Featured Product

    CBIRC Data Highlight that Banking and Insurance Sectors Remain Healthy

    September 02, 2019

    CBIRC announced that the banking and insurance sectors in China continue to be healthy and to maintain a good momentum. Risks in key areas are effectively prevented and controlled, with capital adequacy ratios for commercial banks and insurance companies remaining adequate. The non-performing loan ratio of the banking sector was generally stable, along with the liquidity of commercial banks.

    The proportion of liquidity, liquidity coverage, and net stable funds reached 55.8%, 140.2% and 122.1%, respectively. The main liquidity indicators of small and medium-size banks generally met the regulatory requirements. Risk resilience remains stable. At the end of July, the provision coverage ratio of commercial banks was 188.1%, an increase of 10.3 percentage points over the same period of the previous year. With more innovative tools to supplement capital through multiple channels, commercial banks have issued more than CNY 700 billion of non-fixed-term bonds and second-class capital bonds this year, further strengthening their capital and consolidating their risk resistance. At present, the capital adequacy ratio of commercial banks has reached 14.12%, an increase of 0.58 percentage points over the same period of the previous year. The insurance companies' comprehensive solvency adequacy ratio was 245.3% and the core solvency adequacy ratio was 233.4%, both of which remained within a reasonable range.

     

    Related Link (in Chinese): News Release

     

    Keywords: Asia Pacific, China, Banking, Insurance, NPLs, Capital Adequacy, Liquidity Risk, NSFR, Basel, CBIRC

    Featured Experts
    Related Articles
    News

    Regulators Fine Goldman Sachs for Risk Management Failures

    FCA and PRA in the UK, FED in the US, and the authorities in Singapore have fined Goldman Sachs for risk management failures in connection with the 1Malaysia Development Berhad (1MDB).

    October 23, 2020 WebPage Regulatory News
    News

    Canada Hosts International Conference of Banking Supervisors

    BCBS announced that OSFI and the Bank of Canada hosted the 21st International Conference of Banking Supervisors (ICBS) virtually on October 19-22, 2020.

    October 22, 2020 WebPage Regulatory News
    News

    FCA Proposes More Measures to Help Insurance Customers Amid Crisis

    FCA proposed guidance on how firms should continue to seek to help customers who hold insurance and premium finance products and may be in financial difficulty because of COVID-19, after October 31, 2020.

    October 21, 2020 WebPage Regulatory News
    News

    EBA Issues Opinion to Address Risk Stemming from Legacy Instruments

    EBA issued an opinion on prudential treatment of the legacy instruments as the grandfathering period nears an end on December 31, 2021.

    October 21, 2020 WebPage Regulatory News
    News

    ESRB Publishes Non-Bank Financial Intermediation Risk Monitor for 2020

    ESRB published the fifth issue of the EU Non-bank Financial Intermediation Risk Monitor 2020 (NBFI Monitor).

    October 21, 2020 WebPage Regulatory News
    News

    HM Treasury Publishes Policy Statement Amending Benchmarks Regulation

    HM Treasury announced that the new Financial Services Bill has been introduced in the Parliament.

    October 21, 2020 WebPage Regulatory News
    News

    APRA Initiates Action Against a Bank for Liquidity Compliance Breach

    APRA announced that it has increased the minimum liquidity requirement of Bendigo and Adelaide Bank for failing to comply with the prudential standard on liquidity.

    October 21, 2020 WebPage Regulatory News
    News

    PRA Consults on Implementation of Certain Provisions of CRD5 and CRR2

    PRA published the consultation paper CP17/20 to propose changes to certain rules, supervisory statements, and statements of policy to implement elements of the Capital Requirements Directive (CRD5).

    October 20, 2020 WebPage Regulatory News
    News

    US Agencies Finalize Rule to Reduce Impact of Large Bank Failures

    US Agencies adopted a final rule that applies to advanced approaches banking organizations and aims to reduce interconnectedness in the financial system as well as to reduce contagion risks associated with the failure of a global systemically important bank (G-SIB).

    October 20, 2020 WebPage Regulatory News
    News

    US Agencies Finalize Rule on Net Stable Funding Ratio Requirements

    US Agencies (FDIC, FED, and OCC) adopted a final rule that implements the net stable funding ratio (NSFR) for certain large banking organizations.

    October 20, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 6004