On the same day, Hu Zejun reported to the National People's Congress Standing Committee (NPCSC) the rectification of the problems found in the implementation of the central budget in 20 16 and other financial revenue and expenditure audits. She said that relevant commercial banks carried out self-examination in accordance with the unified deployment of the regulatory authorities, focusing on illegal lending, lax "three investigations" of loans, and insufficient exposure of credit risks, and increased accountability for repeated investigations and repeated crimes.
In response to problems such as illegal lending and handling bill business, relevant banks have completed rectification through measures such as recovering loans, strengthening mortgage (pledge) and strengthening post-loan supervision, of which 4.587 billion yuan has been recovered; In terms of asset quality management, relevant banks accurately classify, effectively control risks and disclose information as required on the basis of self-examination.
In view of the problems found by the audit that the investment of commercial banks needs to be further optimized, eight key commercial banks have effectively increased their support for agriculture, rural areas and farmers; Formulate and improve the supporting system documents related to financial services for small and micro enterprises, and optimize the business process of renewing loans; Set up inclusive finance Business Department, adjust the internal assessment mechanism, and further improve the efficiency of financial services for small and micro businesses and agriculture-related businesses.
Hu Zejun said that in promoting the prevention and resolution of financial risks, the CBRC strengthened the management and control of credit risks, promoted the stability of non-performing loans of commercial banks, and further expanded the independent management rights of banks according to law.
It's time for punishment