Friday, November 11, 2016
Banks need to delegate power, improve regulations optimize services to support real economy
ANBOUND
Before and after October, China ushered in a new round of deep regulation of the property market; it is expected that some banks will adjust their loan business direction, actively or passively. Anbound research team believes that when the bank adjusts the allocation of assets, the main beneficiaries will still be a large number of state-owned enterprises and listed companies; private enterprises and SMEs will still have limited opportunities to obtain the loan. Yet in certain areas, private industrial enterprises are enjoying better days, and have stronger will in expanding investments and productions. The bank's credit and risk-control policies should not be one-size-fits-all, but should consider the development differences depending on the areas, industries and enterprises, and adopt regulation strengthening credit policies.