Guangdong Banking and Insurance Regulatory Bureau: Last year, the total assets of the banking industry in Guangdong Province were 32.04 trillion yuan, an increase of 8.34% year-on-year

21st Century Business Herald reporter Ye Wheat Sui Guangzhou report On January 20, the Guangdong Banking Association held the 2021 Guangdong Banking Press Conference. Chen Xiaoyong, member of the Party Committee and deputy director of the Guangdong Banking and Insurance Regulatory Bureau, attended the meeting and introduced the reform, development and supervision of The banking industry in Guangdong in 2021.

Chen Xiaoyong said that in 2021, Guangdong's banking industry will maintain a smooth operation and good momentum. At the end of 2021, the total assets of the banking industry in Guangdong Province were 32.04 trillion yuan, an increase of 8.34% year-on-year, and the total liabilities were 30.88 trillion yuan, an increase of 8.16% year-on-year. The total assets of the banking industry under its jurisdiction (excluding Shenzhen, the same below) were 20.77 trillion yuan, an increase of 8.62% year-on-year; of which the balance of various loans was 14.09 trillion yuan, an increase of 13.54% year-on-year. Total liabilities were 20 trillion yuan, an increase of 8.26% year-on-year; of which the balance of deposits was 16.51 trillion yuan, an increase of 7.77% year-on-year. The cumulative net profit was 197.298 billion yuan, an increase of 5.23% year-on-year. The non-performing loan ratio was 0.94%, and the balance of non-performing loans and the non-performing loan ratio achieved a "double decline". The provision coverage ratio was 226.1%, up 17.88 percentage points from the beginning of the year, maintaining a high level.

Chen Xiaoyong introduced the "Eight Major" achievements of Guangdong's banking reform, development and supervision in 2021.

First, finance continues to return to its roots and serve the high-quality development of Guangdong's economy. The banking industry under its jurisdiction adheres to its duty of serving the real economy, and the balance of loans to the real economy increased by 15.2% year-on-year. The service manufacturing industry has reached a new high. The balance of manufacturing loans was 1.7 trillion yuan, an increase of 21.7% year-on-year; the balance of loans for advanced manufacturing and strategic emerging industries increased by 15.9% and 70.76% respectively year-on-year.

Second, the incremental expansion of inclusive finance, the improvement of quality and cost reduction, and the effective protection of financial services for small and micro enterprises. Establish a "five-in-one" inclusive financial supervision mechanism, and comprehensively meet the standards of inclusive financial indicators. In terms of "increment", the balance of loans for small and micro enterprises was nearly 3.5 trillion yuan, an increase of 18.52% year-on-year, of which the balance of inclusive small and micro enterprise loans was 1.53 trillion yuan, an increase of 32.51% year-on-year. In terms of "expansion", the number of inclusive small and micro enterprises with loan balances was 1.4498 million, an increase of 263,600 from the beginning of the year. In terms of "quality improvement", the renewal of loans and credit loans for small and micro enterprises increased by 44.44% and 33.67% respectively year-on-year; the balance of loans for small and micro enterprises in the "silver tax interaction" category exceeded the 100 billion mark for the first time. In terms of "cost reduction", we will promote fee reduction and profit reduction, and the interest rate of newly issued inclusive small and micro enterprise loans in 2021 will drop by 0.3 percentage points on the basis of 0.84 percentage points in 2020.

Third, sink the focus of financial services, consolidate and expand the results of poverty alleviation and effectively connect with rural revitalization. Give play to the role of supervision and leadership, and contribute more financial strength to the revitalization of Rural Areas in Guangdong. The supply of agriculture-related credit continued to expand. Agriculture-related loans within the jurisdiction reached 1.7 trillion yuan, an increase of 12.8% year-on-year, and the growth rate of inclusive agriculture-related loans was nearly 10 percentage points higher than that of various loans. To support the integrated development of urban and rural areas, the balance of loans for infrastructure projects such as rural public roads was 240.04 billion yuan, an increase of 9.1% year-on-year, and increase support for key areas such as modern agricultural industrial parks.

