It is understood that at present, there are six city commercial banks in Shanxi Province. Except for Jinshang bank, which has a scale of more than 200 billion yuan, the assets of other banks are relatively small, some even less than 50 billion yuan.
Industry insiders believe that in terms of the practical significance of the reform and reorganization of small and medium-sized banks, in the face of economic downward pressure and the impact of the epidemic, the development of small and medium-sized banks is facing greater challenges, and it is necessary to keep warm together, and the number of cases of merger and reorganization may increase in the future.
5 city commercial banks or reorganization and merger
From August 8 to now, four City Commercial Banks in Shanxi Province have issued notices to hold the extraordinary general meeting of shareholders. Their motions all involve an important topic -- the motion of participating in merger and reorganization or new merger.
On August 8, the official website of Jincheng bank issued the notice on convening the extraordinary general meeting of shareholders. The board of directors of Jincheng bank is scheduled to hold an interim general meeting of shareholders on August 24 in the meeting room on the 11th floor of the bank to deliberate on the proposal of participating in the merger and reorganization, and the directors, supervisors, senior executives and relevant shareholders attended the meeting.
After Jincheng bank and Jinzhong bank, Yangquan City Commercial Bank and Changzhi bank also issued a notice to hold an interim general meeting of shareholders. However, the meeting topics of these two smaller banks were slightly different from those of Jincheng bank and Jinzhong bank. The topic of the two banks was not to participate in merger and reorganization, but to consider the proposal of participating in new merger.
This is the unified arrangement in Shanxi Province. At present, the specific new merger plan has not been seen. Changzhi bank director of the office said to reporters.
The reporter asked other banks to get similar answers, that is, the merger and reorganization of the above four banks came from the level of Shanxi provincial government. The director of a bank also disclosed that the merger and reorganization according to the provincial requirements, in addition to Jincheng bank, Jinzhong bank, Yangquan City Commercial Bank and Changzhi bank, also included Datong bank, which belongs to the unified arrangement within the Shanxi provincial government u3002
The newly established bank may become a new provincial city commercial bank, and its name may be Bank of Shanxi. Shanxi a city commercial bank director of the office said to the Securities Times reporter.
More cases of group heating
Different from the regulatory authorities leading the disposal of high-risk financial institutions, it may become a more common model to promote reform and enhance the ability to resist risks through market-oriented means of merger and reorganization. Dong ximiao, chief researcher of Zhaolian finance, told reporters that many banks have merged to enhance their scale, form scale effect and enhance their ability to resist risks.
Dong ximiao said that there have been many provincial city commercial banks, such as Bank of Jiangsu, Bank of Jiangxi, Bank of Gansu and so on. The new provincial-level city commercial banks are different from those in the previous two years. Before that, they were bigger and stronger and gave better play to scale economy. Since this year, the main purpose of seeking the merger of urban commercial banks and rural commercial banks is to keep warm together, and to be bigger and stronger is secondary. Under the current economic downturn pressure and the impact of the epidemic situation, the survival and development of small and medium-sized banks are facing greater challenges, and it is difficult for small-scale banks to survive. Group heating has become a more realistic choice.