With more than 800 million rural inhabitants, these banks represent the principal savings institutions for rural Chinese.
The big challenge for all these institutions is to unlock the vast amount of savings lying in poorly managed savings institutions controlled by the government.
But both venerable British savings institutions are in the decline in the UK. There are some who believe that most defined benefit schemes will be wound up within half a century, so they're unlikely to be buyers of debt that will outlive them.
And I think it largely reflects their fears that if they fail to reflect the mood of the public that businesses have to be kept on the straight and narrow, the greater public will decided to take their savings to institutions whose relationship with businesses is more responsible.
Savings and loan institutions, recent victims of the flat yield curve with huge redemptions in outstanding fixed-mortgage paper, will be able to operate at wider spreads.
Then there is the argument, put forward by David Llewellyn, professor of banking at Loughborough University, that allowing the mutuals to die out will mean a less diverse range of institutions offering savings and mortgages, leading to weaker competition and so to higher prices.
On April 1st Mr Nakabo becomes head of Japan's version of the Resolution Trust Corporation, the company set up to recover loans made by America's Savings-and-Loans institutions.
Not only that, but it was unclear what exactly the target should be, since money could be defined in different ways: narrowly, as cash and demand deposits held with commercial banks, or broadly, including savings deposits with other financial institutions.
Even splitting postal savings into 20 pieces would create big institutions that would dwarf many regional banks.
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For decades, the federal government capped the interest rates financial institutions paid on checking and savings accounts, which forced banks to differentiate themselves in other ways, often with gifts.
If total costs fall more than five per cent compared with those of a matched set of control patients, the program allows institutions to keep part of the savings.
Their savings and qualifications were rendered worthless, the institutions for which they worked were either abolished or ruined, and they were forced to rent out their big, shabby flats to pushy foreign consultants half their age.
Given the Fed's recent move to raise interest rates and the expectation of more hikes to come, savings from offshoring look even more attractive to lending institutions in search of new ways to boost the bottom line.
Prepaid tuition plans, also called guaranteed savings plans, are administered by states and higher education institutions.
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Polls consistently show that the majority of Argentines now have so little faith in their financial institutions that in future they will stuff their savings under the mattress as soon as they can get access to them.
But to start with, all of these countries have long histories up to the present of institutions that really serve small savers - things like post office savings, savings banks.
Microfinance Institutions are currently holding a lot of financial resources in both credit and savings and if not properly managed and controlled, they can be cause a risk to the financial sector.
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The firm's move deeper into the asset-management business comes as more Japanese financial institutions seek to tap the huge amounts of household money sitting in low-interest savings accounts, but often lack the expertise in offering them attractive products.
According to him, other countries' miserly consumers and institutions, faced with a dearth of good investment opportunities at home, are pouring their savings into American credit markets, providing ultra-cheap funds for the government, and American consumers, to borrow.
Because our savings are over-insured, we don't stop to consider the activities or the health of the institutions we bank with.
Not many microfinance institutions offer the services that people need most after a catastrophe: insurance, and access to their savings and to remittances from their families and friends.
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