5 banking institutions speak out in a centralized manner!

On December 28, the State Administration of Financial Supervision organized a special press conference, at which the relevant business leaders from China Development Bank, Industrial and Commercial Bank of China, China Merchants Bank, Bank of Jiangsu, and Qinghai Rural Credit Union introduced the situation of "doing a good job in five major articles and serving the real economy with high quality".

China Development Bank: The balance of infrastructure loans in the first 11 months has exceeded 7.7 trillion yuan

Liu Peiyong, chief business officer and general manager of the business development department of China Development Bank, said that as of the end of November this year, the balance of infrastructure loans of China Development Bank had exceeded 7.7 trillion yuan, and it has always played the role of a major bank serving infrastructure construction.

In this regard, Liu Peiyong said that the China Development Bank will focus on its main responsibilities and main business, actively serve the counter-cyclical and cross-cyclical adjustment of macro policies, optimize the supply of funds, maintain the steady growth of policy-based development business, and allocate valuable financial resources to the strategic direction, key areas and weak links of high-quality development.

On the one hand, the service has comprehensively strengthened infrastructure construction. Focusing on network-based infrastructure such as transportation, energy, and water conservancy, industrial upgrading infrastructure such as information, science and technology, and logistics, urban infrastructure, agricultural and rural infrastructure, and national security infrastructure, we will give full play to the advantages of medium- and long-term loans for development finance, continue to optimize and improve credit policies, and actively support the 102 major projects identified in the national "14th Five-Year Plan" and major projects identified in the national special plan, so as to help expand domestic demand and profitable investment.

On the other hand, we should do a good job in financial services in key areas. We will increase financial services for high-level scientific and technological self-reliance and self-reliance, strategic emerging industries and high-tech manufacturing, and support the improvement of the resilience and security of industrial and supply chains. Actively support coordinated regional development and rural revitalization, and contribute to national food and energy security. With the implementation of the RMB 350 billion financing window and the special loan for the Belt and Road Initiative, we will help the high-quality Belt and Road Initiative to deepen and solidify the Belt and Road Initiative and serve high-level opening-up.

ICBC: ESG risk management requires in-depth cooperation between the banking and insurance industries

"In the past, banks were familiar with traditional risks such as credit risk, operational risk, market risk and country risk, but with the deepening of our entire social governance, new risks continue to emerge, and it is more difficult to identify risks. Li Duo, the main person in charge of the credit and investment management department of ICBC, mentioned the relationship between the development and security of green finance.

In recent years, green finance business has become a "must fight" for banks. Taking the situation of the four major state-owned banks in the first three quarters of this year as an example, the balance of green credit business (loans) of Agricultural Bank of China and China Construction Bank has approached the 4 trillion yuan mark, reaching 3.8 trillion yuan and 3.65 trillion yuan respectively, Bank of China's domestic green credit balance has increased the fastest among the four major banks, reaching 45.19%, and ICBC's green loan balance has reached 3.98 trillion yuan by the end of 2022, and in the first three quarters of this year, green loans increased by more than 30% Based on this calculation, the balance of ICBC's green loans has exceeded 5 trillion yuan.

Li Duo said that ICBC has raised green finance to the level of the bank's strategy to promote it as a whole, established a relatively complete green finance governance structure, and formed a green finance strategy promotion system under the unified leadership of the board of directors, the leadership of the management, the division of labor and cooperation of various departments, the innovation and implementation of branches, and the participation of all employees.

As a field with a high degree of innovation in products and services, risk control and security in the development of green finance have become a key content. In June 2022, the former China Banking and Insurance Regulatory Commission (CBIRC) issued the Guidelines for Green Finance in the Banking and Insurance Industries, requiring banking and insurance institutions to establish a leadership and coordination mechanism for green finance work, and encourage innovation in green financial systems and mechanisms under the premise of legal compliance and controllable risks.

Li Duo said that after the issuance of the Guidelines for Green Finance in the Banking and Insurance Industries, ICBC has built a relatively complete ESG (environmental, social and governance) risk management system by implementing the whole process management of green finance, pioneering green classification management of investment and financing, launching the first green guide for investment and financing in the industry, establishing an intelligent management and control mechanism for ESG risks, and increasing research and exploration of new environmental risks such as climate risks and biodiversity risks.

