The Internet financial form represented by Facebook will affect the survival of banks in the future.

Abstract: The Internet financial form represented by Facebook will affect the survival of banks in the future. Wei Hua Ru, president of China Merchants Bank, said at the global summit of the CBI, a Chinese Enterprise Research Center at Columbia University, held in Shenzhen recently. To pay the treasure (Weibo

"The Internet financial form represented by Facebook will affect the survival of banks in the future." Wei Hua Ru, president of China Merchants Bank, said at the global summit of the CBI, the 2012 Columbia University, held in Shenzhen recently.

The internet Third-party payments represented by Alipay have weakened the bank's position as a social payment platform. Facebook as the representative of the social network, but also a threat to the survival of the Bank's foundation-the function of deposit and loan intermediary.

Ma said the Facebook 840 million real-name clients form a huge network of communities in which information is fully shared. Many of them provide deposits, there are many need for funds, in the future, through the search engine to let the funds supply and demand for orderly arrangement, through the cloud computing and information system to determine the price of risk transactions, each person has a mobile terminal, can be completed in hand, do not need to bank as intermediary.

"This will be the most serious challenge. "Of course it's an ideal thing, but some things seem so far away that they will happen very soon," Ma said. ”

In his speech on the subject of bank transformation, MA also talked about banks ' response to the prospect of market-oriented interest rates. Since July 6, the central bank to the financial institutions renminbi deposit and lending benchmark interest rate of asymmetric downward, the current bank sitting on the business model of eating spreads impact.

Ma said that as the savings dividend gradually disappeared, the gap between deposit and loan spreads narrowed, the business of small micro-enterprises will be placed in an important position. This will test the banks ' balance of risk and profitability. Small micro-enterprises are the world's problems, asymmetric information, management is not standardized, to want a clear, certainly lose, need to improve the volume of banking, professional approval.