Chinanews.com, July 14th. Liu Zhongrui, head of the Statistical Information and Risk Monitoring Department of the China Banking and Insurance Regulatory Commission, introduced the operation of the banking and insurance industry on the 14th and pointed out that risks in key areas are effectively prevented and controlled; the growth rate of real estate loans has dropped to 10.3%, continuing to be low The growth rate of all loans.

Data map: Real estate under development and construction.

Photo by China News Agency reporter Zhang Bin

  The State Council Information Office held a press conference on the 14th to introduce the development of the banking and insurance industry in the first half of the year.

At the meeting, Liu Zhongrui said that since the beginning of this year, the China Banking and Insurance Regulatory Commission has conscientiously implemented the decisions and arrangements of the Party Central Committee and the State Council, vigorously improved the quality and efficiency of financial services, prevented and resolved risks in key areas, and continued to deepen reform and opening up. The banking and insurance industry has maintained a good momentum of stable operation. .

Overall, the following four characteristics are presented:

  First, the assets and main businesses of the banking and insurance industry have grown steadily.

According to preliminary statistics, the total domestic assets of the banking industry was 328.8 trillion yuan at the end of June, a year-on-year increase of 9.2%.

Among them, various loans increased by 11.9% year-on-year.

The total domestic liabilities of the banking industry was 301 trillion yuan, a year-on-year increase of 9.1%.

The total assets of the insurance industry were 24.8 trillion yuan, a year-on-year increase of 12.7%; the balance of insurance funds used was 23.1 trillion yuan, a year-on-year increase of 14.9%; the original insurance premium income was 2.9 trillion yuan, a year-on-year increase of 5.2%.

  Second, the quality and efficiency of serving the real economy continued to improve.

In the first half of the year, RMB loans increased by 12.76 trillion yuan, a year-on-year increase of 667.7 billion yuan, and bancassurance institutions’ new bond investments were 3.4 trillion yuan, providing reasonable financial support for the real economy.

Promote more financial resources to be invested in key areas and weak links, and vigorously support inclusive small and micro businesses, rural revitalization, manufacturing, technological innovation, and green and low-carbon development.

The growth rate of inclusive loans to small and micro enterprises remained above 30%, and loans to information technology services and scientific research services increased by 19.3% and 23.7% respectively year-on-year, both higher than the growth rates of various loans.

Manufacturing loans increased by 1.7 trillion yuan from the beginning of the year, and the year-on-year growth rate remained above 10% for 14 consecutive months.

The balance of agriculture-related loans exceeded 41 trillion yuan, and the balance of green credit reached 12.52 trillion yuan.

The insurance industry gives full play to the role of risk protection.

In the first half of the year, the amount of insurance protection provided was 5276 trillion yuan, a year-on-year increase of 31.6%, and the accumulated compensation expenditure was 765.1 billion yuan, a year-on-year increase of 21.3%.

  The third is the effective prevention and control of risks in key areas.

At the end of June, the balance of non-performing loans in the banking industry was 3.5 trillion yuan, an increase of 108.3 billion yuan from the beginning of the year, and the non-performing loan ratio was 1.86%, a decrease of 0.08 percentage points from the beginning of the year.

The overall liquidity of bancassurance institutions remained stable, with a liquidity ratio of 57.2% of commercial banks, and a steady increase in cash flow from operating activities of insurance companies.

High-risk financial institutions were resolved in a stable and orderly manner. The reform of small and medium-sized institutions was progressing steadily. The risks of shadow banking continued to drop. Entrusted loans and trust loans decreased by more than 800 billion yuan from the beginning of the year.

Resolutely prevent the disorderly expansion of capital, and strengthen the prudential supervision of the financial business of platform enterprises.

The growth rate of real estate loans fell to 10.3%, which continued to be lower than the growth rate of all loans.

  Fourth, the robustness of bancassurance institutions has increased significantly.

Promote banks' forward-looking adequate provision and replenish capital through multiple channels to enhance risk resistance and loss absorption capabilities.

At the end of June, the balance of provision of banking financial institutions reached 6.7 trillion yuan, the provision coverage ratio was 190.3%, an increase of 7.5 percentage points from the beginning of the year, and the loan provision ratio was 3.54%, basically the same as the beginning of the year.

At present, the capital adequacy ratio of commercial banks is 14.51%, the comprehensive solvency adequacy ratio of insurance companies is 246.7%, and the core solvency adequacy ratio is 234%, all maintaining a relatively high level.

  Liu Zhongrui said that in the next step, the Banking and Insurance Regulatory Commission will adhere to the general tone of the work of seeking progress while maintaining stability, based on the new stage, implement new concepts, build a new development pattern, enhance awareness of danger, coordinate development and safety, effectively prevent and resolve financial risks, and promote economic and financial soundness. Circulation to promote the high-quality development of the banking and insurance industry.