我国系统重要性银行外源性资本补充现状及建议

The Current Situation and Suggestions of Exogenous Capital Replenishment of Domestic Systemically Important Bank in China

近年来,随着宏观经济下行压力不断增加,我国系统重要性银行(D-SIBs)净息差持续收紧,利润增速放缓,内源性资本补充受到限制,外源性融资仍是D-SIBs补充资本金的重要方式。2022年我国19家D-SIBs1通过定增、可转债转股、二级资本债、永续债等方式合计补充资本金超10000亿元。但总体来看,当前仍面临可转债转股率过低、部分D-SIBs需要继续补充核心一级资本、资本补充工具较缺乏的压力,基于此提出意见建议。

In recent years,with the increasing macroeconomic downward pressure,the net interest margin of Domestic Systemically Important Banks(D-SIBs)in China has continued to tighten,profit growth has slowed,endogenous capital replenishment has been restricted,and exogenous financing is still an important way for D-SIBs to replenish their capital.In 2022,19 D-SIBs in China supplemented their capital by a total of more than RMB 10,000 billion through Fixed-issue.However,overall,it is still under pressure from the low conversion rate of Convertible Bonds,the need for some D-SIBs to continue replenishing core Tier 1 capital and the lack of capital replenishment tools.