Dalian still has a better financial environment

Dalian, which was selected as one of the "Top Ten Financial Ecological Cities in China", not only has outstanding bank operating data, but also has a low non-performing asset ratio. All time low.

The "Business Times" reported that last year, the balance of non-performing assets in Dalian's banking industry was RMB 1.323 billion less than the previous year (the same below), and the ratio of non-performing assets dropped to a record low of 7.81%. The lowest in the Northeast.

Originally at the end of 2003, the bad debt balance of Dalian banking industry was 43.666 billion yuan, and the ratio was still 20%. In just three years, not only the bad debt ratio dropped to only single digits, but the balance It also dropped to 23.231 billion yuan.

Eliminate the increase in bad debt bank surplus

With the decline in bad debt ratio, the overall operating figures of Dalian banking industry have also improved; the total pre-tax surplus of each bank reached 4.335 billion yuan, an increase of 2.703 billion yuan over the same period last year, with a growth rate of 166%.

As for the total assets of Dalian's banking industry, it also reached 520.3 billion yuan, and the balance of deposits in local and foreign currencies was 397.484 billion yuan, with year-on-year growth of 19.04% and 15.03% respectively.

In recent years, Dalian has a strong ambition to become an international shipping center. However, according to the central government’s plan, the most important supporting facilities for becoming an international shipping center are the establishment of a regional financial center.

Accelerate the creation of a financial service center

In order to further develop the financial industry, the Dalian Municipal Government proposed to accelerate the development of modern service industries led by the financial industry; establishing the city as a national commodity futures center, It is the center of the insurance industry in the north and is also positioned as the capital, international settlement, foreign exchange transaction, investment and financing and financial service center of the Northeast region.

Currently, Dalian has 71 financial institutions above branches, 1,768 financial business offices, and financial assets of 551.9 billion yuan; last year, Dalian’s premium income was close to 6.5 billion yuan, ranking first in the depth and density of the insurance industry. The crown of the Northeast.

In addition, driven by the gradual development of the commodity futures industry, Dalian’s futures trading volume last year reached 5.22 trillion yuan, accounting for a quarter of the overall futures trading in mainland China.

In addition to commodity futures such as corn and soybeans, Dalian’s Petroleum Exchange also opened at the end of last year, following Shanghai. Dalian was chosen because it is the largest refined oil production base in mainland China and the largest transshipment center for crude oil and products.

The Dalian Petroleum Exchange was established on the basis of the original petrochemical products trading market in Dalian Free Trade Zone. Naturally, more than 100 old members have all become members of the exchange; the trading method has also changed from the traditional one to one with Integration of electronic transactions.

Another important indicator of the financial industry - foreign exchange transactions. Dalian’s foreign exchange transaction volume, total settlement and sales volume, and total international balance of payments account for more than two-thirds of Liaoning Province, and it also ranks first in Dalian as a whole. The first among the three provinces.

Continuously expand the scale of international business

In addition, since Dalian now has more than a dozen provincial-level Chinese financial institutions including Bank of China, Export-Import Bank, China CITIC Bank, Export Credit Insurance, etc. Level institutions or Northeast regional headquarters are located in Dalian. Driven by these higher-level financial institutions, the international business scale of Dalian banks has continued to expand. Today, it has established business agency relationships with nearly 4,000 banks in more than 150 countries and regions.

In recent years, Dalian has taken advantage of its various preferential statuses such as its Northeastern old industrial base, Bohai Bay economic zone and coastal open city. In the process of China's financial policy opening up, it is based on the financial opening policy given to Tianjin by the central bank. He said that although it was not directly given to Dalian, as a member of the Bohai Bay Economic Zone, Dalian should still be one of the most advantageous coastal open cities in the process of financial opening up in the future.