三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

  Home>News Center>China
       
 

Banks show improvement in capital strength
By Zhang Dingmin (China Daily)
Updated: 2004-12-02 14:04

China's ongoing macro management has helped catalyze major improvements in the local banking industry, although lending risks have been amplified in certain areas, the nation's banking regulator said yesterday.


Liu Mingkang, chairman of the China Banking Regulatory Commission, attends a meeting in this April 23, 2004 file photo. [newsphoto]
The average ratio of non-performing loans (NPLs) for major Chinese commercial banks, which include the four State-owned commercial banks and the 12 joint-stock commercial banks, dipped by 4.39 percentage points to 13.37 per cent at the end of September, it said.

Seven more Chinese banks have managed to bring their capital adequacy ratios (CAR) up to the 8 per cent regulatory requirement this year. Another six are expected to achieve the same goal by the end of the year, bringing the total of CAR-compliant banks to 21 and increasing their share in all banking assets to 44.8 per cent.

"It was an unprecedented and significant improvement in the Chinese banking industry that 21 banks could meet the requirement in such a short period of time, and that their share (of total assets) had grown from merely 0.56 per cent to nearly half of the total," Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC), told a press conference.

Weak capital strength has long been a major problem hindering the development of the local banking industry. Only eight smaller Chinese lenders met the minimal 8 per cent CAR requirement at the end of last year.

A man walks past billboards of foreign banks in Shanghai, October 24, 2004. [newsphoto]
The problem has been particularly worrying this year as the State stepped up tightening measures to cool down frenzied investment and loan growth, which many fear will create more bad loans weighing the banks' already weak balance sheets.

But banking authorities have made macro-management an opportunity to enforce the use of capital restraint among local banks as a way of managing their asset expansion.

The CBRC issued its first CAR rules in the middle of the year, requiring major commercial banks and the majority of city commercial banks to meet the minimal requirement by the end of 2006.

Liu said his commission has been urging commercial banks this year to categorize their loans accurately according to the internationally-accepted five-category loan classification system, set aside adequate bad loan provision, and calculate their CAR numbers.

"We were happy to see improvements fairly soon," he said, citing a significant 24 billion yuan (US$2.9 billion) increase in core capital of the 16 major commercial banks this year. "That was unprecedented," he said.

The major banks also issued a combined 73.7 billion yuan (US$8.8 billion) in subordinated bonds this year, the proceeds of which are calculated as non-core capital.

The aggregate CAR of the major banks increased by 2.23 percentage points from the end of last year.

"All the banks have started to learn to use capital restraint in containing their blind asset expansion," Liu said.

The banking industry will still manage to reduce its aggregate NPL level, in terms of both total amount and ratio, although lending risks have been accumulating in certain areas, the official said.

Local banks are facing increased lending risks from illegitimate projects such as university parks and urban renovation schemes as well as fixed investment projects that were cancelled during the macro-management, he said.

"But we need to thank macro management, or the development of such risks may bog down more bank loans," Liu said.

A number of fixed investment projects, many in overheated areas such as steel and cement, were halted by the government this year.

As the banks contained their lending to overheated sectors, they also stepped up support to key sectors such as coal, electricity, oil and transportation, with total credits to those sectors increasing by 13.6 per cent on a year-on-year basis in the first three quarters of the year, Liu said.



 
  Today's Top News     Top China News
 

Banks show improvement in capital strength

 

   
 

Prudent course charted for 2005 deckhead

 

   
 

All 166 trapped miners confirmed dead

 

   
 

Male homosexuals estimated up to 12.5m

 

   
 

Skyworth scandal ignites stocks sell-off

 

   
 

Hot car sales in China cool down

 

   
  All 166 trapped miners confirmed dead
   
  Peasoup dips over nation while snow's on the way
   
  New technology to strengthen flight safety
   
  Chinese leaders value role of economic audit
   
  Ferry promotes links between mainland, island
   
  Beijing prepares to meet press
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Foreign banks given new entree
   
HSB receives approval to set up Beijing branch
   
CBRC: Bank reforms are key issue
   
Bank rates raised for first time in a decade
   
Banking asset quality improves
   
State-owned banks lag behind in competitiveness
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 亚洲精品久久午夜香蕉 | 精品国产免费一区二区三区五区 | 91专区在线观看 | 国产你懂得| 91短视频版在线观看www | 在线日本看片免费人成视久网 | 日韩高清特级特黄毛片 | 玖玖玖免费观看视频 | 国产高清视频免费在线观看 | 国产精品亚洲一区在线播放 | 国语自产拍天天在线 | 黄色网免费 | 手机在线看黄色 | 亚洲国产精品免费在线观看 | 免费日本黄色网址 | 亚洲日韩中文字幕 | 免费伊人 | jizzjizzjizz亚洲护士 | 国产精品亚洲精品日韩已满 | 国产亚洲精品久久精品6 | 欧美一级久久久久久久大片 | 亚洲国产欧美在线 | 久久riav二区三区 | 成人精品一区二区三区中文字幕 | 免费网站在线观看国产v片 免费网站成人亚洲 | 50岁老女人毛片一级亚洲 | 国产精品密播放国产免费看 | 色在线免费视频 | 美国一级毛片片aaa 美国一级毛片片aa久久综合 | 97视频免费公开成人福利 | 91亚洲精品一区二区福利 | 日韩专区中文字幕 | 日本中文字幕一区二区 | 伊人影院久久 | 在线视频观看亚洲 | 丝袜超薄交口足456免费视频 | 久久999视频 | 成人的天堂视频一区二区三区 | 亚洲精品久久久久久中文字幕小说 | 精品亚洲视频在线观看 | 欧美三级a做爰在线观看 |