Who Is The Cause Of The Sudden Drop In Renminbi Deposits?

< p > > the world's < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank". "Xiao" hat net's small compiling is to introduce Guo Shi Liang: who caused the sudden drop in RMB deposits?

Who caused the sudden drop in Renminbi deposits? < /p > p

< p > data show that in July 2014, China increased RMB loans by 385 billion 200 million yuan, showing a sharp decrease compared with the expected 780 billion yuan.

At the same time, RMB deposits in July decreased by 1 trillion and 980 billion yuan, or 1 trillion and 730 billion yuan over the same period.

Among them, the four largest banks built by workers and peasants lost 1 trillion and 500 billion yuan in July.

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< p > from the sub item data, household deposits decreased by 1 trillion and 80 billion yuan, deposits of non-financial enterprises decreased by 1 trillion and 350 billion yuan, and fiscal deposits increased by 680 billion 400 million yuan.

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< p > in the light of the massive slide of many data, who caused the disaster? I think Guo Shiliang has several major factors.

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< p > first, it was hit by the "mid year assessment" of banks.

Generally speaking, the CBRC is more interested in assessing the banking sector at the end of the month and the end of the quarter.

Therefore, in the key time of "mid year assessment", banks attract more deposit funds with high interest rate to raise the total amount of deposits, and ultimately achieve the reasonable standard of loan to deposit ratio.

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< p > however, under such an assessment mode, it is easy to generate a significant increase in the amount of deposits at the end of the month. By the end of next month, there will be an embarrassing decline in the amount of deposits.

At this point, this is a major reason for the sudden drop in Renminbi deposits.

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< p > Second, the Internet financial products diverted some funds.

From the change of household deposits and the change of non-financial enterprise deposits, there are some phenomena of loss of deposits.

Some of these funds are not satisfied with the current low interest rate of bank deposits, and then pferred to other relatively high financial channels.

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< p > since last year, Internet financial and financial products based on balance treasure have created one after another achievement.

Take the balance treasure as an example, it has been established for a little over 1 years, and the number of users has reached 81 million. The total amount of funds involved has reached 600 billion yuan.

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< p > since the beginning of this year, the annual yield of the "legion of the Legion" has dropped to a new low because of its many investment advantages.

Up to now, many "treasure products" have nearly 4% of the annual yield pass, the situation is not optimistic.

However, at the same time, P2P network lending platform, public funding and other financial channels have grown rapidly.

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< p > take the P2P net loan platform as an example. In the past two years, its development speed is amazing.

Data statistics, as of the first half of this year, P2P net loan industry volume reached 81 billion 837 million yuan, the whole year is expected to reach 202 billion yuan level.

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< p > in addition, with the vigorous growth of the P2P net loan industry, some listed companies and listed banks step into the P2P field step by step.

For example, the livelihood of the people's Bank of China's livelihood easy to lend, ten thousand good family of the Yellow River finance.

It can be seen that in the rapid growth of Internet finance, some bank deposit funds have also been diverted.

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< p > > 3, < a href= "http://www.91se91.com/news/index_c.asp" > stock market < /a > the market has improved slightly, and it also plays a role of diversion to bank deposit funds.

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< p > although the overall stock market gains are not large at present, the performance of China's stock market in the short term is stronger than the average level of the major stock markets in the world.

It is undeniable that the strength of the stock market is closely related to the relatively loose funds and the expectations of Shanghai and Hong Kong.

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< p > after last June's "money shortage" crisis, management has some experience in dealing with the economy and the stock market.

Finally, under the continuous "micro stimulation" role, China's economy and China's stock market smoothly pition to this sensitive time point.

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< p > the current management has defined the bottom line of the whole year's economic growth, and the continuous "micro stimulation" policy will continue to be used.

As a result, it creates a relatively relaxed financial environment for the stock market.

In addition, Shanghai and Hong Kong are pushing forward or will be officially launched before October 20th of this year.

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< p >, however, I believe that stimulus is only pient, and the future economic pformation can not be completely dependent on investment incentives.

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< p > in the past, China was more interested in using investment to promote the economic growth mode in the three carriages of investment, net export and consumption.

Obviously, after a long period of investment stimulation, China's economy has already formed a serious investment dependence.

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< p > on the one hand, it is a continuous profiteering of the traditional financial institutions, and some of the super state-owned enterprises have plenty of capital. On the other hand, it is the embarrassment of the financing of small and medium-sized enterprises and the difficulty of private capital investment.

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< p > up to this point, huge bank deposits can not give full play to the core role of supporting the real economy. The vast majority of small and medium-sized enterprises in China are unable to obtain cheap loan interest from traditional financial institutions.

As a result, due to factors such as capital turnover, many small and medium-sized enterprises are willing to borrow large amounts of loans through private lending channels to maintain the survival of enterprises.

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< p > it is gratifying to note that with the advent of the Internet financial era, a large number of small and medium-sized enterprises have also created an effective financing channel.

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< p > it is understood that the current Internet financial platform based on part of the P2P net loan platform provides an average expected annual yield of about 12-18% for investors.

However, the distribution of such platforms to small and medium-sized enterprises requires 24-35% or even higher interest rates.

Even though the interest rate level is obviously high, the development of SMEs in China is actually more realistic than without financing channels.

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< p > to this end, as an internet financial field focused on microfinance, it has gradually played a supporting role in the development of the real economy.

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< p > up to now, the author thinks that < a href= "http://www.91se91.com/news/index_s.asp" > RMB > /a > deposit is decreasing suddenly, on the one hand is the influence of bank's "mid year assessment", on the other hand, it is the result of the impact of Internet Finance and other fields.

Obviously, under the impact of the latter, it will also play a positive role in the healthy development of the economy.

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