China News Agency, Beijing, May 13 (Reporter Wang Enbo) Under the influence of the epidemic, non-performing loans in the Chinese banking industry have increased, but the quality of credit assets is generally stable. China Banking and Insurance Regulatory Commission announced on the 13th that at the end of the first quarter of 2020, the balance of non-performing loans of Chinese commercial banks was 2.61 trillion yuan (RMB, the same below), an increase of 198.6 billion yuan from the end of the previous quarter; At the end of the quarter, it increased by 0.05 percentage points.

  Statistics show that the total assets of China's banking and insurance industries have grown steadily this year. At the end of the first quarter, the domestic and foreign currency assets of banking financial institutions were 302.4 trillion yuan, an increase of 9.5% year-on-year; the total assets of insurance companies were 21.7 trillion yuan, an increase of 5.6% from the beginning of the year.

  At the same time, the profits of commercial banks remained stable, and the risk offset capability was relatively sufficient. In the first quarter, commercial banks increased credit availability, accumulating a net profit of 600.1 billion yuan, and an average capital profit rate of 12.09%. At the end of the first quarter, the loan loss balance of commercial banks was 4.8 trillion yuan, an increase of 294.3 billion yuan from the end of the previous quarter; the provision coverage ratio was 183.2%, a decrease of 2.88 percentage points from the end of the previous quarter; the loan provision rate was 3.50%, This is an increase of 0.04 percentage points from the end of the previous quarter.

  The liquidity level of commercial banks also remained stable. At the end of the first quarter, the liquidity coverage rate of commercial banks was 151.53%, an increase of 4.91 percentage points from the end of the previous quarter; the liquidity ratio was 58.57%, an increase of 0.11 percentage points from the end of the previous quarter.

  Regarding the increase in non-performing loan ratio, the China Banking and Insurance Regulatory Commission has previously stated that some small and micro enterprises and restaurants, accommodation and other industries that were severely affected by the epidemic have risen relatively quickly, but the degree is within the estimated range, and the related risks are fully controllable. .

  It is worth noting that under the epidemic, the banking and insurance industries are continuing to strengthen financial services.

  At the end of the first quarter, the balance of loans used by banking financial institutions for small and micro enterprises was 38.9 trillion yuan, of which the balance of loans for inclusive small and micro enterprises with a total of 10 million yuan or less in single-family credit was 12.6 trillion yuan, a growth rate of 7.6 %. In the first quarter, the insurance company's original insurance premium income was 1.7 trillion yuan, a year-on-year increase of 2.3%. Compensation and payment expenses were 303.1 billion yuan, down 8.7% year-on-year. The number of insurance policies increased rapidly. The number of new policies increased by 10.9 billion in the first quarter, a year-on-year increase of 72.1%. (Finish)