Affected by natural disasters and regional default events, the non-performing rate of Dalian Rural Commercial Bank exceeded 8%.
Our reporter Guo Wei Source: This newspaper
As the main force of the financial industry to support small and micro enterprises and agriculture, the operation of rural commercial bank 20 18 deserves attention. It seems to be a difficult problem for rural commercial banks to maintain their good management level and low non-performing rate while supporting agriculture and rural areas.
According to the annual report of Dalian Rural Commercial Bank (hereinafter referred to as "Dalian Rural Commercial Bank"), the reporter found that the bank's net profit has declined for three consecutive years, and the bank's non-performing loan ratio reached 8.73% at the end of 20 18. By the end of 20 16, 20 17, and 20 18, the assets of Dalian Rural Commercial Bank had reached10301million yuan, 107222 million yuan and/kloc-0, respectively. In 20 16, 20 17 and 20 18 years, the operating income of Dalian Rural Commercial Bank was183,800 yuan,192,000 yuan and 2160,000 yuan respectively, and the net profit was 3,000 yuan respectively.
Natural disasters and regional default events have caused the NPL ratio to soar.
It is noteworthy that according to the interbank deposit issuance plan of 20 19, by the end of 20 16, 20 17 and 20 18, the NPL ratio of Dalian Rural Commercial Bank was 2.9 1%, 4.95% and 8.75% respectively.
From the perspective of loan investment, by the end of 20 18, the top five industries in which Dalian Rural Commercial Bank invested loans were manufacturing (accounting for 17.20%), agriculture, forestry, animal husbandry and fishery (accounting for 13.94%), wholesale and retail (accounting for1/kloc-0)
Agriculture-related loans account for a large proportion of Dalian Rural Commercial Bank loans. By the end of 20 18, the agricultural loans of Dalian Rural Commercial Bank amounted to 33.34 billion yuan, accounting for 70% of the total loans of various entities in the city and 20% of the total agricultural loans of financial institutions in the city.
Dalian Rural Commercial Bank explained in the "20 19 Annual Interbank Deposit Certificate Issuance Plan" that there are two reasons for the increase in NPL ratio.
First, the bank has a large proportion of agricultural loans, and the non-performing rate of agricultural loans has continued to rise in the past two years, mainly due to the frequent natural disasters in Dalian in the past two years. The continuous high temperature in the summer of 20 18 caused a large number of seafood such as captive sea cucumbers to die and could not be harvested; After autumn, the epidemic situation of African swine fever caused great adverse effects on pig breeding in Pulandian and Wafangdian areas of Dalian, and the slaughter rate of pigs dropped to zero in 20 18. In that year, non-performing loans for seafood and pigs increased by 340 million yuan.
The second reason for the increase in NPL ratio is that due to the continuous downward trend of regional economy, credit risk default events occur frequently, and regional large-value risk events occur frequently. Many regional risk events, such as the risk events of Northeast Special Steel Group and the bankruptcy of large machine tools, have aggravated the deterioration of asset quality. Due to the default of Northeast Special Steel and large machine tools, the non-performing loans of Dalian Rural Commercial Bank increased by about 600 million yuan in 20 17 and 20 18 years.
Dalian Rural Commercial Bank said that in addition to the traditional cash collection method, debt is paid in kind. Continue to innovate the collection method, and improve the speed and intensity of disposal and resolution through multiple channels such as listing transfer and packaging transfer. Dalian Rural Commercial Bank said that 20 19 will be the year of non-performing loans disposal, and the target of non-performing loans disposal is locked at 5%.
Dalian Rural Commercial Bank did not disclose the provision coverage ratio as of the end of 20 18 in its annual report. By the end of the third quarter of 20 18, the Bank's provision coverage ratio was 56.02%. At the end of 20 17, the index was still above 100%, which was 103.86%.
The capital adequacy ratio has been declining year after year.
The annual report shows that by the end of 20 16, 20 17 and 20 18, the capital adequacy ratio of Dalian Rural Commercial Bank was 12.44%,1.54% and/kloc-0, respectively. The capital adequacy ratio is also worthy of attention.
In this regard, the bank explained that due to the lack of obvious signs of economic recovery, the quality of credit assets continued to deteriorate, and non-performing loans rebounded, which led to an increase in the gap in loan loss provision. Consumed a certain amount of capital, the scale of net capital decreased, and the index of capital adequacy ratio decreased. During 2065438+2008, the Bank retained and supplemented its capital through profits, but its supplementary function to capital was limited. With the development of business and the continuous decline of asset quality, the provision coverage ratio has declined, and the Bank is facing certain capital replenishment pressure.
Dalian Rural Commercial Bank said that in 20 19, with the help of the municipal government, the bank will actively implement capital increase and share expansion, giving priority to the major shareholders who have issued a written commitment to continuously replenish capital, ensuring the control of the original shareholders, and at the same time selecting qualified institutional strategic investors to invest in a certain proportion to purchase non-performing assets. If conditions permit, the Bank will start issuing secondary capital bonds to enhance its ability to replenish secondary capital.
Dalian Rural Commercial Bank said that in order to reverse the deterioration of asset quality, effectively control non-performing loans, ease the pressure of capital replenishment and improve the level of capital adequacy, the bank will adjust its credit policy on 20 19 and strictly control credit risks; Strictly control overdue loans and actively resolve bad risks; Speed up the disposal process of debt-paying assets and reduce capital consumption; At the same time, strengthen cost control, improve operating efficiency, enhance profitability, increase endogenous capital replenishment, actively plan capital increase and share expansion, and broaden the channels for exogenous capital replenishment.
Shares of Dalian Rural Commercial Bank are dispersed. By the end of 20 18, the top three shareholders of Dalian Rural Commercial Bank were Dalian Detai Holdings Co., Ltd., Dalian Locomotive Commercial City (3.930, 0.04, 1.03%) Co., Ltd. and Yingkou Venture Capital Guidance Fund Co., Ltd., all holding 10%.
Dalian Rural Commercial Bank was established on June 29th, 2002. It is a joint-stock commercial bank established by corporate legal persons and natural persons who meet the conditions of promoters on the basis of the former Dalian Rural Credit Cooperative Association and its eight county-level banks. It is the first rural commercial bank in Northeast China, which is restructured and established by the city as a whole, and governs Zhuanghe, Wafangdian, Pulandian, Changhai, Jinzhou, Development Zone, Lushun and Changhai.