China Banking Association Report: In the second half of the year

Zhongxin Jingwei, September 1st. The Bank of China Association issued the "2022 China Banking Development Report" (hereinafter referred to as the "Report") on September 1st, stating that as of the end of June 2022 At the beginning of the year, it increased by 13.7 trillion yuan; the balance of non -performing loans for commercial banks was 2.95 trillion yuan, an increase of 106.9 billion yuan from the beginning of the year; the non -performing loan ratio was 1.67%, a decrease of 0.06 percentage points from the beginning of the year. Credit, market and liquidity risks are generally controllable. It is expected that with the steady growth of the second half of the year, the promotion of the economy, and protecting the people's livelihood, the quality of the banking assets will be improved.

The "Report" summarizes the banking development of the banking industry in the first half of 2021 and the first half of 2022 from the overall operation, asset business, liabilities business, intermediate business, risk management, reform and transformation, respectively. Support scientific and technological innovation, and participate in key areas such as green finance, inclusive finance, non -performing asset disposal, and pension finance.

Overall, there are seven highlights in the current banking industry.

First, the economic and financial operation environment is complex and changeable, and the banking industry has accelerated high -quality development.

In terms of overall operation, as of the end of 2021, the total assets and total liabilities of banking financial institutions were 34.48 trillion yuan and 3.153 trillion yuan, respectively, a year -on -year increase of 7.8%and 7.6%, respectively. As of the end of the second quarter of 2022, the total assets and total liabilities of banking financial institutions reached 36.77 trillion yuan and 3.373 trillion yuan, a year -on -year growth rate of 9.4%and 9.5%.

The "Report" pointed out that on the one hand, the total credit volume of the banking industry has grown steadily, the credit structure continues to optimize, and focuses on supporting key areas and weak links in small and micro, green, manufacturing and other key areas; on the other hand, continue to deepen its own development and transformation, optimize business layout, , Strengthen financial innovation, effectively control the risks, maintain stable asset quality, have a stable and increase in capital adequacy ratios, continuously improved the overall business quality and efficiency, and continuously enhanced the sustainable development capacity.

Second, the return of the asset business to this source focuses on the main business, and the financial service real economy improves quality and efficiency.

In terms of asset business, the "Report" pointed out that the total credit investment in 2021 increased steadily. In 2021, RMB loans increased by 1.995 trillion yuan, an increase of 315 billion yuan year -on -year. The continuous optimization of the credit structure has further increased its support for the key areas and weak links of the national economy. As of the end of 2021, the balance of inclusive micro -loan was 1.923 trillion yuan, an increase of 27.3%year -on -year, and the number of credit households exceeded 44 million. The new manufacturing loan was 1.67 trillion yuan. Among them, the manufacturing industry's medium- and long -term loans increased by 31.8%, 18.1 percentage points higher than the growth rate of all industries in the medium and long -term loans of all industries, and the growth rate of medium- and long -term loans in high -tech manufacturing industry reached 32.8%.

At the same time, actively promote the downward cost of social financing, and support the real economy reached a new height. In 2021, the annual corporate loan interest rate was 4.61%, a decrease of 0.1 percentage points from 2020, a decrease of 0.69 percentage points from 2019. The lowest level over the years. As of the end of June 2022, the balance of RMB loans was 20.64 trillion yuan, an increase of 11.2%year -on -year, an increase of 13.7 trillion yuan from the beginning of the year, an increase of 919.2 billion yuan year -on -year.

The "Report" pointed out that banking financial institutions will continue to combine their own positioning, focusing on key areas and weakness in manufacturing, small and micro enterprises, green development, scientific and technological innovation, energy insurance supply, water conservancy infrastructure, rural rejuvenation, pension, epidemic trapped industries and other key areas and weak industries. As a link, increase loans. At the same time, in the process of steady growth, employment, and consumption, focusing on key businesses such as mortgage and personal consumption operations, and accelerating the layout of the retail loan field has also become a common choice for the banking industry.

Third, the continuous development of liability business has continued to develop, and the stability and structural diversity of sources have been further improved.

In terms of liability business, the "Report" pointed out that the banking industry has a liability pattern with diverse customer structures, diverse capital trading opponents, rich business varieties, and diversified emergency financing channels. As of the end of 2021, the balance of various domestic and foreign currency deposits of financial institutions was 23.86 trillion yuan, an increase of 20.2 trillion yuan from the end of 2020, an increase of 9.3%year -on -year. The introduction of the interest rate self -discipline pricing mechanism on June 21, 2021, optimized the determination of the upper limit of deposit interest rates, and promoted the further marketization of deposit interest rates.

As of the end of June 2022, the balance of various domestic and foreign deposits of financial institutions was 25.77 trillion yuan, an increase of 10.5%year -on -year. Among them, the incremental scale of the regular deposit of residents and non -financial enterprises exceeds 2021, and the stability of the deposit sources has been further strengthened.

The banking financial institutions will continue to adhere to digital transformation to reduce the cost of deposit, and the large -scale trading banks and major wealth management driving the scale of deposits will continue to increase.

