The CBRC said that the presidium should apply for preparatory matters in strict accordance with relevant laws and regulations, and the preparatory work should be carried out within six months from the effective date of examination and approval. Accept the specific supervision and guidance of Shanxi Banking Insurance Regulatory Bureau during the preparation period. After the preparatory work is carried out, an application for opening business shall be submitted to Shanxi Banking Insurance Supervision Branch in accordance with relevant requirements and procedures.
On March 3 1 day, Changzhi Bank, Jinzhong Bank, Jincheng Bank, Datong Bank and Yangquan City Commercial Bank released information in their respective official website on the same day, saying that the shareholders' meeting and the first shareholders' meeting of Shanxi Financial Institutions Limited Liability Company were scheduled to be held on April 1 day, and the resolution "Proposal on" and other 65,438 were passed on the same day.
In August last year, five city commercial banks in Shanxi Province reformed and innovated their assets, and Jincheng Bank, Datong Bank, Changzhi Bank, Jinzhong Bank and Shuozhou City Commercial Bank will be merged into Shanxi financial institutions. According to the information released by China Bond Network from June 5438 to February 2020, Shanxi Provincial Party Committee will sell153 billion yuan of special bonds suitable for the reform and development of city commercial banks, and indirectly introduce them to new city commercial banks according to Shanxi Investment and Financing Management Investment Holding Co., Ltd. to fill its own funds. After the listing of assets, the total assets of Shanxi financial institutions are about 2902.1800 million yuan.
Changes of Commercial Banks Since 1995, the General Office of the State Council decided to set up urban commercial banks with regional joint-stock cooperative system in large and medium-sized cities. From the early 1980s to the 1990s, the development trend of urban rural credit cooperatives in various provinces in China has reached 5,000. As we all know, with the development trend of China's futures market, urban rural credit cooperatives gradually show many problems in risk management and control during the whole development trend. Many urban rural credit cooperatives have gradually transformed into urban commercial banks.
Datong Bank, formerly known as Datong City Commercial Bank, was established on 200 1. 2065438+In July 2004, with the permission of China Commercial Bank Supervision Association, it was upgraded and renamed Datong Bank.
Changzhi Bank, formerly known as Changzhi City Commercial Bank (Changzhi City Rural Credit Cooperative), first appeared in 1984. In September 2002, it became a single legal representative association. On February 10, 2005, Changzhi City Commercial Bank was approved by China Commercial Bank Supervision Association. 2014 65438+1October 27th, Changzhi City Commercial Bank was upgraded and renamed as Changzhi Bank.
Jincheng Bank, formerly known as Jincheng Commercial Bank, was approved by Shanxi Supervision Bureau of China Banking Regulatory Commission on February 27th, 2005, and changed its name to 20 1 1 on April 8th.
The financial institutions participating in the joint venture, among the five financial institutions participating in the joint venture, Jincheng Bank's total assets are relatively large, reaching 83.7 billion yuan as of the end of September last year; Jinzhong Bank ranked second with total assets of 79.3 billion yuan; The total assets of Datong Bank, Changzhi Bank and Yangquan City Commercial Bank are all around 45 billion yuan.
Judging from the published data and information, the operating performance of these five city commercial banks generally declined last year. Among them, in the first three quarters of 2020, Jincheng Bank completed its main business income of 654.38+63.5 million yuan, down by 25. 17% compared with the same period, and its net profit was 654.38+66 million yuan, down by 65.23% compared with the same period. By the end of September of the same year, the loan-to-deposit ratio of Jincheng Bank was 3.79%, up 65,438+0.69 points from last year, and the provision ratio was 65,438+032.94%, which fell below the control red bar.
In the first three quarters of last year, the net profit of Jinzhong Bank and Changzhi Bank both fell by more than 50% year-on-year. Datong Bank only released the data of last year's semi-annual report. In the first half of last year, the bank only achieved a net profit of 35 million yuan, down 7.6 17% year-on-year. Shuozhou Trading Company has not released the 20 19 annual report so far.
In August 2020, the financial institutions in the above situation announced their participation in "joint asset restructuring" or "new joint venture", and the information that Shanxi Provincial Party Committee plans to build financial institutions in Shanxi also came at this time. In the same year, 65438+February and 65438+May, Shanxi financial institutions ran the recruitment plan. In this recruitment announcement, the Planning and Research Group of Shanxi Financial Institutions announced that "when it was established, the total assets of (the Bank) were nearly 300 billion yuan, ranking more than 30 in the national 130 city commercial banks".
This scale of operation is very similar to that of Jinshang Bank, the only listed bank in Shanxi Province at this stage, and may even be slightly better. According to the annual report of Jinshang Bank, by the end of 2020, the bank's total assets were 270.944 billion yuan.
Compared with large and medium-sized commercial banks, city commercial banks have low credit rating, relatively weak asset filling ability and rising capital cost. In the past, city commercial banks have been struggling with the extensive development model of asset consumption, and most commercial banks can only survive with the help of government departments. Finally, enterprise merger and asset reorganization are their only development direction.