Experts suggest Multi-channel Bridge bank capital Gap

"2010 China Capital Market Reform and Internationalization" Roundtable Forum held in Beijing 19th.　　Experts believe that because of the rapid expansion of credit scale of the bank next year to increase the pressure on financing, the future needs of a variety of channels to resolve the financing pressure, to solve the listed resources and listed channels of imbalance issues, at the same time should strengthen the capital market system construction. Bank financing pressure big CBRC business innovation Supervision and Coordination director Li kVA said that if the impact of the Agricultural Bank of China and other factors, the financing of several banks next year will be about 500 billion yuan, and next year the overall planning of capital markets, the financing of new shares issued only 3000.4 trillion yuan,　　So the financing pressures of future banks remain. Xiaopeng, vice president of ICBC, also acknowledges that trade banks have played an important role in coping with global financial risks and that the lending business has risen sharply, so that the capital adequacy ratios of trade banks, including ICBC, are declining, which needs to be a matter of great concern to the industry.　　However, the current capital adequacy ratio of China trade bank conforms to the new Basel Accord, the core capital adequacy ratio and capital adequacy ratio are above 4% and 8% respectively, and the security of Chinese trade bank capital is reliable.　　Jiao, vice chairman of the Ministry of the People's Bank of China's postgraduate department, said that the current total number of financial institutions listed in the securities market is already higher, and the banking industry is still more concentrated, the city trade banks, rural trade banks, including rural credit cooperatives are listed, which makes people worry about the future financial development Multi-channel solution of financing difficulties Li Voltammetric thought that to solve the financing difficulties of trade banks, only rely on capital market financing, inter-bank bond market transactions are not enough, we should also establish fair and transparent rules of the game, strictly enforce and increase the cost of illegal, the use of market-based pricing mechanism, such as a series of means to "The international development direction of the financial system, should take the market system construction as the main, the good market is more urgent than the product innovation." Xiaopeng that trade banks could adopt a comprehensive approach to increase capital adequacy ratios. For example, banks need to implement prudent credit growth strategies taking the capital adequacy ratio as the basic principle of restricting the growth of credit, we should increase the profit retention of listed banks, increase the profit retention ratio of the trade bank under the guarantee of investors ' return on investment; Choose the right opportunity to increase the share; Strengthen the subsidiary capital by issuing subordinated debt To reduce loan scale through asset securitization and improve the level of capital adequacy ratio.　　He thinks that the safest and least contradictory way is asset securitization. Xiaopeng said that mixed operations and separation operations are not the root cause of financial risk, and the realization of mixed operation is only a challenge to regulation, which needs to be reformed according to different circumstances. "Do not involve banks in the insurance market, futures market, the operation of financial markets as a source of risk, more importantly, to solve the trend of domestic production surplus, the demand for Chinese enterprises to go out and dumping capacity into the international market, which requires the Chinese trade banks in the provision of traditional services on the basis of further expansion of investment areas. ”