The so-called "smart deposit" is a time deposit product that can deposit and withdraw money at any time and has a high interest rate. Therefore, people who know the actual situation of "smart deposits" know that this is a "high-interest deposit" and worry that banks can't bear it. So I'm worried about the deposit safety of such banks. Then, will "high-interest" private banks suffer serious losses and bring challenges to deposit safety?
Indeed, in order to attract more deposits, some private banks have raised their interest rates, especially in the process of absorbing deposits, using some irregular means, in addition to introducing new tricks such as "smart deposits", but also pulling deposits everywhere through old means such as employees returning depositors' interest, resulting in a substantial increase in deposit costs. Not only private banks, but also some local state-owned banks, joint-stock banks, city commercial banks and rural credit cooperatives. , but also the use of high-interest deposits, seriously affecting the financial order.
So, what are the consequences of "high-interest deposits"? First of all, it will seriously disrupt the financial market order. Because all "high-interest deposits" are extremely irregular, which seriously violates the financial system, financial discipline, financial regulations and so on. , and will lead to the chaos of the entire financial market order. Once there are more financial institutions with high interest rates, the market atmosphere will be bad and there will be more and more irregular means, which will lead to the abnormal flow of bank deposits and greatly affect the order of the financial market.
Second, it will bring serious corruption problems. "High-interest deposits" are not only manifested in ordinary customers and private deposits, but also in corporate deposits. Once the situation of "absorbing deposits at high interest rates" is serious, some staff and leaders of units, departments and state-owned enterprises who have the power to fund will profit from it, leading to serious corruption and violation of laws and regulations, making deposits a tool of corruption.
Third, it will increase the financing cost of enterprises and residents. The cost of deposit is high, and if there is a way out, it will be recovered from the loan. How to make money, of course, is to increase the cost of loans, raise various fees in the process of loans, set various loan thresholds, greatly increase the financing costs of enterprises and residents, increase the burden of enterprises and residents, and affect economic development and the improvement of residents' lives.
Fourth, it will increase the operating pressure of banks. The most outstanding performance is that the profitability of banks has been greatly weakened. After all, the profits of banks are mainly formed by spreads, and the cost of deposits is high. If the loan interest rate is strictly regulated and the intermediate links are not allowed to increase fees, the deposit cost will naturally be passed on to the banks themselves, resulting in a decline in their profitability or even losses.
In the long run, it is to accumulate risks and form a strong pressure on the security of banks. Once the risk accumulates to a certain extent, it may break out, which will have an impact and impact on the security of financial markets. The subprime mortgage crisis in the United States and the global financial crisis are all caused by the irregular behavior of banks. Therefore, "high-interest deposits" have a great impact on bank security. Small private banks, in particular, are very dangerous if they do not strengthen supervision and strictly prohibit and crack down on "high-interest deposits". Therefore, private banks, including state-owned banks, should report the "high-interest-absorbing deposits" in time to remind regulators to investigate and deal with them. At the same time, regulators should also intensify inspections and unannounced visits. For residents, don't be tempted by the "high interest rate" of banks, so as not to bring unnecessary losses to themselves.