2012 China Banking Industry - Top ten trends and outlook(4)

Policy Is the Person in

Although real estate prices may drop by 10 to 15 Control of Fate”, January

In 2012, banks may face higher levels of default for percent, the intermediate business revenue of banks is 9, 2012, http://finance.jrj.loans in real estate and related industries. In the past few very high; many banks have a profit level of 50 to 100 /house/2012/01/

09073912000685.shtml.

years, the CBRC has conducted several rounds of stress percent. Even if falling real estate prices incur some 11 Guangzhou Daily, tests on real estate loans. The Commission found that losses, it may not have much of an impact on the overall “Industry Expects That the breadth and depth of real estate risks are further earnings of banks. However, we still need to note that Non-mainstream Real

Estate Enterprises Will

expanding, but that the supervisory and regulatory falling real estate prices will increase risks regarding Dump Assets”, December authorities believe these risks to be controllable for a the quality of commercial bank assets, leading to 21, 2011, http://www.number of reasons. First, the proportion of real estate increased default risks for loans in real estate and related /fc/02/201112/

t20111221_3178416.html.

credit loan assets in China’s banking system is relatively industries. Falling real estate prices will also affect land 12 Liu Mingkang, China Bank-low, and among all loans, the proportion is below 20 and related industries, and therefore the quality of other ing Regulatory Commission, percent. Second, China has maintained effective control commercial and local financing platform loans. It is our October 19, 2011, CEO of real estate financial derivatives in the banking industry, hope that, as the major financing channel for the real Organization Summit.

13

the volume of securitized products is extremely limited, estate industry, the banking industry can actively grasp China Business News,

November 14, 2011, “Bank

other innovations such as the ratio of collective trusts the macro-trend in the real estate market, and respond Real Estate Loan Stress Test over the balance of real estate loans is only around 4 cautiously to real estate credit risks.Has Blind Spots, and Hidden percent, and the risk characteristics are relatively simple. Real Estate-related Loans

May Reach 10 Trillion Yuan”

Third, from the perspective of the specific structure of 14 Xun Yugen, “Real Estate real estate loans, the loan to house price ratio for about Turns Out in Full Force”,

Securities Market Weekly,

December 3, 2011.

2012 China Banking Industry Top Ten Trends and Outlook—Enhancing Capital Management, Meeting New Challenges5

2012 China Banking Industry - Top ten trends and outlook

III. Commercial banks actively engaged in finding a solution to financing problems for small and medium enterprises15 National Bureau of

Statistics.

16 NETEASE Finance “Zhang

Zhigang of Cinda Securities:

70% of Small and Medium

Enterprises Find It Difficult

to Get Financing”, August

31, 2011.

17 China Banking Regula-

tory Commission, “China

Banking Industry Operation

Report (2011)”, February

15, 2012.

18 Guangzhou Daily,

November 21, 2011, “Banks

Make Greater Efforts to

Expand Small and Medium

Enterprise Loan Scale”.

19 Sohu, December 23, 2011,

“Nine Financial and Taxa-

tion Policies and Measures

of the State [Council] to

Resolve Financing Difficul-

ties for Small and Micro-

enterprises”.

6As an important component of the national economy, small and medium-sized enterprises constitute a vital economic group and play an increasingly important role in areas such as promoting China’s economic prosperity, increasing employment, driving innovation and accelerating the birth of new industries. More than 99 percent of enterprises throughout the country are small and medium enterprises. Their contribution to GDP is over 60 percent and their contribution to tax revenue exceeds 50 percent. These same institutions have created about 80 percent of employment positions in urban areas.15 Financing difficulties, however, are holding back small and medium enterprises. Currently, 70 percent of these institutions are facing financing difficulties.16 The situation of funding shortfalls for all but the largest enterprises in China is related to both tightened liquidity and expanded demand for capital to support rapid growth. Since the end of 2010, when China implemented a prudent monetary policy, banks have been actively engaged in expanding credit to small and medium enterprises. Although competition for good-quality loans is high, these enterprises are attractive borrowers due to higher returns from healthy interest rates and lower costs of capital. Based on a Deloitte study of the industry, the average interest rate premium on small and medium enterprise loans can be more than 20 to 30 percent, and the interest rate for micro-enterprise credit loans may go up by 200 percent. In the past two years, all banks have begun to develop small and medium enterprise business in practice. Some banks focus on this segment as a strategic core business; most large commercial banks have established a primary department responsible for this segment. As of year-end 2011, all financial institution loans totaled 54.8 trillion yuan. The balance of the small and medium enterprise loans was 10.8 trillion yuan, and accounted for 19.6 percent of all loans. The year-end balance was 25.8 percent higher than the same period the previous year, and exceeded the average growth rate for all loans by 10 percentage points.17 Currently, joint-stock banks have taken the lead in developing loan business for small and micro enterprises. Minsheng Bank has adopted a mature management model t …… 此处隐藏：6505字，全部文档内容请下载后查看。喜欢就下载吧 ……