2024 System Upgrade The financial statistics system of the People s Bank of China

Mondo Social Updated on 2024-01-30

Recently, the People's Bank of China issued the revised content of the financial statistics system in 2024 (discussion draft). The content of the revision has further improved the comprehensiveness and scientificity of the financial statistics work, and in terms of large-scale centralized reports, the statistical forms and index items have been partially revised, the method of reporting gold numbers has been optimized, and some of the contents of the report have been revised. Yuejin Digital Technology (Shanghai) Co., Ltd. sorted out the revision of the financial statistics system in 2024 and assisted banks in planning and preparing for the statistics in 2024 in advance.

A total of 15 forms are involved in the revision of the large centralized report, and the types of changes include the adjustment (expansion or reduction) of the scope of the index, the renaming of the index, the addition of the index, the termination of the index, the clarification of the report caliber, the adjustment of the relevant verification and the cessation of submission, and the specific list of changes involved in the report is as follows.

OneA1411 A2411 Monthly Statement of Assets and Liabilities of Financial Institutions

The revisions mainly adjust the indicators including cash, foreign exchange trading, other payables, deposits of financial institutions, loans other than repurchase and lending, etc

IndicatorsTermination withAdditional

The original "debit amount of the current month" and "credit amount of the current month" are counted under "cash".Indicator termination

Cash".New"Physical Cash" and "Digital RMB Cash" are sub-items of RMB balance statistical indicators.

IndicatorsHow to fill inAdjustments

The "foreign exchange trading" between the asset side and the liability side has been adjusted from the method of reporting the historical cumulative amount to the method of reporting the net value at the beginning of the year and the cumulative amount in the middle of the year.

IndicatorsTermination withScope adjustment

The statistical caliber of "Other Payables" was expanded, and the "Payables and Provisional Receipts" of the debtor side were counted under the sub-item "Withholding Expenses".Indicator termination, the corresponding balance is credited to "Other Payables".

4.Indicator termination

The original statistical indicator of "Where: Postal Savings Bank Old Agreement Deposit" under "Deposit by Financial Institutions" of the debtor side was terminated.

The statistical indicators of "3. Leveling items (county-level only)" and "statutory reserve ratio (county-level legal entity only)" in the attached report have been terminated.

5.Clear caliber

The term "auto loan" in the "loans other than repurchase and lending" of the asset side refers to the loans issued by financial institutions to individual borrowers for the purchase of self-use vehicles (including motorcycles).

The supplementary indicator "demand deposits under personal bank cards" refers to the demand deposits in bank card accounts issued by financial institutions to domestic individuals, including credit card overpayments.

6.The indicator was renamed

The asset side's "loans other than repurchase and lending" were originally renamed as "of which: housing loans" for non-residents.

"Derivative Financial Instruments" on the Asset and Liability Side was renamed as "Financial Derivative Instruments".

The attached report "Margin for Derivatives Financial Products" was renamed as "Margin for Financial Derivatives".

7.Adjust Terminate the validation relationship

Check in the adjustment table: "Payable" = "Wages Payable" + "Benefits Payable" + "Tax Payable" + "Profit Payable" + "Interest Payable" + "Dividends Payable" + "Long-term Payables" + "Other Payables".

Adjust the checks in the table: "Current Deposit under Personal Bank Card", "Credit Card Deposit" + "Current Deposit", "Credit Card Deposit, including: Non-resident", "Current Deposit - Including: Non-resident".

Adjustment of off-balance sheet verification - involving the statistics of assets and liabilities of financial institutions (A1411 A2411) and the classification of medium and long-term loans by actual investment direction (A1464 A2464):

Total Medium and Long-term Loans" "2Medium and long-term loans "+" 3financial leasing" (non-depository financial institutions in the banking industry).

Total Medium and Long-term Loans" "2Medium and long-term loans "+" 3Financial leasing "+" 2Medium and long-term funds for financial institutions" and "Medium and long-term funds for domestic banking depository financial institutions" (banking depository financial institutions).

