How can a bank fail? Will the bank fail

Just like in the United States, you took out a loan to spend money and then you repaid the loan, and after a long time, there was a financial crisis, and the banks collapsed.

The five major banks that China does not allow to fail "the five major banks that China does not allow to fail" should be one of the six major state-owned banks, namely the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China, the China Construction Bank, the Bank of Communications, and the Postal Savings Bank of China.

Please click to enter a description (up to 18 words).

Of all banking institutions, the bank that is unlikely to fail is the People's Bank of China.

According to the "Commercial Bank Law of the People's Republic of China", if a commercial bank fails to pay its due debts, the people's court shall declare it bankrupt in accordance with the law with the consent of the banking regulatory authority.

At present, only the People's Bank of China, that is, the central bank, is not a commercial bank, it belongs to the most important constituent department, and will not go bankrupt. Other banks will have the possibility of failure and bankruptcy, but in terms of the importance and scale of banks, the banks that generally do not fail are naturally large state-owned banks.

No. 1 in the ranking of the top 10 safest banks in China [Digital Banking]: Industrial and Commercial Bank of China.

Second place: China Construction Bank.

Third place: Agricultural Bank of China.

Fourth place: Bank of China.

Fifth place: China Merchants Bank.

Sixth place: Postal Savings Bank.

No. 7: Bank of Communications.

8th place: China CITIC Bank.

No. 9: Shanghai Pudong Development Bank.

No. 10: China Everbright Bank.

Banks can also go bankrupt.

Banks are joint-stock companies, and if they fail, they will be liquidated. The money deposited by depositors in the bank is a liability of the bank, and the loans issued by the bank are assets. When a bank fails, that is, the company goes bankrupt, it naturally has to be liquidated. The risk of bank failure exists, but it is low.

Theoretically, China's banks will also fail, but China has relative support and takeover measures for banks that are about to fail, so the probability of bank bankruptcy is very, very low. For Chinese banks, receivership and bankruptcy are similar concepts, because when a bank is on the verge of bankruptcy, China** will entrust a state-owned bank to take over the bank that is about to fail.

The role of bank cards.

Consume. Cardholders can make purchases or pay labor fees at special merchants according to the scope of use and methods specified by the issuing bank, usually by presenting the bank card and entering the reserved password, or presenting the identity document, which can be used instead of cash. Deposits, withdrawals, and exchanges.

Cardholders can use bank cards to make deposits, withdrawals (including non-local and inter-bank withdrawals) and remittances.

Overdraft. Credit card holders can also apply for a certain amount of credit overdraft. Use of unit cards.

Cash deposits and withdrawals are not allowed on the corporate card, and all funds in the corporate card are transferred and deposited from the basic account. The unit card can handle the settlement of commodity transactions and labor payments, but it is not allowed to overdraw. <>

According to the provisions of China's enterprise bankruptcy law, banks are also commercial enterprises, and banks are indeed allowed to fail, and they will also abide by the law of survival of the fittest and survival of the fittest.

Because the bankruptcy and collapse of a bank has already involved the people's livelihood, in order to protect the interests of the people, even if the bank fails, it must go through the procedures of the relevant state regulations, and it is not allowed to ignore the people's livelihood and say that it will go bankrupt.

Since China's relevant laws and regulations allow banks to go bankrupt and fail, many people will have a worry in their hearts, worried that banks will go bankrupt and fail, and the money deposited in the bank will not be safe.

In view of the safety of bank deposits, as well as the bankruptcy and collapse of banks, China will make a good deal of it, even if the bank goes bankrupt and collapses, everyone is 100% safe within 500,000 yuan of the deposit bank, and more than 500,000 yuan will be compensated according to a certain percentage, but the overall is still safe, so everyone is not worried.

Extended information: In China, it refers to the central bank, regulatory agencies, self-regulatory organizations, as well as commercial banks, urban credit cooperatives, rural credit cooperatives and other financial institutions, non-bank financial institutions and policy banks established within the territory of the People's Republic of China to absorb deposits from the public.

Banks are the main body of the modern financial industry and the hub of the national economy.

There is a wide variety of banking structures and forms of organization in modern capitalist countries.

According to its functions, it is divided into: ** banks, commercial banks, investment banks, savings banks and various professional credit institutions.

A modern capitalist national banking system has been basically formed, with first-class banks as the center, joint-stock commercial banks as the main body, and various types of banks coexisting.

