Beijing, May 22 (Reporter Ouyang Jie) The reporter learned from the China Banking and Insurance Regulatory Commission: Since the beginning of this year, the China Banking and Insurance Regulatory Commission has continued to strengthen and improve the corporate governance supervision of small and medium-sized banks, carry out special rectification of equity and related transactions, and focus on investigating and punishing major shareholders. For equity issues such as nesting and entrusted equity holding, illegal transfer of interests through credit, bonds, discounts and other means, as well as issues such as insider control and manipulation of large shareholders to hollow out institutions, we insist on early identification, early warning, early intervention, and early disposal. Strengthen punishment and accountability.
Small and medium-sized rural banks have stepped up reforms, resolved risks, handled a number of risk points prudently, and kept the bottom line of risks.
Small and medium-sized rural banks have achieved stable development as a whole, with risks under control in general, which strongly supports the development of the real economy.
According to reports, the China Banking and Insurance Regulatory Commission has jointly promoted the disposal of high-risk rural small and medium-sized banks by increasing efforts to dispose of non-performing assets, introducing qualified shareholders, mergers and acquisitions, restructuring and integration, and upgrading to meet standards.
Since 2018, a total of 627 high-risk rural small and medium-sized banks have been disposed of, and non-performing loans of 2.6 trillion yuan have been disposed of, exceeding the sum of the previous 10 years.
In conjunction with the Ministry of Finance, the People's Bank of China and other departments, we innovated measures to supplement the capital of small and medium-sized banks with special local government bonds, and injected 133.4 billion yuan into 289 small and medium-sized rural banks.