2011 in the first week, the Agricultural Bank, Industrial Bank and Minsheng Bank have issued a public notice, the disclosure of a total of about 86.5 billion financing plan. Pressure response to the need for capital in 2010, listed banks have launched a large-scale re-financing operations, just enter 2011, the listed banks announced large-scale re-financing plan, which from one side of the proof of commercial bank's capital adequacy is not optimistic.
due to extensive lending and regulators continue to raise the capital
line with the national response to the international financial crisis and promote steady and rapid economic development package, since the since the end of 2008, commercial bank credit showed extraordinary growth. New lending in 2009 reached a record high of 9.6 trillion yuan in 2010, total new loans reached 7.95 trillion yuan, exceeding 7.5 trillion yuan in early development of the credit scale, more than 4,000 billion yuan, two years, the amount of new credit up to 17.5 trillion yuan. Market liquidity, the sufficiency condition from 2009 into the current liberal state. Rapid growth of loans to commercial banks not only directly increase the current capital requirements, credit losses and credit through two interrelated channels of supply affects the long-term commercial bank capital adequacy standards.
making the global spread of financial crisis and banking regulators concerned about the risk of a high degree of control. The rapid growth of credit led to such a concern and rapid escalation into a regulatory upgrade. To enhance the bank to deal with economic cycles and changes in market conditions the anti-risk ability, since 2008, regulators issued new rules aimed at strengthening capital regulation, such as the establishment of dynamic capital and dynamic according to the requirements of provisions to improve the level of capital adequacy standards, improve the capital complementary mechanism and so on. Subject to external supervision and complete the dual pressures of their own drive to improve capital adequacy ratio of commercial banks into the general requirements. Capital Market in 2010 combined with a more adequate liquidity, the banks have chosen to promote capital market financing.
2010, China's banking sector achieved the largest ever financing, 16, 14 listed banks in the completion of financing, fund-raising total of more than 341.3 billion yuan, of which 276.3 billion yuan of direct financing, accounting for the amount of A-share market financing Jinsan Cheng.
through refinancing, of course, commercial banks can improve their capital adequacy ratio, improve their risk resistance capacity to protect the sustained and healthy development, but people want to see commercial banks, sources of funding from external to internal transfer, gradually establish a internal capital accumulation as the leading capital supplement mechanism. After all, a large number of frequently directly from the capital market,
is to some extent in view of the above issues to consider, after 2010, large-scale program. However, early this year, Societe Generale and people's livelihood will be dished out three banks 86.5 billion financing plan should not be easily launched a large-scale refinancing operations start again, that commercial bank capital standards in 2011 still face enormous pressure.
leading commercial banks, a number of factors weighing on the capital if you want a fundamental reversal in 2011 need to pay a huge effort. SW recently released report predicts strong demand for credit in the real economy and national credit under the regulation of the game between the two, in January, although the quantity of credit than the same period in 2009 and 2010, the amount put down, but not fall to too low level. Also from market sources said the surge in bank credit since the New Year, individual banks had to be suspended even in the end of the month loans to curb excessive growth of credit.
from commercial banks to consider the current profit model, banks do have the larger interests of the internal drive to maintain relatively fast growth of credit assets. The current increase in interest income from bank First Bank of the main ways to increase the size of interest-earning assets, and second, deposit and lending spreads increase, deposit and loan interest rates can not be determined independently in the case of credit expansion will become the bank's profit guarantee. Therefore, if commercial banks can not proceed from the overall business strategy to develop and maintain a reasonable growth of total credit will face difficulties.
2011, the regulators of the capital Dynamic adjustment of the difference between reserves and credit control system headed by the new tools coming to the fore this year, the central bank will be based on each bank's capital adequacy ratio, risk status to dynamically adjust their lending capacity. In addition, China's regulators are also stepping up its own national conditions and draw up new rules for banking supervision, or will the importance of banking system, the buffer capital, dynamic provisioning and other issues put forward new requirements. The gradual introduction of these new regulations, will be put forward higher requirements for bank capital.
addition to the capital to explore multi-channel complementary channels, the commercial banks should focus on promoting the business of structural optimization, change the over-reliance on wholesale capital occupied by high credit situation, and to develop the retail business and intermediate business and other low-occupancy-based capital business, control the excessive growth of risk assets, positive direction to the capital intensive restructuring. Only changes to achieve the above, commercial bank capital management pressure to get the fundamental solution to the problem.
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