[Abstract] the national two sessions are in full swing, and any wind blowing on the subject of reform will affect the hearts of the whole nation. Yesterday, the deputy governor of the central bank, pan gongsheng, suggested in his proposal that the pilot conditions for private Banks are basically in place and that pilot work should be started as soon as possible.
It is reported that the first batch of 3-5 pilot private banking licences are expected to be issued after the two sessions. As the top priority of China's financial reform, the private bank issued the brand news or reignited the market nerve.
In the existing banking system, the joint-stock bank and the city commercial bank have the participation of the private capital, but the bank that has been set up by the private capital has not yet appeared.
18 the third plenary session of "decision" clear requirements, expanding financial industry internal opening to the outside world, under the premise that more regulation, allowing qualified private capital in accordance with the established small and medium-sized Banks and other financial institutions.
Previously, shang fulin, chairman of the China banking regulatory commission in 2014, the national banking regulation work picturephone meeting has said that private Banks will pilot, one of the first three to five, a PiShe a maturity.
Mr Shang said that the restructuring of private capital to participate in the existing banking financial institutions should give more voice to the investment and introduce a more flexible private mechanism.
Regulation of pilot, private Banks, led by the China banking regulatory commission, the central bank and the state administration for industry and commerce to participate in the drafting, revised and submitted to the state council legislative affairs office and the state council for deliberation, will eventually enacted. People familiar with the matter said the pilot bill had been submitted to the state council for final approval, which could be announced in March.
In fact, zhejiang, anhui and other provinces are actively bidding for private Banks. In the stock market, the private Banks have also become a hot market. Zhejiang province, which has developed a private economy, is striving to make wenzhou the first batch of private Banks. As early as last August, wenzhou private capital was actively preparing for the first private bank. Alibaba and other well-known enterprises are also expected to be the "leaders" of private Banks in the industry. From well-known e-commerce to high-tech enterprises to food groups, private enterprises have a high enthusiasm for setting up private Banks.
Sources close to the CBRC confirmed the news and said that "the pilot quota for zhejiang province has been given to wenzhou, and once the license plate is opened, the first batch of pilot projects in wenzhou will be confirmed."”
Ping an securities expects that the development of private Banks in China will follow the pace of "first small, first big", "first new set or equity participation, and later stock restructuring". By the end of 2017, the liberalisation of private Banks will remain relatively limited. The total assets of the newly created private Banks should be controlled at $1.5 trillion? 2 trillion yuan (equivalent to the total assets of the banking sector at the end of 2013), accounting for about 1.4% of total banking assets; It is estimated that private Banks will expand lending by 300 billion yuan each year, accounting for about 2.3 percent of new loans.
