Just past 2009 is the United States and small bank failures of a peak year. Although the United States economy had begun to restore growth, but the impact of financial crisis far from over, it is expected that by 2010 there will be a considerable number of small and medium-sized Bank United States.
United States Federal Deposit Insurance Corporation's latest data show that in 2009, the United States bank failures in a total of up to 140, far higher than the 26 2008. At present, in the United States Federal Deposit Insurance Corporation's "problem Bank" list, there are about 500 Bank. Historical experience shows that on the list of Bank of about 13% of the final will fail.
From a macro perspective, the United States due to the small and medium-sized bank failures are the result of the real estate bubble burst, and is also one of the "100 years" product of the financial crisis.
Deep crisis of the commercial real estate is a major bank failure caused by speculative fever. Moody's commercial real estate price index shows that compared to the peak in 2007, the United States commercial real estate prices fell by 41% to date have. United States ING Clarion partners investment company that, from now until 2012, the United States have reached 1.4 trillion in commercial real estate loans will expire, with a large number of loans in 2007, commercial real estate prices peak.
Micro-perspective analysis, the cause of the wave of bank failures can be from two aspects. On the one hand is the Bank itself. Banks have closed down, primarily because the judgment on the economic situation, investment, particularly in the real estate bubble blowing when issuing a large number of large adverse commercial real estate loans. United States real estate consulting agency vision analysis company research report shows that in the United States 8100 a number of banks, there are approximately 2200 Bank business have had more than regulators require cordon.
On the other hand is supervision, Florida-Ocala National Bank. United States Treasury Department's Office of the Comptroller of the currency is responsible for banking supervision officials have found that the Bank loan standards too loose, and excessive focus on construction loans. However, the regulators failed to take enforcement measures to correct the Ocala National Bank, the Bank eventually closed down.
For this reason, the United States bank regulators began to seek to strengthen and improve the monitoring of specific measures include improving the bank capital adequacy requirements for banks to do sections to restrict high-risk operations, as well as increase experienced regulators, etc.
The financial sector is at the core of the market economy, small and medium-sized bank turmoil on the United States the negative impact of the economic recovery should not be overlooked.
First, small and medium-sized bank failures in the United States this is a serious problem of unemployment. Bank failures in addition to the direct result of Bank staff unemployed, can also cause the Bank to provide loans to small and medium-sized enterprises, small and medium-sized undertakings to exacerbate. United States to create jobs and medium-sized enterprises accounted for 60%, for the creation of employment is significant.
Secondly, a large number of small and medium-sized bank failures have weakened the United States local government wealth, worsened the United States at all levels of Government's overall fiscal position. The Bank is a major United States local government revenue sources. In addition, because of bank failures caused a chain reaction of enterprise inevitably affect local government revenue. While the United States Government finances the already overburdened, bank failures so that the government deficit problem even more serious.
Third, bank failures can lead to real estate loans decreased, still caught in the predicament of the commercial real estate recovery further inhibited, thus affecting the United States the pace of recovery of the economy as a whole.
However, you should see that despite the collapse of the United States a large number of small banks, but the limited size of these banks, on the impact of the financial system as a whole is relatively limited. The current financial crisis, the number of bank failures since about United States all bank number of 2%, the proportion of assets is not significant. In the Obama administration's view, these small and medium-sized bank does not have a "systemic risk", while the closure of a large number, but added up its importance also offered to a large bank. From the Obama administration to salvage the financial industry strategy, small and medium-sized banks only at your own risk, not like some large banks in the troubled Government aid.
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