| Urban commercial banks are an important component and special group of China’s banking industry.As an important member of the third echelon of China’s banking industry,the functional orientation of urban commercial banks is mainly to provide financial services to local small and medium-sized enterprises,which plays a very key role in promoting local economic development and improving China’s financial ecosystem.At the same time,urban commercial banks are also an important key link in the ultimate realization of inclusive finance in my country.Hunan Province,as a large province in central China,is in the stage of transformation,adjustment and upgrading of its economic development mode and industrial structure.Local enterprises in Hunan Province are also facing development bottlenecks and pressure of transformation and upgrading,which have brought huge pressure on local financial institutions in Hunan Province in terms of operation management and risk control.How to adapt to the new normal of local economic development in Hunan Province and interact with the economic transformation and upgrading of Hunan Province has become the key to the transformation and development of urban commercial banks in Hunan Province.This article takes Changsha Bank as the research object,explores the non-performing loan structure of urban commercial banks,the underlying cause motives and governance mechanisms,and deeply analyzes how urban commercial banks in Hunan Province should better serve the economic development of Hunan Province under the new normal of economic development.At the same time,improve their own risk management system and explore new paths for transformation and development.First,sort out the causes of non-performing loans of urban commercial banks and the related theories of their main governance mechanisms from the three aspects of local government’s "supporting hand" and "plundering hand",credit cycle fluctuation theory and information asymmetry theory.Secondly,through the analysis of the current situation and structure of Changsha Bank’s non-performing loans,it is found that the bank’s non-performing loan rate has risen in recent years,and suspicious loans have increased significantly.According to the ownership attribute,the non-performing loan ratio of privately held enterprises is higher than that of state-owned enterprises;according to industry classification,the non-performing loan ratio of agriculture,forestry,animal husbandry,fishery,manufacturing,wholesale and retail is on the high side;according to the enterprise scale,the non-performing loans of micro and medium-sized enterprises are on the high side.Thirdly,the causes of non-performing loans of urban commercial banks are analyzed,and it is found that local government intervention leads to excessive credit of urban commercial banks,the new normal of economic development and systemic financial risks bring new risk points to the operation of urban commercial banks,the transformation and upgrading of the industrial structure and the mismatch of credit resources further put pressure on the asset quality of urban commercial banks and accelerate their risk exposure.The imperfect internal governance structure of urban commercial banks is also one of the important causes of their non-performing loans.Finally,governance countermeasures are given from the perspectives of building a "pro-clean" government-enterprise relationship,strengthening the supervision and guidance of credit investment,improving the monitoring of the entire credit process,and strengthening the internal governance of urban commercial banks and the construction of incentive mechanisms. |
