Speech by Bank President 1
Dear leaders, distinguished guests, friends, ladies and gentlemen, good afternoon!
The drums we heard just now were sometimes loud, sometimes restrained, sometimes uplifting, and sometimes uplifting. This drum is like our market, like the people in our market, like the mood of people in our market. In this drum, the launching ceremony of China Merchants Bank's second financial education public welfare bank and Rogers commodity investment report began. We hope this drum can bring us a lot of enlightenment, and we can all stand on the drum and hold our heads high in this enlightenment. On behalf of China Merchants Bank, I would like to express my warmest welcome and sincere thanks to the leaders of various regulatory agencies, experts and scholars, leaders of major financial intermediaries, friends of the news media and customer representatives who have come to participate in this activity.
It has been nearly 30 years since China's reform and opening up. One of the great changes that these 30 years have brought us is the rapid increase of residents' wealth and great changes have taken place in the structure of residents' wealth. Under such changes and such growth, the majority of residents have put forward new financial demands for the preservation and appreciation of wealth and the increase of property income. At the same time, China's capital market has developed from scratch, ups and downs, and flourished in these decades, reaching such a scale today, which has touched the hearts of hundreds of millions of people today. Then, with the changes of market environment and residents' needs, China's commercial banks are also opening up new wealth management markets to provide wealth management services for Chinese residents and meet the investment needs of maintaining and increasing value. In recent years, the wealth management market of China commercial banks has grown from scratch to today. Last year, China Merchants Bank issued more than 170 wealth management products in one year. Of course, our capital market also has a variety of securities products, fund products, trust products and other products to meet the investment needs of customers.
Although our market has made great progress, we have to admit that our investment market and our wealth management market are far from mature. It not only needs us to continue to provide more abundant products, but also needs us to improve the market operation mechanism and strengthen market supervision. It also needs all participants in our market to mature quickly, so that our market will mature. We see that our investors have not fully established the concepts of rational investment, value investment and investment suitable for their own needs. Suppliers of investment products have a lot of work to do in how to train investors to understand and participate in the investment market more rationally, how to sell the right products to the right residents and customers, and how to provide all kinds of investment information to customers accurately and timely. Any responsible bank is willing to be a rational bank in this market and a bank with a sense of responsibility to its customers. As one of the initiators of China Corporate Social Responsibility Alliance and a commercial bank with a strong sense of social responsibility, China Merchants Bank is well aware of our own responsibilities. We not only hope to create the greatest commercial benefits for commercial banks, but also hope that our customers will become rational investors and be invincible in the investment market on a rational basis. Therefore, in the golden autumn of last year, China Merchants Bank held the first financial education public welfare activity, which far exceeded our expectations. Last year, we held more than 1000 free financial education lectures in this activity to instill the concept of investment risk and investment knowledge. Just like this, our activities won the full support of the regulatory authorities, the high attention of major media and the enthusiastic participation of our customers. Last year, we only attended the live lectures of more than 200,000 listeners. Nearly 80,000 netizens participated in our online blog contest. It should be said that this financial education activity has achieved very fruitful results, allowing investors and China Merchants Bank to experience the baptism of the market and accept the education of the market together. It is on this basis that China Merchants Bank once again launched the second financial education public welfare activity in the bright spring season in March. As we all know, from last year to this year, our market fluctuated. At this time, our investors need to have a deeper understanding of the investment market, a deeper understanding of the mechanism of the investment market and a more rational participation in the market. Therefore, we held the second financial education charity trip.
In this activity, we plan to hold more than 1000 financial education lectures in 45 cities across the country, and go deep into communities, enterprises and institutions, universities and colleges. All lectures will be given by a professional team composed of financial planning experts from China Merchants Bank and famous economists and analysts from abroad. We will also open lectures to the public free of charge and provide corresponding learning materials. At the same time, a contest to select Chinese-style financial plans was held, and a column was opened in conjunction with well-known online media to collect and evaluate Chinese-style family financial plans in the whole society, so as to improve the financial management level of Chinese investors. Our activities have received positive responses from regulators, financial intermediaries, experts, scholars and customers. Today's first report attracted Mr. Rogers, an internationally renowned investment guru, to give us the first investment report. I hope that through such activities, customers can understand the investment risks, improve the investment level and avoid risks, and with the joint efforts of all of us, our investment market will be more mature.
There is a saying in X Zedong that "the infinite scenery is on the dangerous peak". Investment is the expectation of the future, but the expectation of the future is uncertain. Uncertainty means risk, and investment is to gain benefits from risk. We hope that we can control risks together, and the providers and buyers of wealth management products can jointly control the market better in this market. No matter how stormy it is, it is better to walk around. Thank you!
