China Banks Rush to Raise Record Debt as Credit Losses Mount
Connect with us

Swoon

China Banks Rush to Raise Record Debt as Credit Losses Mount

Odyssey News

Published

on

China Banks Rush to Raise Record Debt as Credit Losses Mount
Want create site? Find Free WordPress Themes and plugins.

Chinese banks are rushing to boost capital as they prepare for a potential spike in bad loans due to the economic slowdown and spreading housing crisis.

A record amount of fresh money has come from financial markets, with banks selling 29% more bonds in the first half of the year compared to last year to replenish capital and cover credit losses. Local authorities also provided funds from government bond sales to help cash-strapped regional lenders.

 

China’s economy grew at the weakest pace in more than two years in the second quarter due to Covid lockdowns and a protracted housing market downturn, stoking worries about an increase in companies and individuals who cannot repay loans. Those fears deepened recently when hundreds of thousands of home owners said they would stop paying the mortgage on houses that aren’t built yet, raising the pressure on developers, who may face more difficulty selling projects and also have to repay banks loans.

“We believe that asset quality is worsening due to Covid-related lockdowns, the property slump, the risks associated with small and micro loans, and the general economic slowdown in China,” said Harry Hu, a senior director at S&P Global Ratings. The capital injections from the government “will help those small regional banks with large bad loan burdens to clean up their books and support the local economies.”

Booming Issuance

Chinese banks accelerate sales of bonds meant for beefing up capital

Source: Bloomberg

Note: 2022 data through July 27.

In the year through July 27, lenders had sold a combined 568 billion yuan ($84 billion) of Additional Tier 1 debt, which is among the first to absorb losses in times of stress, and Tier 2 bonds. China’s big-four state-owned banks are the major sellers of the bonds this year, according to data on onshore sales compiled by Bloomberg, although local lenders including Bank of Hebei Co., Chengdu Rural Commercial Bank Co., and Bank of Shanghai Co. are also selling.

Such debt is the main tools for banks to add extra capital, analysts including Liao Zhiming of China Merchants Securities Co. wrote in a report in May.

In addition to this, the central government will allow 320 billion yuan generated from the sale of special local bonds to be used to top up the capital of medium- and small-sized banks, the Financial News reported last week, citing an unnamed official with the China Banking and Insurance Regulatory Commission. The amount, including 120 billion yuan in unused funds from last year, is 60% higher than in 2020 when money from the sale of these bonds was first allowed to be used for that purpose.

Bad Loans Rising

Bad loans increased by almost 107 billion yuan in the first half of the year to 2.95 trillion yuan, according to the CBIRC. That’s the biggest six-month increase since the height of the domestic pandemic in the first half of 2020, according to Bloomberg calculations based on the commission’s data. Meanwhile, banks’ capital adequacy ratio fell for the second straight quarter to 14.87% at the end of June.

“The pressure on non-performing loans to rebound increased as the downward pressure on the economy was gradually felt by the financial sector,” Liu Zhongrui, an official with the CBIRC’s statistics and risk monitoring department, said at a briefing last week.

The “slower than expected” economic recovery has led S&P to raise its estimate of banks’ non-performing assets, which includes bad loans and some ‘special-mention loans,’ to 7.5% of total lending this year. That’s up from a May forecast of 6.5% and last year’s actual ratio of 6%.

The problem is especially acute at small and medium-sized lenders, which hold 29% of the banking sector’s total assets, according to CBIRC data. They have long been plagued by lax governance, heavy reliance on big local firms for loans and deposits, and they are more exposed to the weak links in the economy than bigger lenders, such as agriculture-related industry and small businesses.

Gone Bad

Non-performing loans rose by most in two years in first half of 2022

Source: China Banking and Insurance Regulatory Commission, Bloomberg

The government’s efforts to push banks to lend more risk exacerbating the problem of asset quality. Corporate and household demand for loans is weak as Covid curbs remain a threat to business and household incomes, and if banks have to lower their lending requirements to attract borrowers then they could find themselves making new loans with little hope of repayment.

Financial regulators have urged banks to boost lending to builders to help finish the projects, and officials are considering giving some homeowners a grace period on payments, Bloomberg reported. That will likely worsen the earnings of banks which have already extended loan relief measures for Covid-hit smaller businesses and mortgage holders.

