Bank of Beijing: non-platform non-performing loans

On August 30, at the Beijing Bank's 2010.5 Annual report Results Conference, Yang Shujian, chairman of the bank, said that 88% of Beijing's local financing platform loans were concentrated in the Beijing area, while the ratio of loans to the municipal level was 95%.　　At present, not a bad, even in the line of heavy real estate pressure test, the corresponding loans will remain relatively high level.　　Semi-annual reports show that the Bank 2010 1 ~ June to achieve a net profit of 3.902 billion yuan, an increase of 33.47% per cent, the provision of cover coverage of 255.13%, capital adequacy ratio of 12.47%, core capital adequacy ratio of 10.75%. Mortgage risk controllable loan increase 42% The bank's chief risk officer, Zhang Huijin, said the results of the stress tests on real estate loans showed that the non-performing rate of real estate loans had risen by about 0.2% per cent in the extreme case of a 30% decline in real estate.　　"Preliminary results should be very small data," for stress tests carried out in the context of a 50% drop in house prices.　　The semi-annual report showed that the bank's personal loan balance amounted to $36.843 billion, which grew by 10.938 billion yuan at the beginning of the year, up 42%, and close to the 2007-2009 growth of 3 years. Shaoyan, president of the Bank of Beijing, said in a performance briefing that the growing personal loan business is a bright spot in Beijing's banking business.　　She pointed out that the loan growth rate of 10.938 billion, the amount of half of the distribution in the Beijing area, the other half in the other branches.　　The Half-year report showed that the bank's non-performing loan balance was 2.371 billion yuan and the proportion of non-performing loans was 0.76%, down 0.26% from the end of last year.　　In this respect, Shaoyan pointed out that in the first half of this year, the bank received 425 million cash, mainly to seize the first half of this year liquidity relatively well-off opportunities, some real estate business loans and policy loans have been withdrawn, which also guarantees the "double drop" of non-performing loans. New loans accounted for 62% semi-annual reports, the first half of the bank in Beijing, the balance of loans compared to the earlier growth of 13%, 13.5%, slightly slower than the other two listed City firms.　　Wu Yonggang, Guotai banking analyst, said that the bank continued to improve the scope of the branch, the first half of the new loans in 62% by the remote branch contribution, the loan balance between the different branches accounted for from 23% increase from 5% to 28%.　　In the case of a 46.7% per cent increase in the bank's fees and commission net income, Wu Yonggang points out that this comes mainly from the rapid growth in bond business, financing advisers and bank card receipts, which adds an important note to Beijing's bank's good performance list. NET spreads on the chain fall it is noteworthy that the recovery of the line spreads is not satisfactory. The first half of the bank net interest rate fell slightly lower than 1bp to 2.32%, two quarter-quarter year-on-year decline of 5bp to 2.34%. Wu Yonggang points out that this is mainly due to the decline in credit ratios in assets and the rise in the share of assets among peers.　　At the same time, the proportion of demand deposits decreased markedly and the proportion of fixed deposits increased. Bank of China International analyst pointed out that the bank's spreads are still expected to resume, but because the loanLong term, combined with the lack of loan demand, the recovery space for spreads will not be too big; at the same time, the bank loan-to-deposit ratio is low, liquidity is still good, if the market liquidity is tight, is conducive to raising the rate of return on assets; In addition, with a substantial reduction in the provision of funds, the provision coverage is still high and there is still room for future profits.