We will continue to promote the service of the real economy, and local financial strength will inject new momentum into the development of the Greater Bay Area

Source of this article: Times Finance Author: Wan Jin

Recently, according to relevant data such as Enterprise Early Warning Communication, Times Finance compiled and released the "2023 Times Finance China Banking Industry "Growth and Leading Power" List", and Bank of Guangzhou was listed in the Top 50 Leading Forces with various excellent indicators.

Since its establishment, Bank of Guangzhou has relied on the excellent situation of China's economic take-off and taken advantage of Guangdong's reform and opening up to continue to develop steadily. As the largest legal person city commercial bank in Guangdong Province, Bank of Guangzhou has developed remarkably in recent years and has become an important engine to help local economic and social construction. At present, Bank of Guangzhou is moving forward steadily, with a financial service network of "based in Guangzhou, covering the Pearl River Delta and extending to the Yangtze River Delta", consolidating the high-quality development strength of the whole bank, helping Guangdong's high-quality development goals, and constantly writing a new chapter of "financial services real economy".

Shortlisted in the top 50 leading forces, continuous and stable operation

The "2023 China Banking Industry "Growth and Leading Power" List" compiled and released by Times Finance comprehensively evaluates the performance of each bank according to indicators such as the net core tier 1 capital, net profit growth rate and non-performing loan ratio decline rate of each bank in 2022. In the "Times Finance Top 50 Leading Banks List", Bank of Guangzhou ranked 24th in the total score, ranking first among the city commercial banks in the list.

Looking at the past 2022, Bank of Guangzhou handed over a beautiful "report card" of business quality and efficiency. By the end of 2022, the total assets of Bank of Guangzhou were nearly 800 billion yuan, a year-on-year increase of 10.25%; The loan scale exceeded 448.5 billion yuan, a year-on-year increase of 15.56%.

At the same time, in order to further optimize and balance the asset structure, Bank of Guangzhou continues to seek transformation and play a "combined fist" of stable growth and structural adjustment. Specifically, Bank of Guangzhou is continuing to increase the investment in credit assets of service entities, and simultaneously strengthening and expanding retail credit assets, anchoring the "main track" of high-quality development.

Inclusive small and micro is one of the directions that Bank of Guangzhou has deeply cultivated. Data show that by the end of 2022, the balance of inclusive small and micro loans exceeded 18.2 billion yuan, an increase of more than 4.9 billion yuan from the beginning of the year, an increase of 36.82%, achieving "incremental expansion and cost reduction" and continuing to increase financial concessions to the real economy.

At present, through the cumulative launch of more than 10 special products, such as the all-online credit product "Guangyi Loan", the non-repayment renewal loan product "Lianlian Loan", and the intellectual property pledge product "Zhiyi Loan", Bank of Guangzhou's small and medium-sized customer base is constantly growing, the inclusive customer base is growing rapidly, the retail customer base has increased significantly, and the customer structure is becoming more and more stable.

Always resonating with the national and local economic development at the same frequency and in the same direction, the "new pattern" of high-quality development of Bank of Guangzhou is also gradually taking shape. In 2022, the balance of manufacturing loans, strategic emerging industry loans and green financing of Bank of Guangzhou increased by 33.91%, 123.86% and 36.83% respectively over the previous year, and continued to help regional industries transform into high-end, intelligent and green with professional financial services.

Non-interest income is also a highlight for Bank of Guangzhou. At present, the bank's asset business and wealth management business continue to grow, focusing on building the "Red Cotton Wealth Management" brand, launching nearly 200 wealth management products covering five series, driving the continuous optimization of the income structure. In order to meet the diversified wealth management needs of urban and rural residents, Bank of Guangzhou has set up Southbound and Northbound business channels and launched the Cross-boundary Wealth Management Connect business, injecting new momentum into the integration and development of the Greater Bay Area. As of the end of 2022, the wealth management balance of Guangzhou Bank was nearly 61.3 billion yuan, and the scale of wealth management business ranked first among commercial banks in cities under the jurisdiction of Guangdong Province.

Keep up with the construction of the Greater Bay Area and serve the real economy

Serving the real economy and ensuring the livelihood of the society is the mission of the banking industry, and it is an important responsibility of city commercial banks to deeply cultivate the local area and help the regional economic development.

Recently, the "Guangzhou Nansha New Area (Free Trade Area) Ten Measures to Promote the High-quality Development of Manufacturing Industry" (referred to as the "Manufacturing Ten") was officially issued. In order to respond to and consciously serve the overall situation of high-quality development of the province and city, and fully integrate into the major strategic deployment of Guangdong's manufacturing industry leader and Guangzhou's manufacturing city, Bank of Guangzhou adheres to the financial origin of service entities and continues to increase credit investment by focusing on key areas such as manufacturing, inclusive finance, and green finance.

In order to guide credit resources to the manufacturing industry, especially the technological transformation and upgrading manufacturing industry, Bank of Guangzhou has deeply cultivated "specialized, specialized and new" enterprises and manufacturing enterprises with technological transformation and upgrading needs, launched an action plan for specialized, specialized, special and new and technological transformation customer groups, established a linkage and parallel operation mechanism for key enterprises or projects, and provided relevant enterprises with strong support in various aspects such as priority arrangement of loan lines, green approval channels, and FTP pricing preferences. By the end of 2022, the balance of manufacturing loans of the whole bank was nearly 17 billion yuan, an increase of 33.91% over the beginning of the year.

