2 1 Shi Ji Jing Ji Bao Dao·2025-11-28 13:00Core Viewpoint - The Financial Stability Board (FSB) announced the 2025 Global Systemically Important Banks (G-SIB) list, with the Industrial and Commercial Bank of China (ICBC) moving from the second group to the third group, marking it as the first Chinese bank to enter the G-SIB third group, indicating an increased significance of Chinese banks in the global financial system [1] Group 1: G-SIB Classification and Capital Requirements - ICBC's additional capital requirement will increase from 1.5% to 2.0% following its group adjustment, while the other four Chinese banks maintain their current group standings [1] - The G-SIB evaluation framework, established post-2007 financial crisis, aims to enhance capital requirements for large banks to mitigate systemic risks [1] Group 2: Scoring Changes and Influencing Factors - The scoring changes for Chinese G-SIBs this year show that scale is no longer the primary driver for score increases, with ICBC and China Bank seeing significant score increases of 33 and 32 points respectively due to multiple sub-factors [2] - Currency fluctuations have positively impacted the scores of Chinese institutions this year, contrasting with historical trends where such factors typically alleviated score increases; however, future currency volatility may suppress scores [2] Group 3: Basel Committee Adjustments and Future Outlook - The Basel Committee is considering changing the G-SIB identification framework from year-end static data to average values over the year, with a preference for quarterly averages among feedback [3] - Standard & Poor's Ratings indicated that ICBC is capable of meeting the higher capital requirements, with a total loss-absorbing capacity capital ratio of 21.52% as of September 30, 2025, exceeding the minimum requirement for the third group [3] - ICBC's conservative growth strategy is expected to support capital retention and manage capital buffer pressures, with projected asset growth remaining controlled and loan growth likely in single digits over the next two years [3]