Today, three banks in China have declared bankruptcy.

On August 6th, 22, the central bank announced that Baoshang Bank would go through bankruptcy liquidation, which should be the third bank in China. The first is Hainan Development Bank, and the second is Shangcun Rural Credit Cooperative in Suning County, Hebei Province. Since April 3th, ICBC has taken over all assets and debts of Baoshang Bank. Personal deposits are fully guaranteed by the deposit insurance fund. Later, China Construction Bank and Huishang Bank established Mengshang Bank to take over the original business of Baoshang Bank.

theoretically, commercial banks are also enterprises, and enterprises can go bankrupt.

according to article 71 of China's Banking Law, if a commercial bank fails to pay its due debts, it will be declared bankrupt by the people's court with the consent of the banking regulatory agency in the State Council. Therefore, bank bankruptcy needs to meet three conditions at the same time: commercial banks are insolvent; The bank supervision department shall review and agree; The people's court declared bankruptcy. Moreover, the current national policy also allows banks to go bankrupt. Now the bank insurance system has also been established, and the bank deposits below 5, can be paid in full, which covers more than 99.5% of the accounts.

However, in China, there are six banks that will never fail!

since December 218, there are six "large state-owned commercial banks" in the list of banks published by China Banking and Insurance Regulatory Commission. They are Industrial and Commercial Bank, China Construction Bank, Agricultural Bank, China Bank, Bank of Communications and Postal Savings Bank. The assets of these six banks all exceed 1 trillion yuan, among which the assets of ICBC, China Construction Bank, Agricultural Bank of China and Bank of China, which rank in the top four, reach 32 trillion yuan, 27 trillion yuan, 26 trillion yuan and 24 trillion yuan respectively, which are the "four big banks" traditionally.

in addition, there are 12 national joint-stock banks that are also very safe!

these 12 national joint-stock commercial banks include China merchants bank, Shanghai Pudong development bank, China citic bank, China everbright bank, Huaxia bank, China Minsheng bank, guangfa bank, industrial bank, ping an bank, hengfeng bank, zheshang bank and Bohai bank. The major shareholder of China Merchants Bank is China Merchants Bank, CITIC Bank is CITIC Group, and Guangfa Bank is China Renshou and Citigroup. If the six major banks are responsible for stability, then these 12 banks are responsible for vitality.