Spring is blooming, everything is recovering, but for the domestic mortgage market, it has ushered in a "cold wind".
Recently, with the disclosure of the 2023 annual reports of major banks, a surprising data has surfaced: the scale of personal housing loans of the six major state-owned banks has shrunk significantly, with a total decrease of more than 500 billion yuan.
What does this change portend? Is it the inevitable result of property market regulation, or is it a subtle change in economic trends?
At the beginning, buying a house was the biggest dream in the hearts of countless people, and the family worked together to have a nest of their own in that reinforced concrete jungle. However, with the changes in the real estate market in recent years, the dream of buying a home seems to be becoming more and more out of reach. High housing prices have discouraged many people, and the downward pressure of the economy has made many people unable to make a down payment.
Against this backdrop, banks have become more cautious about the issuance of housing loans. After all, no one wants to swim at risk. The reduction in the balance of personal housing loans of the six major state-owned banks, as the main force in the issuance of housing loans, is undoubtedly the inevitable result of market adjustment. The balance of personal housing loans of the five major banks of industry, agriculture, China, construction and communications all decreased year-on-year, which undoubtedly cast a thick shadow on the property market.
However, in the midst of this dark cloud, there is a bright color that stands out. That is the Postal Savings Bank, as the only bank among the six major banks with an increase in the balance of personal housing loans, and its mortgage loan increment ranks first in the industry, with a net increase of about 76.2 billion yuan. This can't help but make people curious, what is the unique secret of the Postal Savings Bank, which can rise against the trend in the cold winter of the property market?
Perhaps, this is the embodiment of PSBC's unique market positioning and risk control capabilities. In the current situation of the sluggish property market, the Postal Savings Bank did not blindly follow the trend, but adhered to its own strategy, looking for those customers who really have the need to buy a house and the risk is controllable. This approach not only ensures the asset quality of the bank, but also wins the recognition of the market.
Of course, we cannot ignore the fact that the balance of personal housing loans of the Agricultural Bank of China has fallen the most. Behind this, it may reflect the over-expansion and insufficient risk control of the Agricultural Bank of China in the housing loan business. The year-on-year growth of ABC's personal consumption loans and personal business loans may be due to its adjustment of business structure and seeking new growth points.
"The mountains and rivers are full of doubts, and the willows and flowers are bright and another village. "Although the property market is cold in winter, there will always be a time when spring comes. As long as we maintain faith and persist in working hard, we believe that we will always find our own piece of sky. For banks, how to find a balance between risks and opportunities may be the key to future development.
There may be no clear answer to this question, but as long as we keep paying attention and thinking, I believe that we will always find a way to solve the problem. Let's look forward to that spring day!