Annual Report on China's Banking Industry, 2008

Content

• Chapter One: China Banking Operation Basic Status
  • 1.1 Deposits
    • 1.1.1 Deposits in financial institutions expanded considerably
    • 1.1.2 Deposits of enterprises and residents increased remarkably, compared to great decline of fiscal deposits
    • 1.1.3 Trend of time deposit continued, accompanied by a growth slowdown by the link relative ratio month on month
  • 1.2 Loans
    • 1.2.1 Bank credit rebounded
    • 1.2.2 Loans of all terms picked up in December
    • 1.2.3 Note discount took a reduced proportion, and phenomenon of banks' reluctance to make loans mitigated
  • 1.3 Liquidity
    • 1.3.1 M2 growth accelerated, ending continuous downward trend
    • 1.3.2 M1 growth lagged behind M2, showing low inflation risk
  • 1.4 Interbank Market
    • 1.4.1 Market transactions remained brisk
    • 1.4.2 Money market interest rate kept declining
  • 1.5 Money Supply for Foreign Exchange Took Rising Proportion in Total Money Supply Month on Month
• Chapter Two: China Banking Operation Status
  • 2.1 Total Assets & Liabilities of Banking Financial Institutions Grew Steadily
    • 2.1.1 Generic situation and structure
    • 2.1.2 By institutions
  • 2.2 Non-performing Loans of Commercial Banks
    • 2.2.1 Dramatic reduction in outstanding non-performing loans came from policy-related spin-off of such loans of Agricultural Bank of China
    • 2.2.2 Structure of non-performing loans
    • 2.2.3 Non-performing loans by institutions
  • 2.3 Operating Result of Listed Commercial Banks
• Chapter Three: Dynamics of China Banking Policy, Reform and Opening Up
  • 3.1 Policy Dynamics
    • 3.1.1 CBRC requires rigorous control over loans to "Two High" industries
    • 3.1.2 Banks guard against automotive loan risks
    • 3.1.3 Bank-background QDIIs approved to invest in Japanese stock market
    • 3.1.4 Commercial banks win green light to trade gold futures
    • 3.1.5 Medium and large banks may establish rural finance market divisions
    • 3.1.6 Micro loan companies start piloting
    • 3.1.7 Commercial banks allowed to provide loans for quality VC
    • 3.1.8 CBRC bans financing-oriented trust guarantee business offered by commercial banks
    • 3.1.9 CBRC warns against the risk of illegal cash withdrawal with credit cards
    • 3.1.10 CBRC bans foreign exchange margin trading offered by financial institutions
    • 3.1.11 Central bank increases credit size for commercial banks
    • 3.1.12 Interest rate on micro secured loans allowed to rise 3%
    • 3.1.13 Strengthen commercial housing credit management
    • 3.1.14 CBRC launches urgent investigation on US-related assets
      • 3.1.1.5 Central bank cut down benchmark interest rates on loans and reserve ratio several times
    • 3.1.16 Lower limit of interest rate on personal housing loans cut 30% for selected borrowers
    • 3.1.17 Piloting of new rural financial institutions expanded
    • 3.1.18 Central bank lifted rigid control over credit sizes of commercial banks
    • 3.1.19 CBRC first issues small enterprise credit finance license
    • 3.1.20 CBRC allows M&A loans
    • 3.1.21 CBRC plans to adjust capital adequacy of commercial banks according economic cycle
  • 3.2 Banking Reform Dynamics
    • 3.2.1 Bank of China
    • 3.2.2 Industrial and Commercial Bank of China
    • 3.2.3 China Construction Bank
    • 3.2.4 Agricultural Bank of China
    • 3.2.5 China Merchants Bank
    • 3.2.6 Township banking reform dynamics
    • 3.2.7 Bank of Communications first launches personal gold futures investing business
    • 3.2.8 Ministry of Finance accepts Bank of Communications equity transferred by China SAFE Investments Ltd.
    • 3.2.9 Shenzhen Development Bank secures approval to issue RMB 7 billion subordinated bonds
    • 3.2.10 China Development Bank buys in Shenzhen Financial Leasing Co., Ltd.
