China's first privately-owned bank, Shenzhen's front-Sea Micro Bank, was allowed to open

China Securities Network News (reporter Zhoupeng) recently, the CBRC approved the Shenzhen Front Sea micro-bank opening. It is reported that the CBRC in 2014 three has approved the approval of the first batch of 5 private banks to prepare. Thereafter, the CBRC will follow the initiative of the main body, the principle of commercial sustainability, and actively promote the preparation of 5 pilot banks to prepare the work, including the construction of a reasonable corporate governance structure, the establishment of the main management system and risk prevention system framework. A few days ago, Shenzhen before the Sea micro-bank opening preparations are ready, on December 12 by the Shenzhen Banking Regulatory Bureau approved the opening. The reply of the Shenzhen Banking Regulatory bureau includes the name of the institution, the domicile of the institution, the place of business, the registered capital, the qualification of senior management and the scope of business. Among them, the organization name is Shenzhen front sea micro-public Bank Limited Company (Shenzhen Qian Hai micro-Public bank), registered capital of 3 billion yuan. Business scope includes the absorption of the public, mainly individuals and small micro-enterprise deposits, mainly for individuals and small micro-enterprises to issue short-term, medium and long-term loans, for domestic and foreign settlement and bills, bonds, foreign exchange, bank cards and other business. The banking regulator said that the Shenzhen front Sea micro-bank is a positioning in the service of individual consumers and small micro-enterprise customers of private banks. Shenzhen before the sea micro-banks should give full play to shareholder advantage, to create a small deposit characteristics of the business brand, for individual consumers and small micro-enterprise customers to provide quality financial services. At the same time, the CBRC will continue to promote the preparation of 4 other private banks to prepare for the opening of the work. The Director also said that the CBRC is actively promoting private banks to expand the pilot-related work.