Shengjing Bank, whose full name is Shengjing Bank Co., Ltd., is headquartered in Shenyang City, Liaoning Province, and is one of the earliest city commercial banks established in Northeast China. In February 2007, Shengjing Bank successfully reformed its shareholding structure and became the first city commercial bank in China to be listed at home and abroad. Shengjing Bank adheres to the enterprise spirit of "integrity, enterprising, innovation and cooperation", adheres to the market positioning of "serving the local economy, serving small and medium-sized enterprises, and serving urban residents", and realizes the coordinated and rapid development of scale, quality and efficiency.
*Supervision: As a city commercial bank, Shengjing Bank's business is strictly regulated by the China Banking Regulatory Commission (CBIRC). In addition, Shengjing Bank is also subject to the supervision and management of the People's Bank of China to ensure its compliance and controllable risks. Capital adequacy ratio: The capital adequacy ratio is an important indicator of a bank's solvency. As of the end of 2021, Shengjing Bank's capital adequacy ratio was 1436% and a core Tier 1 capital adequacy ratio of 1135%, which is higher than the regulatory requirements, indicating that the bank has strong capital strength and anti-risk ability. Internal risk control system: Shengjing Bank has established a sound internal risk control system, including risk management system and internal audit system, to ensure that all kinds of business risks are effectively identified, measured and managed. External Ratings: A number of authoritative credit rating agencies have rated Shengjing Bank. Taking China Chengxin International Credit Rating*** as an example, it assigns a long-term credit rating of AAA to Shengjing Bank with a stable outlook, indicating that the bank's creditworthiness and solvency are very strong.
Legal Protection: According to the Regulations of the People's Republic of China on Deposit Insurance, the principal and interest of deposits of all financial institutions participating in deposit insurance (including Shengjing Bank) shall be compensated by deposit insurance** in the event of problems in the operation of financial institutions. The principal and interest of all insured deposit accounts of the same depositor in the same financial institution can be compensated up to RMB 500,000.
Deposit insurance system: After a financial institution participates in deposit insurance, its depositors can enjoy the insurance protection provided by the national deposit insurance**. In the event of a problem in the operation of a financial institution, the deposit insurance ** will compensate the depositor in accordance with the regulations. Internal risk management: Banks will set up a dedicated risk management department to conduct risk assessment and management of various businesses on a regular basis to ensure business compliance and controllable risks. At the same time, the bank will also strengthen internal audit supervision to ensure the transparency and standardization of various businesses. External supervision and compliance: Banking business is strictly supervised by financial regulators, such as the China Banking Regulatory Commission (CBIRC) and the People's Bank of China. Banking operations must meet regulatory requirements and compliance requirements to ensure the sound operation of the business and the safety of customer funds. Choose a formal financial institution: When saving, be sure to choose a formal financial institution, such as large state-owned banks, joint-stock commercial banks, and city commercial banks like Shengjing Bank. Avoid depositing funds in illegal institutions that are not approved by the regulatory authorities to avoid unnecessary losses. Prevent the risk of fraud: Do not easily believe the investment and financial advertisements and scams on the Internet, so as not to be deceived. If in doubt, you can consult the bank staff or check with the regulatory authorities. Scientific diversification: In order to reduce investment risks, it is recommended to scientifically allocate personal assets and diversify funds into different types of financial products or projects to achieve risk sharing and maximize returns. Summary: As one of the earliest city commercial banks established in Northeast China, Shengjing Bank has strong capital strength and anti-risk abilityAt the same time, the bank has established a sound internal risk control system and accepts the strict supervision and management of the first regulatory department. Therefore,On the premise of complying with relevant laws and regulations, Shengjing Bank's savings are safer。As an investor, the key to ensuring the safety of personal funds lies in the rational use of strategies such as choosing formal financial institutions, preventing fraud risks, and scientific diversification.