At the 203rd regular press conference of the banking and insurance industry held recently, Shanghai Banking and Insurance Supervision Branch said that in 20 18, in terms of strengthening credit risk control, it urged banking institutions to include all loan balances overdue for more than 90 days in the category of non-performing loans statistics.

This news actually released a positive signal, that is, the bank insurance supervision department has been very strict in the assessment of bank non-performing loans. In doing so, the regulatory authorities are judging the situation and can prepare for financial risks, which is commendable.

In fact, this is not the first time that the local banking regulatory bureau has expressed its position on the caliber of non-performing loans. 20 18 12 14 The then preparatory group of Shaanxi Banking Regulatory Bureau issued the Notice on Strengthening the Liquidity Risk Management of Small and Medium-sized Commercial Banks within its jurisdiction, requiring all corporate banking institutions to count all loans overdue for more than 90 days as non-performing loans at the end of the year. Previously, the head office of a commercial bank also required banking institutions within its jurisdiction to include all non-performing loans overdue for more than 90 days in the category of non-performing loans statistics. The four major state-owned banks, ICBC, ABC, BOC and CCB, stipulated many years ago that loans overdue for more than 90 days have already been included in non-performing loans. It can be predicted that in the future, more provincial (municipal) banking insurance regulatory bureaus will follow the example of Shanghai and Shaanxi, and more commercial banks will take the initiative to include loans overdue for more than 90 days into non-performing loans.

Whether loans overdue is overdue for 90 days is the regulatory lever for non-performing loans formulated by the regulatory authorities. From the current banking reality, we should objectively and rationally treat all loans overdue for more than 90 days as non-performing loans. In the short term, it may have a certain impact on the immediate operating profits of commercial banks, such as eroding the profits of commercial banks, leading to a decline in the overall operating profits of commercial banks, and affecting the performance of various assessments of commercial banks to some extent. In addition, it may not bring too much negative impact. But in the long run, if all loans overdue for more than 90 days are included in the category of non-performing loans, the advantages outweigh the disadvantages for commercial banks and will bring many benefits to their operations. This positive impact may be manifested in four aspects:

First of all, it will curb the short-term business behavior of commercial banks, and force commercial banks to truly incorporate long-term sustainable development into their business development goals, laying a solid foundation for commercial banks to enter a benign track. As the regulatory authorities put all loans overdue for more than 90 days into the category of non-performing loans, this is not only an effective constraint on the blind expansion of commercial banks' credit, but also an effective spur to force commercial banks to recognize the objective economic situation and maintain the stable operation of credit. Commercial banks should always maintain a timely and calm attitude towards the current economic and financial situation at home and abroad, change the ideas and concepts of credit development in time, effectively serve the structural reform of the supply side, continuously increase the disposal of non-performing loans, truly reflect the quality of assets, and free up more credit resources to enhance the ability to serve the real economy; Only by putting in credit funds can commercial banks meet the requirements of national industrial policies, reduce the mistakes in credit supply, continuously improve the efficiency of credit supply, and make commercial banks always run on a healthy and sustainable track.

Secondly, it is conducive to curbing the fraud of non-performing loans of commercial banks, comprehensively, objectively and truly reflecting non-performing loans, and fully exposing the risk of credit operation, thus providing accurate decision-making basis for the regulatory authorities to formulate correct regulatory policies and the government to formulate macro-control credit policies. Previously, due to the lack of strict confirmation and identification of non-performing loans by the regulatory authorities, the statistics of non-performing loans in various places were inconsistent, resulting in objective and inaccurate statistics of non-performing loans, and the deviation of non-performing loans showed an upward trend. It is precisely because there is a certain "vacuum" in supervision that some commercial banks continue to cover up the authenticity of non-performing loans by issuing loans in order to avoid the supervision of non-performing loans by the regulatory authorities, so that the non-performing loans of the entire banking institution cannot be truly exposed to the regulatory authorities and the macro-decision-making departments of the central government, resulting in some mistakes in policy formulation such as the disposal of non-performing loans and the adjustment of credit structure and the direction of delivery. This is a very serious consequence, which must be attached great importance to by all levels of regulatory authorities and commercial banks.

Thirdly, it is helpful to urge commercial banks to make adequate provision, improve their risk preparedness and lay a solid "economic foundation" for preventing and resolving financial risks. 2065438+March 2007, CBRC issued the Notice on Adjusting the Supervision Requirements for Loan Loss Provision of Commercial Banks, and decided to adjust the supervision requirements for loan loss provision of commercial banks. Specifically, the regulatory index of provision coverage ratio is adjusted from the original 150% to 120% ~ 150%, and the regulatory index of loan provision ratio is adjusted from the original 2.5% to 1.5% ~ 2.5%. Although the requirements are reduced, the premise is that the loan classification should be accurate; If non-performing loans cannot be fully and truly reflected, loan provisions should not be withdrawn, which may lead to insufficient provision coverage of commercial banks and weaken their credit risk resistance. Moreover, the elimination of overdue loans included in non-performing loans will increase the untrue reflection of commercial profits, promote the blind distribution of profits by commercial banks, and make the anti-risk ability of commercial banks decline continuously, which will bring serious consequences to the operation of the whole commercial bank.

Finally, help commercial banks to continuously strengthen credit internal control, prevent the blind expansion of credit scale, promote commercial banks to continuously optimize credit structure, revitalize the stock of credit resources, improve the efficiency of credit management by continuously improving the vitality of credit resources, promote the intensive and efficient supply of commercial credit, and fundamentally reverse the extensive credit management situation. In the future, the central bank and the China Banking Regulatory Commission will adopt different credit policies on the credit quality of commercial banks, adopt different tolerance and corresponding accountability measures according to the quality of credit assets of commercial banks, urge commercial banks to put the pursuit of credit asset quality in the first place, overcome the tendency of blindly pursuing credit scale expansion, and help reduce the overall risk of the banking industry.