Core Viewpoint - The report indicates that Bohai Bank's rising non-performing loan (NPL) ratio in retail credit is a result of proactive strategic adjustments rather than passive pressure, as the bank aims to optimize its asset structure and customer base for long-term health despite short-term pain [1][2][3] Group 1: Data Behind the Strategy - The increase in consumer loan NPLs is part of a deliberate strategy to clear high-risk assets and address asset bubbles, rather than a sign of uncontrolled risk [2] - From the end of 2017 to 2020, Bohai Bank's consumer loan balance surged from 8.8 billion to 112.7 billion, a nearly 12-fold increase, but this rapid growth led to an imbalanced customer structure with many high-risk borrowers [2][3] Group 2: Transformation Effects - The bank's consumer loan scale significantly decreased from 104.7 billion in 2022 to 37.5 billion in 2024, a reduction of over 64%, while the NPL ratio rose due to the lag in risk exposure and asset disposal [3][4] - The bank has successfully cleared high-risk assets, leading to a notable improvement in asset quality, with new NPLs showing a significant decline, indicating enhanced risk management and customer selection [4][5] - The focus has shifted from scale to quality, with an increasing proportion of high-quality customers, as the bank emphasizes real consumption needs and stable repayment capabilities [4][5] Group 3: Future Direction - Bohai Bank's future strategy includes aligning with national consumption policies, focusing on quality customer service, innovating bad debt disposal mechanisms, and enhancing digital transformation in retail credit [6][7] - The bank aims to leverage policy benefits to increase quality consumer loan offerings while ensuring efficient and empathetic handling of customer repayment challenges [6][7]
深入洞察：渤海银行零售不良是阵痛还是重生