Will Shenyang Shengjing Bank fail? Do structured deposits pay for this?

No, the structured deposit security of Shengjing Bank is still very high. Shengjing Bank's structured deposits are protected by bank deposits, and even if the bank fails, it will be compensated. However, it should be noted that the amount of capital preservation and interest protection is 500,000.

If it exceeds 500 thousand, it depends on how much money the bank has left, but the possibility of bank failure is generally very small, and Shengjing Bank is also a well-known bank with a large scale. The possibility of bankruptcy is relatively small, so its security is very high.

Shengjing Bank

Shengjing Bank Co., Ltd. is the earliest and largest headquarters bank in Northeast China. Founded in September, 1997. Its predecessor was Shenyang Commercial Bank. In February 2007, it was renamed Shengjing Bank with the approval of China Banking Regulatory Commission, and realized cross-regional operation. By the end of 20 13, Shengjing Bank had established 18 branches in central cities such as Beijing, Shanghai, Tianjin and Changchun, and Shenyang, Dalian, Yingkou, Anshan, Benxi, Panjin, Huludao, Chaoyang, Fushun and Dandong in Liaoning Province, with more than 200 institutional outlets.

Six Fumin village banks have been established in Baoshan, Jiangbei of Ningbo, Shenbei of Shenyang, Xinmin, Liaozhong and Faku, and they have invested in Dandong, Benxi and other city commercial banks, forming an institutional strategic layout of "rooting in Shenyang, radiating northeast and going to the whole country", and their market competitiveness and regional influence have been continuously improved. According to the Banking Supervision Law:

Commercial banks, rural cooperative banks, rural credit cooperatives and other deposit-taking banking financial institutions established within the territory of China shall participate in deposit insurance in accordance with regulations. "

According to Article 5 of the Regulations on Deposit Insurance, deposit insurance is subject to a limit payment, and the maximum payment limit is RMB 500,000.

Although the insured amount of 500,000 seems small, it has covered 99.67% of the people's deposits in the country. Except for a few very rich people, most depositors can meet the conditions of full payment.

In the past, all banks were wholly owned by the government, which took it for granted. However, with the deepening of financial reform, the ownership structure of banks is increasingly diversified, and purely private banks controlled by private capital will also enter the stage in the future.

In this case, it is obviously unreasonable to continue the idea of planned economy era and regard all taxpayers' money as the basis of banking marketization. We must turn government guarantee into system guarantee, turn government into institution, and establish the exit and guarantee mechanism of banking marketization.

The retail structured deposit business of China Merchants Bank means that individuals deposit legally held RMB funds into our bank, and our bank embeds financial derivative transactions (including but not limited to options, swaps, forwards, etc. On the basis of deposit, the customer's deposit income is linked to specific financial indicators such as exchange rate, precious metal price, interest rate and stock price. , so that depositors (investors) are expected to obtain higher-yield deposits on the basis of taking certain risks.