Speech by the president of the bank
Dear Chairman X and comrades,
First of all, thank you very much for your trust and love! I was organized to work in X County Sub-branch, and President X personally sent me here in spite of his busy schedule. Personally, I am happy to accept the arrangement of the organization, happy, grateful and a little nervous. Happily, the organization gave me a very rare opportunity to work and study with you; What is terrible is that I am afraid that my limited ability will disappoint the trust and expectation of the organization, leaders and comrades. Under the leadership of the former president, Mr. X, X County Sub-branch has been full of vitality since this year, and various business indicators have rebounded well. Being able to work in such a branch with good development momentum and unlimited development potential, knowing the sacred mission, deeply feels a long way to go. Xiongguan road is as iron as iron, and now it is still one step away from the beginning. Since I stepped into this land today, I have become one of you, and I will cherish the opportunity to work with you. As the leader of the team, how to implement, do and do well is the first problem I must face and think about. To this end, I hereby solemnly declare:
First, I am determined to take root in X and live up to my mission. From today, branch X is my home. Although my lover is still in the state, fortunately, my child went to college, which relieved my worries. Therefore, I will make up my mind to think about my family's thoughts together with the staff of the whole bank, and work together with Qi Xin to live in harmony and live up to my mission, leading the team to maintain, manage, build and develop the big family of X Branch.
Secondly, we are determined to make every effort to live up to our expectations. As we all know, although the operating conditions of X County Sub-branch of our bank are still not satisfactory, with the care and support of the state branch, under the correct leadership of the sub-branch team and the efforts of the staff of the whole bank for many years, all kinds of difficulties and problems have been basically sorted out, the work foundation has been effectively consolidated and the operating conditions have initially improved. We should learn to see the potential of development from the gaps and difficulties. I am willing to work hard with the staff of the whole bank, overcome difficulties, live up to expectations, take the initiative, create more and better achievements, and get rich together!
Third, I am determined to fulfill my duties and live up to the great trust. Shouldering the heavy responsibility of organization, leadership and harmony, it can be said that the responsibility lies on the shoulder, the challenge is ahead, and I can't tolerate any slack. I will change my role, find the right position, be brave in taking responsibility, dare to promote the work, unite and drive the team members, go all out, work boldly, live up to the great trust, and realize the goal of good benefits, good treatment and getting better every day in X County Branch!
The ancients said well: where there is a will, there is a way, and millions of heroes will eventually return to Chu; Hard-working people, everything comes to him who waits, and 3 thousand Yue family can swallow Wu. Working in X County Branch is my choice with no regrets. No matter how difficult the work is, no matter how bumpy the road is, I am willing to work with the staff of the whole bank under the correct leadership and cordial care of the Party Committee of the State Branch, and always maintain a high-spirited enterprising spirit, full of enthusiasm and passion for the work, self-pressure, enterprising, and work hard for me to get out of the predicament and meet a better tomorrow!
Speech by the President of the World Bank
20x years is an extraordinary year in the development of China Merchants Bank. Over the past year, with the deepening impact of the global financial crisis, the slowdown of domestic economic growth and drastic changes in the market situation, the Bank actively implemented the requirements of the regulatory authorities and the board of directors, overcame various unfavorable factors, solidly promoted the adjustment of business strategy and management changes, and maintained a good development trend as a whole.
By the end of 20x, the total assets of the Group were15,71797 million yuan, an increase of19.90% over the beginning of the year; The total customer deposits were 654.38+250 million yuan, up by 32.55%. Loans and advances totaled 874.362 billion yuan, an increase of 29.89%; The net profit attributable to shareholders of the Bank was RMB265.438+77 billion, up 38.27% year-on-year.
In the past 20 years, the business development of the Group has shown the following characteristics: First, the profitability has been steadily improved. The average ROAA of the Bank was 65,438+0.46%, up 0.65,438+00 percentage points year on year; The average return on equity (ROAE) of shareholders of the Bank was 28.58%, up by 3.82 percentage points year-on-year. Second, the quality of assets continued to improve. The total amount of non-performing loans at the end of the year was 9.677 billion yuan, a decrease of 765.438+0.7 billion yuan compared with the beginning of the year; The NPL ratio was 1. 1 1%, which was 0.43 percentage points lower than that at the beginning of the year. Third, the retail banking business has made gratifying achievements in adversity. The proportion of total retail loans to total loans and advances was 26.6 1%, up 0.6 1 percentage point from the beginning of the year. The proportion of total savings deposits to total customer deposits was 465,438+0.97%, up 7.36 percentage points from the beginning of the year.
In 20x, the management reform was solidly promoted, and a vertical management system with dual leadership of compliance officer and compliance department, two-way assessment and two-line reporting was established, and three lines of defense for compliance management were established, and internal control compliance management was further strengthened; Carry out comprehensive credit risk investigation, deepen the reform of loan approval system, formally submit the overall plan for the implementation of the New Capital Accord to the CBRC, and further enhance the risk management and control capabilities. Service supervision and management centers have been set up in the head office and branches to deeply advocate the customer-centered service concept; Strengthen the professional management of all business lines, introduce six suitable tools to comb and optimize business processes, and steadily promote the whole process management.
