Is Huatong Bank a regular bank?

1. Fujian Huatong Bank is the first private bank in Fujian, which was jointly established by a number of private enterprises in Fujian. With the approval of China Banking Regulatory Commission, it was granted a financial license by People's Republic of China (PRC) (China).

2. The deposit of Fujian Huatong Bank is safe, and the deposit regulations protect the rights and interests of depositors. The bank deposits of Huatong Bank are as safe as those of joint-stock banks such as China Merchants Bank and Bank of China. Deposit funds below 500 thousand can be said to be risk-free.

3. Because China's bank deposits are protected by the Deposit Regulations: Article 5 of the Deposit Insurance Regulations-deposit insurance is subject to limited payment, with a maximum payment limit of 500,000 yuan. In other words, even if Huatong Bank goes bankrupt, deposits below 500,000 can be paid in full.

4. Fujian Huatong Bank has a registered capital of 2.4 billion yuan and is registered in Pingtan Area of China (Fujian) Pilot Free Trade Zone. 2016165438+1On October 23rd, Fujian Huatong Bank was officially approved by China Banking Regulatory Commission. 20 17 65438+ 10/6. Fujian Huatong Bank Co., Ltd., the first private bank in Fujian, officially opened in Fuzhou.

201165438+1On October 28th, Yonghui Supermarket Co., Ltd. received the Reply of China Banking Regulatory Commission on the Establishment of Fujian Huatong Bank Co., Ltd. (Yonghui Fa [2016] No.388) forwarded by the preparatory working group. The answer is as follows:

1. Agree to build Fujian Huatong Bank in Pingtan Area of China (Fujian) Pilot Free Trade Zone. The bank category is private bank.

2. It is agreed that Yonghui Supermarket Co., Ltd. and Sunshine Holdings Co., Ltd. subscribe for 27.5% and 26.25% of the total share capital of the Bank respectively. Shareholders' qualifications of other enterprises whose subscribed shares account for less than 10% of the total share capital shall be reviewed by Fujian Banking Regulatory Bureau in accordance with relevant laws and regulations.

3. Fujian Huatong Bank Preparation Working Group shall handle the preparation work in strict accordance with the requirements of relevant laws and regulations, and complete the preparation work within 6 months from the date of approval.

4. During the preparatory period, the preparatory working group of Fujian Huatong Bank shall accept the supervision and guidance of Fujian Banking Regulatory Bureau and shall not engage in financial business activities.

5. After the preparatory work is completed, apply to Fujian Banking Regulatory Bureau for opening in accordance with relevant regulations and procedures.

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