Fourth, the reform and innovation of green finance will be deepened, and the overall situation of carbon peaking and carbon neutrality strategy will be effectively served. Guiding institutions take customer carbon performance as an important reference for credit granting, improve the green service system around the three aspects of pollution reduction, carbon reduction and greening, innovate green financial products, and promote the green transformation of economy and society.

Fifth, financial connectivity continues to deepen, and the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the Hengqin Guangdong-Macao In-depth Cooperation Zone has accelerated. Take the initiative and take the first two steps to provide financial support for the construction of a first-class bay area full of vitality and international competitiveness. Innovative cross-border financial products and services. Promote the pilot implementation of the "cross-border wealth management connect" business, and support 20 pilot banks in the jurisdiction to expand their business, with a business scale of 486 million yuan. Continue to deepen the reform of "release and management services". The prior examination and approval of the main access matters of bank branches and below, insurance branch companies and institutions below and their senior executives in the 8 cities in the Guangdong-Hong Kong-Macao Greater Bay Area has been completely cancelled, and more than 3,600 administrative licensing matters have been optimized.

Sixth, practicing the people-centered development concept, the financial consumer rights protection work system is increasingly perfect. Combined with the practical activities of "I do practical things for the masses", we will effectively protect the rights and interests of financial consumers. Strengthen the construction of consumer protection work mechanisms. Strictly implement consumer protection supervision and evaluation, implement the main responsibility of institutions, and punish 54 times and 73 person-times for various acts that harm the rights and interests of consumers, with a penalty amount of 19.15 million yuan. Solidly promote the construction of a diversified dispute resolution system. High standards to build a positive and consumer protection center, the establishment of "small amount of fast treatment, simple mediation, expert mediation, judicial confirmation" integrated processing mechanism. Improve financial services for special groups. Improve the level of age-appropriate financial services, establish 13 service standards, and build 2,079 age-appropriate and convenient business outlets. 1.3 billion yuan of student loans were issued to 160,000 poor students, covering 129 counties and 135 colleges and universities in the province. Open up green channels for veterans and their families and launch exclusive credit products.

Seventh, firmly adhere to the bottom line of risks, and continue to consolidate the results of the battle to prevent and resolve financial risks. Adhere to risk-oriented supervision and earnestly adhere to the bottom line of no systemic regional risks. Improve corporate governance as a top priority. Promote the deep integration of party leadership and corporate governance, and standardize the performance of duties by "directors and supervisors". Resolve credit risks in an orderly manner. Continue to promote the disposal of non-performing loans, properly dispose of the risks of group customers, and dispose of non-performing assets in the whole year of more than 130 billion yuan. Maintain the stable and healthy development of the real estate market. Adhere to the positioning of "housing and not speculation", guide banking institutions to support buyers' reasonable housing needs, and maintain the overall stability of real estate loans in the whole jurisdiction, accounting for more than 90% of the first suite loans. In response to real estate credit violations, 49 banks and 55 responsible persons were punished, and the total amount of fines and confiscations was 43.27 million yuan. Crack down illegal financial activities. Ban a number of illegal institutions such as the "Federal Reserve Eurasian Bank" and the "American Red Flag Bank" in accordance with the law, and crack down on malicious evasion of the debts of agricultural cooperative institutions.

Eighth, the modernization of supervision has been steadily advanced, and the efficiency of supervision has been effectively improved. Actively study the practice map of "smart supervision", steadily promote the implementation and application of digital transformation projects, and promote the quality and efficiency of supervision. Planned to build the "Guangdong Banking and Insurance Regulatory Bureau Blockchain Huixiang Platform", and successfully selected as a national blockchain innovation application pilot. Independently developed the "Big Data Risk Early Warning System" to achieve efficient and efficient cross-bank fund tracking and regulatory data analysis. Promote the application of federal learning research, and apply it in the field of risk identification such as public loans and consumer credit. Enrich the regulatory technology toolbox and establish intelligent inspection laboratories. Independently developed the online access filing system, launched the "Internet + government services" platform, and greatly improved the efficiency of administrative licensing.

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