The establishment of (a) the implementation of the commercial bank franchise system
Commercial banks chartered by the state, issuing bank operating license sector is . Concession approval process mainly: first filed by the applicant, and then be reviewed by the. Formal examination to clarify the various application documents, whether the information is complete, comply with the law; substantive examination to ascertain whether the applicant meets the conditions of the operation of commercial banking. After being examined by the other documents required by law and the official application form will be filled out by the applicant, the information submitted franchise approved and issued business licenses. It is worth mentioning that the power is completely owned by the state franchise approved, in line with the conditions established commercial banks does not mean that will be able to obtain operating licenses.
(Ii) commercial banks are corporate
Commercial banks have a corporate nature , has legal status. Enterprises are economic organizations , for-profit; the organization is a legal person, but its scope includes not only business but also non-corporate organizations and groups. Corporate treated as a compound word, which itself is a classification of legal persons. Our 1986 "Civil Law" There are corporate and non-corporate legal classification. Corporate is engaged in production and operations, in order to create social wealth , to expand social accumulated for the purpose of implementation of economic accounting system for legal persons. December 29, 1993 by the "People's Republic of China Company Law" (the "Law") will be divided into two categories corporate three forms. The first is the limited liability company , limited liability companies and state-owned limited liability company by the two forms of disabilities if shareholders Gongtongtouzi composition; second is the Limited , the shares of these companies public offering and may be in the form of stock traded. Commercial Bank of organizational forms and institutional settings should comply with "Company Law".
Thus, the legal nature of China's commercial banks are chartered corporate.