In recent years, what is the progress of the reform of local small and medium-sized banks? Facing the fierce competition in the county financial market, how can small and medium-sized rural banks improve their competitiveness? What are the key tasks of the reform of urban commercial banks? Heads of relevant departments of the CBRC explained their doubts one by one at the briefing of the CBRC on May 20. In recent years, the reform of rural small and medium-sized banks, urban commercial banks and other local small and medium-sized banks has made steady progress. The heads of relevant departments of the CBRC disclosed the relevant progress at the meeting. In terms of disposal of non-performing assets, rural small and medium-sized banks have disposed of 627 high-risk rural small and medium-sized banks and disposed of 2.6 trillion yuan of non-performing loans since 2018, exceeding the sum of the previous 10 years; In terms of urban commercial banks, from 2017 to 2021, the cumulative disposal of non-performing loans was 1.8 trillion yuan, 5.2 times the cumulative disposal from 2011 to 2016. At the same time, local small and medium-sized banks should increase capital supplement and enhance their capital strength and ability to resist risks. The capital of small and medium-sized banks was supplemented by special local government bonds, and 289 rural small and medium-sized banks received 133.4 billion yuan of capital injection; The cbcirc has approved the supplementary capital plan of 104.6 billion yuan for 39 Urban Commercial Banks in 13 provinces. The chaos of shareholders' equity has been initially curbed. In terms of rural small and medium-sized banks, from 2018 to 2020, more than 4000 shareholders were restricted from voting rights and ordered to transfer more than 6 billion shares; In terms of urban commercial banks, they strengthened the penetration review of shareholders, carried out special rectification of equity and related party transactions, disclosed major illegal shareholders, and dismissed problematic shareholders in accordance with the law. "The risks of rural small and medium-sized banks are generally controllable and convergent. However, from the perspective of stock, the volume of risks accumulated in history in some areas is large, and disposal efforts need to be continuously strengthened; from the perspective of increment, the risks brought by the impact of the epidemic, economic transformation and industrial reform will gradually appear." The person in charge of relevant departments of the CBRC said. The sustainable development of small and medium-sized rural banks faces five challenges. The person in charge of relevant departments of the CBRC said that first, the path of the party's leadership into corporate governance needs to be improved; Second, there are defects in shareholder equity management and corporate governance; Third, the risk disposal resources in some areas are insufficient; Fourth, the legal system of risk prevention and control is not perfect; Fifth, the competition in the county financial market is fierce. The person in charge of relevant departments of the CBRC said that small and medium-sized rural banks should actively adapt to the development of county areas and the changes of financial supply and demand, guide and improve the financial services of "new citizens" and expand effective credit; For small and micro enterprises that are greatly affected by the epidemic but are willing to repay and have strong employability, maintain stable credit support and tide over the difficulties together. The person in charge of relevant departments of the China Banking and Insurance Regulatory Commission admitted that some urban commercial banks had risks, which exposed that their corporate governance was in vain, major shareholders took shares in a decentralized manner, took them by surprise, insider control, serious corruption, institutions deviated from their positioning and expanded savagely, and business risks accumulated rapidly until they broke out in an all-round way. There are also some risk events of urban commercial banks, which expose the collusion of corrupt executives, illegal business owners and corrupt supervisors of urban commercial banks, and the deep interweaving of financial corruption and financial risks. The above person in charge said that in the next step, we should take improving corporate governance as the top priority of the reform of urban commercial banks, strengthen the supervision of shareholders' equity, promote the formation of effective self-discipline and achieve high-quality development. In addition, the regulatory authorities will adhere to the positioning of "supervision surnamed supervision", strengthen the linkage and coordination with the discipline inspection and supervision departments, and promote the financial anti-corruption and disposal of financial risks. (Xinhua News Agency)