First week credit adds 480 billion state-owned big line contraction is not obvious

Xu Yongshin Peak added 480 billion.　　Compared with the 1.45 trillion-day credit cut in the first 20 days of January 2010, the pace of commercial banks ' delivery in January 2011 was slightly more than satisfactory.　　January 12, 2011, the reporter learned that the new year before the seven-day financial institutions new loans amounted to 480 billion yuan, slightly lower than the previous 600 billion levels of rumors.　　Among them, workers, farmers, China and the four major state-owned banks won 230 billion yuan, accounting for half of the country. But compared with the Shun of the financial institutions in early 2010, the tightening of regulatory policies has left some commercial banks with a chill in the air, and some of the smaller banks that had behaved aggressively early last year changed their impulses.　　Credit data for one share bank showed that the bank's credit was about 12 billion per cent in the first 10 days of January, compared with nearly 20 billion in the same period last year. "The credit scale was previously assessed on a quarterly basis, and the period was assessed on a daily basis." However, starting from 1th this year, the head office has implemented a daily assessment of the branches.　　A branch of the bank of shares told reporters.　　State-owned big line: contraction is not obvious 2011 credit scale has been tight in most commercial bank expectations.　　January 12, ICBC chairman Jiang Jianqing told the outside world, the overall macro-control influence, this year's currency liquidity and credit growth rate than last year will fall.　　Our correspondent understands that the annual credit target set by several commercial banks is 10%-20% lower than that of 2010.　　However, in the first week of January, there was no obvious tightening in state-owned banks compared to the credit crunch. The head of a state-run Hunan Branch told our correspondent that the 10 days before the branch loan volume and last year, the difference is not much, "there are billions of, from the figures, the amount of credit is quite large."　　The above mentioned that the branch has not received "special care" from the headquarters level, and the bank has stocked a large number of quality projects at the end of last year. In fact, 2011 is the local government "Twelve-Five" planning start of the year, the local government has a strong investment impulse.　　But the impulse performance of state banks in early 2010 may impress regulators, who are again offering executive orders.　　According to Reuters, regulators have expressed concern about a 500 billion per cent increase in credit in the first week, requiring that the four lines should not exceed $310 billion in January, and that all credit should not be more than 900 billion trillion yuan, and that the differential deposit reserve ratio will be available at any time if credit is not forthcoming. However, these goals are not easy to achieve. A banking analyst said, "At present the four big state-owned banks new credit generally accounted for the overall new 40%, in January will be compressed to less than 30%, difficult." "The policy deterrent effect remains. One person close to the bank said the bank's first-week credit investment bank was only tens of billions of, "far from last year." "In fact, among the big state-owned banks, the Bank of China has been known for its credit activism in recent years and has been punished by the central bank for a differential deposit reserve rate last January because of the excessive credit," he said.Impunity。　　Small and medium banks: Active control However, for the capital adequacy ratio, deposit and loan ratio of the frequently strained stock market, January 2011 Credit is less a restlessness. A person in CMB also told reporters, "Now is to put a loan is not fast, deposit and deposit than the beginning of the year has been very high, the regulation of the month-end pressure will be greater." "The system 1 of course, at the beginning of the year to control the size of the determination more from the bank headquarters, there are many games between the branches." "The size of the Shanghai branch has been relatively large, Jiangsu region growth is also very fast, our daily quota also in the coordination between branches."　　The president revealed.　　The 2011 caution contrasts sharply with the 2010 radical.　　The head of a company in east China agricultural firm told reporters that last year the bank's credit was mainly focused on capital adequacy ratios, loan-to-deposit ratios and the three-year plan for the bank, a practice that will continue into this year. "The credit line for the whole year is expected to be lower on the basis of last year, but we have to take some technical measures before it is clear."　　"The director of the so-called technical means, in fact, in the light of last year's size, in the beginning and the main customers signed a credit agreement to determine the main credit line, but in specific loans will use some regulatory means." One big line of credit management insiders believe that the more direct reason is that this year, banks to avoid the imposition of differential reserve ratio, there is the pressure to refinance, "whether to reply and when the approval, it is inevitable to consider the credit performance at the beginning of the year." He laughs, now the bank is facing the invisible sword, the delivery is also relatively careful, "not control the size of the control scale."