Since this year, institutions have conducted intensive research on listed banks. According to the incomplete sorting by the reporter of Securities Daily, as of March 6, a total of 14 listed banks received research from various institutions, including funds, securities companies and venture capital, with a cumulative number of 55 times, of which 42 times related to credit supply were mentioned, which became the “most concerned” topic of institutional research.
Citic Securities Company Limited(600030) chief economist Mingming said in an interview with our reporter that credit is the most basic and main asset business of banks. As an important channel of social financing, the scale and structure of credit not only reflect the current economic development and market expectations, but also affect the development of many production and business activities in the future. Under the background that the policy emphasizes “stable growth” this year, the volume of bank credit business will expand. However, under the pressure of “demand contraction, supply shock and weakening expectation”, the problems of insufficient effective credit demand and lack of high-quality projects still exist. Institutional research continues to pay attention to credit, which is also used to track the market vane and understand the economic recovery.
credit “small target”
got the attention of institutions
For institutions, investigating listed banks is undoubtedly a good opportunity to get a close understanding of the industry and the development of banks. The reporter looked through the record form of investor relations activities disclosed by the above-mentioned 14 banks and noted that the “2022 credit extension plan” is almost a “must answer” for institutional research.
From the responses of listed banks, we can also get a glimpse of the credit development point of banks this year. For example, Bank Of Suzhou Co.Ltd(002966) 2 on February 28, the reception organization said that in 2022, it will continue to follow the policy and market orientation, continue to support the development of small and micro enterprises, manufacturing and private enterprises, and further expand its support for science and innovation, green finance and other industries. At the same time, the investment of bank credit resources will be slightly inclined to personal loans, including strengthening the investment of personal business loans, housing loans and consumer loans.
Bank Of Ningbo Co.Ltd(002142) focuses on the financial service needs of customers in the business area, and focuses on advanced manufacturing, private small and micro enterprises and import and export enterprises to continue to provide comprehensive financial services for the majority of entity enterprise customers.
Bank Of Hangzhou Co.Ltd(600926) when talking about the release arrangement, he said that on the demand side, we should strengthen credit reserves and distribute the release of key industries; Improve the credit utilization rate of customers and speed up the implementation of non invested businesses. On the supply side, first, grasp the outlet of infrastructure construction and invest locally; Second, strengthen real economy services and practice the concept of Inclusive Finance; Third, focus on key customers and meet the diversified financing needs of enterprises.
“At present, the requirements for steady economic growth are improved. To a certain extent, an important starting point for steady growth is steady investment, which is highly related to credit.” Everbright Securities Company Limited(601788) financial industry chief analyst Wang Yifeng told reporters that credit supply, as a leading indicator of entity growth, especially the credit supply of fixed asset investment, indicates the stability of investment, so people in the capital market pay more attention to it.
Bank assistance
achieve the goal of “steady growth”
The central economic work conference held at the end of last year made it clear that this year’s economic work should “guide financial institutions to increase support for the real economy, especially small and micro enterprises, scientific and technological innovation and green development”.
In 2022, credit has a “good start”. According to the data released by the people’s Bank of China, RMB loans increased by 3.98 trillion yuan in January 2022, a monthly statistical high, an increase of 394.4 billion yuan year-on-year. In terms of social financing data, the scale of social financing increased by 6.17 trillion yuan in January, 984.2 billion yuan more than the same period last year.
For the banking industry, how to make good use of policy advantages and do a good job in credit supply is very important The relevant person in charge of Shanghai Pudong Development Bank Co.Ltd(600000) Beijing Branch told reporters that small and medium-sized enterprises are stable, and the macroeconomic market will be more stable. The bank vigorously adjusted the customer structure, actively expanded small and medium-sized enterprise customers and stimulated market players. In the next step, we will also optimize the innovative service model, and finance will help the stable and healthy development of small and medium-sized enterprises.
“At present, the key areas of bank credit need to be managed in combination with the current economic situation and policy guidance.” Mingming said that scientific and technological innovation, green finance and other fields have always been the focus of China’s economic development. At the same time, as infrastructure is an important starting point for “steady growth” in the first half of this year, regional banks will also firmly seize the opportunity to invest in infrastructure projects. In addition, developing Inclusive Finance and supporting private small and micro enterprises will also become an important aspect of bank credit assessment.
In Wang Yifeng’s view, the key areas of bank credit include green finance, scientific and technological innovation, Rural Revitalization and inclusive small and micro enterprises. Increasing financial support in these areas will help to promote the change of economic growth mode and improve the overall employment situation.
“The expansion of bank credit will provide more support for real enterprises, release long-term funds, promote credit expansion, further reduce the availability of social financing, and effectively help achieve the goal of steady growth. Strategic emerging industries, green finance, Inclusive Finance and other fields will also benefit from this and achieve more stable development.” Say it clearly.