Termination of off-balance sheet verification - Involving the assets and liabilities statistics of financial institutions (A1411 A2411) and the special statistics of real estate loans (A1460 A2460): "2) Personal Housing Loan" = "Housing Loan" + "Housing Loan".

2. A1433 A2433 A1333 A2333Special statistical revision of agriculture-related loans

The scope of this revision covers the monthly and quarterly statistical tables of agriculture-related loans, mainly adjusts the statistical scope of indicators and sub-indicators such as "loans to rural households" and "loans to rural enterprises and various organizations", further refines the types of agriculture-related loans, and conforms to the policy orientation of the state to vigorously support loans to agricultural farmers. The main changes are as follows:

A1433 A2433 Agriculture-related Loans Monthly Report Briefing

Indicators added. "Farmer Household Operating Loans" and sub-indicators.

loans for agriculture, forestry, animal husbandry and fishery of urban enterprises and various organizations".

loans to urban enterprises and various organizations to support agriculture" and sub-indicators.

Notes on indicators such as "loans for grain production".

Indicator terminationLoans for Agriculture, Forestry, Animal Husbandry and Fishery for Rural Households", "Loans for Rural Enterprises", "Loans for Agriculture, Forestry, Animal Husbandry and Fishery for Rural Enterprises", etc.

Indicator adjustment range.

Agriculture-related loans", "non-farmer households' personal agriculture, forestry, animal husbandry and fishery loans", "farmer households' loans", "farmer households' consumer loans", "loans to rural enterprises and various organizations", "urban enterprises and various organizations to agriculture-related loans".

The indicator was renamed “4.Loans to rural enterprises and various organizations have been updated to 4loans to rural enterprises and various organizations".

5.Agriculture-related loans of urban enterprises and various organizations have been updated to "5".Agriculture-related loans to urban enterprises and various organizations".

Forest tenure mortgage" was updated to "Attached: forest tenure mortgage".

2.A1333 A2333 Agriculture-related Loans Quarterly Report Briefing

Indicator terminationAttached: Loans for Rural Small and Medium-sized Enterprises", "Short-term Loans for Rural Small and Medium-sized Enterprises", "Attached: Loans for Comprehensive Agricultural Development of Rural Enterprises and Various Organizations" and other indicators.

Indicator adjustment range.

Rural Household Loans" and its sub-indicators.

loans to rural enterprises and various organizations" and its sub-indicators.

Agriculture-related loans to urban enterprises and various organizations" and its sub-indicators.

The indicator was renamed"Loans to Rural Enterprises and Various Organizations" was renamed to "Loans to Rural Enterprises and Various Organizations", and the content of relevant sub-indicators was adjusted.

Agriculture-related Loans for Urban Enterprises and Various Organizations" was renamed as "Agriculture-related Loans for Urban Enterprises and Various Organizations", and the relevant sub-indicators were adjusted.

3. Revision of A3304 off-balance sheet business statistics

In 2024, the People's Bank of China (PBoC) will integrate the statistical indicators of the quarterly statistical report of off-balance sheet business and the quarterly statistical report of intermediary business of commercial banks (A1310 A2310), narrow the statistical scope of "off-balance sheet business of intermediary services", and include the acceptance bills of financial companies in the statistical scope of bank acceptance bills. The specific changes are as follows:

Indicators added. Off-balance sheet business of guarantee and commitment", "off-balance sheet business of investment and financing services", "off-balance sheet business of intermediary services", "off-balance sheet business of other types", "letter of guarantee for replacement of pre-sale regulatory funds", "off-balance sheet business income of guarantee and commitment", "off-balance sheet business income of investment and financing services", "income from off-balance sheet business of intermediary services", "income from other off-balance sheet business" and its sub-indicators.

Indicator adjustment range.

Narrow the statistical scope of "** consignment business", "other" and "consignment business income".

