The Shandong Branch of the Agricultural Development Bank of China strictly implements the risk reporting mechanism

Source: People's Daily - Shandong Channel

The Shandong Branch of the Agricultural Development Bank of China attaches great importance to the construction of a comprehensive risk management system, adheres to the system as the criterion, takes compliance as the principle, and takes data as the guide to further strengthen the comprehensive risk management. On October 26, Xue Ying, member of the Party Committee and vice president of the Provincial Bank, presided over the 17th meeting of the Risk and Internal Control Management Committee in 2021 to study the relevant documents of the head office, listen to the comprehensive risk management report of the provincial bank in the third quarter and the risk management report of the front office business department in the third quarter, and arrange the deployment of comprehensive risk management work.

Organize thematic learning. Organize the member offices of the Risk Control Commission to study the "Notice on Further Clarifying the Risk Reporting Mechanism", and the member offices and offices combine their own responsibilities and centralized management of risk types to exchange and discuss, and further unify their thinking and improve their understanding from the perspective of strengthening comprehensive risk management and maintaining asset quality and safety.

Refine reporting mechanisms. Sort out and formulate the "Requirements for the Submission of Various Risk Reports", refine the content and time limit requirements for the submission of risk reports from the three aspects of "when to report", "what to report" and "how to report", emphasize that each risk centralized management department and each front-end business department should dynamically monitor all kinds of risks involved in the work of the line, and complete the writing and submission of various risk reports in strict accordance with the requirements.

Conduct a comprehensive risk management concept. It is required that the "three lines of defense" of risk management strictly follow the requirements of scientific decision-making, strong implementation and effective supervision, and the characteristics of quasi-comprehensive risk management "comprehensive, whole process, new and full staff", firmly establish the risk compliance culture concept of "compliance first, risk control first, comprehensive initiative, prudent and steady", each perform its own responsibilities, guard the gate, and link joint defense, form an overall synergy of comprehensive risk management, and strive to achieve the "three changes" of risk management, that is, from realistic risk management to potential risk management. From the post-disposal of risks to the early control of risks, from the management of risk assets to the management of asset risks, so as to achieve "people and personnel to talk about compliance, always and everywhere to prevent risks".

Highlight "one control and four defenses". Strictly control new bad, prevent cases, prevent safety responsibility accidents, prevent public opinion risks, prevent system risks, strictly implement management responsibilities, closely monitor all kinds of risks, take multiple measures at the same time, control the new and reduce the old, and ensure the stability of the credit asset quality of Shandong Branch. Since the beginning of this year, a total of 421 million yuan of non-performing loans have been cleared and disposed of, 363 million yuan of risk loans have been resolved, the balance of non-performing loans and the ratio of non-performing loans have achieved "double reduction", the customer structure has been further optimized, and no compliance cases have occurred. (Wang Yuepeng)