Recently, there has been a small upsurge in the capital increase of trust companies. Since December, a total of three trust companies have announced an increase in their registered capital. In the long run, 11 trust companies have implemented capital increases since the beginning of this year, with a total capital increase of more than 18 billion yuan in the whole market.
Industry insiders believe that in the context of the transformation of the trust industry, the capital increase can alleviate the financial pressure faced by trust companies in business expansion, which is conducive to promoting the healthy development of the trust industry.
On December 17, ** Trust announced that the company received the "Reply of the State Financial Supervision and Administration on the Change of Registered Capital and Adjustment of Equity Structure of ** Trust", which approved the increase of the company's registered capital to 5.2 billion yuan.
In response to this capital increase, ** Trust said that this capital increase is an optimization and upgrade of the company's equity structure, which will help further strengthen the company's capital strength, improve the company's risk resistance, accelerate the pace of the company's business transformation, improve the quality and efficiency of operation and management, and build a new pattern of integrated development.
On December 11, the official website of Zhongyuan Trust disclosed that the company's registered capital increased from 4 billion yuan to 46808968 billion yuan. On December 14, the Tianjin Supervision Bureau of the State Administration of Financial Supervision and Administration approved the request of Northern Trust on the declaration of the increase of registered capital with undistributed profits, and agreed that its registered capital should be increased from 100.1 billion yuan increased to 200.2 billion yuan, the equity structure remains unchanged.
In this regard, Shuai Guorang, head of the Yongyi Financial Trust Research Institute, said that the current trust industry is in a critical period of transformation, with the continuous expansion of new business, trust companies are facing the pressure of insufficient capital due to the continuous increase in net capital consumption, and capital increase is an effective channel to alleviate the pressure.
A person from a trust company in the central region bluntly said that increasing the registered capital is conducive to enhancing the market's confidence in the company, which is very important for the current trust company's business. At the same time, the increase in the capital of the trust company is convenient to meet the entry threshold of other financial institutions, which can promote the company's business development. The capital increase can also provide financial support for the business transformation of the trust company.
It is worth mentioning that since the beginning of this year, the scale of capital increase in the trust industry has increased significantly, including Chang'an Trust, Western Trust, Yuecai Trust, Jianyuan Trust, etc., 11 trust companies have been approved for capital increase, with a total capital increase of more than 18 billion yuan in the whole market, and a total of 7 trust companies completed capital increase last year, with a total capital increase of about 11.7 billion yuan.
In terms of scale, the trust companies that have increased their capital since the beginning of this year are mainly small and medium-sized trust companies controlled by local state-owned assets. According to statistics, as of December 21, the average registered capital of 67 trust companies in the market was 511.2 billion yuan, with a median registered capital of about 4.2 billion yuan. Among the 11 trust companies that have increased their capital this year, except for Jianyuan Trust and Yuecai Trust, the registered capital of the rest of the trust companies is more than 50 billion yuan and below.
Shuai Guorang said that small and medium-sized trust companies are facing greater pressure in the transformation, and the motivation for capital increase is stronger. "Increasing the registered capital can improve the trust company's ability to resist risks and ease liquidity pressure. On the one hand, it can improve the capital level of the trust company, cope with the pressure of transformation, and further optimize the company's business structureOn the other hand, it is in line with the prudent requirements of the regulatory authorities to strengthen the risk prevention and disposal capabilities of trust companies. This is conducive to promoting the steady development of the trust industry. He said.
*: Shanghai ** Daily.
Review: Tan Lugang.