Up to now, there are more than 4000 small and medium-sized banks in China, and the total assets account for about 1 / 4 of the whole banking system. Since last year, the financial commission of the State Council, the central bank and the China Banking and Insurance Regulatory Commission have stressed the importance of capital replenishment for small and medium-sized banks at various meetings.
On April 3, at a press conference held by the State Councils joint prevention and control mechanism, Zhou Liang, vice chairman of the China Banking and Insurance Regulatory Commission, made it clear that he supported local governments to inject capital and realizable assets into some high-risk small and medium-sized banks, or replenish capital for small and medium-sized banks through capital injection by state-owned capital operating companies. At the same time, we also welcome qualified and powerful private enterprises and foreign institutions to participate in the reform and reorganization of small and medium-sized banks.
Zeng Gang, deputy director of the national finance and development laboratory, said in an interview with surging news that from last year to this year, many local state-owned assets have invested in small and medium-sized banks, which are related to the strengthening and improvement of regulatory policies. Since 2017, the China Banking Regulatory Commission (CBRC) has focused on the regulation of equity management of banks and the strengthening of corporate governance supervision as the focus of governance of financial chaos.
There was a time when the proportion of private capital in small and medium-sized banks was very high, which also reflected the optimization of bank equity structure and governance structure. However, in this process, due to the lack of supervision and supervision system, the risk of corporate governance level is caused. In the absence of supervision, excessive abuse of power by large shareholders has brought about very systematic problems for banks. Zeng Gang said.
In addition to the continuous improvement of supervision, the local state-owned assets can be smoothly accepted. Zeng Gang thinks that it is also related to the advantages of the state-owned capital. On the one hand, local state-owned assets meet the regulatory requirements and do not attach much importance to short-term earnings. In order to support local economic development, they are willing to further enrich the capital of banks; on the other hand, due to their own operational problems, private enterprises that want to withdraw will not be able to increase capital in banks in the future, which will restrict the development space of banks.
An executive of an agricultural commercial bank in East China also told the surging news: as a local government, using its state-owned enterprises to invest in local banks is happy to see its success. First, the income is guaranteed; second, it can guide banks to increase investment in local areas, especially the projects supported by the government. As a local bank, the introduction of appropriate state-owned assets is helpful to its integration into local development, especially to increase the financial and state-owned enterprise deposits. .