Urumqi City Commercial Bank is the abbreviation of "Urumqi City Commercial Bank Co., Ltd.", referred to as Urumqi City Commercial Bank Co., Ltd.: Urumqi City Commercial Bank (UCCB).
1997 65438+In February, under the supervision of Urumqi Central Sub-branch of the People's Bank of China, 38 urban credit cooperatives in Urumqi were reorganized, and local finance, large and medium-sized enterprises and listed companies were absorbed to become shareholders, and Urumqi Urban Cooperative Bank was formally established; 1998, changed its name to Urumqi Commercial Bank Co., Ltd. according to the relevant regulations of the State Council, and became the only local joint-stock commercial bank in Xinjiang Autonomous Region. Since its establishment six years ago, with the strong supervision and help of the People's Bank of China and Xinjiang Banking Regulatory Bureau, and with the strong support of the local government and people from all walks of life, Urumqi Commercial Bank has actively reformed, pioneered and innovated in accordance with the requirements of establishing a modern enterprise system, gradually improved its operating mechanism, continuously expanded its business scale and developed its businesses healthily.
I. Development of Commercial Banks in Urumqi
(1) According to the international practice and the requirements of establishing a modern enterprise system, the corporate governance structure of Urumqi Commercial Bank has been gradually improved, and the corporate governance structure of shareholders' meeting, board of directors, board of supervisors and management team has been basically established, with their respective responsibilities, coordinated operation and effective checks and balances. Reform and adjust the branch business institutions and the internal institutions of the headquarters, and implement the competition for middle-level managers of the whole bank. At the same time, the professional ethics education activities and high-quality civilized service activities, which mainly focus on loving one's post and respecting the law, have been carried out in depth and persistently, and the financial service level of the whole bank has been significantly improved, and the mental outlook of employees has changed.
(2) Asset management is basically perfect.
1. The market positioning of Urumqi Commercial Bank is "based on local economy, small and medium-sized enterprises and urban citizens". In accordance with the business philosophy of "moderate scale, solid foundation, outstanding features, obvious advantages, standardized management, controllable risks, reliable reputation and good benefits", we will strive to build our own business brand, highlight our own service characteristics, form our own business advantages, and gradually cultivate and enhance the core competitiveness of city commercial banks.
2. Deposits and loans grew steadily. At the end of 2003, the bank's total assets reached 15705438+0 billion yuan, an increase of 6.406 billion yuan over 2005; The balance of various deposits1074 million yuan, an increase of 4.766 billion yuan over 2006.5438+0; In Urumqi, the deposit market share ranks third, and the financial strength has improved significantly; The balance of various loans was 720120,000 yuan, an increase of 31390,000 yuan compared with 200 1; The NPL ratio dropped to 10.36%, which was 29 percentage points lower than that of 2006 1.
3. Strict loan review and flexible investment.
A loan review committee and an asset-liability management committee were established. The Credit Audit Committee shall set up a chief credit evaluation officer to comprehensively standardize the credit decision-making behavior, strengthen the review and control of loans, conduct full and detailed investigation and risk assessment before lending, and timely follow-up inspection after lending to monitor the risk status.
4. A major breakthrough was made in resolving non-performing assets. In 2003, with the strong support of the Municipal Party Committee and the Municipal Government, the bank completed the land replacement of non-performing assets, and * * * replaced the non-performing assets by 654.38+0.05 billion yuan. At the same time, NPLs were actively collected through various channels, and 2 1, 5 1 million yuan was recovered, including cash 1 693,000 yuan and loans of 4.58 million yuan. In addition, 8.52 million yuan of historical debts were settled. The non-performing loan ratio was 65,438+00.36%, which achieved the bank's goal of greatly reducing non-performing assets.
5. Asset management companies are divesting non-performing loans. Draw lessons from international management experience, set up an asset management company according to the requirements of modern enterprise system, and be responsible for stripping and managing non-performing assets of banks.
6. The bond market business improved steadily. By the end of 2003, the total settlement transactions in the bond market of our bank reached 1, 4 1.625 million yuan, ranking 39th in the inter-bank bond market and 1.6 in the city commercial banks. Underwriting all kinds of government bonds and financial bonds was 654.38+48.5 million yuan, and the investment income was 654.38+09 million yuan. The bond agency business has also made new progress, adding settlement agents 13. The settlement volume of trading agents in the whole year was 4.89 billion yuan, an increase of 3,865.438+0 billion yuan.
7. Significant progress has been made in electronic construction. A computer integrated service system with headquarters as the center and covering all business outlets of the whole bank was built, which fully realized the universal deposit and withdrawal of savings business and the grid-connected operation of corporate business. In order to adapt to business development, the computer network system was optimized, upgraded and expanded in 2003. Using the electronic remittance network of National City Commercial Bank Clearing Center and China Construction Bank, a nationwide clearing network system has been initially formed.
8. Profitability has improved steadily. The profit of that year was 1.8 1 billion yuan, which was 1.5857 billion yuan higher than that of 200 1.
(3) Actively regulate debt and capital management.
