfu investment, and stipulate the amount, interest rate and half year period. Then the client will deposit the personal deposit with the deposit receipt pledge to the bank. Since then, the bank has opened a bank acceptance bill for Yongfu investment. When the draft is due, the borrower will invest the company's own capital to its public account in the Minsheng Bank, and then complete the payment by the Minsheng Bank. After the completion of the thaw procedure, Lu Chunming and others can withdraw the deposit receipt. Yongfu investment pays Lu Chunming and others the interest of 8%-9% on the basis of the face value. At the same time, Lu Chunming and others can get about 3% interest on the time deposit certificate.

This is not the first time Han has operated this business. He said in the statement that no problems have occurred since he did this business in 2013.

Lu also admitted that last year he bought the "high-end finance" in the same way, when the borrower was also Yongfu investment, but then expired and paid on schedule.

But this time, Lu Chunming is not so lucky. Since July 17th, Li Qing lost contact with the bank. Only the Minsheng Bank, it faces the 40 million yuan loan that will be expired and the 80 million yuan of personal financing can not be returned.

In view of this, Minsheng Bank has convened 13 accounts holders to hold a coordination meeting to inform the related risks.

8, on twenty-first Century, the economic report reporter contacted Han, who said he was also a victim. As a customer manager of Minsheng Bank, he belonged to a full-time employee. All his actions were related to his duties. At present, the bank has not authorized its public speaking, nor can it speak publicly about the various statements of customers.

Minsheng Bank also said in a statement to the outside world that the above funds providers are friends of Han min's father and Han father of the Wuchang branch of Minsheng Bank, and the main providers of funds are mostly shareholders and executives of a listed company. No financial and other contracts have been signed between the bank and the above fund providers except for the deposit receipt pledge contract.

　 Risk warning vulnerability?

Ms. pan, the office of the Wuhan branch of the Minsheng Bank, also said that there was only one guarantee contract signed by the client at the bank, and another loan contract was not signed by the bank, nor related to the seal. "The bank's contracts are generally standardized, with a fixed format, but the loan contract is similar to the private lending contract, and the bank is not aware of it."

According to whether the customer manager is involved in the sale of customers, whether it involves "no risk" statement, whether it introduces the relevant situation of Yongfu investment, and the specific process of signing the contract, Ms. Pan said that the bank is verifying the situation. As a bank worker, the bank has the responsibility of management. If there are any irregularities, it will be dealt with according to the relevant regulations.

People in the banking sector also admit that they have people's livelihood. Bank In the seal contract, there is only a 105202014022089th "bank acceptance agreement" signed between the people's livelihood and Yongfu investment, but the loan contract related to Lu and others has not been embodied in the text. There is no seal of Minsheng Bank in the loan contract.

From the text, it is impossible to prove that the loan contract was signed by the Minsheng Bank staff. In the guarantee contract signed with the two sides, there are no words or clauses related to risks.

What is the individual time deposit certificate pledge business?

In 2007, the CBRC promulgated the "personal time deposit certificate pledge loan method", which means that the borrower takes the undue personal time deposit certificate as a pledge, obtains a certain amount of RMB loan from the commercial bank, and the loan business which is due to repay the principal and interest by the borrower at the maturity. The borrower can pledge under his name time deposit certificate, and can also pledge the third person's deposit receipt.

"The business model of third person deposit receipt pledge is a policy hit ball, and basically all major banks have launched it." A bank official admits that the customer manager of a retail serial position usually owns a large number of deposit clients, but also touches on some company customers who need funds but fail to pass the credit approval. Through this kind of pull line, customer managers can increase their business indicators and increase the performance of the bank's acceptance business. But this business is very risky. In recent years, many banks have gradually reduced the development of personal deposit pledge business.

Lu Chunming said after that, he had admitted to him that in the Ministry of public supervision of Minsheng Bank, he issued a letter of acceptance for the issuance of the acceptance of bills of deposit on individual time deposit certificates, and requested that this business be suspended after April this year. "Our contract was signed in May." However, the reporter has not yet verified the stop.

"Bright" lost contact: who is Yongfu investment?

At present, there is no conclusion on the dispute between investors and banks. Minsheng Bank's response is clear. The business has not yet expired, and the certificate of deposit is still in pledge period. The fact that funds are "missing" has not yet happened. Li Qing, who has lost half a month or so, will appear and cash in the debt before maturity, which is hard to say at the moment.

Who is Li Qing?

Yongfu investment official website shows that the company is an international diversified investment holding group, with its headquarters in Wuhan and its overseas headquarters in New York. The company's main business involves coal mining and operation, precious metals and nonferrous metal mining. The group has subsidiaries in Guizhou, Yongfu mining, Jinsha County, Ping Ping mining, Fuyuan Yongfu mining and Xuanyuan Ge jade company. It has foreign investment companies such as Brook, Bingham, Greening, three real estate companies, John R investment company, new Po Jiajun international company and many other subsidiary companies, and shares Corelle company.

Yongfu investment claims to be the pillar industry of the company. The Guizhou Yongfu mining two mine produces high-quality anthracite with an annual output of two million tons. The total value is 1 billion 200 million, and the long-term market value can reach tens of billions. At present, the company entities of the two mines have been listed on NASDAQ [micro-blog], and are listed in Hong Kong in early 2014.

In a statement, Han also said that since 2009, it has invested with Yongfu investment. In 2010, Yongfu investment belongs to Minsheng Bank's business loan customer. The loan amount is 8 million yuan, and the credit line of the people's livelihood increased year by year, reaching 40 million yuan in 2013.

According to the audit data from Han, the investment volume of Yongfu investment from 2009 to 2013 is 1400 yuan, about 70000000 yuan, 250 million yuan and 580 million yuan respectively. During the two sides' cooperation, Yongfu investment has no overdue record. The credit rating of the people's livelihood is A, and the credit limit is 100 million yuan.

Han said in a note that the wind control measure of Yongfu investment in Minsheng Bank is mortgage of up to 98%, and the company also adds a closed payment agreement with business contacts. The agreement is examined by the legal compliance department of Minsheng Bank. In addition, Minsheng Bank added Li Qing's joint and several liability guarantee. Li Qing holds 30% stake in Yongfu mining, Guizhou. The company has jurisdiction over Yongsheng and Bai Ping coal mines, and the two ore resources have been brought to Hongkong successfully by 01738.HK.

"But in recent years, the development of coal industry has entered a downward cycle." An investment professional told the economic news reporters in twenty-first Century that from the perspective of investment and financing, the risk assessment of the industry should be substantially adjusted, and credit rating would generally be reduced.

Ms. pan also declared that Bank The situation is being verified to help customers reduce losses. It includes the beginning of cleaning up the assets of Yongfu investment company's pledge in the bank, and the preservation of assets, and plans to adopt corresponding legal measures according to the circumstances.