65438+1October 65438+June, five state-owned banks, namely Industrial and Commercial Bank of China (60 1398), Agricultural Bank, China Construction Bank, Bank of China and Bank of Communications, all issued relevant announcements on the positive effects of serving the real economy in the first three quarters. The data shows that in the first three quarters, the credit scale of state-owned banks increased rapidly, and the credit structure was further optimized. In addition, the Postal Savings Bank also disclosed the customer loan data in the first three quarters on June 10, and the core financial indicators such as income and profit have improved.
A few days ago, the latest financial and social financing data released by the central bank showed that the scale of new credit and social financing in China was considerable in the first three quarters, and the scale of new credit and social financing increased more than expected in September. Among them, RMB loans increased by 2.47 trillion yuan in September, an increase of 865.438+008 billion yuan over the same period of last year; In September, social integration increased by 3.53 trillion yuan, 624.5 billion yuan more than the same period last year.
Industry researchers pointed out that with the implementation of various stable economic policies in the fourth quarter, credit expansion in infrastructure, manufacturing, real estate and other fields is expected to continue to form a strong support for the growth rate of credit and social financing in the fourth quarter, which will help the economic operation to remain in a reasonable range.
State-owned banks act quickly.
1June 16, the five major state-owned banks and China Life Insurance (60 1628) issued announcements one after another, revealing the related achievements of large state-owned financial institutions in supporting the development of the real economy in the first three quarters, which is helpful to stabilize the economic market and give full play to the pillar role of state-owned financial institutions.
China Industrial and Commercial Bank announced that in the first three quarters, it issued more than 5 trillion yuan of investment and financing for the real economy. In terms of maintaining the rapid growth of new investment and financing, as of the end of September this year, the bank's domestic RMB loan balance increased by 2.2 trillion yuan compared with the end of last year, maintaining its leading position in the industry, with an increase of 457.3 billion yuan year-on-year. In optimizing the credit structure, the bank has achieved rapid growth in infrastructure, manufacturing and green loans, scientific and technological innovation, inclusive finance and rural revitalization, with a number of loans increasing by more than 30%. At the same time, guide the financing cost of the real economy to decline and help stabilize market players.
China Construction Bank announced that the bank's credit scale has achieved rapid growth, and its operating performance is in line with management's expectations. By the end of September, the bank's RMB loans were nearly 20 trillion yuan, an increase of 2. 1 trillion yuan compared with the end of last year, and an increase of nearly 520 billion yuan year-on-year. The resource allocation structure was further optimized. The bank said that it adheres to the concept of comprehensive risk management, constantly improves the risk control mechanism of three lines of defense, parent-subsidiary companies and domestic and foreign cooperation, strengthens refined management and maintains stable asset quality. In the first three quarters, the core indicators such as return on assets, capital adequacy ratio and net interest margin remained at the forefront of the industry.
The Agricultural Bank of China announced that its businesses have developed steadily and its operating performance has improved steadily. Increasing financial support for manufacturing, infrastructure construction, science and technology enterprises, private enterprises and inclusive small and micro enterprises, effectively meeting the financing needs of various market entities, will help stabilize the economic market and increase RMB loans by 2.2 trillion yuan. The bank said that in the first three quarters, the financial fundamentals of the bank were generally stable, the asset scale achieved rapid growth, the asset quality continued to improve, and new progress was made in core financial indicators such as income and profit.
Bank of China announced 42 support measures in 8 aspects, which achieved remarkable results in serving the real economy and achieved good growth in total loans. At the end of the third quarter, customer loans increased by 65,438+0.69 trillion yuan compared with the beginning of the year, reaching 65,438+07.41trillion yuan, an increase of 65,438+00.78%. Continue to increase financing support for key areas, improve the efficiency of credit approval and delivery, and support the trapped subjects to get out of trouble. At the same time, in the first three quarters, domestic institutions of the bank handled international settlement business of about 2.6 trillion US dollars, ranking first in the industry in market share.
Bank of Communications announced its initiative to serve the real economy. In the first nine months of this year, the total financing of the company exceeded 800 billion yuan. Among them, domestic RMB loans increased by 644.4 billion yuan compared with the end of last year, with an increase rate of 10.63%, an increase of 95 billion yuan over the same period of last year. In the first nine months, incremental loans in Beijing, Tianjin, Hebei, Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area accounted for more than 60%. At the end of September, the personal financial assets (AUM) managed by domestic banks exceeded 4.5 trillion yuan, an increase of 7.22% over the end of last year. By the end of September, the balance and ratio of non-performing loans had decreased compared with the end of June, and the asset quality remained stable.
1June 10, the Postal Savings Bank announced that in the first three quarters, the bank's total customer loans exceeded 7 trillion yuan, an increase of more than 10% compared with the end of last year, and the growth rate reached a record high in the same period of history; The total customer deposits exceeded 12 trillion yuan, an increase of more than 8% compared with the end of last year. New progress has been made in core financial indicators such as income and profit, income structure has been optimized, operating efficiency has been improved, and asset quality has continued to maintain an excellent level. In the process of serving the real economy, we have constantly exerted our own characteristics and advantages and achieved positive results.
In addition to state-owned banks, China Life also announced on June 16 that it would give full play to the long-term stability of insurance funds and support the development of the real economy. By the end of September, the company's investment in serving the real economy exceeded 3.3 trillion yuan; It has undertaken more than 200 major illness insurance projects nationwide, covering nearly 350 million people.
Economic operation kinetic energy repair
Normal financing needs will also recover accordingly.
1June 1 1 day, the latest financial and social financing data released by the central bank showed that new RMB loans in September increased by 8 108 billion yuan year-on-year, significantly higher than the 39 billion yuan in August; The increase in social integration changed from a small increase in August to an increase of 624.5 billion yuan. In the first three quarters of this year, RMB loans and social financing increased by 1.36 trillion yuan and 30 1 trillion yuan respectively.
Zhang Xu, chief fixed income analyst of Everbright Securities, said that the improvement of financial data in September was a comprehensive reflection of the joint efforts of many recent policies. At the same time, with the recovery of the kinetic energy of economic operation, the normal financing demand has also recovered accordingly.
Wen Bin, chief economist of Minsheng Bank, believes that the scale of new residential loans in September continued to increase by 654.38+0923 billion yuan compared with last month, of which short-term loans increased by 303.8 billion yuan, which continued to improve on the basis of last month's growth, indicating that residents' consumer confidence continued to recover. At the same time, with the further increase of interest rate cuts, tax cuts and policies on both the supply and demand sides of the real estate market, market confidence has gradually recovered, the profit rate of real estate sales has improved, boosting the demand for mortgage loans of residents, and the medium and long-term loans of residents have increased by 345.6 billion yuan, the highest level since the third quarter.
The increase in social financing in September also exceeded expectations, reaching 624.5 billion yuan to 3.53 trillion yuan more than the same period of last year. Wang Qing, chief macro analyst of Oriental Jincheng, said that RMB loans invested in the real economy increased by about 800 billion yuan year-on-year. At the same time, two off-balance-sheet financing, entrusted loans and trust loans, also made great positive contributions to the year-on-year increase of social financing in that month.
A few days ago, the third regular meeting of the Monetary Policy Committee of the People's Bank of China pointed out that it is necessary to strengthen cross-cyclical and counter-cyclical adjustment, intensify the implementation of prudent monetary policy, give full play to the dual functions of monetary policy tools in aggregate and structure, take the initiative to deal with difficulties, provide stronger support for the real economy, and strive to stabilize employment and prices and stabilize the macroeconomic market.