Chinanews.com, November 6th. Liang Tao, vice chairman of the China Banking and Insurance Regulatory Commission, said on the 6th that in the first three quarters, 21 nationwide bank service charges reduced fees and profits of 187.3 billion yuan, and the banking industry is expected to achieve 360 billion yuan of fee reductions and profits this year about.
The Information Office of the State Council held a regular briefing on the State Council’s policies on the 6th. Relevant persons in charge introduced the progress of the implementation of reasonable profit distribution by financial institutions and answered reporters’ questions.
Liang Tao introduced that the banking and insurance industry has four main characteristics.
First, the assets and liabilities showed a steady growth trend.
At the end of the third quarter, the total assets of banking financial institutions were 314.7 trillion yuan, a year-on-year increase of 10.5%, of which loans were 178.6 trillion yuan, a year-on-year increase of 12.6%; total liabilities were 288.7 trillion yuan, a year-on-year increase of 10.7%.
The total assets of insurance companies were 22.4 trillion yuan, a year-on-year increase of 12.4%.
Second, the quality and efficiency of serving the real economy continued to improve.
In the first three quarters, RMB loans increased by 16.3 trillion yuan, an increase of 2.6 trillion yuan year-on-year, and new bond investments by bancassurance institutions exceeded 8 trillion yuan.
Private enterprise loans increased by 5.4 trillion yuan.
Manufacturing loans increased by 2 trillion yuan, an increase of 2.6 times last year.
The insurance industry paid 998.9 billion yuan.
The third is to maintain a relatively high level of risk resistance.
In the first three quarters, the banking industry made a new provision of 1.5 trillion yuan, an increase of 206.8 billion yuan year-on-year.
At the end of the third quarter, the provision coverage ratio was 177%.
The net capital of commercial banks was 23.8 trillion yuan, and the capital adequacy ratio was 14.41%.
At present, the comprehensive solvency adequacy ratio of insurance companies is 242.6%.
Fourth, the main operating and regulatory indicators are within a reasonable range.
In the first three quarters, commercial banks achieved a net profit of 1.5 trillion yuan, a year-on-year decrease of 8.3%.
The banking industry disposed of 1.7 trillion yuan of non-performing loans, an increase of 341.4 billion yuan year-on-year.
At the end of the third quarter, the balance of non-performing loans in the banking industry was 3.7 trillion yuan, with a non-performing loan ratio of 2.06%.
The liquidity of bancassurance institutions remained stable overall.
Liang Tao pointed out that the China Banking and Insurance Regulatory Commission regards the promotion of fee reduction and profit sharing as an important starting point for promoting the symbiosis and co-prosperity of finance and the real economy.
In the first three quarters, 21 nationwide bank service fees reduced fees and profits of 187.3 billion yuan. It is expected that the banking industry will achieve about 360 billion yuan in fee reductions and profits this year.
One is to implement the deferred debt service policy.
At present, the principal and interest of more than 3.7 trillion yuan of corporate loans have been postponed, which has effectively helped companies relieve their difficulties and provided strong support for economic and social recovery and development.
The second is to increase support for private, small and micro enterprises and other weak sectors.
At the end of the third quarter, inclusive loans to small and micro enterprises increased by 30.5% year-on-year.
In the first three quarters, the interest rate of newly issued loans to inclusive small and micro enterprises dropped by 0.82 percentage points compared with the whole of last year.
21 national banks have implemented the “two prohibitions and two restrictions” policy to reduce or exempt 21.2 billion yuan for small and micro businesses, support enterprises to resume work and production, and reduce or exempt individuals against the epidemic by 23.3 billion yuan, and actively reduce or exempt market-adjusted price service fees of 31.6 billion yuan.
The third is to resolutely clean up and standardize the reduction and exemption of fees from bancassurance institutions.
Further standardize credit financing charges, abolish credit fund management fees and small and micro enterprises' early repayment penalty, etc., to reduce the comprehensive cost of corporate financing.
Gradually reduce bank charges and service items. In recent years, dozens of charges have been reduced or exempted.
The fourth is to vigorously rectify the problem of illegal charges.
Carry out the management of fees for illegal enterprises and the inspection of financing fees for small and micro enterprises.
In July this year, a public notification was made on 6 typical cases of violations involving corporate fees.
Currently, a special action to clean up bank charges is being carried out, and the high pressure situation of strict supervision has always been maintained.
He said that in the next step, the China Banking and Insurance Regulatory Commission will further implement the requirements of the Party Central Committee and the State Council, and urge bancassurance institutions to do a good job in reducing fees and concessions, and continuously enhance the sense of gain for enterprises.