工行目标：五年内成为全球最赚钱银行

ICBC goal: five years as the world's most profitable bank

"Our goal now is to become the world's most profitable bank, I think probably the time to the front of five years." During yesterday's 2007 annual shareholders annual meeting, the Industrial and Commercial Bank of China chairman Jiang Jianqing said that the presence of the shareholders. While the recent ICBC's shares have poor performance, but the shareholders, will still attract a large participation of institutional investors. For investors concerned about credit quality, corporate profitability fell and the impact of earthquakes on the banks, and other aspects of the issue, Jiang Jianqing, chairman and president Yang Kaisheng done a January 1 answer.
Aim at the world's most profitable bank
Jiang Jianqing said from the beginning of 2006, the line for two consecutive years as Asia's most profitable bank, the ICBC is moving the world's most profitable bank forward, this goal is expected to achieve within five years.
"This is not because of our own progress too quickly, but many on Wall Street and European banks too unsatisfactory performance." Jiang Jianqing said.
The outbreak of the second half of last year, loan-to-crisis makes a lot of the big international banks have billions of dollars in爆出Jukui, but at the same time, China's banking sector's performance is almost good for the international peer jealous. According to the ICBC 2007 Annual Report, in accordance with International Financial Reporting Standards, the bank realized after-tax profits last year, 82.3 billion yuan, an increase of 64.9 percent.
At present, spreads income accounted for the vast majority of the domestic banking income, to be the world's most profitable banks mean that the bank's credit growth must be maintained at a high level? »
In response, ICBC president Yang Kaisheng said that from 2003 to the present, our compound annual growth rate of loans, 10.1 percent, and GDP growth is largely the future, will adhere to such a development strategy. "We feel that this loan growth and profitability of our current growth in demand and credit management level is in line." He said.
According to media reports, Jiang Jianqing also said after the meeting, the Group plans to rationalize their operations in Hong Kong, including the Commerce, Industry and International Trade and Industry of East Asia, re-integration division of labour, in order to play to their advantages, but will not compete with each other. But the time being no intention to privatize the Bank of Asia.
Earthquakes on the bank loans have limited impact on the quality of
Shareholders have asked the ICBC and the earthquake's impact on credit quality, Yang Kaisheng said that since the earthquake affected areas of the bank loans accounted very small, so the earthquake on the quality of bank loans of the actual impact is very limited. He also said that disaster loans if the loss occurred, in accordance with the will be seeking truth from facts, according to the law of the principle of the regulation.
According to the information provided by him, the bank's Sichuan Province ICBC loans accounted for only 2.8% of the balance of loans, the bank's Sichuan Province in real estate development loans accounted for the entire bank loans to 0.27 percent the proportion of individual housing loans accounted for only 0.5 percent.
Customer profit fell 10 percent level will not significantly affect the quality of bank loans
Turning to the decrease in the level of profitability, the Bank Loan quality possible impact, Yang Kaisheng said that under the pressure of the line test results, if the bank's profitability, declined 10 percent, not the quality of the Bank loan Have a significant impact.
Yang Kaisheng, in theory, would affect corporate profits decline in corporate profitability, thereby affecting the bank's asset quality. However, the real impact will not happen and the impact of this will depend on the bank's customer structure. If these banks, high-quality, profitability and strong customer accounted more, then it will be affected by the relatively small.
He disclosed that at the end of the first quarter of this year, the ICBC A-level and above, more than accounted for 90 percent, probably closer to 93 percent, so far this year despite the bank found that the profitability of some enterprises, the growth rate slowed down, but did not feel to them What is the impact of solvency.
Yang Kaisheng survivors said that the bank from the current real estate development loans and the quality of personal mortgage loans, real estate development loans and individual mortgage loans and the remaining share of the percentage of mortgage loans, and other data, he will work for the future Maintain the real estate development loans and individual mortgage loans in the quality very confident.
According to the information provided to the end of the first quarter, the real estate development loans to poor rate of only 1.86 percent, and personal mortgage loans in negative rate of only 0.79 percent. At the same time, the bank's real estate development loans and mortgage loans as a share is not high. Among them, real estate development loans ratio of total loans only 7.3 percent, individual housing loans accounted for 13.2 percent. And so far, the bank the remaining 10% of mortgage loans with less than 50%, this quality of the loans have provided strong support.