Regional Risks

The authorities are speeding up the use of special local government bonds to beef up smaller banks’ capital this year “to consolidate the important line of defense against banking risks,” the CBIRC’s spokesman Qi Xiang said at the briefing last week. In the first half of this year, 103 billion yuan out of the special bond quota was allocated to Henan, Liaoning, Gansu and Dalian city, he said.

Liaoning had the highest number of “high-risk” financial institutions in a 2020 review of financial firms by the People’s Bank of China, followed by Gansu, Inner Mongolia and Henan. When it published the 2021 assessment in March this year, the central bank said high-risk firms were concentrated in four provinces, but didn’t name them. More than 90% of the 316 high-risk institutions were among rural and county banks.

There have been some high profile problems at banks in Henan and Liaoning recently, with protests in Henan from people who had their money stolen in the nation’s biggest bank scam and a rural bank being taken over by a different bank in Shenyang, Liaoning’s capital. Both provinces have also been hit by the mortgage boycott.

“Corporate sentiment and ability to increase capital expenditure are both very weak and so economic momentum is yet to pick up,” said Peiqian Liu, chief China economist at NatWest Group Plc. “As long as property woes and Covid linger, bad loans at banks will continue to rise.”

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Lms Uika

Odyssey News

Published

on

Lms Uika
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Lms Uika? You have come to the right place! In this blog post, we will provide a step-by-step guide on Lms Uika.

Lms Uika

 

This is a complete list of sources that I found to be helpful in researching Lms Uika. If there are any other sites or articles you think should make this list, please leave them as comments below so we can include them!

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Halimbawa Ng Tekstong Prosidyural

Odyssey News

Published

on

Halimbawa Ng Tekstong Prosidyural
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Halimbawa Ng Tekstong Prosidyural? You have come to the right place! In this blog post, we will provide a step-by-step guide on Halimbawa Ng Tekstong Prosidyural.

Halimbawa Ng Tekstong Prosidyural

 

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Magelang Flasher Frp

Odyssey News

Published

on

Magelang Flasher Frp
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Magelang Flasher Frp? You have come to the right place! In this blog post, we will provide a step-by-step guide on Magelang Flasher Frp.

magelang flasher frp

 

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Raymond Weber

Odyssey News

Published

on

Raymond Weber
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Raymond Weber? You have come to the right place! In this blog post, we will provide a step-by-step guide on Raymond Weber.

Raymond Weber

 

 

This is a complete list of sources that I found to be helpful in researching Raymond Weber. If there are any other sites or articles you think should make this list, please leave them as comments below so we can include them!

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Wpit18

Odyssey News

Published

on

Wpit18
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Wpit18? You have come to the right place! In this blog post, we will provide a step-by-step guide on Wpit18.

This is a complete list of sources that I found to be helpful in researching Wpit18. If there are any other sites or articles you think should make this list, please leave them as comments below so we can include them!

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Integrasi Mekaar

Odyssey News

Published

on

Integrasi Mekaar
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Integrasi Mekaar? You have come to the right place! In this blog post, we will provide a step-by-step guide on Integrasi Mekaar.

Integrasi Mekaar

 

This is a complete list of sources that I found to be helpful in researching Integrasi Mekaar. If there are any other sites or articles you think should make this list, please leave them as comments below so we can include them!

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Tiga Peran Penting Rumah Tangga Pemerintah Adalah Sebagai

Madison Franz

Published

on

Tiga Peran Penting Rumah Tangga Pemerintah Adalah Sebagai
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Tiga Peran Penting Rumah Tangga Pemerintah Adalah Sebagai? You have come to the right place! In this blog post, we will provide a step-by-step guide on Tiga Peran Penting Rumah Tangga Pemerintah Adalah Sebagai

Tiga Peran Penting Rumah Tangga Pemerintah dalam Kegiatan …

 

 

 

 

7. Tiga peran penting rumah tangga pemerintah adalah … – Brainly

 

Salah satu pelaku ekonomi yang ada di suatu negara adalah rumah tangga pemerintah. Rumah tangga pemerintah memiliki tiga peran penting, … 

 

 

 

Tiga Peran Penting Rumah Tangga Pemerintah sebagai Pelaku …

 

 

 

 

Tiga Peran Penting Rumah Tangga Pemerintah – Tirto.ID

 

 

 

 

Tiga peran penting rumah tangga pemerintah adalah …

 

Tiga peran penting rumah tangga pemerintah adalah sebagai . . . . a. regulator, konsumen, dan produsen b. konsumen, produsen, dan pemungut … 

 

 

 

Tiga peran penting rumah tangga pemerintah adalah sebagai …

 

 

 

 

Tiga Peran Penting Rumah Tangga Pemerintah dalam Kegiatan …

 

 

 

 

Tiga Peran Penting Rumah Tangga Pemerintah Adalah Sebagai

 

Tiga peran penting rumah tangga pemerintah adalah sebagai. Regulator, Konsumen, dan Produsen. Rumah tangga pemerintah adalah penguasa dalam suatu nengara … 

 

 

 

Penjelasan Tiga Peran Penting Rumah Tangga Pemerintah

 

 

 

 

Tiga Peran Penting Rumah Tangga Pemerintah Adalah Sebagai?

