Pilot Lending And Lending: Improving Bank Profitability Is Not A Problem.

The three ministries and commissions such as the CBRC jointly issued the guiding opinions on supporting the banking financial institutions to increase innovation and carry out the pilot project of joint venture lending and lending. (hereinafter referred to as the "guiding opinions"), the chief economist of Communications Bank Lian Ping, in an interview with the China Securities Journal reporter, said that the official landing of the pilot project was a major breakthrough in the comprehensive operation of the banking industry, and it is also an innovation combining equity financing and debt financing.

In the long run, deepening the comprehensive operation of commercial banks is the general trend.

Lian Ping points out that the commercial banks' attempt to invest in loans will undoubtedly be a good choice for their future profitability.

Due to the limitation of commercial banking law, commercial banks are not allowed to provide loans to equity financing.

In the past, commercial banks took a lot of risks in supporting innovative enterprises, especially high-tech enterprises, but their profits were relatively limited (only a single interest income).

In the latter part of the business, the return of such enterprises will not be enjoyed by the commercial banks.

According to the guidance,

Financial institutions, through the combination of "credit" and the "equity investment" of the subsidiary with the investment function set by the group, can help to achieve the matching of credit risks and benefits of scientific and technological enterprises, and provide financial support for scientific and technological enterprises through relevant institutional arrangements.

In other words, the financial investment of commercial banks through subsidiaries, growing together with such enterprises and obtaining capital returns greatly mobilized their enthusiasm for supporting the high-tech industry of light assets.

But Lian Ping also said that in view of the fact that the investment high-tech sector is a high return and high-risk business, it is also a niche business. Commercial banks will be more prudent in carrying out loans and loans, and need to further identify business risks and not blindly invest in large scale.

Lian Ping stressed that in the long run, China's commercial banks will eventually move towards cross industry integration and deepen comprehensive management.

On the one hand, with the pformation and upgrading of China's economy and changes in customer demand, single financial services and products have long been unable to meet the diversified and personalized needs of enterprises and residents.

The service mode of commercial banks urgently needs to pform from the banking channel to the deep banking, securities, insurance, trust and other non banking financial institutions in depth integration, cross cooperation and collaborative services.

Which areas will be more favored by commercial banks in the pilot stage?

Think of at least four areas: first, the new manufacturing industry, including high-end equipment manufacturing and military manufacturing; two, energy saving and environmental protection industries; three, Internet related fields; four, new technological fields related to residents' consumption and consumption, such as medical health, especially high quality consumer goods, which will have great room for technological innovation, and currently have the ability to enjoy high-quality products.

It's big, but it's short supply.

On the other hand, at present, the degree of commercial bank integration is not high, and the scope of business operation is narrow.

Although China's largest banks have ranked the top in the world in terms of asset size, the comprehensive international competitiveness is still hard to compete with these international financial giants.

Commercial banks integrate with mature securities and insurance companies to realize the full sharing of customers, channels and systems, promote the deep integration of institutions, products and services, give full play to the advantages of economies of scale and economies of scale, reduce operating costs and increase operating income, help to improve the competitiveness of China's financial institutions and the ability of cross-border financial resources allocation, and enhance China's financial sector's right to speak in the international market.