In 20x, the Bank further promoted the adjustment of business strategy, constantly innovated retail financial products, vigorously promoted the integration of "winning by outlets" and new processes of personal loan business, and accelerated the development of retail banking business; Actively adjust the credit card marketing strategy and explore the road of lean customer management; With the management of customers' total assets as the core and high-quality wealth management products as the link, vigorously develop wealth management business; Vigorously promote the development of intermediary business, especially emerging intermediary business such as cash management, enterprise annuity and business card; According to the requirements of the "Six Mechanisms" of the China Banking Regulatory Commission, the first domestic small business credit center with "quasi-sub-bank and quasi-legal person" model was established in Suzhou, specializing in small business credit business, and the business structure, customer structure and income structure of the whole bank were further optimized.
In the past 20 years, the bank has made great progress in international comprehensive management. New york Branch was grandly opened on Wall Street, becoming the first branch approved by a Chinese bank in the United States since the implementation of 199 1 Law on Strengthening Supervision of Foreign Banks. The successful acquisition of Wing Lung Bank, which has a history of 75 years and ranks fourth among local banks in Hong Kong, is by far the largest bank holding acquisition in Chinese mainland and the largest acquisition in Hong Kong in recent years. Successfully invested in Taizhou Commercial Bank, successfully issued the first phase of asset-backed securities, CMB Financial Leasing Company started to operate, the preparations for China Merchants Cigna, Tibet Trust's equity acquisition and futures settlement business progressed steadily, and the integrated operating platform was further consolidated.
In the past 20x, the bank has successfully completed the Olympic service guarantee, voluntarily fulfilled its corporate social responsibility, and its overall brand image has been widely recognized by all sectors of society. It was awarded many honors by authoritative media and institutions at home and abroad, such as "Top Ten Most Respected Enterprises in China", "Best Banking and Finance Company in China", "Best Local Bank in China" and "Best Local Cash Management Bank in China", and won the second place in Britain.
The above achievements can not be achieved without the hard work of all employees and the strong support of customers, investors and all walks of life. Here, on behalf of China Merchants Bank, I would like to express my sincere thanks to all friends from all walks of life who care about and support the development of China Merchants Bank!
In the 20x years, we will follow the working guiding ideology of "facing risks squarely, seizing opportunities, improving management and developing scientifically", deeply understand the challenges and opportunities brought by the global financial crisis, adhere to a prudent and positive development strategy, be firm in confidence and calmly respond, strive to maintain the sustained and healthy development of all businesses in the whole bank, and write a new chapter for the grand cause of China Merchants Bank!
Speech by the President of the World Bank
Dear leaders and colleagues,
Hello everyone!
Just now, I was touched by the speeches of President X and President X, especially their attachment to the X branch. I feel very honored and happy to come to X Branch to work and live with you today. Here, I sincerely thank the Municipal Party Committee for its trust and trust, President X and Director X for sending me to my post, and President X and everyone for their warm welcome.
X sub-branch has always been a great hero of x-x, and has a decisive position in the history of X city. In particular, the team members headed by President X led all the staff, made great efforts and made concerted efforts with Qi Xin, which made great progress in various businesses of X Branch, further improved staff morale and internal and external image, and made internal control management leap to a new level, creating a glorious period in the development history of X Branch.
As a successor, I deeply feel the weight of the appointment of the municipal party Committee, the heavy burden on my shoulders, the great pressure of taking responsibility, and the lack of knowledge, ability and experience. Personally, it is not only a brand-new career, but also a brand-new field. Many aspects need me to be familiar with and master as soon as possible. It can also be said that this is not only a test of my personal ability and knowledge level, but also a comprehensive review of the cohesiveness and combat effectiveness of our new team and employees.
However, I am convinced that with the correct leadership of the Municipal Party Committee, the solid foundation laid by President X and previous X people, the strong support and help of all departments and offices of the municipal bank, and through the joint efforts of all our employees, I have the confidence and determination to change my role as soon as possible, adapt to the environment, carry forward the fine traditions of X Branch, and live up to the trust of the organization and the hope and love of employees. At the same time, I sincerely hope that President X and President X can teach me the valuable experience accumulated over the years without reservation, and I sincerely hope that you will supervise and help me.
For the same goal, for the glory of X Branch, I have the determination and confidence to lead everyone to work hard and help each other, spare no effort to make all the work detailed, practical and accurate, and hand in a qualified answer sheet to the Party Committee and all the staff.
Speech by the President of the World Bank
Hello everyone! I am very happy to attend the China Financial Forum.