 

Tiga peran penting rumah tangga pemerintah adalah sebagai? · regulator, konsumen, produsen · konsumen, produsen, pemungut pajak · motivator, fasilitator, regulator … 

 

 

 

Rumah Tangga Produsen Yang Dimiliki Oleh Pemerintah Adalah

 

Tiga peran penting rumah tangga pemerintah tersebut adalah sebagai produsen yang memproduksi barang dan jasa bagi kepentingan publik. 

 

 

 

Rumah Tangga Pemerintah

 

Tiga peran penting rumah tangga pemerintah adalah sebagai pengatur, produsen, dan konsumen. Pemerintah bertugas untuk mengatur, mengendalikan, serta mengadakan … 

 

 

 

Tiga peran penting rumah tangga pemerintah selain sebagai …

 

 

 

 

Tiga peran penting rumah tangga pemerintah adalah sebagai?

 

Tiga peran penting rumah tangga pemerintah adalah sebagai? · regulator, konsumen, dan produsen · motivator, fasilitator, dan regulator · konsumen, produsen, dan … 

 

 

 

3 Peran Rumah Tangga Pemerintah dalam Kegiatan Ekonomi

 

Rumah tangga pemerintah dalam kegiatan perekonomian memiliki tiga peranan penting, yakni sebagai produsen, konsumen, dan pengendali perekonomian. 

 

 

 

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Chord Tri Suaka Aku Bukan Jodohnya

Madison Franz

Published

on

Chord Tri Suaka Aku Bukan Jodohnyaq
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Chord Tri Suaka Aku Bukan Jodohnya? You have come to the right place! In this blog post, we will provide a step-by-step guide on Chord Tri Suaka Aku Bukan Jodohnya

Kunci Gitar Tri Suaka – Aku Bukan Jodohnya Chord Dasar

 

Kunci Gitar Tri Suaka – Aku Bukan Jodohnya Chord Dasar … Capo ♪ fret 3 Intro : C G F G Am G F.. C G/B Am G ini salahku.. F G C terlalu memikirkan egoku.. F G … 

 

 

 

Tri Suaka – Aku Bukan Jodohnya Chord – Malay Gitar Kord

 

 

 

 

Chord Dasar Gitar Aku Bukan Jodohnya – Tri Suaka: Aku Titipkan Dia

 

 

 

 

Chord Dasar Aku Bukan Jodohnya – Tri Suaka – Tribunnews.com

 

 

 

 

Chord Tri Suaka – Aku Bukan Jodohnya Kunci Gitar Dasar dan Lirik

 

Kunci Gitar Chord Tri Suaka – Aku Bukan Jodohnya Capo : Fret 3 Intro C G F G Am G F C G Am G ini salahku..F G C terlalu memikirkan egoku F G tak mampu. 

 

 

 

Kunci Gitar Tri Suaka – Aku Bukan Jodohnya Chord

 

 

 

 

Chord Gitar Tri Suaka – Aku Bukan Jodohnya – ChordBase.id

 

Chord gitar dan lirik lagu Tri Suaka – Aku Bukan Jodohnya dengan kunci dasar. Intro : G D C D Em D C.. G D/F# Em D ini salahku. 

