Traditional Culture Encyclopedia - Traditional festivals - The commercial banking law provides that commercial banks have or may have a credit crisis seriously affect the depositors.

The commercial banking law provides that commercial banks have or may have a credit crisis seriously affect the depositors.

Is the questioner asking "Can a bank take over a commercial bank that has had or may have a credit crisis that severely affects depositors under the Commercial Banking Act?"? Yes.

. According to the query of the official website of the Chinese legal network, when a commercial bank credit crisis, serious impact on the interests of depositors, according to the provisions of the Commercial Bank Law, the State Council Banking Supervision and Administration Agency can take over the bank. The purpose of the receivership is to take necessary measures against the commercial bank under receivership in order to protect the interests of depositors and restore the normal operating capacity of the commercial bank.