In the past 30 years, China's banking industry has made remarkable achievements. The same is true of China Merchants Bank (600036), which is a clear example. In the past 20x years, it has developed from a small bank and a small credit cooperative with a capital of 6,543.8 billion yuan and 34 people and three rooms to a modern commercial bank that can rank among 100 banks today, which is the embodiment of reform and opening up. Today, like the banking industry all over the world, we are facing this once-in-a-century financial storm, so I want to talk about how to deal with this storm and then innovate in it.
The subprime mortgage crisis began with subprime loans, but it quickly penetrated into the capital market and money market, and now it is rapidly infiltrating into the credit market. Therefore, its impact on the economic system is being reflected, and it can be said that this impact far exceeds our expectations. Now the whole world economy is tottering, and there is no sign of recovery in Europe, America and Japan. We are facing a post-bubble period and it will take 20 years to recover,' said Morgan Stanley's Roach. However, winter has come, can spring be far behind? I think it's still far away.
As the world enters the severe winter, I feel that China's economy can't be immune to it, and it will be greatly affected. It should be said that the banking industry in China, directly affected by this crisis, should be limited. This does not mean that our banking industry in China is very resistant to risks and can be far-sighted. I think this is because our participation in the international market is not very high, so we are lucky not to lose money again.
However, the impact of the economic crisis on the economy will in turn affect banks more and more. We have two worlds of ice and fire in the first half and the second half of this year. The first half can be said to be scorching sun, while the second half is chilly. In the first half of the year, a large number of good enterprises were the best in history. In the second half of the year, it turned sharply, and some even lost money in the whole industry.
In the first half of the year, China's coastal industries developed very rapidly. Our index in the first half of the year is 120x, which indicates the economic development in the first half of the year. But now it has fallen below 800 points.
The coastal areas were good in the first half of the year, and the second half was the hardest hit area. The operating environment of our bank is the same. The first 10 month is tight, and it is called moderate easing from 10 month. The same is true of the banking industry. In the first five years, our major commercial banks developed very well, and the compound growth rate of pre-tax profits exceeded 40%. In the first half of this year, the final profit of commercial banks exceeded 40%, a year-on-year increase of 60%, which is very impressive. So is China Merchants Bank. In the first half of this year, it was 1.20%, and its net profit increased by 90% in September. The first half of this year is the best year in history. The NPL ratio 1.2, provision coverage ratio 200%, ROA 1.6% and ROE 35% should be the best in the world. But it began to decline in the third and fourth quarters. I think there should be many unfavorable factors in next year's forecast.
First of all, most banks rely on spreads, but there are two factors that determine the decline in interest income. One is that when the economy goes down, the demand for effective loans is generally insufficient. Of course, we can see that banks are now highly commercialized, and when banks really want to lend, they still have to do it according to commercial principles. In addition, when the economy goes down, the central bank keeps cutting interest rates. Therefore, the net rate of return of banks shows a downward trend. So these two points determine that the interest income of banks should be reduced. In addition, banks need an adaptation process from tight monetary policy to moderately loose monetary policy. Although we should respond positively, we still need steps. In addition, now that the capital market can't see the light, it should be difficult for banks to get out of the trough by relying on these non-spread income in the capital market.
Third, due to the difficulties encountered by enterprises, the expectation of non-performing assets of banks has increased. Then, the increase in bank provisions will also affect the bank's profits.
Fourth, in this case, risky assets have increased. If banks want to maintain capital adequacy ratio, they should also increase their capital to adapt to this situation.
All this should have some negative effects on profits. Therefore, the impact of the financial crisis on banks will gradually emerge next year.
Faced with such a situation, what should the banking industry do? What shall we do? We are full of this pessimism now. This is the market. In good times, our media sings very well. When we were at 6300, many people said that we should reach 1000, and that it was 20 times as prosperous, and we kept singing well in foreign markets. But when the economy goes down and the market is not good, everyone is singing bad songs. What is a crisis? I understand that the financial crisis is actually a crisis of confidence. America is on the verge of collapse, and we are still in crisis. This bottom, I think when confidence is restored, then we can bottom out. Therefore, under the present circumstances, I think it is useless for us to be pessimistic. Economy is cyclical, and there will always be a certain degree of recovery. As enterprises and banks, they must always operate and survive. So at this time, we should look for more opportunities in difficult times.
Summary of bank president's speech;
★ Summary of cooperative speeches
★ Selected speeches of previous bank presidents
★ Thank you for your speeches and speeches.
★ Highlights of city leaders' speeches
★ Summary of speeches at the conference
★ Selected model essays of leadership speeches
★ Selected speeches of event leaders in 2020
★ Selected speeches at the year-end appreciation meeting
★ Summary of cooperation speech
★ Summary of opening leaders' speeches