Private enterprise bank is not necessarily a good deal.doc

 PAGE \* MERGEFORMAT 4 Private enterprise bank is not necessarily a good deal China Credit Rating Co., Ltd. Chen Bin, vice president of Securities All who wish to participate in the market for commercial banks to set up the institutions were given a warm response, but from a rational analysis, the new commercial bank is perhaps not a ‘good deal’, into a large, high risk, return uncertain, at least in the banking establishment After three to five years, it has several ‘life and death’ to live. August 9, China’s banking regulator, a notice lt;lt; Chinese commercial banks administrative licensing matters Implementation Measures (Draft) for public comment gt;gt; The announcement caused strong concern in the market, a number of regulatory agencies have expressed their intention to department proposed the establishment of commercial bank’s application. Market response has been very positive, after all, since 1995 gt;gt; lt;lt; PRC Commercial Banking Law enacted since the first time, in addition to foreign commercial banks, there is no one in the establishment of commercial banks to obtain licenses (excluding restructuring and reorganizing). Although the announcement of the ‘draft’ content is actually involved in commercial banks for all administrative licensing matters (including the qualification and business start-up, etc.), but which involves ‘the new commercial banks,’ the conditions, procedures and regulations have still ‘ broad-brush. ‘if there is no implementation details, do not even have the maneuverability, but eventually in the lt;lt; method gt;gt; lt;lt; gt;gt; Commercial Banking Law of the base Basis taken a substantial step on, which is China’s financial markets and building a multi-level, improving the financial fair condition, is still very positive. In fact, the market for all interested participating institutions established commercial banks were given a warm response, but from a rational analysis, the new commercial bank is perhaps not