The CBRC Will Push Monthly Average Daily Loans And Loans To Monitor &Nbsp; Prevent Liquidity Risks.

Following the capital adequacy ratio, liquidity indicators will become increasingly important.

A person close to the regulatory authorities disclosed to the first Financial Daily yesterday.

The insider also revealed that regulators wanted the bank to establish.

Liquidity indicators ring alarm bells

"In recent years, the liquidity risk of domestic banking industry has begun to show signs of growth."

Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC), made special arrangements on the issue at the fourth economic and financial situation analysis notice, the person familiar with the matter said.

The internal data of regulators show that the liquidity ratio of banking financial institutions has been declining since the end of 2008: the ratio of liquidity in December 2008, December 2009, June 2010 and September 2010 was 49.8%, 46.4%, 44.7% and 43.5% respectively.

"In addition, with the rapid growth of credit in 2009, the proportion of medium and long-term loans in China's banking industry has also increased significantly, while the proportion of regular deposits has declined in the same period."

A state-owned big bank official said that the wrong allocation of assets to the commercial banks has brought some pressure to manage liquidity.

The internal data of regulators showed that in the 6 months of 2008, the banking industry accounted for 51.6% of the medium and long term loans, but by the end of 9 in 2010, this proportion rose to 60%. In terms of time deposits, 2008 accounted for 40.7% at the end of 2008, and fell to 38.2% at the end of 2010 2008.

The above two changes have aroused the vigilance of regulators.

In fact, the source of capital in China's banking industry is mainly absorbing deposits.

In terms of system design, regulators also require that the ratio of deposit to loan ratio of banks should be below 75%, that is, the scale of bank loans should not exceed 75% of the deposit scale.

Therefore, China's banking industry has always been in a good position.

"During the financial crisis, Lehman and Bell Sten went bankrupt due to the deterioration of liquidity.

Strengthening the regulation of liquidity risk is also one of the lessons of the financial crisis. "

Therefore, the Basel Agreement III introduced new liquidity indicators.

Drawing on the Basel Agreement III, the CBRC has also added liquidity indicators to the new four tools implementation requirements (Draft). The requirements (liquidity coverage) LCR and (net stable capital ratio) NSFR need to reach 100%.

According to the people familiar with the matter, regulators believe that LCR and NSFR are more sophisticated and forward-looking than current liquidity monitoring indicators.

At present, China's banking industry has reached the standard as a whole, and the situation of big banks is better than that of small banks.

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Monthly loans are monitored for liquidity.

Although the LCR and NSFR indicators have not yet been implemented, according to the current situation of rising liquidity risk, the people familiar with the matter also revealed that the CBRC urged banks to further strengthen liquidity management and stability management of financing sources.

"Regulators also require the banking industry to pay attention to the stress test of liquidity risk."

The person familiar with the matter said that under the premise of following the prudent principle of setting pressure scenarios and taking full account of the correlation among various risk factors, the stress tests should be carried out at least quarterly according to the complexity of their businesses.

In fact, the high credit growth rate in 2009 led to a sharp rise in the loan to loan ratio in the first half of 2010, which has more or less exposed the potential liquidity problem of China's banking industry.

China's banking loan to deposit ratio and other liquidity indicators are mostly data at the end of the month and the end of the quarter, while the commercial banks are also at the end of the month and the end of the season.

Under such pressure, the absorption of deposits has become the focus of commercial banks at the end of the quarter.

"Many banks' scale complex" is deep-rooted, keen on market rankings and shares, relying unilaterally on time scale assessment, resulting in high interest rates and illegal storage.

The person familiar with the matter said.

In September, the CBRC also investigated a number of commercial bank institutions and individuals who violate the regulation of storage. They investigated and dealt with areas involving Shanghai, Hebei, Shandong, Shenzhen and many other banks.

A large state-owned bank believes that this short-term behavior at the expense of bargaining power and risk control not only distorts the regulatory data, but also distorts the supply and demand situation of the capital market and aggravates the fluctuation of the internal liquidity of the banking system.

In response to these problems, the people familiar with the matter said that regulators required banks to establish a monthly average daily loan statistics system and to monitor liquidity levels by monthly loans.

Discarding the unscientific approach of performance appraisal at the end of the month and the end of the season.