 

 

 

LIRIK dan Chord Gitar Aku Bukan Jodohnya dari Tri Suaka, Hits di …

 

 

 

 

Tri Suaka – Aku Bukan Jodohnya – Kompilasi Chord

 

Tri Suaka – Aku Bukan Jodohnya · D# A# G# A# · [Verse I:] · ini salahku.. · terlalu memikirkan egoku.. · tak mampu buatmu · bersanding nyaman denganku · terlambat … 

 

 

 

Chord Gitar ‘Aku Bukan Jodohnya’ Tri Suaka Lengkap dengan Liriknya

 

 

 

 

Chord Gitar Tri Suaka – Aku Bukan Jodohnya – Penchord.com

 

Chord Gitar Tri Suaka – Aku Bukan Jodohnya ; Ini salahku. F G C ; Terlalu memikirkan egoku. F G Em Am ; Tak mampu buatmu bersanding nyaman denganku. Dm G ; Hingga … 

 

 

 

Chord Gitar Aku Bukan Jodohnya – Tri Suaka: Aku Titipkan Dia …

 

 

 

 

Kunci Gitar Tri Suaka Aku Bukan Jodohnya – Gencil News

 

 

 

 

Bo Chord Aku Bukan Jodohnya | Tri Suaka (G) – Kekitaan.com

 

 

 

 

Tri Suaka – Aku Bukan Jodohnya Chord Gitar dan Lirik Lagu

 

Chord Tri Suaka – Aku Bukan Jodohnya Capo fret 3 Intro C G F G Am G F C G B Am G ini salahku F G C terlalu memikirkan egoku F G tak mampu buatmu Em Am … 

Kunci Gitar Tri Suaka – Aku Bukan Jodohnya Chord Dasar

 

Kunci Gitar Tri Suaka – Aku Bukan Jodohnya Chord Dasar … Capo ♪ fret 3 Intro : C G F G Am G F.. C G/B Am G ini salahku.. F G C terlalu memikirkan egoku.. F G … 

 

 

 

Tri Suaka – Aku Bukan Jodohnya Chord – Malay Gitar Kord

 

 

 

 

Chord Dasar Gitar Aku Bukan Jodohnya – Tri Suaka: Aku Titipkan Dia

 

 

 

 

Chord Dasar Aku Bukan Jodohnya – Tri Suaka – Tribunnews.com

 

 

 

 

Chord Tri Suaka – Aku Bukan Jodohnya Kunci Gitar Dasar dan Lirik

 

Kunci Gitar Chord Tri Suaka – Aku Bukan Jodohnya Capo : Fret 3 Intro C G F G Am G F C G Am G ini salahku..F G C terlalu memikirkan egoku F G tak mampu. 

 

 

 

Kunci Gitar Tri Suaka – Aku Bukan Jodohnya Chord

 

 

 

 

Chord Gitar Tri Suaka – Aku Bukan Jodohnya – ChordBase.id

 

Chord gitar dan lirik lagu Tri Suaka – Aku Bukan Jodohnya dengan kunci dasar. Intro : G D C D Em D C.. G D/F# Em D ini salahku. 

 

 

 

LIRIK dan Chord Gitar Aku Bukan Jodohnya dari Tri Suaka, Hits di …

 

 

 

 

Tri Suaka – Aku Bukan Jodohnya – Kompilasi Chord

 

Tri Suaka – Aku Bukan Jodohnya · D# A# G# A# · [Verse I:] · ini salahku.. · terlalu memikirkan egoku.. · tak mampu buatmu · bersanding nyaman denganku · terlambat … 

 

 

 

Chord Gitar ‘Aku Bukan Jodohnya’ Tri Suaka Lengkap dengan Liriknya

 

 

 

 

Chord Gitar Tri Suaka – Aku Bukan Jodohnya – Penchord.com

 

Chord Gitar Tri Suaka – Aku Bukan Jodohnya ; Ini salahku. F G C ; Terlalu memikirkan egoku. F G Em Am ; Tak mampu buatmu bersanding nyaman denganku. Dm G ; Hingga … 

 

 

 

Chord Gitar Aku Bukan Jodohnya – Tri Suaka: Aku Titipkan Dia …

 

 

 

 

Kunci Gitar Tri Suaka Aku Bukan Jodohnya – Gencil News

 

 

 

 

Bo Chord Aku Bukan Jodohnya | Tri Suaka (G) – Kekitaan.com

 

 

 

 

Tri Suaka – Aku Bukan Jodohnya Chord Gitar dan Lirik Lagu

 

Chord Tri Suaka – Aku Bukan Jodohnya Capo fret 3 Intro C G F G Am G F C G B Am G ini salahku F G C terlalu memikirkan egoku F G tak mampu buatmu Em Am … 

 

 

 

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Model Gamis Batik Kombinasi Polos Terbaru 2021

Madison Franz

Published

on

Model Gamis Batik Kombinasi Polos Terbaru 2021
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Model Gamis Batik Kombinasi Polos Terbaru 2021? You have come to the right place! In this blog post, we will provide a step-by-step guide on Model Gamis Batik Kombinasi Polos Terbaru 2021

Jual Gamis Batik Kombinasi Polos 2021 Terbaru – Jun 2022 | Lazada

 

Pilih beragam gamis batik kombinasi polos 2021 menarik di Lazada.co.id | Voucher Diskon ✓ Gratis Ongkir ✓ Murah Tiap Hari ✓ COD. 

