China Merchants Bank disclosed the first quarter report: the non-performing loan ratio increased

　　Zhongxin Finance, April 22. On the evening of the 22nd, China Merchants Bank disclosed the report for the first quarter of 2022.

The report shows that the balance of non-performing loans of China Merchants Bank in the first quarter was 54.138 billion yuan, an increase of 3.276 billion yuan from the end of the previous year; the non-performing loan ratio was 0.94%, an increase of 0.03 percentage points from the end of the previous year; the provision coverage ratio was 462.68%, a decrease of 21.19 percentage points from the end of the previous year. ; The loan provision rate was 4.35%, down 0.07 percentage points from the end of the previous year.

　　In the analysis of loan quality, China Merchants Bank pointed out that due to the rising risk of real estate customers and the impact of the epidemic on retail loan business in some regions, the balance and proportion of non-performing loans, special mention loans, and overdue loans of the Group all increased compared with the end of the previous year.

As of the end of the reporting period, the ratio of the Group's non-performing loans to loans overdue for more than 90 days was 1.71, and the ratio of corporate non-performing loans to loans overdue for more than 60 days was 1.34.

　　According to the report, China Merchants Bank generated 15.436 billion yuan of non-performing loans in the first quarter, a year-on-year increase of 3.870 billion yuan; the non-performing loan generation rate (annualized) was 1.16%, a year-on-year increase of 0.21 percentage points.

Among them, the amount of non-performing corporate loans was 5.233 billion yuan, a year-on-year increase of 1.845 billion yuan, mainly due to the increase in new non-performing real estate loans; retail loans (excluding credit cards) The amount of non-performing loans was 1.435 billion yuan, an increase of 426 million yuan year-on-year; new non-performing credit cards were generated. Loans amounted to RMB 8.768 billion, a year-on-year increase of RMB 1.599 billion, mainly due to the adjustment of policies for overdue recognition, the implementation of non-performing policies that were overdue for more than 60 days, and the impact of the epidemic.

　　China Merchants Bank said that the company will closely track changes in the macro situation, continue to adjust customer structure and credit structure, strengthen risk monitoring and early warning in key areas such as real estate, local government credit, and large group customers, formulate targeted management and control plans, and strengthen Pay attention to and overdue loan management, effectively prevent, resolve and dispose of potential risks, fully make provision, take multiple measures to increase the disposal of non-performing assets, and strive to maintain the overall stability of asset quality.

　　At present, China Merchants Bank disposed of non-performing loans of 13.854 billion yuan in the first quarter.

Among them, 5.942 billion yuan was routinely written off, 3.022 billion yuan was recovered, 3.575 billion yuan was securitized for non-performing assets, and 1.315 billion yuan was disposed of through other methods such as debt repayment, transfer, reorganization, relocation, reduction or exemption.

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