Fourth, the income of intermediate business has grown steadily, and each business continues to show a differentiated development trend.

In terms of intermediate business, the "Report" pointed out that taking 41 listed banks as an example, the net revenue of the handling fee and commission in 2021 was 845.03 billion yuan, an increase of 8.2%year -on -year; 100 million yuan, an increase of 3.5%year -on -year, accounting for 17.0%of operating income.

At present, traditional intermediate businesses such as bank cards and settlement are still dominated by income, but intermediate businesses such as wealth management, hosting, and investment banking have also been actively developed. The open bank's operation model is affecting the business format of commercial banks, and the thinking concept of "openness, cooperation, and win -win" has gradually integrated into the development and transformation of commercial banks. On the one hand, for internal operations, commercial banks will actively explore the use of open bank thinking concepts, optimize their own organizational structure, form an efficient and agile response mechanism, and improve the efficiency of intermediate business operations. On the other hand Seeking external partners, combined with third -party innovation products and service mechanisms, providing three -dimensional, multi -level intermediate business -related services, and creating greater value for customers. Fifth, credit, market and liquidity risks are generally controllable, and continue to help financial stability and financial security.

In terms of risk management, the "Report" pointed out that in 2021, a total of 3.1 trillion yuan of non -performing assets in the banking industry, the disposal of high -risk banking financial institutions in an orderly manner, and the scale of credit shadow banks decreased by 4.2 trillion yuan from the beginning of the year. The existing rectification tasks have been basically completed, and positive progress has been made to prevent and resolve the risks of large enterprise groups. The rectification of relevant financial business rectification of Internet platform enterprises has been promoted in an orderly manner.

As of the end of 2021, the balance of non -performing loans of commercial banks was 2847 billion yuan, and the non -performing loan ratio fell to 1.73%quarter by quarter, a decrease of 0.11 percentage points from the end of 2020, a new low since 2018. At the same time, commercial banks have maintained a prudent provision policy. The balance of loan loss reserve was 5605.9 billion yuan, an increase of 622.5 billion yuan from the end of 2020, an increase of 130 billion yuan year -on -year.

As of the end of the second quarter of 2022, the balance of non -performing loans of commercial banks was 2.95 trillion yuan, an increase of 106.9 billion yuan from the beginning of the year; the non -performing loan ratio was 1.67%, a decrease of 0.06 percentage points from the beginning of the year.

The "Report" predicts that with the steady growth of the second half of the year, the promotion of the economy, and protecting the people's livelihood, the quality of the banking assets will be improved margin.

Sixth, explore the transformation and reform of new paths, accumulate high -quality development new kinetic energy.

In terms of reform and transformation, the "Report" proposes the direction of reform and transformation of commercial banks.

First, the company's level of modernization has continued to improve. The banking financial institution incorporates the party's leadership into all aspects of the company's governance, and the diversified equity structure has gradually formed, and the company's governance operation mechanism that operates, balanced, and coordinated the development of independent operations, effective checks and balances, and coordinated development is increasing. Strengthen the external market constraints, optimize the governance environment; increase communication efforts, enhance the initiative of information disclosure; focus on exerting the role of industry associations and provide greater support for industry development.

Secondly, the wealth management business has accelerated the transformation and upgrading. The banking financial institution actively participates in the "big asset management" chain of "wealth management -asset management -investment bank". On the one hand, it is realizing the transformation from the seller model to the buyer model, continuously strengthening the construction of investment and research teams, improving products Screening capabilities and large -scale asset allocation capabilities; on the other hand, further promote the digital transformation of wealth management, strengthen internal and external cooperation, and build a wealth management ecosystem.

Finally, the new model of digital development is accelerated. The banking financial institutions continue to increase the investment in digital transformation resources around the "data+technology+platform". By digital transformation of business operations, data governance, financial technology, risk management, and organizational structure The new model of banking digital development continues to consolidate the foundation of digital transformation; at the same time, focusing on customer full life cycle management, creating smart customer service models, strengthening consumer rights protection, exploring digital transformation based on service experience, service content, service methods and service quality develop.

Seventh, focusing on the "14th Five -Year Plan" key areas, and continuously improve the quality of the real economy.

In the special research articles, the "Report" statistics, in supporting high -level scientific and technological innovation and self -reliance. As of the end of 2021, banking financial institutions increased by 23.2%year -on -year, which was 12.1 percentage points higher than the average growth rate of all loans. Essence

In terms of green finance, the "Report" pointed out that as of the end of the second quarter of 2022, the balance of green loans of local and foreign currencies was 1.955 trillion yuan, an increase of 40.4%year -on -year, which was 29.6 percentage points higher than the growth rate of various loans. Among them, the balance of loans with direct and indirect carbon reduction benefits was 8 trillion yuan and 4.93 trillion yuan, respectively, accounting for 66.2%of the balance of green loan. Biological diversity protection has become a new field of green financial support, in -depth excavation of transformation of financial potential, and increasingly enhanced information disclosure. (Zhongxin Jingwei APP)

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Editor in charge: Wang Lei

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