CBRC opens credit structure adjustment curtain

Liang Kozhi banking Credit structure adjustment of the big curtain, is slowly opened.　　December 8, the CBRC conveyed the spirit of the central Economic Work Conference, the President said that will lead the banking industry to optimize the credit structure, improve credit quality, promote economic restructuring and change the way of development.　　Liu specifically reiterated that it will strictly control the high energy consumption, high emissions industries and overcapacity industry loans, and strive to improve credit quality and efficiency.　　In fact, for surplus and backward capacity industries, some local CBRC and banks have begun to deploy to stop credit and to recycle related loans. At the end of November, Liu Fu, director of the Guangdong Banking Regulatory Bureau, requested in the relevant economic situation briefing document issued by the Bureau, next, the Guangdong banking institutions should strictly control the credit policy limits, not accord with the industrial policy, the Environmental protection Policy Project all should not be granted the letter, but for the backward capacity project loan must stop the credit, and the repayment has issued the loan,　　Timely reversal of losses.　　　　In addition, ICBC, BOC, etc. also in the Central Economic Work conference after the speedy deployment of the new requirements to optimize the credit structure.　　Backward production capacity and withdrawal in the recent State Council departments to eliminate the list of backward production capacity, electricity, coal, steel, cement, non-ferrous metals, coke, paper, leather, printing and dyeing industries are key objectives.　　CCB Guangdong Branch of the company's business people admitted that in the course of this year's lending "robbery" process, many banks to the industry loans, especially in the context of state-owned enterprises, loan approval is relatively loose, thus, some surplus industries, such as steel industry loans may appear "rising" situation. Meng Jianbo, deputy director of Guangdong Banking Regulatory Bureau, expects overcapacity to show up in the coming period.　　The reason is two, one is 4 trillion pull the economy, not excluding the original already overcapacity of the industry to expand capacity again, thereby exacerbating the surplus; the second is that some of the current investment in the formation of new capacity, once the national industrial policy changes, may also form a higher overcapacity. Interbank data showed that in January-October this year, Guangdong (including Shenzhen) financial institutions to increase the foreign currency loans exceeded 1 trillion, to 1.0409 trillion yuan, of which the medium and long-term loans added 641 billion.　　However, the amount of credit involved in excess and backward capacity has not yet been disclosed.　　Meng Jianbo that the banking institutions see the bad rate can not only see this year, but also should see three years later. Coincidentally, December 7, Bank of China chairman Xiao in BOC, "carry out the spirit of central economic Work Conference," the party committee said, BOC next year will resolutely compress backward capacity project loans, not in line with national industrial policy provisions and market access standards, not to the national environmental assessment and emission requirements of the project,　　No new credit will be added, and decisive measures should be taken to expedite the withdrawal of the loan.　　Bank of BOC said that up to now the bank's overcapacity industry loans accounted for 3.41% lower than the beginning of the year.　On December 8, the head of the broad Credit Management department said the bank had been more cautious in lending to certain industries, such as the "two left" industries, and that the process of compressing and adjusting the credit structure was also under progress.　Prior to this, the CBRC had proposed that for large and medium-sized banks to compress, withdraw loans, city firms, agricultural firms, credit unions and other small banking institutions may not undertake.　　The new target of anchoring and credit what is the risk of backward capacity credit?　　In addition to industry policy, some industries ' loans are not in line with industrial policies, and in the field investigation of Guangdong Banking Bureau, there are loopholes and hidden risks in the operation of the bank's project loan. Among them, the project capital is not in place, flight and misappropriation and so on prominent, even has the establishment, the EIA and so on has not completed the case to issue the loan case.　　Thus, the rate of bank loans is often higher than other funds in place.　　In this regard, Liu Fu that the reason and the bank "over marketing" is not unrelated to the loan project, many banks at the price war, relax before the credit review and management.　　In many surplus industry loans "congenitally deficient" situation, the day after Tomorrow encounter operation Anomie, the risk is double superposition.　　Therefore, the Guangdong Banking Regulatory Bureau advises banks to properly centralize certain industries ' credit rights, while paying attention to subsequent industrial policies, environmental policies and market changes, and even taking special risk reserves when necessary, and should be strictly accountable for causing significant asset losses. CCB Guangdong Branch Company Business department Personage thinks, industrial policy has a decisive influence on the security of certain industries ' loans, if the bank in the intervention, before the credit review, mortgage guarantee and other Kung Fu, in the exit can also be relatively large degree of preservation of assets, but if the project itself are many "mishap", once the policy contraction,　　Bank funds are hard to recover.　　According to the current operation, the bank's control of industrial loans, generally concentrated in credit or approval department, Sub-branch through the credit guidelines and loan approval opinions and other forms, to convey the headquarters of the industry loans and focus.　　After the central Economic Work Conference once again the tone "structure", how will the banking institutions face the industry loan?　　December 7, ICBC chairman Jiang Jianqing in the next year's credit outlook that the new energy, information networks, materials, life sciences and other strategic emerging industries, health care, logistics, e-commerce, cultural tourism and other modern and emerging services, and energy conservation, environmental protection projects in urban areas will be the goal of ICBC next year.　　Liu Fu also said that in the future, banking institutions can pay attention to local people's livelihood areas, such as "Small Business" loans, "three rural" and the protection of housing, including automotive, housing and household appliances and other consumer loans, and secondly, for Guangdong local emerging industries and key projects can also intervene.　　It is undeniable that with the adjustment of industrial policy, the strength of the optimization of bank credit structure will be more and more strong, and the new projects will be limited, which would have an impact on the total amount of bank credit next year.　　In this regard, a bank of Foshan branch of the credit director said that the policy and regulatory authorities on excess and backward capacity loans are mainly project loans, involving a large amount of money, but for liquidity loans, such as steel dealers in trade financing has not touched, therefore, banks still have a certain business growth space. According to the personage, in the view of industrial policy, only the goldFinancial institutions are difficult to achieve structural adjustment, at present, many excess capacity projects can still be approved by the project, land and so on, the banks often cannot refuse to borrow; In addition, after the new capacity, many backward production capacity has not withdrawn or eliminated the mechanism, is also causing more and more surplus situation.