Two ministries strengthen bank finance and risk management

This newspaper (reporter Gaochenwu) reporter yesterday from the CBRC learned that the Ministry of Finance and the CBRC recently issued a joint publication on the current response to the financial crisis to strengthen banking financial institutions and risk management of the Views (hereinafter referred to as the "opinion"), to require the banking institutions to further increase support for economic development, strengthen financial and risk management,　　Enhance the ability to prevent and defuse risks, and promote stable and rapid development of the national economy. The impact of the international financial crisis is still spreading, "the opinion" pointed out that the banking financial institutions should pay close attention to the financial management of the borrower, pay close attention to the foreign guarantee of the borrower and other contingent liabilities, and prevent the credit risk from accumulating; In carrying out the merger loan business, we should carefully analyze and evaluate the risk of the acquisition loan　　Avoid the loss of credit funds caused by the blind expansion of enterprises, ensure the quality of new loans is stable. The opinion also calls for banking financial institutions should strengthen internal risk control, effectively prevent market and operational risks, timely and full extraction of the provision, efforts to resolve non-performing assets, prudently carry out mergers and acquisitions, prevent foreign investment risks, strengthen financial analysis and risk early warning, improve strategic decision-making capacity, deepen corporate governance reform, safeguard the interests of investors.