    • 3.2.11 Beijing Rural Commercial Bank successfully places RMB 1.2 billion subordinated bonds
    • 3.2.12 China Everbright Bank officially submits IPO application
    • 3.2.13 China Development Bank participates in Barclays Bank's capital increase
    • 3.2.14 China Everbright Bank signs strategic partnership agreement with China Reinsurance (Group) Corporation
    • 3.2.15 China SAFE Investments Ltd. injects RMB 130 billion into Agricultural Bank of China
    • 3.2.16 First micro loan company opens in Shanghai
    • 3.2.17 Shanghai Pudong Development Bank buys 18% equity in Laishang Bank for RMB 378 million
    • 3.2.18 First township bank sponsored by China Construction Bank officially opens
    • 3.2.19 China Development Bank Co., Ltd. created on December
  • 3.3 Banking Opening up Dynamics
    • 3.3.1 Opening up dynamics of foreign banks
    • 3.3.2 CBRC cooperates with Monetary Authority of Singapore in banking QDII supervision
    • 3.3.3 Industrial and Commercial Bank approved to open Dubai subsidiary
    • 3.3.4 First case of Taiwan bank's participation in China Mainland bank in an indirect way
    • 3.3.5 Postal Savings Bank of China allowed to conduct negotiated deposit deals with foreign-funded banks in China
    • 3.3.6 Rockefeller joins hands with Societe Generale to attack China private banking market
    • 3.3.7 Agricultural Bank of China forges strategic alliance with Singapore Exchange Ltd.
    • 3.3.8 Agricultural Development Bank of China signs MOU on cooperation with National Australia Bank
    • 3.3.9 Bank of Beijing joins hands with Bank of Nova Scotia to march into fund business
    • 3.3.10 China UnionPay inks memorandum on strategic cooperation with DBS Bank
    • 3.3.11 Deutsche Bank offers personal RMB services in China
    • 3.3.12 Industrial and Commercial Bank of China qualified by New York State to operate business
    • 3.3.13 HSBC enters Yong'an of Fujian Province to accelerate deployment in rural market
    • 3.3.14 Bank of East Asia launches first foreign bank-issued credit card
    • 3.3.15 Bank of China signs cooperation MOU with Boeing
    • 3.3.16 Bank of China sets up subsidiary in Switzerland
• Chapter Four: China Banking Outlook and Analysis of Benefits of Major Banks
  • 4.1 China Banking Outlook
    • 4.1.1 Monetary policy direction had essential change
    • 4.1.2 Banking supervision to become more prudent
    • 4.1.3 Credit asset quality of banks faces challenge
    • 4.1.4 Central bank likely to have frequent rate cuts in H1, 2009
    • 4.1.5 Credit extension in H1, 2009 expected to take 70% of the full-year total
    • 4.1.6 Interest spread narrows, testing profitability of banks
    • 4.1.7 Banking likely to face severe asset quality problem
  • 4.2 Operating Result Profiles of Certain Banks
    • 4.2.1 Shanghai Pudong Development Bank
    • 4.2.2 China CITIC Bank
    • 4.2.3 Shenzhen Development Bank
    • 4.2.4 China Everbright Bank
    • 4.2.5 Industrial Bank Co., Ltd.
    • 4.2.6 Agricultural Bank of China
    • 4.2.7 Bank of Nanjing
    • 4.2.8 China Development Bank
    • 4.2.9 Agricultural Bank of China
  • Monthly Renminbi Deposits in Chinese Financial Institutions by Months, 2008
  • YoY Growth Rate of Renminbi Deposits of Chinese Enterprises and Residents by Months since 2007
  • Comparison between Renminbi Demand Deposits and Time Deposits of China by Months, 2008
  • Renminbi Loans of Chinese Financial Institutions by Months, 2008
  • YoY Growth Rates of Different-term Loans by Months in China since 2007
  • Year-on-year Growth Trend of China Money Supplies 2007-08
  • Term Structure of China Interbank Lending Transactions, 2008
  • Trend of Weighted Average Interest Rates on China Interbank Lending & Repurchases since 2007
  • Renminbi Fund Utilization of Chinese Financial Institutions by Months, 2008
  • Total Assets and Liabilities of China Banking Financial Institutions, 2008
  • Shares of China Banking Financial Institutions in Total Assets by Types, 2008
  • Total Assets and Liabilities of China State Banks, 2008
  • Total Assets and Liabilities of China Joint-stock Banks, 2008
  • Total Assets and Liabilities of China City Commercial Banks, 2008
  • NPL Categories of China Commercial Banks, 2008
  • Distribution of Non-performing Loans by Institutions