On the characteristics of the development trend of financial institutions.

A: (1) The relationship between non-bank financial institutions and commercial banks is becoming increasingly blurred. Facing the competition from non-bank financial institutions, commercial banks have to break through the shackles of traditional business theory in order to survive and develop, and strive to broaden their business scope and realize diversification and integration of their business operations. In this way, the traditional division of business between commercial banks and non-bank financial institutions has been broken, and the business of both sides has crossed each other, making the boundary between them more and more blurred. (2) Non-bank financial institutions are transformed into shareholding system. In 1980s, most non-bank financial institutions in western countries were transformed into joint-stock financial institutions. For example, 1982, mutual savings banks and savings and loan associations registered in the federal government of the United States were approved to be reorganized into joint-stock systems and publicly issue shares to the public. (3) The government is increasingly strengthening the management of non-bank financial institutions. Since 1980s, western governments and financial authorities have increasingly strengthened their supervision over non-bank financial institutions. For example, the new banking law passed by the United States in 1980 clearly stipulates that all financial institutions that accept deposits must pay the deposit reserve to the Federal Reserve Bank. In the 1980s, the American government gradually abolished all kinds of preferential policies for savings banks and savings and loan associations, and strengthened their management, mainly including: a) gradually lifted the maximum limit on the deposit interest rate of commercial banks; B. The tax preference of savings institutions has been cancelled; It stipulates the ratio of capital to assets that savings institutions must achieve. (4) The merging trend of financial institutions. Since the mid-1970s, financial institutions (especially savings institutions) in western countries began to merge.