What is a Non Bank Financial Institution? Are joint stock financial institutions non banks?

Non-bank financial institutions are financial institutions that raise funds in the form of issuing ** bonds, accepting credit entrustment, providing insurance, etc., and use the raised funds for long-term investment. Including trust companies, enterprise group finance companies, financial leasing companies, auto finance companies, money brokerage companies, representative offices of overseas non-bank financial institutions in China and other institutions approved by the CBRC. Joint-stock financial institutions include joint-stock banks and joint-stock non-bank financial institutions, and cannot be equated with non-bank institutions.

There is a term for financial bonds, but there has never been a formal definition of financial **, and you must have mistaken the name. Financial bonds are bonds issued by banks and non-bank financial institutions. If you have to define finance, finance can only be a general term that includes bonds, bonds, etc., including bonds, treasury bonds, financial bonds, corporate bonds, etc.

Personally, I think that finance also includes currencies, such as bills of exchange, promissory notes, and checks. And the **value** mentioned in the qualification examination book generally refers to the capital**. If the ** issued by a joint-stock financial institution is defined as finance, it is easy to be confused with monetary **.

It is classified as a company because the joint-stock financial institutions belong to the shares, and in China, only the shares can be issued. It's just my personal opinion! Hope it opens your mind.

Non-bank financial institutions are all financial institutions except commercial banks and specialized banks. It mainly includes trusts, insurance, financial leasing and other institutions, as well as financial companies. Non-depository financial institutions include financial holding companies, public offerings, pensions, insurance companies, companies, etc., microfinance companies, etc.

Further information: Non-bank financial institutions refer to those established with the approval of the People's Bank of China, usually including pawnshops, guarantee companies, microfinance companies, etc. This type of institution has flexible lending and convenient procedures, which meets the requirements of rapid financing of small and medium-sized enterprises.

Measures for the Implementation of Administrative Licensing Items for Non-bank Financial Institutions:

These measures are formulated in accordance with the Banking Supervision Law of the People's Republic of China, the Administrative Licensing Law of the People's Republic of China and other laws, regulations and relevant decisions of the People's Republic of China in order to standardize the implementation of administrative licensing of non-bank financial institutions by the China Banking Regulatory Commission (hereinafter referred to as the CBRC) and its dispatched agencies, clarify the administrative licensing items, conditions, applicable operating procedures and time limits, and protect the legitimate rights and interests of applicants.

The term "non-bank financial institutions" as used in these Measures includes trust companies, enterprise group finance companies, financial leasing companies, auto finance companies, money brokerage companies, representative offices of overseas non-bank financial institutions in China, and other institutions established with the approval of the CBRC.

The CBRC and its dispatched agencies shall implement administrative licensing for non-bank financial institutions in accordance with these Measures and the Provisions on the Implementation Procedures for Administrative Licensing of the China Banking Regulatory Commission.

Non-bank financial institutions are subject to administrative approval from the CBRC and its dispatched agencies for the following matters: establishment of institutions, change of institutions, termination of institutions, adjustment of business scope and increase of business varieties, qualifications of directors and senior management, etc.

The difference between non-bank financial institutions and banks is that the form of credit business is different, and the division of the scope of their business activities depends on the provisions of national financial laws and regulations. The role of non-bank financial institutions in the process of social capital flows is to buy primary ** from the ultimate borrower and issue indirect bonds for the ultimate lender to hold assets.

Through this intermediary activity of non-bank financial institutions, the unit cost of investment can be reduced; Investment risk can be mitigated through diversification, and the term structure can be adjusted to minimize the possibility of a liquidity crisis; In the case of repayment requirements, even with relatively small liquid asset structures, it can be handled easily.

Non-bank financial institutions attract countless creditors and debtors to engage in large-scale lending activities, which can be distributed to debtors in the form of preferential loan terms, interest payments and other interest payments to creditors, and generous dividends to shareholders to attract more capital. China's non-bank financial institutions mainly take the form of trust and investment companies, leasing companies and insurance companies.

There are three main parts of financial institutions: banks, ** and insurance, and of course, there are others, such as financial companies. From a theoretical point of view, the biggest difference between banks and other non-bank financial institutions:

The ability of non-bank financial institutions to create credit is much lower than that of banks. From a business point of view, non-bank financial institutions do not take deposits as their main funding**, but absorb funds in some way and use them in some way and profit from them. Including insurance companies, credit cooperatives, consumer credit institutions, trust companies, ** companies, leasing companies, finance companies, etc.

They are a very important part of the entire financial institution system, and their development status is one of the important indicators to measure the maturity of a country's financial institution system.

Someone asked the same question:

I found some points from the book, typed them up, and you can take a look.

1.Banking financial institutions.

Article 2 of the Banking Supervision Law stipulates that: "The banking financial institutions mentioned in this Law refer to commercial banks, urban credit cooperatives, rural credit cooperatives and other financial institutions established within the territory of the People's Republic of China that absorb deposits from the public, as well as policy banks. ”

2.Non-bank financial institutions.

The non-bank financial institutions supervised by the CBRC include financial asset management companies, trust companies, enterprise group finance companies, financial leasing companies, auto finance companies, and monetary economic companies.

In addition to the above-mentioned non-bank financial institutions supervised by the China Banking Regulatory Commission, the non-bank financial institutions supervised by the China Banking Regulatory Commission include ** companies, ** management companies, ** brokerage companies and ** investment consulting institutions. The non-bank financial institutions regulated by the China Insurance Regulatory Commission include property insurance companies, life insurance companies, reinsurance companies, insurance intermediaries and insurance asset management companies.

Non-bank financial institutions include public offerings**, private equity**, financial companies, trust investment and investment institutions, ** institutions, cooperative financial institutions, insurance institutions, financial leasing institutions and other institutions. Non-bank financial institutions refer to other financial institutions excluding ** banks, commercial banks and commercial banks, which shall be approved by the People's Bank of China, the China Securities Regulatory Commission and the China Banking Regulatory Commission.

Difference Between Non-Bank Financial Institutions and Banks.

1. Different forms of credit business: non-bank financial institutions raise funds in the form of issuance, bonds, insurance, trusts, etc., and the funds raised are used for long-term investment; Banks are mainly engaged in money and credit business. When the general commodity-money economy develops to a stage where it is grinding down, banks will be created.

2. Different functions: non-bank financial institutions carry out intermediary activities in the process of social capital flow, which can reduce the capital cost of the investment unit and reduce the investment risk; Banks mainly promote the integration and mobilization of social capital.

Banks and non-bank financial institutions differ in their commercial roles and forms of credit business.

1. The role of business is different.

Banks are financial institutions established in accordance with the law to engage in monetary and credit business, and are the products of the development of the commodity and monetary economy to a certain stage. Non-bank financial institutions are financial institutions that raise funds in the form of issuing ** and bonds, accepting credit entrustment, providing insurance, etc., and use the funds raised for long-term investment.

2. The types of institutions included are different.

Banks include ** banks, policy banks, commercial banks, investment banks, and the World Bank, all of which have different responsibilities.

Non-bank financial institutions include public offerings, private placements, trusts, insurance, financial leasing and other institutions and financial companies, and non-depository financial institutions include financial holding companies, public offerings, pensions, insurance companies, companies, etc., microfinance companies, etc.