Chronicles of a Demented Mind

As we all know , http://www.firststrikegame.com/ the first since 1996 by a private capital as the main sponsor of the national joint-stock commercial bank – after the establishment of MBT Minsheng Bank , despite MBT ’s state-owned banks , city commercial banks , and even agricultural firms have experienced a joint-stock reform , but whether is owned four lines introduce strategic investors , mbt or City firm and agricultural firms share reform , in the absence of any legal basis in the case of private capital as the main sponsor of the qualifications to be somehow deprived of in the past 18 years , the people’s livelihood. Bank became the sole is both symbolic and ironically the only private banks rather lonely existence . Although 2005’s non-public 36 and 2010 ’s private investment in 36 are literally encourage private capital to participate initiated the establishment of banks and other financial institutions , but in the absen www.firststrikegame.com ce of any substantive operations opinion in the case , these so-called incentives eventually just dropped. It can be said , in the past 10 years , for the private capital into the banking regulation and prevention to be added to the extent , mbt shoes clearance even in the rural banks of these state-owned capital in fact reluctant to meddle tasteless areas , the existing system still provides: village bank ’s largest shareholder or sole shareholder must be banking financial institutions . largest banking financial institutions shareholders shall not be less than the total share capital of rural banks to 20% , a sing mbt walking shoes le individual shareholders and related parties stake rural bank capital may not exceed 10% of total . this fact means that the private capital to set up rural banks , must be made by the Bank as the largest shareholder is the state-owned banks to take the lead, otherwise we could not set up , which became the largest private investment into the banking system of obstacles. 2011 , triggered by the collapse of Wenzhou private lending foot event Forced Wenzhou financial reform , approved by the State Council at the time of the twelve Wenzhou financial reform overall plan , the core initiatives are two : First, the legitimate private finance of , first, to encourage and support private capital to participate in local financial institutions reform , initiated the establishment of law or equity village banks, loan companies and rural credit union funds and other new financial organizatio discount mbt shoes ns . In particular, the proposed qualifying small loan company restructured into village banks , but also for the establishment of private capital in the banking system opened the door . Before that , the only private capital to enter the field is a small loan company, but the company itself is not a small loan -bank financial institutions , small loan companies can not absorb public deposits , the main source of funds to pay for our shareholders capital, donated funds , as well as from no more than two banking institutions into the capital . This makes the small loan companies in system design deficiencies, neither adequate sources of funding , but also on the capacity was tightly restricted and can not assume the function of financing for SMEs . It is in this case, Wenzhou financial reform proposed small loan companies can become a bank , give a lot of local small loan companies a great hope. At that time , the author has been to Wenzhou research, discussion , and some small loan companies , rural banks they turned extremely looking forward to. Regrettably, however, is that two years have passed , small loan companies into rural banks not only did not really break the ice , and even specific guidance on how to implement are not introduced, private capital banks set up a real dream again stillborn .