人民财讯8月5日电，中国人民银行等七部门联合印发《关于金融支持新型工业化的指导意见》。其中提 出，建立健全风险协同防控机制。建立产业和金融风险联合研判和预警机制，工业和信息化部、国家发 展改革委等部门强化重大项目和重点产业的风险评估，及时向金融管理部门和金融机构共享高风险项目 和企业信息。推动金融机构落实国家产业政策要求，强化信贷风险管理和资金用途监控，防范套取和挪 用风险，助力防止"内卷式"竞争。严格落实制造业贷款分类要求，真实反映制造业贷款风险情况。支持 银行通过重组、核销、转让等方式，依法合规加大企业不良贷款处置力度。 （原标题：七部门：推动金融机构落实国家产业政策要求，强化信贷风险管理和资金用途监控，防范套 取和挪用风险，助力防止"内卷式"竞争） ...

Financial Data and Key Metrics Changes - The company reported net income of $18.4 million or $0.12 per share, with adjusted net income of $48.4 million or $0.31 per share, reflecting a strong performance in the second quarter [12][13] - Net interest income increased by 3.4% from the prior quarter to $240 million, driven by strong loan growth and higher loan yields [14] - The net interest margin expanded to 3.1%, supported by a three basis point increase in average loan yields to 5.93% [14][15] Business Line Data and Key Metrics Changes - Total annualized loan growth reached 9%, with significant contributions from lender finance, fund finance, and purchased single-family residential loans [5][14] - Core held for sale loans increased by 12% annualized, while construction loans declined due to payoffs and completed projects [7][8] - Non-interest income totaled $32.6 million, down 3% from the prior quarter, primarily due to fluctuations in CRA-related equity investments [18] Market Data and Key Metrics Changes - The company experienced strong production levels in loan origination, achieving the highest level of originations since the merger at $1.2 billion [7] - Average core deposits increased by 5% annualized, although the average balance per account faced pressure due to seasonal and macroeconomic factors [16][19] - The multifamily portfolio, representing 26% of the loan portfolio, has significant repricing opportunities with $3.2 billion maturing over the next two and a half years [17] Company Strategy and Development Direction - The company is focused on optimizing its balance sheet through strategic sales of loans, aiming for high-quality, consistent, and sustainable earnings growth [5][10] - There is a strong emphasis on maintaining disciplined pricing and underwriting standards while proactively managing credit risk [9][11] - The company aims to capitalize on growth opportunities in California, leveraging its position as a leading business bank in the region [25][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the market and strong demand for products and services, despite uncertainties in the broader macroeconomic environment [11] - The outlook for the second half of 2025 includes expectations for continued growth in core profitability and mid-single-digit increases in net interest income [21][22] - Management highlighted the importance of maintaining a strong credit quality profile while pursuing growth opportunities [20][21] Other Important Information - The company repurchased $150 million of common stock, representing about 6.8% of shares, with $150 million remaining in the buyback program [6] - A one-time non-cash income tax expense of $9.8 million was recorded, primarily related to the revaluation of deferred tax assets [13] - The company anticipates $243 million of loan sales to close in the third quarter, with a focus on maintaining a healthy capital position [13][19] Q&A Session Summary Question: Loan sales and balance sheet impact - Management clarified that loan sales do not necessitate a one-to-one relationship with unwinding wholesale funding, as they have been growing rapidly and providing leverage on sold loans [31][34] Question: Expense guidance and ECR - Management indicated that while expenses came in below guidance, they expect to settle at the lower end of the range due to investments in compensation and infrastructure [38][39] Question: Asset quality and provisioning expectations - Management expects normalized provisioning to be around $10 to $12 million per quarter, depending on the type of loans being grown [109][110] Question: M&A considerations - Management emphasized the focus on organic growth and maintaining independence, while remaining open to opportunities if market conditions normalize [112][114]

Core Viewpoint - The Hong Kong Securities and Futures Commission (SFC) has imposed a six-month ban on Wong Lai-suen, a former executive director of Ming Tai Fu Securities Limited, due to her failure to manage credit risk and identify suspicious trading patterns [1][2][3] Group 1: Regulatory Findings - The SFC's investigation revealed that in January 2021, three cash clients opened accounts at Ming Tai Fu and deposited only HKD 10,000 each, yet the firm granted them trading limits ranging from HKD 4 million to HKD 5 million without proper applications [1] - Following the approval of these trading limits, the clients engaged in transactions that were inconsistent with their financial status, which should have raised suspicions of potential market misconduct and money laundering [1] - Ming Tai Fu failed to identify these transactions as suspicious and did not report them to the Joint Financial Intelligence Unit or the SFC, indicating a lack of effective policies and procedures for managing credit risk and monitoring suspicious activities [1] Group 2: Disciplinary Actions - The SFC deemed the deficiencies at Ming Tai Fu to be serious, as they could undermine public confidence in the market and compromise its integrity [3] - The decision to discipline Wong was influenced by her acknowledgment of shortcomings in assessing suspicious transactions during the SFC's investigation [3] - Wong had no prior record of disciplinary actions against her, which was considered in the SFC's decision [3]

Core Viewpoint - The case of illegal loan issuance by Shanxi Yaodu Rural Commercial Bank highlights significant compliance failures within the banking sector, emphasizing the need for improved internal controls and risk management practices [1][2][3]. Group 1: Case Summary - The original loan of 30 million yuan was issued illegally by the bank's branch manager and customer manager, leading to a two-year prison sentence with a two-year probation for both individuals [1][3]. - The court found that the defendants failed to perform due diligence, resulting in a significant risk exposure of 26 million yuan that remained overdue despite partial repayment [2][3]. - The bank attempted to mitigate the consequences by providing a letter of understanding, but the court maintained the original ruling, citing the severity of the offense [1][4][5]. Group 2: Compliance Issues - The case reveals systemic issues in the credit management practices of small and medium-sized banks, where procedural lapses and inadequate oversight contributed to the illegal loan issuance [7][8]. - Historical data indicates that regional banks often prioritize performance over compliance, leading to a culture of negligence in loan management processes [8][9]. - Regulatory actions against banks have increased, with a significant number of penalties issued for compliance failures, particularly in the area of credit management [8][9]. Group 3: Recommendations for Improvement - Experts suggest that banks need to enhance their internal control mechanisms and risk management frameworks to prevent similar incidents in the future [9]. - There is a call for banks to balance compliance with credit growth, ensuring that risk assessment and monitoring processes are robust and effective [9]. - The adoption of financial technology is recommended to improve risk evaluation and monitoring efficiency, alongside a focus on supporting key sectors of the economy [9].