Commercial banks are financial enterprises dealing in money, and banking is an industry based on money and credit. Banking plays an important role in a country's financial system because of its important financial media function, scale and weight in the financial industry, "natural connection" with the payment and settlement system and its role in preventing financial risks. The analysis of modern game theory and information economics shows that, compared with the securities industry and insurance industry, the banking industry is more risky and fragile in information asymmetry, risk sharing and correction mechanism, and the probability of its instability endangering the financial system is much higher than that of the securities industry and insurance industry.

Financial security is the core of a country's economic security, bank stability is the core of financial stability, and financial stability is an important foundation to ensure a country's financial security. It is impossible for a country to have any financial security in the case of financial instability, such as the great turmoil in the financial market, the obstruction of the payment and settlement system and the bankruptcy of many financial institutions. Of course, financial stability does not necessarily bring absolute financial security. Financial stability can only lay a solid foundation for financial security in a state of steady operation, good efficiency and reasonable structure; Excessive supervision, inefficiency and structural imbalance will damage the intermediary function of the financial system, increase its vulnerability and brew financial risks.

Reply time: 2021-11-23. Please refer to the latest business changes announced by Ping An Bank in official website.