More financial resources are invested in key areas and weak links (authoritative release)
"The banking and insurance industry maintains a good momentum of stable operation." Liu Zhongrui, deputy director of the Statistical Information and Risk Monitoring Department of the China Banking and Insurance Regulatory Commission, introduced at a press conference of the State Council Information Office on the 14th that in the first half of this year, the banking industry's assets and major businesses have grown steadily. , The quality and efficiency of serving the real economy continued to improve, risks in key areas were effectively prevented and controlled, and the robustness of bancassurance institutions was significantly enhanced.
At the end of June, the non-performing loan ratio of the banking industry was 1.86%, a decrease of 0.08 percentage points from the beginning of the year; the provision coverage ratio of banking financial institutions was 190.3%, an increase of 7.5 percentage points from the beginning of the year.
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. Bank and insurance institutions invested 3.4 trillion yuan in new bonds, providing reasonable financial support for the real economy, and more financial resources were invested in key areas and weak links.
In terms of different areas, in the first half of the year, 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, 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%.
In recent years, the China Banking and Insurance Regulatory Commission has encouraged insurance funds to provide multi-level financial support for manufacturing and strategic emerging industries in the form of stocks, equity, debt, and funds.
According to Zhang Zhongning, deputy director of the General Office of the China Banking and Insurance Regulatory Commission, by the end of May this year, insurance funds will directly invest 4.35 trillion yuan in manufacturing, energy, technology and related infrastructure fields through investment in corporate bonds, stocks, funds, equity, and asset management products. , Accounting for 19.07% of the balance of use of insurance funds.
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. The stability of bancassurance institutions has increased significantly.
During the prevention and control of the new crown pneumonia epidemic, the banking industry introduced a series of fee reduction policies.
In the first quarter of this year, commercial banks achieved a cumulative net profit of 614.3 billion yuan, a year-on-year increase of 2.4%, and the growth rate was 3.3 percentage points lower than the same period last year.
In the first five months of this year, the profits of industrial enterprises above designated size increased by 83.4% year-on-year, with an average increase of 21.7% over the two years.
The profit growth rate of the banking industry and the profit growth rate of industrial enterprises "one fall and one rise", to a certain extent, reflects the positive effect of financial concession to the real economy.
As of the end of the first quarter of this year, the green balance of 21 major domestic banks reached 12.5 trillion yuan, accounting for 9.3% of all loans, of which green transportation, renewable energy, energy conservation and environmental protection industry loans accounted for more than 70%.
The scale of green credit in my country ranks first in the world.
The overall quality of green credit assets is good, and the non-performing loan ratio has remained below 0.7% in the past five years, which is far lower than the overall non-performing ratio of various loans in the same period.
The environmental benefits of green credit have gradually emerged.
According to Ye Yanfei, the first-level inspector of the Political Research Bureau of the China Banking and Insurance Regulatory Commission, according to the ratio of green credit funds to the total investment of green projects, 21 major banks can save more than 300 million tons of standard coal each year and reduce carbon dioxide equivalent emissions by more than 700 million tons. .
At the same time, the protection function of green insurance has been continuously improved, and environmental pollution liability insurance has covered many high environmental risk industries such as heavy metals, petrochemicals, and medical waste.
Our reporter Ouyang Jie