The use of the word "bank" in the name of ecological resource platforms such as "Liangshan Bank" and "Grain Bank" is suspected of being illegal. Recently, the China Banking and Insurance Regulatory Commission issued the "Risk Warning on the Irregular Use of the Word "Bank", stating that the use of the word "bank" without approval is illegal. The word "bank" is suspected of violating the Law of the People's Republic of China on Commercial Banks.

The China Banking and Insurance Regulatory Commission requires that all localities should rectify and correct the irregular use of the word "bank" in a timely manner.

　　Since a bank is a legally established financial institution operating money and credit business, the word "bank" should be the name of a proprietary institution with financial attributes.

my country's Commercial Banking Law stipulates that without the approval of the People's Bank of China, no unit or individual may engage in commercial banking business such as absorbing public deposits, and any unit may not use the word "bank" in its name.

However, nowadays, platforms and projects that use the word "bank" are not uncommon. In addition to "Liangshan Bank" and "Grain Bank", there are also "Love Bank", "Pension Bank" and "Voluntary Service Bank".

　　The word "bank" is marked, but it is not a financial business, which is undoubtedly misleading to the public.

For example, many people do not understand what "Two Mountains Bank" and "Food Bank" are, and some even mistake them for new banking institutions.

But in fact, the "Liangshan Bank" is based on the concept of "lucid waters and lush mountains are invaluable assets", and creates a market-oriented operation model for ecological resources. Obtain the ecological resource benefit certificate as a "passbook"; the integrated scattered ecological assets use the "bank" as a platform to contact suitable projects and investors, conduct large-scale operations according to modern agricultural standards, and then give dividends to "depositors".

The "grain bank" absorbs the "savings" of surplus grain in the hands of farmers, and "depositors" can withdraw, purchase and discount grain at any time with the "passbook", which is a new type of grain business format.

　　At the same time, the indiscriminate use of the name "bank" may disrupt the order of the financial market.

In my country, banks are financial institutions that are highly trusted by the people.

Using the word "bank" without approval, but operating a non-financial business, is likely to create opportunities for some criminals.

For example, there have been media reports that in recent years, individual enterprises have illegally raised funds from farmers and other social personnel in the name of "food banks", misleading the public under the guise of public welfare, which is highly deceptive and concealed, and causes serious social harm.

　　Only imitating the business model of a bank, but using the word "bank" in a prominent position in the business premises is suspected of violating my country's Commercial Banking Law. It should be rectified in time, and it should be investigated and punished according to the law. According to relevant laws and regulations, the use of "bank" in the name without approval ”, the banking regulatory agency of the State Council shall order it to make corrections; if there is any illegal income, the illegal income shall be confiscated; if the illegal income is more than 50,000 yuan, a fine of not less than one time but not more than five times the illegal income shall be imposed; there is no illegal income or the illegal income is insufficient. If it is 50,000 yuan, a fine of not less than 50,000 yuan but not more than 500,000 yuan shall be imposed...

　　In addition, some local relevant departments use the word "bank" to name certain public projects, and the word "bank" is not used in a standardized manner in documents such as work plans that are issued publicly, and they should also take the lead in investigation and correction.

First, the regulatory authorities should do a good job of interpretation and publicity, combine supervision and law enforcement, and coordinate and promote the clean-up of the use of the word "bank" in accordance with the law; second, relevant departments should consider setting a unified new name for relevant industries and platforms to be regulated.