Commercial banks on the banking crisis was caused by goal value or a threat and danger,not only a threat to commercial banks with the basic objective of the implementation,but will also cause commercial banking organization system disorders,give commercial banks the economy,on the great loss of property.Furthermore,the commercial banking crisis because of huge transmission has effect,in particular the dissemination of information in today's diversified,the speed of high-speed cases,the commercial bank crisis will happen quickly once open,will cause public panic and social unrest.
In February 2007,the United States's second-largest credit institutions at New Century Financial (New Century Financial Corporation) announced fourth quarter 2006 results will be a loss,the United States sub-loan crisis surfaced.More than a year in subsequent years,the risk of overall loan exposure times,mortgage companies the verge of bankruptcy,forced liquidation of hedge funds,investment banks,announced losses of commercial banks and insurance agencies have also suffered heavy losses,global stock markets drop,sub - loan-induced credit risk eventually evolved into a global financial crisis.The current round of meetings to explore the causes of credit crisis can make us draw a lesson from the crisis in our country to actively develop the financial markets at the same time,rational and prudent approach to development process of the accumulation of risk,strengthen risk prevention awareness,improve risk management capabilities to ensure that China's financial market stability and healthy development.
Sub-article of the United States to carry out a qualitative analysis of the crisis,the first sub-loan crisis on the United States are lack of government supervision and deficiencies in internal control mechanism,the banks of the combined effect of the results,then combining the existing problems of China's banking industry,the last of China's commercial banks to strengthen risk management mechanism for some of the proposed countermeasures.