with the rapid development of economy, banks are no longer national exclusive. A lot of local banks also appear on the market, and the fierce competition between the major banks. But the bank rating suffered three consecutive years of decline, which is rare in the banking sector, but such a case, just happened in the Bank of Nanjing. Then, the rating of the Bank of Nanjing three times is going on? The following and small series of in-depth understanding of the specific.
6 27, standard & Poor’s announced that the Bank of Nanjing’s rating outlook from stable to negative. According to die Zeit reporter combing, which has been the standard & Poor’s three consecutive year down the Bank of Nanjing rating. At the end of June 2015, the S & P will be the Bank of Nanjing’s long-term issuer credit rating from BBB- down to BB+, while earlier in the late June 2014, the Bank of Nanjing will be included in the S & P had a "negative outlook" list. However, the S & P said the Bank of Nanjing requirements, the final revocation of the rating.
Standard & Poor’s rating may be biased, but the Bank of Nanjing has its own reasons. According to die Zeit reporter combing, these three lower ratings are related to the capital adequacy of the Bank of Nanjing. July 7th, a long-term tracking Nanjing bank brokerage analyst told die Zeit reporter said, is estimated to be a quarter of the expansion rate is too fast, the rate of decline in capital is also fast, will appear such rating results. Data show that in the first quarter of this year, the Bank of Nanjing has completed its annual growth of 80% of the total assets of the target, an increase of 20%.
according to the weekly Times reporter combing, the Bank of Nanjing these years of business expansion faster, the capital adequacy ratio also declined, many times through the constant growth, the issuance of bonds and other means of blood". As of the end of 2016 3, the Bank of Nanjing’s core tier one capital adequacy ratio fell from the end of 2015 to 8.21%, the level of capital adequacy ratio decreased from 10.35% to 9.03%.
‘s gold Zhengjuan also has issued a study reported that the Bank of Nanjing has been the capital of the more extensive management mode did not significantly change, capital consumption is still very fast. Ampang consulting analysis, rating may be lacking, but the root cause of the downgrade, I am afraid that the Bank of Nanjing and the rapid expansion of business process has exposed more problems and risks.
for the rating of the dispute, in July 6th, the Bank of Nanjing secretaries Tang Zhexin told die Zeit reporter said, now the market is very stable, do not want to say." Die Zeit reporter recently called the standard & Poor’s China level, but no one answered.
Standard & Poor’s three downgrade
6 27, standard & Poor’s announced that the Bank of Nanjing’s rating outlook from stable to negative. S & P analysis report shows that due to the Bank of Nanjing recommended