Are you really afraid to deposit more than 5 thousand in a bank?

why are you so sure? Although the deposit insurance is only 5, yuan, and the maximum compensation for each bank is 5, yuan, China, especially the five major banks, will not go bankrupt. Because it's called: too big to fail.

Now, Alipay has been included in the list of too big to fail.

In fact, the list of the world's too big to fail is updated every year.

For example, in the list of insurance companies that are too big to fail in the world in 216-217, Ping An of China is also among them.

In the 28 financial crisis, Lehman went bankrupt, but AIG received more than $18 billion in aid. In order to avoid the recurrence of the crisis, the G2 established the Financial Stability Board (FSB) in 29.

FSB selects global systemically important institutions not to prevent them from going bankrupt, but to prevent them from going bankrupt, so it has to implement stricter supervision, such as higher capital requirements.

in August, it was learned that the evaluation method for systemically important banks had been reviewed in the near future, and it will be promulgated and implemented.

Being selected as a systemically important financial institution means special regulatory requirements, including additional capital requirements and leverage ratio requirements, so as to enhance its ability of going concern and reduce the possibility of major risks. When a major risk occurs, it can be handled safely, quickly and effectively, ensuring that its key business and services are not interrupted, and at the same time preventing the risk of "too big to fail".

The China version of the list of too big to fail will be published in the near future, which means that the security requirements of financial institutions will be improved more, and the banks that deposit money on the list will have a great probability.

Even small banks, such as Baoshang Bank and Jinzhou Bank, have not been taken over and invested strategically?

so, five lines, just save them. Of course, just don't be fooled by the messy flight orders inside, and don't buy insurance policies or other wealth management products that are not our bank, which will not be guaranteed. Before buying, you must see clearly that deposits are not so complicated. The more complicated things are, the more tricky they are.

speaking of depositing 5, yuan, let alone dare to deposit 5, yuan in a bank. The key is whether there is 5, yuan? According to the data released by the domestic central bank, 99.63% of the residents' savings deposits are below 5, yuan. In other words, less than .4% of people save more than 5, yuan. What do you have to worry about?

In fact, in 215, China promulgated and implemented the Deposit Insurance Regulations, which included general deposits of less than 5, yuan in the scope of protection, because the general level of savings was not very high. At the same time, it also combined the international practice at that time. According to the security level of western developed countries, compensation is basically 3-5 times of their domestic per capita dollar GDP.

You know, in 218, China's per capita dollar GDP has not yet exceeded the $1, mark! Even if last year's per capita dollar GDP is taken as the standard, then our compensation amount has reached nearly seven times, far higher than international practice. In addition, we should not think that this compensation standard is fixed. In fact, it will increase according to the level of China's economic development and the rising income level of ordinary people.

obviously, people with large real assets are unlikely to choose bank deposits alone for allocation. And the vast majority of ordinary people are unlikely to have a bank deposit of 5 thousand yuan.

To tell the truth, the security and liquidity of general bank deposits are directly related to the steady operation of China's banking financial system. As China has one of the highest household savings rates in the world, it is very important to ensure the safety of ordinary people's deposits! Since the reform and opening up 4 years ago, two banking financial institutions have really gone bankrupt, such as Hainan Development Bank, and the others have basically returned to the running track after the regulatory takeover.

It is worth mentioning that on May 24th this year, on the day when Baotou Bank was taken over due to risks, the People's Bank of China was allowed to set up a separate "Deposit Insurance Fund Management Co., Ltd.", which will be responsible for the appropriateness of deposit insurance compensation in the future. This further guarantees the safety of everyone's deposits.

in a word, the government and financial supervision departments in China are increasingly putting in place preventive measures and safeguard measures against bank deposits and liquidity risks. Especially in large state-owned commercial banks, there is almost no risk in deposits, which is trustworthy!

The introduction of deposit insurance regulations is not only conducive to further maintaining the stability of financial order, but also provides institutional guarantee for 99% depositors, and it is also a risk education for the vast number of depositors. Deposits are no longer unlimited, but all of the above are a theory. In reality, do you really dare to deposit more than 5 thousand in a bank? The answer is no, which can be understood from the following aspects.

China's banking financial institutions are generally stable and their risks are controllable. China's banking financial system mainly includes 6 state-owned banks, 12 national joint-stock banks, 134 city commercial banks, 1,43 rural commercial banks, 1,619 village banks, 17 private banks and other financial institutions, with a total of 4,588. Although there are thousands of institutions, since the founding of the People's Republic of China, only in 1998 has Shanghai Development Bank gone bankrupt, but the situation is very special, so I won't explain it in detail here for the time being, and in terms of proportion, it is less than one thousandth. At present, the assets of the six major state-owned banks are at least 1 trillion yuan, and the profits of the four major state-owned banks all exceed 1 billion yuan, accounting for at least half of the country regardless of the scale of deposits or the number of customers.

