High-quality development is the primary task of building a modern socialist country in an all-round way, and finance should provide high-quality services for economic and social development. Focusing on how to improve the quality and efficiency of financial services for the real economy, the Central Financial Work Conference pointed out that it is necessary to do a good job in science and technology finance, green finance, inclusive finance, pension finance, and digital finance.
On December 28, the State Administration of Financial Supervision held a press conference, at which the relevant persons in charge of the Development Bank, Industrial and Commercial Bank of China, China Merchants Bank, Bank of Jiangsu, and Qinghai Rural Credit Union introduced their respective experiences, practices and typical cases on how to "do a good job in five major articles and serve the real economy with high quality".
Do a good job in infrastructure construction and financial services
Doing a good job in infrastructure construction and financial services is the main responsibility and main business of China Development Bank. As of the end of November this year, the balance of infrastructure loans of the Development Bank exceeded 7.7 trillion yuan, and it has always played the role of a major bank serving infrastructure construction.
According to Liu Peiyong, Chief Business Officer and General Manager of the Business Development Department of the Development Bank, the Development Bank focuses on promoting the deep integration of science and technology and finance, helping to promote the construction of major scientific and technological infrastructure, and serving the development of new productive forces such as strategic emerging industries. For example, it supports the construction of 5G networks and fixed broadband networks, and supports the construction of "Eastern Data and Western Computing" projects such as national integrated computing network nodes and artificial intelligence computing centers.
In the field of green finance, the Development Bank (DBB) has focused on serving carbon peak and carbon neutrality, and has continued to support green and low-carbon development in areas such as energy, transportation, urban and rural development, and environmental infrastructure construction. For example, we will increase support for the clean energy industry, help the photovoltaic industry and the integrated protection of mountains, rivers, forests, fields, lakes, grasslands and sands, and focus on supporting the construction of green and low-carbon energy base projects focusing on deserts, Gobi and deserts.
In addition, in the field of inclusive finance, as of the end of November, the bank had issued a total of 25.8 billion yuan of farmland construction loans, and it is expected to build 4.5 million mu of high-standard farmland.
Integrate "green" into all kinds of financial services
According to Li Duo, the main person in charge of the credit and investment management department of ICBC, the bank has fully integrated green finance into various financial services. Forward-looking adjustment of investment and financing layout and structure, vigorously support clean energy, green transportation, energy conservation and environmental protection and other fields, embed enterprise technology, environmental protection, energy consumption and other indicators into customer and project selection criteria, and support differentiated policies from assessment, authorization, pricing, scale, capital and other aspects. We will continue to expand the coverage of comprehensive green finance services. For example, a personal carbon account is launched in mobile banking, and green points can be exchanged to encourage green consumption. The bank has continued to strengthen the innovation of green financial products, and has issued a total of US$19.9 billion of green financial bonds overseas and RMB80 billion of green financial bonds domestically.
In the process of promoting the development of green finance, it is crucial for banking and insurance institutions to effectively identify, monitor, prevent and control environmental, social and governance risks in their business activities.
"ICBC has actively implemented the relevant requirements of the Guidelines for Green Finance in the Banking and Insurance Industries, and has built a relatively complete ESG (environmental, social and governance) risk management system in accordance with the path of 'active prevention, intelligent control and comprehensive management'. Li Duo focused on the importance of strengthening climate risk management. He said that banks should strengthen and improve the identification of climate risks, among which they should actively connect with relevant research institutions and data storage institutions, and look forward to understanding the changes in abnormal climate risks in various regions from the data level. Focusing on the possible losses caused by risks, banks should improve the internal stress testing system based on data and models. In addition, there must be a complete set of perfect operation guarantee mechanism.
Multi-dimensional scientific and technological innovation ability evaluation system "refuels" science and technology enterprises
Dr. Wang, who graduated from Tsinghua University, specializes in the research of capacitive materials, and the Tsingyan Electronic Technology Co., Ltd. founded by him is in its infancy, which requires a large and continuous R&D investment, but there is still a funding gap after multiple rounds of equity financing. After learning about this situation, China Merchants Bank provided 5 million yuan of credit loan support for the enterprise based on the equity investment data that the enterprise had obtained, and cooperated with the government department to handle interest rate discounts for the enterprise, helping the enterprise save 70% of the interest.
The case told by Hou Weirong, President of the Corporate Finance Headquarters of China Merchants Bank, vividly illustrates the importance of financial support for the development of science and technology enterprises.
