According to the official account of Bank Of China Limited(601988) Industry Association, in March 9th, the three six session of the Standing Committee of the Bank Of China Limited(601988) Industry Association (hereinafter referred to as the “City Commerce Commission”) was held in Beijing on March 1st afternoon. Liu Rong, deputy director of the city banking department of the China Banking and Insurance Regulatory Commission, and Wang Rui, director of the risk analysis Division, attended the meeting.
Liu Rong fully affirmed the work of the Urban Commercial Commission. He said that in 2021, the Committee of urban commercial banks earnestly performed its duties, carried out fruitful work such as special research on Party building of private banks of urban commercial banks, publicity and education on the construction of clean financial culture, training on corporate governance and regulatory policies, preparation of development reports of urban commercial banks, compilation of financial regulatory policies, construction of financial talent pool, and made contributions to the service supervision of member units. He stressed that in the face of the triple pressure of shrinking demand, supply shock and weakening expectation, the current reform and development and risk resolution of urban commercial banks have achieved positive results, the development speed has returned to rationality, the business structure has been gradually optimized, and the industrial risks have converged as a whole. In the next step, according to the general tone of keeping the word steady and seeking progress in stability, we should strengthen our work around the market positioning, corporate governance, senior management construction, asset allocation, capital supplement, financial technology and other aspects of private banks of urban commercial banks, so as to effectively improve the development quality of private banks of urban commercial banks.
