Do You Know The Maximum Amount Of Bank Failures?

Our country will push the deposit insurance system: bank bankruptcy or up to 500 thousand.

If a bank goes bankrupt, there is only money in the bank. 500 thousand yuan is guaranteed. Yesterday, there was news that the people's Bank of China held a nationwide teleconference on the deposit insurance system throughout the country, and provincial branches were leading to Beijing to study and deploy the deposit insurance system in January next year. Nandu journalists have proved that the deposit insurance system is very likely to be launched in the near future. "The draft will be published soon." People close to the central bank told reporters in Nandu. In addition, the Nandu correspondent was informed that the deposit protection ceiling was 500 thousand yuan under the current scheme. For the public, the deposit must be divided. Two, we must see if the bank where the deposit is located will go bankrupt.

The draft will be released soon.

The so-called deposit insurance system is that banks pay premiums to the deposit insurance institutions in a certain proportion. Once a business crisis or bankruptcy occurs, the deposit insurance institution can provide financial assistance to them or pay some or all of their deposits to their depositors.

Since it was first put forward in 1993, the deposit insurance system has been brewing for 21 years, and the voice has been very loud. In the third Plenary Session of the 18th CPC Central Committee and 2014, the Chinese government's work report clearly put forward the "deposit insurance system".

"The draft will be published soon." People close to the central bank told reporters in Nandu that the progress of the draft should be seen when the time comes. Guo Tianyong, a professor at the school of finance, Central University of Finance and Economics, who participated in the discussion of several rounds of draft discussions, said that the recent departments concerned did meet again to discuss the draft for soliciting comments. The preparation for the deposit insurance system has been relatively complete, and the framework of the deposit insurance system is relatively mature, and the possibility of short-term introduction is very large. "(micro-blog)"

People who participated in the discussion said to reporters in Nandu that compared with last year and many meetings this year, the relevant departments of the conference have already prepared enough for the deposit insurance system, and the consensus has been basically reached.

Over 500 thousand or no compensation.

Full deposit protection or limit protection, and how to determine the coverage and rate of deposit insurance system has been controversial.

People close to the regulation told reporters in Nandu that the deposit insurance system will adopt a quota protection mode in the light of the current market discussion. At present, the market concentrates on the upper limit of the deposit insurance system. The most concentrated one is 500 thousand yuan. That is to say, if the bank fails, the depositors will deposit in the savings of each bank, and the insured deposit will be up to 500 thousand yuan. More than 500 thousand yuan may not be paid or paid in a certain proportion.

Guo Tianyong said in an interview with Nandu reporters that the draft of the 500 thousand yuan guarantee is almost the same as the current draft. According to the relevant data, the deposit limit of 500 thousand yuan will cover 98% of the total deposits of depositors.

Guo Tianyong also revealed that the rates charged by banks will be differentiated according to the steady situation and risks of commercial banks. A bank correspondent pointed out to the Nandu reporters that the risk of the big state-owned banks is relatively low, and the rate is expected to be relatively low.

"For banks, the increase in deposit costs and how to transfer them will increase the financing cost of enterprises." A governor of Guangdong branch of a state-owned bank said that the impact of the deposit insurance system on society needs to be observed.

　　 give counsel

Public deposits should be decentralized and "mixed up".

Attention should be paid to the quality and risk of bank assets.

The vice president of the south of the Five Ridges College of the Chinese University and the director of the finance department said that after the introduction of the deposit insurance system, there will be some side effects in the market. Banks that are more risk-taking are willing to provide higher interest rates to absorb deposits, while prudent banks will be eliminated by the market. Banks are rarely supervised by depositors, so they deploy large amounts of credit assets in high-risk investments to obtain high returns. Once the economy fluctuates, these high-risk industries can easily evolve into a large number of non-performing loans, leading to the financial system in crisis. Many bankers also believe that whether the deposit insurance system can break the current deposit system of the government depends on the government's determination.

For banks, after the deposit insurance system is launched, the move of deposits will inevitably be unavoidable. The army believes that, compared with small and medium-sized banks, the possibility of big bankruptcy is smaller and will become the choice of most depositors with more than 500 thousand yuan. However, Guo Tianyong believes that the introduction of the deposit insurance system will enable small and medium-sized banks to absorb more deposits. The president of a Guangzhou branch of a stock bank told reporters in Nandu that with the advance of interest rate liberalization, the attraction of deposits can not rely solely on high interest rates.

What should depositors do after the introduction of the deposit system? There are bankers who suggest that banks will no longer be absolutely safe harbors. In line with the 500 thousand guarantee ceiling, people should put eggs in different baskets in the future. In addition, the public should pay special attention to the fact that financial products are not deposits, and the funds for purchasing financial products are not within the scope of protection. The army pointed out that people should pay more attention to the quality and risk of banks when choosing deposits, so as to avoid the existence of banks that may be bankrupt. However, he also pointed out that in the short term, the probability of bank failure is not high.

Deposit insurance system memorabilia

In 1993, the decision of the State Council on Reform of the financial system put forward the establishment of a deposit insurance system / Fund for the first time.

In 1997, the central bank set up a deposit insurance research group to conduct a theoretical study of the deposit insurance system.

In 2004, the deposit insurance Department of the central bank financial stability Bureau launched the "deposit insurance Ordinance" at the end of the year.

In 2005, the Financial Stability Bureau disclosed that the initial plan of our deposit insurance system was released and was approved by the State Council in principle.

In 2008, the two governments' work report put forward: "deposit insurance system" will be set up this year (after the financial crisis is shelved).

In September 2009, the central bank reported the deposit insurance scheme for the second time. The CBRC held reservations on the timing of the introduction of the deposit insurance system on the grounds that the rural credit cooperatives are still in the process of deepening reform and may be greatly affected.

At the end of 2010, the central bank reported the deposit insurance scheme for the third time. The decision making authorities felt that the time was not ripe and had not been approved.

In July 2012, the central bank said in the 2012 financial stability report that the time for the introduction of deposit insurance system has basically matured.

In the third Plenary Session of the 18th CPC Central Committee November 2013, it was decided to set up a deposit insurance system.

On March 2014, Premier Li Keqiang of the State Council, in the opening session of the second session of the Twelfth National People's Congress, explicitly set the "deposit insurance system" into the key work in 2014.

In March 31, 2014, the central bank people said: "the deposit insurance Ordinance has been drafted by the central bank, and the relevant procedures have been completed, and will be launched in due course."

Noun interpretation

The so-called deposit insurance system is Bank Paying premiums to the deposit insurance institutions at a certain rate. If a business crisis or bankruptcy occurs, the deposit insurance institution may provide financial assistance to them or pay some or all of their deposits to their depositors.