全国人大代表建议中小银行专项债省级常态化发行

Group 1 - The government work report emphasizes the need to enhance capital replenishment through multiple channels and to manage non-performing assets of financial institutions effectively. It plans to issue special government bonds worth 300 billion yuan to support state-owned commercial banks in capital replenishment [2] - Liu Ya, a representative at the National People's Congress, suggests that under the guidance of national financial regulatory authorities, special bonds for small and medium-sized banks should be issued regularly at the provincial level to establish a long-term capital replenishment mechanism [3] - The capital adequacy ratio of major banks as of Q4 2025 is reported as follows: large commercial banks at 18.16%, joint-stock banks at 13.58%, city commercial banks at 12.39%, and rural commercial banks at 13.18% [3] Group 2 - Over the past four years, 597 banks have received capital injections through special bonds, including 547 rural cooperative institutions and 50 city commercial banks [4] - Provincial governments have utilized special bonds to support the reform and establishment of local commercial banks and rural banks, facilitating risk resolution and development within the provincial financial system [4] - After the injection of special bond funds, provincial governments, as shareholders of small and medium-sized banks, can enhance management of local financial institutions and better coordinate fiscal and financial efforts to support major regional development projects [5]