 

 

 

Gamis Batik Kombinasi Polos Desain & Model Terbaru 2022

 

Beli Gamis Batik Kombinasi Polos di Tokopedia ∙ Baju Gamis Batik Formal ∙ Cicilan 0% ∙ Bebas Ongkir ∙ Promo Spesial ∙ Cashback GoPay Coins ∙ Belanja … 

 

 

 

Jual Model Gamis Batik Kombinasi Model & Desain Terbaru

 

Beli Model Gamis Batik Kombinasi model & desain terbaru harga murah 2022 di Tokopedia! ∙ Promo Pengguna Baru ∙ Kurir Instan ∙ Bebas Ongkir ∙ Cicilan 0%. 

 

 

 

Jual model gamis batik kombinasi polos terbaru 2021 Harga Terbaik …

 

Dapatkan Harga model gamis batik kombinasi polos terbaru 2021 Terbaru Cek Promo, COD dan Ulasan Produk. Beli model gamis batik kombinasi polos terbaru … 

 

 

 

Jual model gamis batik kombinasi Harga Terbaik Juni 2022 – Shopee

 

Dapatkan Harga model gamis batik kombinasi Terbaru Cek Promo, … model gamis kombinasi 2021 | gamis motif batik kombinasi polos | Baju Gamis Model … 

 

 

 

Jual Produk Gamis Batik Kombinasi Termurah dan … – Bukalapak

 

Model-model Gamis Batik Kombinasi Terbaru. Gamis batik kombinasi adalah salah satu jenis pakaian yang terbuat dari kain batik. Para muslimah biasanya memilih … 

 

 

 

Gamis batik modern Original Model Terbaru – iPrice Indonesia

 

DISKON 70% Baju Batik / Baju Muslim Wanita Terbaru 2021 / Batik Formal / Batik … MODERN Gamis Kombinasi Premium Gamis Batik Gamis Batik Batik Mus. 

 

 

 

Gamis Kombinasi Batik Model Terbaru Juni 2022 | Blibli

 

Daftar Hargabaju gamis batik kombinasiTerbaruJuni2022 ; BCG KAWUNG PRODO GAMIS BATIK KOMBINASI MODERN, Rp180.000 ; MGH SARIMBIT GAMIS BATIK KOMBINASI POLOS AIYLA … 

 

 

 

130 Gamis batik ideas in 2022 | batik, pakaian wanita, model pakaian

 

2022 Mei 11 – Explore Diesty Hayuhantika’s board “gamis batik” on Pinterest. See more ideas about batik, pakaian wanita, model pakaian. 

 

 

 

Harga Gamis Polos Kombinasi Batik Terbaru Juni 2022 – BigGo

 

model gamis batik kombinasi polos terbaru 2021 / Batik Murah / Batik Sarimbit / Baju Batik Modern /. Biru XL Rp125.000. LazadaSriwijaya. GAMIS BATIK SOLO … 

 

 

 

50+ Gamis Batik Kombinasi Polos 2021 – YouTube

 

 

 

 

Model gamis terbaru di 2021, kombinasi batik yang menarik dan …

 

 

 

 

Batik Modifikasi Kain Polos

 

Model baju batik anak perempuan 2021. Sinopsis novel senja hujan dan … Model gamis batik kombinasi kain polos terbaru 2019. Gamis batik modifikasi kain … 

 

 

 

 

Discover short videos related to gamis batik kombinasi polos terbaru 2021 on TikTok. Watch popular content from the following creators: Produsen Gamis Dan … 

 

 

 

Review 10 Rekomendasi Model Gamis Batik Kombinasi Terbaik …

 

 

 

 

 

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Swoon

Uplikes

Madison Franz

Published

on

Uplikes
Want create site? Find Free WordPress Themes and plugins.

Are you looking for information on Uplikes? You have come to the right place! In this blog post, we will provide a step-by-step guide on Uplikes.

Uplikes

This is a complete list of sources that I found to be helpful in researching Uplikes. If there are any other sites or articles you think should make this list, please leave them as comments below so we can include them!

 

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Trending

%d bloggers like this: