Should the deposits of the companies in the group in the finance company be counted as "other monetary funds" or "bank deposits"

The function of a group finance company is to absorb the deposits of member enterprises, but it cannot absorb the deposits of enterprises outside the group. In terms of their ability to resist risks, they are much worse than even the smallest banks. Banks also have the risk of bankruptcy, but they are also protected by bank insurance. The deposits made by group finance companies are all in accordance with administrative orders, which is more risky because the group does not guarantee real documents. To sum up, the deposits of the group finance company belong to the nature of borrowing, so the corresponding loan contract should be signed according to the provisions of the Company Law, and the group headquarters as the guarantor conforms to the legal procedures. Instead of the current situation in which group finance companies pretend to be banks. Therefore, the deposits of finance companies should be accounted for in other receivables, matching their risk levels.