China News Service, July 29 (Zhongxin Finance and Economics Gong Hongyu) Recently, the risk incident of Henan Rural Bank has caused social attention and discussion.
The Political Bureau of the CPC Central Committee held a meeting on July 28.
The meeting pointed out that it is necessary to maintain the overall stability of the financial market, properly resolve the risks of some local village banks, and severely crack down on financial crimes.
The risk of rural banks should not be underestimated
Why is the "risk of local village banks" mentioned by the Political Bureau of the CPC Central Committee?
Dong Ximiao, chief researcher of China Merchants Union Finance and part-time researcher of Fudan University Financial Research Institute, said that after a period of rapid development of my country's financial industry, certain financial risks have been generated and accumulated.
In the global economic downturn, superimposed on the impact of the new crown pneumonia epidemic, risks in some regions and industries are further concentrated, and real economic risks are accelerated to the financial industry, and a few financial institutions have deteriorated into high-risk institutions.
Although the number of high-risk institutions has declined in recent years, judging from the problems recently exposed by some rural banks in Henan, Anhui and other places, rural credit institutions (rural commercial banks, rural credit cooperatives, rural cooperative banks) and rural banks are the mainstays. The explicit and implicit risks of high-risk banking financial institutions should not be underestimated.
Taking various measures to actively and steadily promote risk resolution of high-risk financial institutions has become an important task to prevent and resolve major financial risks.
How to prevent and defuse the risks of rural banks?
Dong Ximiao pointed out that rural banks have the dual characteristics of commercial and policy.
More policy support should be given, including differentiated tax policies, deposit reserve ratios, etc.
The implementation of investment management-oriented village banks and the "multi-county-one-in-one" system should be accelerated, especially the establishment of investment management-oriented village banks, so as to better enhance the large-scale operation and risk resistance capabilities of village banks.
Certain incentives should be given to urban commercial banks and rural commercial banks that have strong willingness to invest in the development of village and township banks, take measures in place, and have achieved remarkable results.
"The next step should be to further clarify the legal status of village banks, implement differentiated supervision policies for village banks, appropriately reduce the compliance costs of village banks, and encourage them to take advantage of the characteristics of small legal person institutions such as flatness, flexibility, and 'matching households' to serve 'agriculture, rural areas and farmers'. It will play an active role in and small and micro enterprises, enrich the rural financial market, and boost the rural revitalization strategy." Dong Ximiao said.
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