2. Banks such as Industrial and Commercial Bank, Agricultural Bank and China Construction Bank are all large financial enterprises, so there are still large financial enterprises in Hunan.
Extended data:
1. Financial companies (also known as financial companies) are extremely important financial institutions in western countries. Its financing mainly depends on issuing commercial paper in the money market and issuing stocks and bonds in the capital market; They also borrowed money from banks, but the proportion was very small. The collected funds are used to provide loans to consumers and small businesses who buy durable consumer goods and repair houses. Financial companies are divided into three categories: sales finance companies, consumer finance companies and industrial and commercial finance companies. Some financial companies are formed by parent companies to help promote their products. For example, Ford Motor Credit Company, established by Ford Motor Company, provides consumer credit to consumers who buy Ford cars.
Second, credit institutions in western countries that invest and provide long-term funds. It can raise long-term funds by accepting and buying stocks and bonds issued by enterprises, and at the same time issue securities for fund scheduling to support the development of private enterprises. Financial companies have different functions from general long-term investment companies. The former mainly meets the needs of industrial and commercial enterprises for long-term funds, while the latter mainly focuses on small and scattered monetary funds for securities investment.
3. Financial institutions are organizations specializing in financial activities, including central banks, commercial banks, policy banks and other banks and credit cooperatives, trust and investment companies, investment funds, finance companies, securities companies, stock exchanges, insurance companies, etc., which actually form a system. The basic function of financial institutions is to provide tools to create financial transactions and promote the flow of funds among participants in financial activities.
Four, China's financial holding companies have developed rapidly, but some financial holding companies, mainly financial holding companies invested by non-financial enterprises, blindly expand into the financial industry, there is a regulatory vacuum, and risks are constantly accumulating and exposed.
The relevant person in charge of the central bank said that the risks mainly include the following points:
First, the risk isolation mechanism is lacking, and financial risks and industrial risks are cross-transmitted;
Second, some enterprises have complex control or interest relations and strong hidden risks;
Third, there is a lack of overall capital constraints, and some groups as a whole lack real capital to resist risks;
Four, some enterprises improperly interfere with the operation of financial institutions, using related party transactions to conceal the interests of financial institutions and investors.