The press conference was held on December 8, with the participation of 10000 senior executives, including the president of hksh. Fu Wanjun said that in 2021, China Everbright Bank Company Limited Co.Ltd(601818) business performance hit another record high, wealth management took a new step, promoted strategic transformation and continued to improve connotative investment value.
According to the financial report, by the end of 2021, China Everbright Bank Company Limited Co.Ltd(601818) total assets were 590269 billion yuan, an increase of 9.95% over the end of the previous year; The balance of loans was 3307304 billion yuan, an increase of 9.90% over the end of the previous year; The balance of deposits was 3675743 billion yuan, an increase of 5.61% over the end of the previous year; The non-performing rate and provision coverage rate were 1.25% and 187.02% respectively, which were "one decrease and one increase" compared with the end of the previous year. The non-performing rate continued to "double decrease", and the risk resistance ability continued to increase.
In terms of performance, China Everbright Bank Company Limited Co.Ltd(601818) achieved an operating revenue of 152751 billion yuan in 2021, with a year-on-year increase of 7.14%; The net profit attributable to listed companies was 43.407 billion yuan, a year-on-year increase of 14.73%. At the same time, the revenue structure continued to be optimized. The net interest income was 112155 billion yuan, and the net fee and commission income was 27.314 billion yuan, with a year-on-year increase of 11.90%. Among them, the green middle income of asset management, agency and trusteeship was 10.871 billion yuan, with a year-on-year increase of 25.69%, which became an important driving factor for the growth of middle income.
"In 2022, China Everbright Bank Company Limited Co.Ltd(601818) will continue to set goals, keep down-to-earth, and continue to move forward and reach a new level in the journey of building a first-class wealth management bank." Fu Wanjun said.
this year's credit growth target is 370 billion, and preferential pricing will continue
According to Fu Wanjun, this year China Everbright Bank Company Limited Co.Ltd(601818) will continue to strengthen the allocation of credit resources. It is expected that the growth rate of general loans and bond financing will reach 11.5% and 15% respectively this year. Through active credit arrangements, we will serve the national regional development strategy and focus on supporting the development of manufacturing, scientific and technological innovation, inclusive small and micro enterprises, private enterprises and green industries.
"This year, the management has set a relatively positive growth target, with an annual credit increase of 370 billion. In terms of the pace of credit extension, we will arrange the annual credit asset extension ahead. In the first two months, the general loan of our bank increased by more than 100 billion yuan (104.1 billion yuan, an increase of 30.8 billion yuan, an increase of 42.0%), and the increase is in the forefront of the comparable industry (3.2% and the first in the comparable industry)." China Everbright Bank Company Limited Co.Ltd(601818) vice president and board secretary Zhao Ling introduced at the press conference.
According to the data, by the end of 2021, China Everbright Bank Company Limited Co.Ltd(601818) loan balance was 3307304 billion yuan, an increase of 297822 billion yuan or 9.90% over the end of the previous year. In terms of investment direction, the loan balance of major national strategic regions such as Beijing Tianjin Hebei, Yangtze River Delta, Guangdong, Hong Kong and Macao Bay area increased by 102.2 billion yuan or 12% over the beginning of the year; The balance of medium and long-term loans in the manufacturing industry increased by 43.5 billion yuan or 46% over the beginning of the year; The loan balance of private enterprises increased by 36.6 billion yuan over the beginning of the year; The balance of inclusive loans increased by 49.981 billion yuan or 26.72% over the beginning of the year; Throughout the year, 14.895 billion yuan of capital repayment and 716 million yuan of interest payment were postponed in stages for inclusive small and micro enterprises, individual industrial and commercial households and small and micro enterprise owners; The balance of green loans was 124592 billion yuan, an increase of 20.12% over the beginning of the year, of which the balance of clean energy loans was 12.721 billion yuan, an increase of 54.03% over the beginning of the year; The balance of agriculture related loans was 390.16 billion yuan.
While supporting the real economy, China Everbright Bank Company Limited Co.Ltd(601818) also strengthened price guidance. In 2021, the bank offered 100110bp pricing preference to Pratt Whitney small and micro loans, 50-100bp pricing preference to medium and long-term manufacturing loans and 20bp FTP discount to green loans.
\u3000\u3000 "This year, we will continue to implement differentiated FTP preferential policies, loan pricing preferential policies and capital charging preferential policies for key areas, key regions, key industries, key customers and key projects, expand the sub authorization of loan pricing for branches, and mobilize the enthusiasm of operating institutions at all levels. We will continue to implement pricing preferential policies for inclusive small and micro loans, medium and long-term manufacturing loans and green loans, and further expand them Big pricing authorization. " Fu Wanjun said.
wealth management transformation takes a long time and is currently in the most difficult stage
Wealth management is the focus of China Everbright Bank Company Limited Co.Ltd(601818) differentiated development strategy. The financial report shows that by the end of 2021, the characteristics of wealth management and light transformation have achieved remarkable results, realizing an intermediate business income of 27.314 billion yuan, a year-on-year increase of 11.90%, including 10.871 billion yuan in green income from asset management, agency and trusteeship, a year-on-year increase of 25.69%; The scale of financial management reached 1067709 billion yuan, an increase of 27.67% over the end of the previous year. The total assets of retail customers (AUM) under management reached 2122467 billion yuan, an increase of 10.68% over the end of the previous year. The total amount of corporate financial customer financing (FPA) exceeded 4.27 trillion yuan, with an annual increment of more than 150 billion yuan.