After the founding of the People's Republic of China, after several reforms, a banking system has been formed with first-class banks, banking regulators, policy banks, commercial banks and other financial institutions as the main body.

The central bank is China's leading bank, and under the leadership of CSG, the central bank formulates and implements monetary policy, prevents and resolves financial risks, maintains financial stability, and provides financial services;

The China Banking Regulatory Commission (CBRC) is the banking regulator responsible for the supervision of banking financial institutions.

A policy bank is an institution that initiates and invests in the establishment of the first to carry out financing and credit activities in order to implement and cooperate with the specific economic policies and intentions;

Commercial banks generally refer to profit-making institutions that absorb deposits, issue loans, and engage in other intermediary businesses, including wholly state-owned commercial banks, joint-stock commercial banks, and city commercial banks, as well as housing savings banks, foreign-funded banks, and joint venture banks.

Other financial institutions include: credit unions, financial asset management companies, trust and investment companies, finance companies, leasing companies, etc.

Yes, the state will no longer cover the deposits of depositors in commercial banks, and allow banks to go bankrupt and fail, and once a bank goes bankrupt, the depositors' deposits will be compensated by the deposit insurance institution, but the compensation is limited. All banks are allowed to declare bankrupt by the people's court in accordance with the law with the consent of the banking regulatory authority after meeting the bankruptcy conditions.

Article 7 of the Company Law The debtor may apply to the people's court for reorganization, reconciliation or bankruptcy liquidation under the circumstances provided for in Article 2 of this Law. If the debtor is unable to pay off the debts due, the creditor may apply to the people's court for reorganization or bankruptcy liquidation of the debtor. If an enterprise legal person has been dissolved but has not been liquidated or has not been liquidated, and its assets are insufficient to pay off its debts, the person who bears the responsibility for liquidation in accordance with the law shall apply to the people's court for bankruptcy liquidation.

Theoretically, banks can fail, but in practice no bank fails.

First, we have our own solutions to banks that are struggling to operate. In the past, China adopted the method of support and takeover of banks that were in difficulty. For systemically important banks, such as the four major banks and rural credit cooperatives, when they are in difficulty, they will inject capital to solve the difficulties and make it impossible for them to fail.

The takeover method has only been used twice. In 1998, Haizhu Zhennan Development Bank was handed over to ICBC to take over. The other is that Baoshang Bank was taken over last month.

A takeover is also theoretically a kind of bankruptcy.

Second, because we do not have a set of laws, regulations and supporting measures for bank bankruptcy, we cannot go bankrupt because of the thickness of the jujube mu. Taking over and filling the pit is not a good way to market it, but we have no choice. The savings rate of residents in our country is very high, especially for some rural people, whose savings are their main asset, and if the banks are allowed to fail, countless depositors will fall into crisis and cause social chaos.

In recent years, the state is supporting the corresponding regulations, such as the introduction of deposit insurance regulations in 2015, all banks are now paying deposit insurance, if the bank goes bankrupt in the future and cannot pay the deposit, the insurance company can ensure that the deposit within 500,000 yuan is fully taken back Nahuai, which is preparing for the "free" bankruptcy of the bank in the future.

Third, because in the past, China's banks were all state-owned, including not only the five major state-owned banks, even if there were no shares, the banks were also managed beyond shares. All urban commercial banks, rural commercial banks, and rural credit cooperatives, although they do not have many state-owned shares, are the actual controllers. The same is true for joint-stock banks, although Shanghai ** does not hold many shares, and the top management of Shanghai Pudong Development Bank was appointed by the Organization Department of the Shanghai Municipal Party Committee in the past.

Minsheng Bank used to be the only bank initiated by private capital, but a few years ago, because of the holiday shopping card, it was warned by the Commission for Discipline Inspection according to the state-owned enterprises, and the leadership of Minsheng Bank is still the head of the party committee. The state actually controls the bank, and also endorses the credit of the bank, and the people also believe that as long as the bank has a problem, it will be solved, because the bank is the first. Even if there are no shares of rural commercial banks and joint-stock banks, problems are solved by the first generation, such as the rural credit cooperatives and urban credit cooperatives in the past, the local government has solved a large amount of funds for them to help restructuring.

Banks are commercial enterprises that are self-financed.

If the management is not good and the assets are insolvent, it can be bankrupt and liquidated, and it can go bankrupt.

Banks are self-financed.

If the management is not good and the assets are insolvent, it can be bankrupt and liquidated, and it can go bankrupt.