Bank Deposit And Loan Ratio And Refinancing Pressure "Double Relief"

The CBRC recently issued the notice on supporting commercial banks to further improve the financial services of small enterprises (hereinafter referred to as the "notice"), focusing on the support of small business loans with a single household value of 5 million yuan (below).

It is understood that in the notice, the CBRC issued a number of preferential policies for small business loans with a single amount of less than 5 million yuan (inclusive), including the classification of loan types, the ratio of deposit to loan ratio, the rate of non-performing loans, and other indicators, and directly linked to the policy of bank access.

Guo Tianyong, director of the banking research center of Central University of Finance and Economics, said in an interview with the Securities Daily reporter that the new policy promulgated reflects the idea of differentiated supervision by regulators and is an important measure.

　　 Differentiated examination

"Small business financing can not rely on loosening monetary policy. This new regulation can help commercial banks form a more effective incentive mechanism and more willing to make small business loans, which is in line with the concept of improving financial services by commercial banks promoted by regulators," he said.

According to the notice, Risk cost Commercial banks with adequate measurement, adequate capital and adequate provision, and good financial services for small businesses have been identified by the regulatory authorities, and the relevant regulatory indicators can be differentiated.

"The new policy will help banks further develop small businesses' financial services. Especially for the joint-stock banks with relatively high deposit and loan, after the implementation of the daily average loan ratio regulation, the development of small business loan business can alleviate the pressure of loan to deposit ratio to a certain extent. In addition, reducing the risk weights of small business loans will raise the level of capital adequacy ratio of commercial banks. For banks, it is inclined to give loans to small businesses on regulatory standards, which will encourage banks to develop this business, "Guo Tianyong said.

Guo Jin securities analyst Chen Jiangang also believes that the notice will help improve commercial banks. Capital adequacy The rate level, to a certain extent, alleviate the pressure of refinancing, and hedge the impact of the risk weighting of real estate development loans and infrastructure loans in rumors. In addition, the issue of small business loans corresponding to the issuance of financial bonds is not included in the scope of loan to deposit ratio assessment, so as to ease the pressure on the daily average loan to deposit ratio of listed banks. Not only that, but because of the higher proportion of the loan interest rate of small businesses, the policy tilt will help to raise the interest rate of banks. At the same time, we should solve the financing difficulties of small enterprises and reduce the risk of non-performing loans for small businesses.

Specifically, according to the notice, on the basis of the new Basel Capital Accord, the commercial banks that use the internal rating method to calculate the capital adequacy ratio allow them to treat the small business loans with a single household under 5 million yuan (below) as the retail loans. The commercial banks that do not use the internal rating method to calculate the capital adequacy ratio can be regarded as retail loans for a small business loan of 5 million yuan (below).

Since not all listed banks have announced the balance of the scale of small business loans, Chen Jiangang only made calculations on the listed banks that made relevant announcements. The static calculation shows that Nanjing, CCB, people's livelihood and Ningbo have a larger income, raising capital adequacy ratio by 1.07%, 0.82%, 0.69% and 0.79% respectively, but considering the rapid development of the loan business of the people's livelihood, Chen Jiangang believes that the Minsheng Bank is still the most beneficiary in the future.