In p>218, the Financial Stability Board released the SIB list, and nine banks in China entered the list of global systemically important banks, including five state-owned banks in industry, construction, agriculture and communications, and four national joint-stock banks such as Xingye, CITIC, China Merchants and Pudong Development Bank. What is a global systemically important bank? Simply put, it is a financial institution with large scale and high complexity in the global scope, and once a risk event occurs, it will bring impact to the regional or global financial system. Generally speaking, these banks can be called "too big to fail" banks. If these banks dare not deposit more than 5 thousand deposits, it is simply worrying.

However, in the market economy environment, banking financial institutions, as a market entity and a corporate enterprise at their own risk, are inevitably faced with various risks, especially some small and medium-sized banks with small assets and weak profitability. In theory, there are indeed extreme risks, but in fact, the management is also prepared, and the deposit insurance regulations came into being. The implementation of China's deposit insurance regulations is not only the need of social and economic development, but also an international practice, which is relatively mature. At present, it has been implemented in more than 11 countries in the world, and it has been argued and discussed for more than ten years from the gestation to the implementation. The reason why the maximum repayment limit is set at 5, is because according to international practice, it is generally 2-5 times of per capita GDP, while the repayment limit of 5, in China at that time (213) is 12 times of per capita GDP. According to the calculation at that time, 99.63% of depositors can be fully paid, and it is clearly stipulated that this limit can be increased with the further development of the economy. Therefore, with the guarantee of the maximum repayment limit of 5,, most people can deposit with confidence.

regulators are extremely cautious about going through bankruptcy proceedings, because banking institutions involve thousands of households and have a wide influence, which does not meet management expectations. In developed areas and countries of international banking, even if a bank has serious credit risk, it usually adopts merger and reorganization measures instead of directly declaring bankruptcy. The bankruptcy of Haifa in 1998, when we didn't have a supporting legal system, can be said to be an attempt. Now, the deposit insurance regulations have a legal basis.

from the takeover of the contractor to the equity adjustment in Jinzhou, and even the rectification of Hengfeng, we can see what effective measures the supervision has taken to deal with the banking institutions with greater risks, so we don't need to go into details. Under the combined supervision measures, no matter how serious the problem is, it is not easy for banks to go bankrupt, because there are many early warnings and plans before bankruptcy. Take the contractor as an example, after being taken over, the freedom of depositors to withdraw money is completely guaranteed, even if it exceeds 5 thousand, so how can it be lost? Even if it is merged and reorganized, all the creditor's rights and debts (deposits) of the bank will be transferred to the new bank, and the depositors' deposits will be guaranteed, but the owner will change. Therefore, people who dare not deposit 5, yuan in a bank are really worried. Have you noticed that the total assets of private bank customers in China have exceeded 1 trillion, and those millionaires and multimillionaires are not afraid. What are we afraid of?

since the promulgation of the deposit insurance regulations in 215, depositors' deposits in commercial banks have finally been guaranteed by explicit provisions. As long as it is a commercial bank that pays deposit insurance normally, the deposit business handled by depositors at its outlets will be legally guaranteed, with a maximum insurance amount of 5, yuan. However, 5, yuan only refers to the amount unconditionally paid by the deposit insurance institution, and the part of the deposit exceeding 5, yuan will still be paid by the bank, because after the bankruptcy liquidation of the bank, there will still be a large number of assets and loans that can be realized, and this part of the money will also be used to repay the depositors' deposits in the bank first.

of course, the maximum insurance amount of 5, yuan is not set at will, but because more than 99.6% of depositors will not deposit more than 5, yuan in a single bank, which means that less than .4% of depositors in China will deposit more than 5, yuan in a certain bank. For the vast majority of depositors, it is not necessary to think about whether they can handle the deposit business of more than 5, yuan in a single bank.

Even a very rich depositor, the author still thinks that he can handle a large amount of deposit business in the bank, and it doesn't need to be less than 5, yuan. For example, it is impossible for state-owned banks, such as the establishment of diplomatic relations between workers and peasants, to go bankrupt. It can be said that depositors put their money in these banks with 1% zero risk. If some big customers feel that the deposit interest rate is lower than their psychological expectations, they can also buy wealth management products from private banks, and the security is still extremely guaranteed!

