兴业银行三大领域风险收敛 风险集中暴露高峰期已过

Core Insights - Industrial Bank reported a decrease in both the scale of new non-performing assets and the non-performing asset generation rate, indicating a shift from high-risk exposure in real estate, local government financing platforms, and credit cards to a more stable environment [2] Group 1: Financial Performance - As of the end of Q3, the non-performing loan ratio stood at 1.08%, unchanged from the end of June; the ratio of special mention loans decreased by 0.04 percentage points to 1.67% compared to the end of last year [2] - The bank's provision for asset impairment losses was CNY 42.313 billion, a year-on-year decrease of 11.30%; the provision coverage ratio was 227.81%, indicating a sufficient level of reserves [2] - In the first three quarters, new non-performing loans in the corporate real estate sector decreased by 53% year-on-year, while new non-performing loans in the credit card sector fell by 10.58%; there were no new non-performing loans in the local government financing platform sector [2] Group 2: Risk Management - In July, Industrial Bank initiated a reform of its risk management system to better adapt to the new external operating environment, optimizing the risk management structure and integrating specialized management departments [3] - The bank transitioned from an embedded risk management mechanism to a stationed risk management mechanism, effectively enhancing the independence, comprehensiveness, and professionalism of risk management [3] - A control system was established to align with the group's risk appetite, promoting the integration of risk and business, and implementing a detailed "regional + industry" strategy to further enhance risk empowerment [3]