Xiao Gang, member of the National Committee of the Chinese People’s Political Consultative Conference: Special attention should be paid to the risks of small and medium-sized banks under the impact of the epidemic

Xiao Gang, member of the National Committee of the Chinese People’s Political Consultative Conference: Special attention should be paid to the risks of small and medium-sized banks under the impact of the epidemic
Sauna, Yewang (Gu Zhijuan Cheng Weisei) On May 22, Sauna Yewang held a series of national “two sessions economic strategy” salons to challenge China’s economy, and invited CPPCC members to interpret the freshly released government work report today, including economic value-addedSpeed, fiscal and monetary policy and other important rules.Xiao Gang, a member of the National Committee of the Chinese People’s Political Consultative Conference and former chairman of the China Securities Regulatory Commission, said that in the battle to prevent and resolve major financial risks, due to the impact of the epidemic, the overall macro leverage ratio has increased gradually, and the financial system should pay special attention to the risks of small and medium-sized banks.Small and medium-sized banks have insufficient capital strength and a relatively high ratio of non-performing assets, and they also undertake the important task of increasing support for small and micro enterprises.How to balance risks in this situation has the smallest disadvantage for small and medium banks.Xiao Gang proposed that a variety of channels and methods should be adopted to properly supplement small and medium-sized banks; at the same time, small and medium-sized banks should improve internal management and control, and improve risk management. One of the important aspects is to use technology to help banks identify customers and prevent risks.Sauna, Ye Wang Gu Zhijuan Cheng Weisec Editor Li Weijia Proofreading Liu Baoqing