"ESG risk management is not only the work of the banking and insurance industry itself, but also involves the process of in-depth cooperation between the banking industry and the insurance industry," Li Duo pointed out, Li Duo pointed out that in practice, some corporate customers and individual customers have suffered losses due to the failure to take corresponding insurance emergency measures, and banks need to provide more effective prompts or advise customers to make early judgments on abnormal risks in the future.

China Merchants Bank: IPO technology enterprise service coverage rate reached 88.4% in the past three years

"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, President of the Corporate Finance Headquarters of China Merchants Bank, pointed out that after the Central Financial Work Conference, the first batch of 6 key branches of China Merchants Bank to carry out the pilot project of science and technology finance has been expanded to 11, and will be further expanded to 20 in 2024.

Among the five major articles on doing a good job in finance proposed by the Central Financial Work Conference, science and technology finance ranked first.

"Start-up and growth stage technology enterprises have the characteristics of large upfront investment, strong technical uncertainty, asset-light operation, and no traditional collateral, and it is difficult to meet the bank credit requirements according to the traditional evaluation model based on the historical operating data and financial data of the enterprise. Hou Weirong said. But for tech companies, the start-up and growth period is precisely the period when capital is most scarce.

Hou Weirong believes that in order to give greater credit support to science and technology enterprises, it is necessary to establish a credit evaluation and risk identification system that combines the characteristics of science and technology enterprises. In this regard, China Merchants Bank has established a multi-dimensional evaluation system for scientific and technological innovation capabilities, created standardized and online financing products, and strengthened loan risk control, and evaluated the sustainability of enterprise operations based on the core competitiveness formed by the company's past development, the future market prospect of its current core patents, and the evaluation of the government and external investment institutions.

Bank of Jiangsu: With a sweep and a little click, small and micro enterprises can obtain loan approval and disbursement online

"Small and micro enterprises have a wide range of large amounts, short and frequent payments, different enterprise characteristics are different, differentiated and personalized financial needs are more prominent, and the use of scientific and technological means is particularly important. Luo Feng, member of the Party Committee and vice president of Bank of Jiangsu, believes that all banking institutions are actively using financial technology to expand the service coverage of small and micro enterprises and improve service efficiency.

At present, there are more than 14 million market entities in Jiangsu, ranking second in the country. As the largest corporate bank in Jiangsu Province, how to use the advantages of digital technology to improve the financial service experience of huge market players is a must-answer question.

Luo Feng pointed out that Bank of Jiangsu has launched a full-line smart product "e-loan" through the integration of guarantees, mortgages, credit and other methods. Customers only need to scan and click to realize online loan application, online approval, and online disbursement. At present, this product has served 140,000 small and micro customers. At the same time, Bank of Jiangsu has also launched an "integrated" smart service. We will build digital platforms such as "Suyin Gold Butler" and "Talent Treasure Box" to provide small and micro enterprises with comprehensive services such as treasury management and policy consultation covering "production, supply and marketing, human resources and financial resources".

Qinghai Rural Credit Co., Ltd.: More than 70% of the province's agriculture-related loans are invested with 14% of the deposits of financial institutions in the province

"We have invested more than 70% of the province's agriculture-related loans with only 14% of the deposits of the province's financial institutions. Sang Rengeng, member of the Party Committee and deputy director of Qinghai Rural Credit Union, pointed out that up to now, Qinghai Rural Credit has invested 43.5 billion yuan in agriculture-related loans this year, and the balance of agriculture-related loans accounts for 80.35% of the total loan balance of the whole system.

Among them, a series of special credit products such as "three livestock mortgage loans", "ramen loans" and "yak loans" have met the diversified financial needs of farmers and herdsmen in Qinghai.

Sang Rengeng said that in the next step, Qinghai Rural Credit will build a new system on the "ramen loan", that is, to solve the problem of applying for loans for groups of workers and operators in other places through the Internet and scientific and technological means, realize the "high-quality" and accurate delivery of rural industrial credit, promote the realization of "point-to-point" direct access to rural financial resources and the "face-to-face" docking of agricultural business entities, enhance the driving effect of industry linking agriculture with farmers, and promote farmers and herdsmen to increase their income and get rich.

Editor-in-charge: Wang Yunpeng

Proofreading: Wang Chaoquan