To say where people's money is safest, banks are naturally the first choice. It has always been the common sense of most depositors to keep their money in the bank. After all, you can get some interest by putting money in the bank than by putting it in your hand. But one thing needs to be clear, banks are not 100% safe. Because of such a long time, banks have also gone bankrupt.

If the bank that recently closed down is a contractor bank. Baoshang Bank can be regarded as a truly "retired" bank to a certain extent. As early as 20 19, Baoshang Bank was taken over by the relevant departments because of credit risk, until it was later verified that there was a huge insolvency gap. On 20 19, 10, the restructuring of Baoshang Bank was officially launched. In 2020, 10, a new acquirer was determined, and Shang Meng Bank took over the related business, assets and liabilities.

According to the data, Baoshang Bank reduced its secondary capital debt by 6.5 billion yuan, and accumulated interest of 585 million yuan was no longer paid. That is to say, Baoshang Bank can reduce or exempt related debts without the consent of creditors, even the 6.5 billion Tier 2 capital debts cannot be repaid. Therefore, some people call Baoshang Bank the first "default" bank in China.

However, due to the related business of Baoshang Bank being taken over by Shang Meng Bank, the original deposits of depositors in Baoshang Bank are still guaranteed. As for the "takeover" of Bank of Shang Meng, many people may not know it. In fact, Shang Meng Bank was formally established and opened on May 20, 2020. However, the Deposit Insurance Foundation provided financial support to Shang Meng Bank and Shanghui Bank to share the asset impairment losses of the contractor bank.

In other words, Baoshang Bank went bankrupt, but fortunately, the relevant departments took over in time before a large-scale "run" occurred. However, after absorbing the assets of the contractor bank, various businesses of Shang Meng Bank have also developed steadily, and even become the "big winner" behind it.

After all, the number of customers of Baoshang Bank should not be underestimated. According to statistics, Baoshang Bank had 4,667,700 individual customers and 63,600 corporate and peer institution customers when it took over. Thanks to the protection of the deposit insurance fund, the deposits of individual customers have been "fully paid". But in any case, bank bankruptcy is not a trivial matter, and the market is worried about whether the takeover of Mongolian commercial banks will affect the mood of depositors.

Judging from the current data, there seems to be no concern in this regard. Because the number of customers of Shang Meng Bank has not decreased, but has increased rapidly. In other words, although the bank may go bankrupt, the probability is very low. As long as the depositor recognizes the "deposit insurance" logo, the deposit is equivalent to a "lock".

It is precisely because of this that since the beginning of this year, major banks have posted signs of "deposit insurance" at their doorsteps, including the counters that handle business, so as to reassure depositors. Don't choose that kind of informal bank for a little interest, and the principal may be difficult to pay then. As long as you look for the logo when you deposit, no matter what happens to the bank, at least the funds can be "paid" in full.