News that January new credit 1.5 trillion a quarter not exceeding 2.5 trillion

January new credit or about 1.5 trillion Shi ren although the new credit was tightly controlled in the second half of January, it may not be much less than the 1.62 trillion yuan in January last year. The first financial daily learned yesterday that the new credit was more than $1.5 trillion in January this year, according to internal estimates from the departments concerned. A person close to the central bank said the new credit in January could be between 1.4 trillion and 1.6 trillion yuan.　　In addition, the newspaper from a large state-owned bank credit department learned that four lines in January, the new credit is about 480 billion yuan.　　From some research information, banks ' pricing power is beginning to recover from a contraction in credit over the past year.　　Increase or not exceed 2.5 trillion in the first quarter according to recent media reports, the first half of this year, the new credit is more than trillion, and then by the relevant departments of strict control, some banks were asked to shrink the new credit. According to this newspaper from the industry, according to the guidance of relevant departments, ICBC, CCB, ABC and BOC January new credit scale were required to control in about 96 billion yuan, 84 billion yuan, 84 billion yuan and 72 billion yuan.　　This statement was not officially confirmed. This newspaper previously obtained data show that as of January 21, ICBC added credit 149.4 billion yuan, BoC 175.7 billion yuan, construction bank 80.3 billion yuan, ABC 151.8 billion yuan, a total of 557.2 billion yuan.　　This shows that the compression pressure is large. ICBC announced this week that its new renminbi loan in January was about 110 billion yuan. Xinhua reported yesterday that CCB, ABC and BOC January new renminbi loans were about 102 billion yuan, 115 billion yuan, 150 billion yuan.　　If the report is true, it appears that the above "guidance recommendations" will eventually be exceeded. Compared with previous years, banks have been told to pay attention to "balance" in lending this year. The state-owned bankers told the newspaper, the first quarter of this year to control the proportion of 1/3, "in the past basically can be more than 40%, last year more special, lending more than 50% in the first quarter."　　"Many companies use more money in the first quarter, and banks are willing to put early interest rates early on, and in addition to the quarterly balance, there is a quarterly balance, and January would be a bit overdone if it exceeded half of the full quarter," he said. However, he thinks the February new loans will fall, because this February contains the Spring Festival holiday.　　Chase Securities judgment, February new local currency credit 400 billion ~5000 billion yuan. Earlier this year, the bank's chairman, Mr Liu said, was about $7.5 trillion trillion in new credit.　　According to the bank, the new credit should be around 2.5 trillion yuan in the first quarter.　　Chase Securities believes that new loans in the first quarter can hardly reach 3 trillion yuan, more likely to be about 2.25 trillion yuan.　　The state-owned bankers said they would have a relatively large share of lending in the first quarter, but not too much because regulators feared it would not hold up in the three quarter. Internal potential however, regulators control the net increase in credit. This "requires everyone to" try to "tap the potential inside", said the state-owned bankers, "The way to tap the potential "is to compress the size of the bill, the second is to recover the old loans. Due to the large amount of lending last year, January new credit 1.62 trillion yuan, a quarter of 4.58 trillion yuan, of which short-term loans over 1.2 trillion yuan, "can be recovered as far as possible."　　The person said that, although the increase is less, but the delivery is still a lot.　　Although the transfer of loans used to be a common means, but now has been very tightly controlled.　　However, the person said that some small and medium-sized banks, the large number of projects received, and the capital adequacy ratio can withstand, can undertake some other bank transfer loans, so there can be some adjustment between the banks. Previously, trusts were an important channel for banks to "transfer" loans.　　However, in December 2009, the CBRC tightened its grip on bank loan sales, barred banks from selling financial products converted from their loans and issued through trusts, and barred banks from selling loans with repurchase agreements or loss guarantees.　　Gao Securities recently released a research report, said while banks can still sell wealth-management products converted from other bank loans, some in Wuhan say it has become more difficult in the Wuhan market because banks that sell wealth-management products need to restart the credit review process, which could take 1-2 months.　　However, the bank in Chengdu said that the sale of loans through trust-issuing products remained, as many banks ' lending status was the same or similar to large state-owned enterprises, making it relatively easy to buy credit approval procedures.　　Bank pricing capacity recovery The regulatory authorities ' control over credit has somewhat reduced the amount of bank lending, but the expected changes in supply and demand have improved banks ' pricing power.　　Recently, the Bank of China Banking Regulatory Commission to the steel industry, the cement industry, the glass industry and so on to stop lending, and the recovery of all prior-range loans.　　The state-owned bankers said that credit for the surplus industry had not been absolutely halted, but that quotas had been put in place to restructure the limits and that limited credit would be focused on the best companies and projects in those industries. Similar adjustments clearly increase the bargaining power of banks.　　In last year's credit frenzy, banks ' bargaining power was greatly weakened. China Securities analyst and a bank of Shenzhen branch of the company's business leaders to communicate, according to its minutes, in the current credit environment, the interest rate of the downward loan gradually lost, the first quarter lending rate will be significantly higher than the four quarter, but the future of the bank's bargaining power is limited, mainly because the loan supply is still large,　　If the scale of 2010 years is still 7.5 trillion, it is still the second highest scale of history, and the ability of bank pricing cannot be improved significantly in the case of excessive loan supply. GAO Securities Research report said that its research scope for the Wuhan Bank said its loan pricing capacity has recently been significantly improved, many new loans are priced at 30% higher than the benchmark. More importantly, many banks have been able to ask for higher returns when many of their original loan applications are postponed. In recent weeks, Chengdu and WuhanInterest rates on discount notes rose by 3.5% and above 4% respectively.