The Bank Has Raised The Interest Rate On Railway Loans &Nbsp, Which Was Almost Equivalent To No Interest.

Some state-owned banks are planning to increase lending to the Ministry of Railways on related projects, which may raise loan interest rates.

Yesterday, reporters learned from some banks in Guangdong that some banks' business departments are discussing the gradual increase of loan interest rates for related railway loan projects. "We have no specific plans for the time being, but we will adjust the interest rate of railway construction projects from the perspective of risk control." The head of a large state-owned bank in Guangdong told reporters.

Previously, the Ministry of Railways from banks loan Most of the interest rates are 10% lower than the bank benchmark interest rate.

According to the latest credit rating report issued by Dagong Rating firm to the Ministry of railways, the Ministry of Railways in 2010 increased the loan amount by 450 billion yuan. By the end of 2010, the total amount of domestic loans reached 1 trillion and 250 billion yuan, while the interest paid only amounted to 25 billion yuan, including 19 billion 300 million yuan bond interest, which meant that the real interest paid on loans was only 5 billion 700 million yuan, almost equivalent to interest free loans.

The 2010 annual report of the Ministry of Railways shows that in 2010, the Ministry of Railways increased the loan amount by 450 billion yuan, and the total domestic loans amounted to 1 trillion and 250 billion yuan, with a total liabilities of 1 trillion and 890 billion yuan. debt ratio Increased from 53.06% to 57.44%. According to media reports, the Ministry of Railways loans mainly come from four major banks and CDB, of which the industrial and Commercial Bank (601398) has the highest loan share, and CDB has 170 billion yuan loan.

The analysis points out that if the bank raises the loan interest rate, the Ministry of Railways will bear unprecedented pressure on the financing channels of high-speed rail projects. In the long run, the progress of the high-speed rail project under construction is likely to be affected. delay This means that the profitability of the high-speed rail project has been weakened and the return period has been extended. If banks' exposure to related "iron related" projects is further increased, non-performing loans will also be increased.

Guo Tianyong, director of the banking management center of Central University of Finance and Economics, believes that the overall impact of motor vehicle accidents on bank lending quality should not be too large, because China's Ministry of Railways has a sovereign credit rating and is less likely to default on related debts.