After Xu Jiayin was arrested, rumors came

With the arrest of Xu Jiayin, some rumors began to affect the bank.

According to the videos and pictures taken by some users on Douyin and Jinri Toutiao, it can be found that recently, some branches of Cangzhou Bank have seen depositors withdraw money in a centralized manner.

In order to cope with the concentrated withdrawal of cash by depositors, banks have prepared a large amount of cash, like a "pyramid"…

The reason may be related to the recent spread of a detailed list of bank loans owed by Evergrande on the short video platform. In this detail, "the loan limit lent by Cangzhou Bank to Evergrande is 3.40 billion yuan".

Some savers may have been influenced by the rumors.

In this regard, on October 7, Cangzhou Bank quickly issued the "Clarification Announcement". Cangzhou Bank mentioned, "As of October 6, 2023,The loan amount of our bank to Hengda Group and its affiliated enterprises is 346 million yuanThe borrower is Cangzhou Hengxiang Real Estate Development Co., Ltd. With sufficient land and commercial stores as collateral, the overall risk is controllable and will not have a significant impact on the bank’s operation and management and asset quality. In order to recover the loan in full, our bank has filed a civil lawsuit with the Cangzhou Intermediate People’s Court in July 2022 and won the lawsuit, and is currently executing the mortgage disposal procedure according to law. "

According to this statement, Hengda’s arrears need not be worried at all.

Then, on October 8, the Yanshan Supervision Group of the former Cangzhou Banking and Insurance Regulatory Bureau, the Yanshan County Local Financial Management Office, and the Yanshan County Sub-branch of the People’s Bank of China issued the "Joint Announcement". The announcement once again clarified the negative information about Cangzhou Bank on the Internet.

Judging from the sharing of some netizens today, the concerns of some savers may not have been eliminated.

For example, the Douyin user shared his own ranking list today, which shows that there were many customers before.

Another user shared today’s bank number list, which also revealed that there are still many customers ahead.

According to the data, the major shareholder of Cangzhou Bank is the Cangzhou Finance Bureau, with a shareholding ratio of 33.71%. In addition, according to the previously announced prospectus, by 2022, Cangzhou Bank’s assets will reach 209.60 billion yuan, deposits will reach 179.653 billion yuan, and loans will reach 127.031 billion yuan. In 2022, the operating income will be 4.081 billion yuan, and the net profit will be 1.283 billion yuan. In terms of main regulatory indicators, as of the end of 2022, the non-performing loan ratio of Cangzhou Bank will be 1.99%, and the provision coverage ratio will be 162.1%.

From this point of view, Hengda’s arrears are only a drop in the bucket. It cannot affect the normal operation of Cangzhou Bank.

In fact, the Hengda incident, the impact on the banking system has already begun. Take Minsheng Bank as an example, according to the data previously disclosed by the media, after Hengda’s "thunderstorm", Minsheng Bank, as Hengda’s largest bank creditor, has a debt scale of up to 29.30 billion yuan.

However, with the recent arrest of Xu Jiayin, it may be a foregone conclusion that more banks will be settled after autumn.

On August 18, the State Financial Supervision Administration released administrative penalty information showing that Minsheng Bank was fined nearly 48 million yuan for 14 violations of laws and regulations. Among them, the head office 44.30 million yuan and the branch 3.50 million yuan. At the same time, Bai Dan, secretary of the board of directors of Minsheng Bank at the time, was given a warning.

On September 28, the same day that the official announced Xu Jiayin’s coercive measures, the Hubei Supervision Bureau of the State Administration of Financial Supervision announced two fines against Hankou Bank. Hankou Bank is the 19th largest partner listed by Evergrande, and it is unknown how much risk exposure it has. However, it is not known whether Hankou Bank’s punishment is directly related to Evergrande.

One of the fines was issued to Hankou Bank, because it did not strictly follow the requirements of the remote customer credit review to approve the business; the five-level classification of loans was inaccurate; multiple line inspections failed to detect latent risks in time; the internal audit did not reflect major risk liability issues, etc. The fine was 2.65 million to Hankou Bank. The then chairperson of Hankou Bank, the secretary of the board of directors and others were warned.

The other one is issued to the Fruit Lake Sub-branch of Hankou Bank. The reasons are: imprudent investigation before the loan; improper management after the loan. The sub-branch was fined 1 million, the then president of the Fruit Lake Sub-branch was admitted for life, and others were banned for 2-10 years or warned.

No matter what Xu Jiayin’s personal fate is, the top priority is to properly solve the problem of unfinished buildings. After all, this is related to the safe living and contentment of millions of people!