At present, there are too many holes in financial management, which scares the courage of financial managers, and everyone dares not take any financial risks. That's why this statement came into being, but the real situation is not like this:

1. Most of the deposits of high-net-worth customers are placed in banks. Every bank has a department called "Private Banking Department", which serves those high-end customers. The customers here basically have deposits of more than several million in a bank, and they are divided into various types, which are full of poverty, such as large deposit certificates and special deposits belonging to private banks. Then why aren't they afraid? Because in fact, it is very difficult for banks to close their doors.

2. Only when the bank goes bankrupt will the deposit protection insurance system play a role. Then each customer will pay in full within 5, of the consolidated deposit of this bank, exceeding the proportion of waiting for the bank to clear the joint venture before notifying the payment. However, bank bankruptcy is a very influential event in our country. Up to now, there have only been two cases, and all personal deposits have been paid by special policies.

3. Ways to deal with poor management of banks with China characteristics. Generally speaking, whether it is a state-owned bank or a private bank, if it is really poorly managed, it can no longer continue to operate. Generally speaking, China Banking and Insurance Regulatory Commission will designate another bank to take over. Draw the point, taking over does not mean bankruptcy, and then carry out subsequent disposal. Because bank license is a scarce resource in China, it has high economic value, just like insurance company license. Therefore, at this time, the bank license has played a great role in safeguarding. Whoever takes over and wants this license will bear the responsibility of paying depositors.

4. if we classify banks into big banks, joint-stock banks, listed company banks and other types of banks (rural commercial banks, small city commercial banks and credit cooperatives), then we can infer from normal logic that when systemic risks occur, small banks will fall first and big banks will fall later. So in the end, other types of banks are the most risky. Generally speaking, the deposit in these banks should not exceed 5, yuan as far as possible. In banks in other fields, there will be no big risks.

This world is unfair, and 2% of people are in charge of 8% of wealth. Those rich people with high net worth are not worried about this problem. What's the point of people worrying? I don't even have enough money in my own savings, so I'm afraid I'm still heavily in debt.

to sum up, banks are still the safest deposit institutions in China's financial system. Everyone must be worried.

The figure of 5, yuan comes from the Regulations on Deposit Insurance implemented in 215, which states that when a bank goes bankrupt, the depositor's total principal and interest can be fully paid by the insurance institution within 5, yuan.

realistically speaking, if there is a lot of money, you can deposit more than 5, yuan in a bank. Of course, when choosing a bank, it is necessary to have conditions. It is necessary to choose a national bank with good operating conditions, a state-owned bank is better, a bank with a high bad debt rate and a local small and medium-sized bank as far as possible.

I believe many people know that the threshold of private banks is 6 million yuan, and the annual rate of return can be as high as 6% or more through customized wealth management products, and you can also enjoy many value-added services. From the data, we can find that the number of customers in only eight banks has reached 5,, which is quite large.

6 million yuan far exceeds 5, yuan, so these high-net-worth people have no worries? Practically speaking, the services enjoyed by high-net-worth people are very different from those enjoyed by ordinary consumers. The wealth management products provided by private banks are safer and more reliable, and the rate of return is guaranteed. Only by serving them well can we bring more customers and resources to banks.

It is also a private bank. If a city commercial bank or a rural commercial bank attracts customers, its attractiveness will be greatly reduced, and customers will generally worry about risks. There are many outlets in China, with large assets, low bad debt rate and good profitability. Obviously, such banks will not have problems easily and the probability of bankruptcy is extremely low. This is the basic logic that they can deposit more than 5, yuan.

With the development of the times, many banks will go bankrupt in the next decade. After all, the bad debt rate of some rural commercial banks has even reached as high as 2%, and once they encounter a run, they will go bankrupt. For such banks, even if there is a deposit insurance system, saving less or not saving is a better choice.

according to the provisions of the deposit insurance regulations, the principal and interest of the same depositor in all deposit accounts of the same bank are combined to calculate the maximum repayment amount of 5,, which means that if you deposit 1 million in ICBC, the state will support the payment of 5,. If the deposit exceeds 5, yuan, it is recommended to deposit it in different banks to ensure that the deposit principal and interest to be withdrawn in each bank are less than or equal to 5, yuan.

Theoretically, domestic banks are relatively safe, and industry supervision has been relatively strict. However, after all, different banks have different backgrounds and qualifications, and different people have different degrees of understanding of banks. If they don't have enough trust in banks, they can be stored in different banks separately.

from the actual situation, the six major banks have a very strong background, a high degree of capital security and the highest regulatory requirements, and there is basically no possibility of bankruptcy. If the six major banks are going to fail, it can only be said that the country's financial system will also collapse.

so if there is one of the six major banks, there is no need to divide the deposits of more than 5, yuan.