Mortgage pressure test results announced that the bank said the price fell 30% problem is not

New Express News Real estate deal if the housing price falls, Bank mortgage asset quality will be affected? The latest round of commercial banks ' "physical examination" gives the answer – even if prices fall by 30%, the rate of non-performing loans will not rise significantly.　　However, everything is still the feeling of the bank, the real ability to resist pressure still needs market testing. In Thursday, Qian, Vice president of Bank of Communications, said in a performance briefing that the bank had conducted a stress test according to the CBRC's requirements. The test results showed that real estate prices fell 30%, development loan non-performing rate increased 1.2%, personal mortgage non-performing rate increased by 0.9%. Qian said, because the bank of real estate loans accounted for relatively low, fully grasp the digestion and absorption of this part of the problem. "Of course, the impact is likely to be greater if prices fall more sharply or if there is systemic risk."　　"And in the first quarterly performance meeting with brokerage analysts, construction Bank of the above test results of the bank said that the 30% decline in the impact of the bank's non-performing loans" and the bank is roughly equivalent, may be slightly optimistic.　　Hong Qi, President of Minsheng Bank, gave a more optimistic answer at a recent media meeting, saying that even a 40% drop in house prices would not affect the quality of the bank's assets.　　Earlier, at the CBRC's 2010 second economic and financial Situation analysis briefing meeting, the CBRC chairman Liu asked the major medium-sized banks need to carry out a quarterly real estate loan pressure test. "The results of the various stress tests are at a relatively modest level and if the test conclusions are set up, it is entirely possible to withstand a 30% per cent drop in housing prices at the current level of profitability and availability of banks."　　Said the head of the risk department of the joint-stock bank. But he also said that the pressure test should pay close attention to the cost of interest rates, the increase in interest rates will lead to a relatively rapid increase in the proportion of home buyers income, mortgage loans and delinquency rate may rise, and then the bank's asset quality and profitability has a greater negative impact.　　It is worth mentioning that a number of banking industry insiders in the interview, said that in the Shing difficult to increase the situation, the mortgage is still a commercial loan portfolio of relatively high quality assets. (according to the first financial journal)