"The transformation of wealth management is the focus and goal of many Chinese banks. Of course, this transformation can not be completed overnight. We need to stick to the goal, persevere and work for a long time. At present, China Everbright Bank Company Limited Co.Ltd(601818) business transformation is in the most difficult stage and the most critical time." Fu Wanjun said that in the next step, we should accelerate the development of retail business and intermediary business, strive to expand the scale of retail AUM and FPA, improve the contribution of business income such as agency, asset management, investment bank, custody and settlement, and accelerate the pace of light transformation.
China Everbright Bank Company Limited Co.Ltd(601818) vice president Qi Ye said that the synergy and value contribution of each line under the big wealth management system of the bank's retail business have been continuously enhanced, and the total number of retail customers has reached a new high, exceeding 140 million, ranking in the forefront of joint-stock commercial banks; The year-on-year growth rate of big wealth management revenue reached 29%, of which the revenue from asset management, agency and custody increased by 58%, 20% and 16% respectively.
China Everbright Bank Company Limited Co.Ltd(601818) vice president Qu Liang introduced the corporate wealth management business, saying that relying on the bank's corporate customer resources and the group's strong asset portfolio ability, the bank provided stable "investment targets" for Everbright financial management, and also continued to provide high-quality financial products for b-end, g-end and C-end customers. The company's financial customers increased by 63% over the previous year, and the scale of financial management exceeded 100 billion, an increase of 36%, "In the future, the wealth management supply of industrial chain, supply chain, ecological chain and basic asset chain under 1 + n mode will be improved.
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\u3000\u3000 "In 2022, Everbright wealth management will continue to strengthen capacity-building in several aspects: first, give play to the low volatility product characteristics of bank wealth management to provide products for investors to better carry out product layout and asset allocation; second, form a good positive feedback according to the allocation of risk budget of different products and appropriate investment strategies, including transaction hedging and diversified allocation; third, further improve the investment and research ability from the industry research and investment system Build platform capability based on unified investment structure; Fourth, do a good job in investor education and communication with investors. " Zhang Xuyang, chairman of Everbright financial management, said.
real estate business overall risk is controllable, dynamic and prudent provision for credit
The financial report shows that by the end of 2021, the balance of corporate loans of China Everbright Bank Company Limited Co.Ltd(601818) real estate was RMB 197503 billion, a decrease from RMB 224.45 billion at the end of 2020, and the proportion in the bank's total loans also decreased from 13.54% to 11.03%; The balance of personal housing mortgage loans was 565296 billion yuan, an increase from 492444 billion yuan at the end of 2020.
At present, the development prospect of the real estate market has attracted much attention. How about the development of real estate related business of commercial banks, whether the risk is controllable, and whether the credit policy has been adjusted since this year?
China Everbright Bank Company Limited Co.Ltd(601818) vice president Yang Bingbing said in response to the 21st Century Business Herald reporter's question that the bank has always adhered to the positioning of "housing without speculation" and has always maintained a cautious attitude in the access and concentration management of the real estate industry. In 2021, the proportion of the bank's real estate related assets should be lower than the average level of comparable peers. There is still a certain space from the two upper limits of 27.5% of real estate loans and 20% of individual housing loans stipulated by the regulation.
"From the perspective of our real estate loan portfolio, the overall risk is controllable at present." Yang Bingbing said that it is mainly reflected in: first, in recent years, the bank has adhered to the principle of "housing without speculation", strictly implemented the concentration requirements of real estate loans, and the scale and proportion of real estate loans are relatively lower than the average level of joint-stock banks; Second, the bank strictly implemented the consolidated unified credit system, included credit, investment, financial management, consignment and other businesses into the unified credit scope, carefully verified the customer credit limit, strictly controlled the credit concentration of a single group and a single customer, and controlled the credit scale of major real estate enterprises; Third, under the background of "three red lines", the bank effectively reduced the credit scale of highly leveraged real estate enterprises through forward-looking investigation and dynamic early warning; Fourth, most of the bank's real estate loans have sufficient mortgage and pledge guarantee, and the risk mitigation measures are strong. "Generally speaking, the exposure is controllable and will not have a significant impact on the asset quality of our bank."
Yang Bingbing also said that the current situation encountered by the real estate market is only short-term fluctuations under the long-term trend. It is expected that the real estate industry will gradually stabilize in the future. The guild actively supports the construction and operation of affordable rental housing, actively supports urban renewal, reasonably supports the real estate M & A of "high-quality subjects + high-quality projects", supports the commercial housing market to better meet the reasonable housing needs of buyers, and promotes the healthy development and virtuous cycle of the real estate industry due to urban policies. "Of course, we will also further observe the risk evolution trend of the real estate industry and related fields, pay close attention to the changes in the credit risk of individual highly leveraged real estate enterprises, dynamically and prudently make credit provisions, and actively respond to all possible adverse situations."