According to reports, China Merchants Bank has established a multi-dimensional evaluation system for scientific and technological innovation capabilities, and created standardized and online financing products. Based on the nine strategic emerging industries, according to the different growth stages of science and technology enterprises, and making full use of the big data of multi-dimensional scientific and technological innovation attributes such as capital market performance, enterprise talents, national awards, and patent strength, a qualification scoring model matrix of science and technology enterprises has been established to form an exclusive risk assessment model and risk control strategy. Establish a "qualification score" model for science and technology enterprises, and on this basis, create a standardized financing product for science and technology enterprises, "science and technology loan", and give appropriate credit to science and technology enterprises that focus on R&D investment and have sustainable technological output.
"At present, the Bank has served more than 130,000 technology enterprise customers, 60% of the service coverage rate of specialized, special and new 'little giant' enterprises, 88.4% of IPO technology enterprises in the past three years, 93.6% and 78.1% of enterprises listed on the Science and Technology Innovation Board and the Beijing Stock Exchange, respectively, and the balance of general loans for science and technology enterprises has exceeded 420 billion yuan. Hou Weirong said.
More data runs away and enterprises run less errands
Small and micro enterprises have a wide range of large amounts, short and frequent loans, and differentiated and personalized financial needs are more prominent, so it is particularly important to use data technology in the service process.
Luo Feng, member of the Party Committee and vice president of Bank of Jiangsu, said that the bank actively explores innovative applications such as the Internet and big data, and has formed a distinctive digital service system in serving small and micro enterprises. In order to build digital ecological scenarios, on the one hand, we will increase the link with the ecological scenarios where small and micro enterprises such as smart cities and digital government affairs gather, and integrate them into local credit big data centers, talent cloud platforms and other scenarios, and on the other hand, we will build small and micro digital service platforms such as smart and open "Sui e-Rong" applets, Suyinjin housekeeper with comprehensive services, and talent treasure box integrating policy information, so as to promote the extension of digital financial services to non-traditional fields. Focusing on the needs of enterprises, the bank strengthened the adaptation of digital products. For first-time borrowers, micro-borrowers, self-employed individuals, new citizens and other groups, 69 three-dimensional strategy models in 20 items in 4 categories, including industry, region, customer group, and behavior, are constructed to improve the accuracy and effectiveness of services.
In addition, Bank of Jiangsu focused on speeding up and increasing efficiency, reshaping processes, simplifying operations, and breaking through the blockages of complicated and slow financing. Enterprises can "scan, pat and talk" through WeChat, and complete identity authentication, loan application, and loan signing without leaving home. On the basis of enriching and improving the automatic approval model, the system decision-making response speed is improved through technologies such as code slimming, interface integration, and process merging, so that the loan approval result can be known without waiting.
Multi-dimensional efforts to solve the credit bottleneck of farmers and herdsmen
It has set up 358 township outlets and 3,028 village-level financial service points benefiting farmers, so that "basic finance does not leave the village and comprehensive finance does not leave the township (town)"; it has innovatively launched a series of special credit products such as "yak loan", "ramen loan" and "three livestock (livestock) loan", and has invested 43.5 billion yuan in agriculture-related loans this year, accounting for 80.35% of the total balance of agriculture-related loans...... At the press conference, Sang Rengeng, member of the Party Committee and deputy director of Qinghai Rural Credit Union, showed the bank's inclusive financial "report card".
In the face of the situation that Qinghai Province is vast and sparsely populated, multi-ethnic groups live together, the task of ecological construction is arduous, and the basic financial services are weak, Qinghai Rural Credit Co., Ltd. has made great efforts to solve the credit bottleneck of lack of information, confidence and credit for farmers and herdsmen, and to improve the financial availability of farmers and herdsmen.
According to reports, Qinghai Rural Credit has made full use of the construction of the credit system in agricultural and pastoral areas to carry out the work of "whole village credit". At present, the coverage rate of credit users, villages, townships and counties has been assessed to be 76%, 83%, 86% and 64% respectively, and the credit users have achieved due diligence evaluation, and all of them have adopted one-time credit and recycling, pure credit and low interest rates, and the average credit amount of farmers and herdsmen has reached 94,000 yuan.
In addition, through the dual-base linkage mechanism with village-level and township-level party organizations, the advantages of grass-roots party organizations and the advantages of rural commercial banks in capital, technology and risk control are interconnected, covering 96% of the administrative villages in the province, and the "dual-base linkage cloud office" has been established in combination with the construction of digital villages to broaden new channels for farmers and herdsmen to apply for loans.
Source: Financial Times client
Reporter: Xu Beibei
Editor: Yang Zhiyuan
Email: [email protected]