The acceptance bill of the financial company is included in the statistical scope of the bank acceptance bill.

The indicator was renamed “4.1 Bond Underwriting "Updated to" 5** Issuance and underwriting of bonds".

4. "Off-balance sheet business of financial derivatives" is updated to "5. Off-balance sheet business of financial derivatives (excluding ** financial derivatives transactions)".

4.**Sales business proceeds" updated to "1.".**Revenue from consignment business".

4. "Off-balance sheet business income of financial derivatives" is updated to "5. Off-balance sheet business income of financial derivatives (excluding ** financial derivatives transactions)".

4. Other changes

A3302 Special Statistics on Loans to Large, Medium and Small Enterprises in China

Statistical indicators for rural households' operating loans have been added.

A3702 Deposits and Loans of Small and Medium-sized Financial Institutions**

The new consumer finance company is the scope of reporting.

A3327 Green Loan Special Statistics

Terminate the submission of statistical indicators related to "loans to enterprises with major risks such as environment and safety".

A3411 Entrusted Loan Special Statistical Monthly Report

The original "(3) Entrusted Loans to Enterprises and Organizations" was renamed as "(3) Entrusted Loans to Non-financial Enterprises and Government Organizations".

The original "(2) Entrusted Loans for Enterprises and Various Organizations** was renamed as "(2) Entrusted Loans for Non-financial Enterprises and Government Organizations**".

A1463 A2463 Monthly Statistical Report of Loans by Industry

Termination of reporting: Deposits (calculated on the basis of the adjusted loan-to-deposit ratio), average monthly deposit balance (calculated on the basis of the adjusted loan-to-deposit ratio), loans (calculated on the basis of the adjusted loan-to-deposit ratio), and average monthly and daily loan balances (calculated on the basis of the adjusted loan-to-deposit ratio).

A1411 A2411 A3702 A3304 Monthly Report of Assets and Liabilities of Financial Institutions RMB Deposits and Loans of Financial Institutions** Quarterly Statistical Report of Off-balance Sheet Business

Clear caliber: The statistical scope involving bank acceptance bills includes bank acceptance bills and financial company acceptance bills.

A1310 A2310 Quarterly Statistical Report on Intermediate Business of Commercial Banks

Terminate the submission of "statistics on intermediary business of commercial banks".

The revision of the gold number is mainly in the following three aspects:

Statistics on the amount of new unit loans replacing old debts.

Optimize the statistical method of existing loans.

A special statistical system for loans to high-tech manufacturing industries has been added.

1. New report:Information on the amount of replacement of old debts by unit loans

The content of the report is the relevant data of the replacement of old debts by loans of non-institutional units during the reporting period (the old debts to be replaced include loans, bonds, other debts, etc., and the methods of replacing old debts include but are not limited to borrowing new ones to repay old debts, renewing loans, and repaying non-standard bonds, etc.).

IIOptimize the statistics of existing special loans: Split into the first batch of messages for the stock special loan and the second batch of the stock for the special loan

ThreeAdjusted the content of some statistical reports

1.In the second batch of existing special loans, the statistical field of "whether it is a high-tech manufacturing loan and the type of high-tech manufacturing loan" is added.

2.In the loan information of existing units, add the field of "Registered Trading Venue**".

3.Under the item of "types of bills" in the statistics of bill business, the category of "acceptance bill of financial company" is added.

FourthExplicit submissionTimeArrangement

Judging from the revision of the financial statistics system of the People's Bank of China (discussion draft), the impact on the large centralized report is not great, mainly adding the refinement of key indicators related to agriculture, adjusting the statistical scope of some indicators such as "off-balance sheet business of intermediary services", and putting forward higher requirements for statistical content and accuracy, while also integrating and deleting the cross-cutting part of the off-balance sheet business report, which relatively reduces the reporting pressure of the reporting agency. The part of financial basic data involves the splitting and refinement of new reports and existing reports, and the reporting institutions can deploy the reporting work in accordance with the new requirements.

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