回首十年“存保路” 拾级而上“赓续行”

Core Viewpoint - The implementation of the deposit insurance system in China has significantly enhanced the stability of the banking sector and increased depositor confidence, particularly benefiting small and rural banks [1][2][7]. Group 1: Impact on Depositors - The deposit insurance system, established in 2015, provides full protection for deposits up to RMB 500,000, covering over 99% of depositors [2][5]. - The system has alleviated concerns regarding the safety of deposits in smaller banks, allowing these institutions to focus on local market development [1][5]. - The recognition of the deposit insurance system has led to an increase in the proportion of deposits over RMB 200,000 in smaller banks, from 35.44% to 56.25% [5][6]. Group 2: Benefits for Small and Rural Banks - The deposit insurance system acts as a "stabilizer" for small banks, enhancing their market competitiveness and enabling them to attract more deposits [2][4]. - Local banks have reported an average annual growth of 7.26% in agricultural loans and 7.52% in deposit scale over the past three years, indicating a positive trend in financial stability [1]. - The system has allowed banks to support local economies by providing loans to agricultural sectors, with one bank issuing RMB 3.97 billion in concentrated credit to 88 administrative villages [5][6]. Group 3: Future Expectations and Improvements - The next decade for the deposit insurance system is expected to focus on risk prevention and the establishment of a more resilient financial safety net through legal, market, and technological means [8]. - There is a call for a dynamic adjustment mechanism for the compensation limit based on factors like wealth growth and inflation to ensure the system remains relevant [8].