1. The debt structure of Urumqi Commercial Bank is mainly corporate deposits and savings deposits, and the growth rate of deposits is comparable to that of other commercial banks, with 60% of liabilities as credit funds. The development of bill business ranks first among Xinjiang commercial banks.
2. The capital strength has been significantly enhanced. From the end of 2000/kloc-0 to the beginning of 2002, Urumqi Commercial Bank implemented the second round of capital increase and share expansion, with the actual issued capital of 485 million yuan and the registered capital of 780 million yuan, basically forming a shareholding structure supported by finance, large and medium-sized enterprises and some listed companies. At present, the capital adequacy ratio has reached more than 8%, which meets the requirements of the Basel Accord for core capital.
3. Capital plan. In 2004, Urumqi Commercial Bank will continue to implement the third round of capital increase and share expansion according to the optimal ratio of capital to equity, constantly improve the capital adequacy ratio, and strive to reduce operational risks and maximize profits. The third round of capital increase and share expansion plan has been reviewed and approved by the 2002 annual general meeting of shareholders of Urumqi Commercial Bank.
(4) Vigorously expand other banking business and intermediary business.
1, the intermediary business developed rapidly. Acting as an agent for the treasury business in the seventh district of Urumqi, and at the same time acting as an agent for collecting fines, Great Wall cards, insurance, gas fees and other intermediary businesses; 200 1 Start charging services such as "Snow Lotus Card", "Snow Lotus Parking Card" and "Snow Lotus Gas Card". At present, the "tax-bank integration" business has also been officially opened for operation.
In 2002, we reached comprehensive cooperation with other state-owned commercial banks, securities companies and insurance institutions.
Second, the development prospects of Urumqi Commercial Bank
(1) According to the development situation after China's entry into WTO and the western development, Urumqi Commercial Bank is positioned as a local and trans-regional joint-stock commercial bank in Xinjiang Autonomous Region, namely Xinjiang Development Bank, and strives to become a listed bank. Strive to achieve "stability on the basis, precision in business and optimization in management". In 2004, according to the management norms and basic requirements of listed companies, the bank began to comprehensively improve its management level, greatly improve its operating efficiency, fundamentally improve its social image, and actively prepare for listing counseling.
(2) Based on Urumqi, we will gradually expand our business in southern and northern Xinjiang when conditions are ripe. First, set up new branches in prefectures and cities around Urumqi, such as Shihezi, Karamay and Korla; Second, the urban credit cooperatives in economically developed areas will be transformed into branches of the Bank through joint ventures, cooperation and mergers.
(3) The development goal in the next three to five years is to build Urumqi Commercial Bank into a modern joint-stock commercial bank with perfect corporate governance structure, sound enterprise operation mechanism, greatly improved asset quality, significantly improved operating efficiency and continuously enhanced competitive strength. According to this development goal, a "three-step" development strategy was formulated:
Step 1: According to the classification standard of the People's Bank of China for six types of city commercial banks, in 2002, the bank will move from the current four types of banks to the second and third types of banks. At present, this strategy has been realized. At the end of 2002, the Bank achieved the first-step development strategic goal set by the Board of Directors. According to the "Top 50 China Commercial Banks Ranking Table" issued by the head office of China People's Bank, the bank ranks 34th in owner's equity, 36th in total assets, 24th in profit, 2nd in capital profit rate and 2nd in asset profit rate.
Second, in 2003, the requirements of DocumentNo. [2000]260 of the People's Bank of China were fully realized, the capital adequacy ratio was further improved, the proportion of non-performing assets was controlled below 65,438+05%, and it entered the ranks of good banks. By the end of 2003, the bank's capital adequacy ratio reached 8%, and the proportion of non-performing assets was 65,438+00.36%. After all the historical accumulated losses of 654.38+74 million yuan were eliminated, the bank realized a profit of 72 1 10,000 yuan, and really entered the ranks of good banks. According to the statistics of China Banking Regulatory Commission, the Bank has entered the ranks of first-class banks among 1 12 city commercial banks nationwide, ranking 13.
The third step, on the basis of solving the problems left over from the history of commercial banks and becoming good banks, comprehensively improve the management level, greatly improve the operating efficiency, fundamentally improve the social image, and strive to build Urumqi Commercial Bank into Xinjiang Development Bank or Western Development Bank and strive to become a listed bank. In 2003, the annual general meeting of shareholders of the Bank deliberated and passed the Proposal on the Guidelines for the Listing of Stocks of Urumqi Commercial Bank.
Three. Prospects for international cooperation
In the process of China's western development strategy, Xinjiang, as a unique region in the western development, has attracted more and more investors, and as a commercial bank serving Xinjiang's economic development in Urumqi, it has gradually become the focus of world attention. With the gradual opening of the financial market, Urumqi Commercial Bank needs to absorb and introduce the advanced management experience of the international financial industry, improve its management level, further enhance its competitiveness, and enable its shareholders to maximize profits in the western development.
At present, Urumqi Commercial Bank is actively discussing cooperation with domestic and foreign strategic investors.