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標普:疫情對資產質素影響需兩年時間消化 將拖累內銀盈利能力
標普全球評級金融機構信用分析師胡暘瑞在網上會議中表示,留意到內銀盈利能力有所轉差,其中一個原因是信貸成本,認為疫情為資產質素帶來的壓力需要兩年時間消化,故將為盈利能力帶來影響,同時內地亦需面對經濟轉型等的影響。另一方面,他指出在內地貨幣政策大致穩定、LPR利率未變,平均貸款收益仍向下,認為在貸款組合上有轉變,例如是收益較低的中小微企貸款獲支持,而房地產貸款則受較嚴監管。

而在費用收入方面,他認為政策希望「降費」,加上消費表現遜預期亦會拖累信用卡等的收入,料將影響到平均資產回報率表現。

在港銀方面,他預期香港今年GDP增長將為6.5%,而明年增長則為2.5%,認為經濟反彈主要受惠本地的刺激措施、內地經濟及貿易增長等,相信港銀資產質素問題不大,而大部分貸款亦已回復原先的還款進程。(el/u) ~

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