Listed Banks Turn Over Reserves To About 700 Billion.

October and November

According to the semi annual report of some listed banks, 14 listed banks will pay 695 billion 800 million yuan reserve in the next 6 months, accounting for nearly 8 of all bank deposits.

Analysts estimate that in October and November, commercial banks had greater pressure to pay, with a monthly average of 220 billion 100 million yuan.

"Deposit is bound to exacerbate the tension in interbank market funds, and banks have to restructure their assets."

The policy has a larger impact on the Bank of Communications (4.73, -0.04, -0.84%) (4.73, -0.04, -0.84%) in the large state-owned banks; in the small and medium banks, deep development, Nanjing Bank (8.21, -0.10, -1.20%) (8.21, -0.10, -1.20%), Huaxia Bank (10.36, -0.22, -2.08%) (10.36, -0.22, -0.22) and Minsheng Bank (5.86, 12, 10) (5.86, *, and) have greater pressure due to the reserve requirement.

According to relevant reports, it is included in the paid base.

The central bank data show that as of the end of 7, the margin deposits of financial institutions under the RMB unit project were 4 trillion and 422 billion 236 million yuan.

The margin of large financial institutions is about 16000 billion yuan, and that of small and medium-sized financial institutions is about 28000 billion yuan.

Based on the data in July, all commercial banks are expected to pay the bill.

Specifically, ICBC (4.10, -0.03, -0.73%) (4.10, -0.03, -0.73%), Agricultural Bank (2.58, -0.02, -0.77%) (2.58, -0.02, -0.77%), Bank of China (2.97, -0.03, -1.00%) (micro-blog) (2.97, -0.03, -1.00%), Construction Bank (4.53, -0.73%, 4.53), and Bank of communications, five major state-owned banks and postal savings banks have been paid in accordance with the ratio of payable in the three months since the beginning of September 15th. Other banks have been paid in accordance with the ratio of the amount payable in September 15th.

Some listed banks have disclosed semi annual reports. In the five major state-owned banks, the Bank of China needs to pay reserves of 101 billion 400 million yuan, and the CCB needs to pay 85 billion yuan. The bank has to pay 76 billion 800 million yuan. The bank has to pay 53 billion 200 million yuan, and the bank has to pay 102 billion 800 million yuan.

Among them, the deposit accounts for more than 10% of the bank's margin deposits, and the margin accounts of the three banks of ICBC, ABC and CCB are all less than 5%.

The research report issued by China Merchants Securities (11.96, -0.03, -0.25%) (11.96, -0.03, -0.25%) said that the proportion of margin deposits of large banks in the country is not high, and there are more excess reserves. Even if 21.5% of the margin deposit is to be paid to the central bank, it will not exert pressure on its liquidity.

In the joint-stock banks, Everbright Bank (3.05, -0.04, -1.29%) (3.05, -0.04, -1.29%), Shenzhen Development Bank, Minsheng Bank and Xingye Bank (13.18, -0.21, -1.57%) (micro-blog) (13.18, -0.21, -1.57%) account for relatively high margin deposits and less excess reserves. It is expected that the expansion of the reserve deposit scope will have an impact on its asset allocation strategy, but given the 6 month grace period, its impact is controllable.

Data show that as of the end of 6, banks with relatively high margin deposits accounted for 28% of total deposits, 19% from Nanjing bank, 18% of Minsheng Bank (18%), Huaxia Bank (17%), and CITIC Bank (4.46, -0.04, -0.89%) (4.46, -0.04, -0.89%) (15%).