Fudian Bank is the first provincial local joint-stock commercial bank in Yunnan Province. At present, it has 9 branches, whose main businesses are: deposit, withdrawal, loan, agent financing, investment financing, etc.
Extended data:
Commercial Bank, abbreviated as CB in English, is a kind of bank, whose duty is to act as a credit intermediary for financial institutions through deposits, loans, remittances and savings.
The main business scope is to absorb public deposits, issue loans and discount bills. General commercial banks do not have the right to issue money, and the traditional business of commercial banks is mainly deposits and loans.
From August 20 14 1 day, individual customer account management fees, annual fees and pension withdrawal fees are conditionally exempted, and some charging standards are reduced.
The highest handling fee for personal inter-bank counter transfer and remittance is capped in 50 yuan, and the handling fee for public inter-bank counter transfer and remittance is capped in 200 yuan.
correlation function
The function of a commercial bank is determined by its nature. This concept is different from central banks and investment banks. It is a savings institution rather than an investment institution and has five basic functions:
Regulate the economy
Adjusting economy means that commercial banks adjust the shortage of funds in all aspects of society through their credit intermediary activities, and at the same time realize the adjustment of economic structure, consumption ratio investment and industrial structure under the guidance of the central bank's monetary policy and other national macro policies.
In addition, commercial banks can adjust their balance of payments through their financing activities in the international market.
Because of its extensive functions, commercial banks have a great influence on the whole social and economic activities and occupy a special and important position in the whole financial system and even the national economy.
With the development of market economy and the integration of global economy, commercial banks have highlighted the development trend of functional diversification in 20 12.
Credit generation
On the basis of credit intermediary function and payment intermediary function, commercial banks have produced credit creation function.
Commercial banks are banks that can absorb all kinds of deposits and issue loans with all kinds of deposits absorbed. On the basis of cheque circulation and transfer settlement, loans are derived into deposits. On the basis of not withdrawing cash or completely withdrawing cash from such deposits, we will increase the sources of funds for commercial banks and eventually form derivative deposits several times as many as the original deposits in the whole banking system.
For a long time, commercial banks are the only financial institutions that can absorb demand deposits and open checking accounts, and on this basis, transfer and check circulation have emerged.
Commercial banks create and reduce demand deposits through their own credit activities. If there is not enough loan demand and the deposit cannot be loaned, it will not be created, because the deposit is only derived from the loan; On the contrary, if the loan is repaid, the derivative deposit will shrink accordingly.
The degree of shrinkage is consistent with the degree of derivation. Therefore, for commercial banks, deposit absorption plays a very important role in their operations.
the credit intermediary
The book credit intermediary of commercial banks is the most basic function of commercial banks, which can best reflect the characteristics of their business activities.
The essence of this function is to concentrate all kinds of idle money in the society in the bank through the debt business of the bank, and then invest it in various economic sectors through the asset business.
As the intermediary or representative of both borrowers and lenders of monetary funds, commercial banks realize the financing and obtain interest income from the difference between the cost of absorbing funds and the interest income of loans and investment income, thus forming bank profits. Commercial banks have become "big businessmen" buying and selling "capital goods".
Commercial banks realize financing between capital surplus and deficiency through the function of credit intermediary, without changing the ownership of monetary capital, but only the right to use it.
Payment intermediary
Commercial banks not only act as credit intermediaries and finance monetary funds, but also perform monetary management functions. Through the transfer of deposits in the account, you can pay on behalf of customers, pay cash for customers on the basis of deposits, and become the currency keeper, cashier and payment agent of industrial and commercial enterprises, groups and individuals.
Taking commercial banks as the center, a payment chain and the relationship between creditor's rights and debts with no beginning and no end are formed in the economic process.
Finance service center
With the development of economy, the business environment of industrial and commercial enterprises is becoming more and more complicated, and the business competition between banks is becoming more and more fierce. Because of the wide contact and well-informed information, especially the wide application of computers in banking business, banks have the conditions to provide information services for customers, and services such as consulting services and "decision support" for enterprises have emerged.
With the development of specialization of production and circulation in industrial and commercial enterprises, it is required to transfer many monetary businesses that originally belonged to enterprises to banks, such as paying wages and paying other expenses.
Personal consumption has also developed from simple money and goods transactions to transfer settlement. Modern social life puts forward many requirements for financial services of commercial banks.
Under the strong impetus of business competition, commercial banks are also constantly exploring service areas, further promoting the expansion of asset-liability business by developing financial business, and combining asset-liability business with financial services to open up new business areas. In modern economic life, financial services have become an important function of commercial banks.