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惠譽升光大銀行(06818.HK)信貸評級至「BBB+」 展望穩定
評級機構惠譽公布,上調中國光大銀行(06818.HK)長期外幣發行人違約評級,由「BBB」升至「BBB+」,展望穩定,同時確認生存力評級「bb-」。 惠譽稱,上調光行評級主因其母企光大集團戰略重要性增加,作為央企與中央政府關係密切。光行是光大集團系內最大附屬。 報告料今年餘下時間中國經濟將持續溫和復甦,惟國內挑戰,特別是內房行業,將限制內銀板塊的表現。惠譽提及,經過過去五年監管收緊,光行影子銀行活動減少,協調其渡過三年疫情及內房危機,並料將減低其核心信貸狀況的波動程度。由於內地房市受壓,報告料光行今年不良貸款率溫和上升,但影響被該行房地產開發相關敞口可控及近年積極清理不良貸款所抵銷。 惠譽並料光行今年經營溢利及風險加權資產大致穩定,信貸成本溫和下降料被淨息差收窄所部分抵銷。不過,由於融資成本較高,光行盈利能力仍較國有銀行平均為弱。
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