At present, one year has passed since the release of the Master Plan for Deepening Guangdong-Hong Kong-Macao Comprehensive Cooperation in Guangzhou Nansha Facing the World (the "Nansha Plan"). The Nansha Plan clearly proposes to promote the deep integration of finance, technology and industry, explore new business models of innovative technology financial services, and provide more financial support for Hong Kong and Macao scientific research institutions and innovative carriers in Nansha.

On the road of supporting the development of strategic emerging industries in Guangdong Province, Bank of Guangzhou has successively set up professional departments such as supply chain finance and industrial finance at the head office level around emerging industries such as electronic information, biomedicine, new energy, new materials, and high-end equipment, set up professional teams, innovated product service systems, and formed a new business operation model for the service industry. By the end of 2022, the Bank's loans for strategic emerging industries exceeded RMB14.8 billion, an increase of 123.86% over the beginning of the year.

It is worth noting that under the background of the national "dual carbon" goal and the empowerment of Guangdong's green beauty ecological construction with finance, green finance contains great development opportunities.

In order to promote the development of green finance, Bank of Guangzhou has increased financing support for key areas such as energy conservation and environmental protection, clean production, and clean energy, and developed a green financial product system around hot environmental protection fields such as "soil, water, gas, and forests". In terms of team building, we will actively promote the construction of green professional sub-branches, set up a professional green credit team, and build a green finance management mechanism; In terms of business practice, we have participated in the construction of the Guangzhou carbon market in multiple dimensions, accelerated the layout of carbon rights and carbon sink assets, and promoted the implementation of carbon emission quota pledge financing. By the end of 2022, the bank's green financing balance exceeded 57.2 billion yuan, an increase of 36.83% over the beginning of the year, ranking among the top in the industry.

"Loans" stimulate the development of rural industries, strengthen villages and enrich the people and help enterprises

To help rural revitalization, financial power has great potential.

In June this year, five departments, including the People's Bank of China, the State Administration of Financial Supervision and the China Securities Regulatory Commission, jointly issued the "Guiding Opinions on Financial Support for Comprehensively Promoting Rural Revitalization and Accelerating the Construction of an Agricultural Power", which clearly proposed to strengthen financial support for agricultural science and technology equipment and green development.

Bank of Guangzhou actively responded to the national rural revitalization strategy, conscientiously implemented the decision-making and deployment of the province and municipality on the implementation of the "High-quality Development Project of 100 Counties, Thousands of Towns and Thousands of Villages", coordinated the promotion of rural revitalization, formulated regionalized urban-rural integration policies, set up branches with agriculture-related characteristics, focused on promoting the integrated development of modern agricultural industries, and contributed "Guangyin power" to the construction of a new pattern of coordinated development of urban and rural areas.

In order to support the financing needs of modern agricultural industrial parks and rural pastoral complexes, Bank of Guangzhou has innovatively launched more than 10 special products related to agriculture, including agricultural orders "agricultural procurement loan", agricultural production facilities "agricultural machinery loan", live livestock and poultry "pig pledge loan", rural construction "beautiful rural revitalization loan", green environmental protection "preferential land loan" and "solid waste loan", etc. Cooperate with a number of banks, insurance, funds, guarantees, industry associations, agricultural leading enterprises and other relevant institutions to establish a financial support platform with four major functions: information integration, product innovation, integration of industry and finance, and agricultural supermarket, and broaden the financing channels of agricultural enterprises; Explore the introduction of large state-owned enterprises such as provincial and municipal agricultural reclamation and supply and marketing cooperatives, as well as important local agricultural product e-commerce platforms such as Qingyuan Public Innovation Space and Dianqiao.com, and carry out online supply chain financing.

At the same time, in order to achieve the goal of strengthening villages and enriching the people and helping enterprises, Bank of Guangzhou has also increased its efforts to help extend the chain and ensure supply. Vigorously promote the financing of modern agricultural industry, issue marketing guidelines for modern agricultural industry, provide all-round financial support to key customers such as agricultural leading enterprises and agricultural industrial parks, and have supported 137 new agricultural entities as of the end of June 2023, with a cumulative credit amount of more than 7.5 billion yuan. Actively support "vegetable basket" operating enterprises and production bases, etc., and have issued loans of more than 900 million yuan to 14 "vegetable basket" production bases and product processing enterprises in Guangdong, Hong Kong and Macao; Through pig mortgages and special bonds for rural revitalization, nearly 300 million yuan of financing has been provided for enterprises to expand the scale of pig production and carry out the modernization of pig farms.

Recently, Bank of Guangzhou's case of "helping to build a leading place for rural revitalization and revitalizing ancient villages with new brilliance" stood out with its innovation and representativeness, and was successfully selected as the "2023 ESG Annual Social Responsibility Model Case in the Banking Industry". Bank of Guangzhou will continue to consolidate and improve the achievements of rural revitalization, and continue to reflect new responsibilities and show new achievements in building a new pattern of coordinated development of urban and rural areas.