Yangquan Municipal People's Government stated in an announcement dated 16 that Yangquan Commercial Bank is a legal financial institution initiated by Yangquan Municipal Government, state-owned enterprises and social investors and approved by China Banking Regulatory Commission. Yangquan City Commercial Bank has participated in the national deposit insurance system, and the deposit safety of depositors is directly guaranteed by the national laws and deposit insurance system.
Yangquan City Commercial Bank is operating normally. Recently, some depositors of Yangquan City Commercial Bank concentrated on handling business. The municipal government will pay close attention to the development of the situation, fully support the operation and development of Yangquan Commercial Bank, safeguard the legitimate rights and interests of depositors, and ensure the overall economic and social stability of the city. The interests of depositors are protected by national laws.
I hope that the general public and depositors will treat it rationally, don't believe in rumors, and maintain a good financial and social order. If it is really necessary to withdraw money, the deposit and withdrawal procedures should be handled in an orderly manner in accordance with the banking system, so as to avoid the loss of interests caused by early withdrawal and prevent the security risks caused by holding a large amount of cash.
Extended data:
There are two reasons for the run:
1. As the holders of bank notes or depositors have shaken the credit of the issuing bank, they have withdrawn their deposits in succession;
Due to the devaluation of banknotes, the holders of banknotes have to throw them away quickly to prevent serious economic losses.
Bank runs are often accompanied by the general withdrawal of deposits, and further form financial turmoil. When there is a bank run, the market is extremely nervous, loan funds are in short supply, and interest rates are rising, forcing some banks and financial institutions to close down or close down, thus further aggravating the monetary and credit crisis and causing chaos in the financial field.
Announcement on the Official Website of Yangquan Commercial Bank-Yangquan Commercial Bank
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