in the current social situation, investment has become a universal behavior, especially the rise of bank financing, many people will idle funds for financial management. In order to further standardize the city’s national treasury cash management behavior from the system, the city recently issued the Xiamen municipal treasury cash management rules. Last weekend, Xu Lishan, deputy director of the Municipal Finance Bureau, guest finance network director online interview column, the introduction of the rules on the interpretation.
Xu Lishan said that the city is the 2016 local treasury cash management pilot areas. At present, the Xiamen municipal government cash management "by the Municipal Finance Bureau in conjunction with the people’s Bank of China branch of Xiamen city center to work together, the Municipal Finance Bureau, the people’s Bank of China Xiamen branch of the clear division of responsibilities, the establishment of coordination mechanisms, including the establishment of a joint meeting of the state treasury cash management, treasury cash management and the establishment of the municipal bidding team to carry out the municipal treasury cash management.
single phase successful Bank of not less than 5
According to the provisions of the "
local treasury cash management pilot approach", the city commercial banks including state-owned commercial banks, joint-stock commercial banks, city commercial banks, rural commercial banks and postal savings banks can participate in the municipal treasury cash management operations, policy banks can not participate in. Municipal treasury cash management through open tender using comprehensive scoring method to determine the deposit bank. Through the Municipal Finance Bureau website, the people’s Bank of China Xiamen branch website can query the municipal treasury cash management bidding information bulletin.
the introduction of the rules clearly, the city’s municipal treasury cash management of a single bank to determine the amount of less than 5 banks. Treasury cash management tools for commercial banks within a period of time deposits. The deposit bank shall obtain the national treasury deposit or the local debt.
in order to ensure the safety of treasury funds, the Municipal Finance Bureau will Xiamen branch of the people’s Bank of China to participate in the management of the municipal treasury cash management activities. If the deposit bank fails to handle the state treasury cash management time deposit business in accordance with the provisions, and causes the risk or loss of the treasury cash management, it shall bear the corresponding legal liabilities.
qualified to participate in the management operation
what are the requirements for the commercial banks to participate in the national treasury cash management operation? Xu Lishan said, in order to ensure the safety of treasury funds, shall meet the following conditions at the same time, the commercial banks to participate in the municipal treasury cash management operations: 1 in accordance with the law to carry out business activities, no record of major illegal business activities within the past 3 years of good reputation; 2 financial soundness, capital adequacy ratio, non-performing loan ratio, coverage ratio, liquidity coverage ratio, liquidity ratio and other indicators of regulatory standards; 3 internal management mechanisms, with a strong risk control, nearly recommended