After experiencing a small credit month in April, credit disbursement is expected to improve in May. A Shanghai Securities News reporter recently learned in the industry that with the implementation of a package of policies, credit growth in May may be significantly better than in April, and the pace of bank credit allocation is more focused on balance and improving quality and efficiency. In terms of investment, banks have increased their efforts in areas such as technology finance and inclusive finance; In terms of retail, consumer loans are still the main battlefield for banks to make efforts. The recent disclosure of institutional investor research minutes by some banks has also "spoiled" business trends. Faced with the market environment of narrowing net interest margin and intensified competition, banks are trying their best to promote their business and stabilize their operating performance. It is expected that there will be a significant improvement in credit allocation in May, according to industry sources. The general manager of the company department of a joint-stock bank's Shanghai branch told reporters that as we enter May, the bank's credit allocation is clearly more focused on quality and balance. Credit managers are busy running clients outside to meet monthly and mid year assessment targets. Zhang Xu, Chief Fixed Income Analyst at Everbright Securities, believes that with a large number of supportive policies introduced in May, credit growth is likely to be significantly better than in April. In May, there were positive changes in China's foreign trade environment, which helped to restore and even further stimulate the effective credit demand of enterprises. For a long time in the past, guided by the concept of "early release and early benefit", banks would concentrate on releasing credit at the beginning of the year. Generally speaking, a bank's credit allocation in the first quarter accounts for about 30% of its annual allocation. In the past two years, under the guidance of regulatory authorities, banks have placed more emphasis on a balanced pace of investment. Overall, the pace of credit allocation is relatively balanced now. ”The General Manager of the Corporate Department of the Shanghai Branch of the above-mentioned joint-stock bank stated that meeting customer needs is more important. For example, some growing technology companies have high requirements for efficient use of funds and will allocate credit based on their investment and procurement cycles. Optimizing resource allocation "has been repeatedly mentioned by interviewed banking professionals. Analysis shows that it is mainly due to the downward pressure on net interest margins, and the emphasis on improving the quality and efficiency of bank credit allocation. A credit source from a city commercial bank told reporters that the bank requires optimizing the structure of credit allocation and allocating credit resources to areas with high returns, good quality, and strong resistance to cycles. In terms of corporate business, credit is more concentrated in advanced manufacturing, technology enterprises, and inclusive small and micro enterprises. Hangzhou Bank recently stated in an institutional survey that it will further accelerate the allocation of resources to strategic emerging industries, modern service industries, advanced manufacturing industries, technology and cultural and creative enterprises, green finance and other sectors. Small and micro loans will be accelerated to extend to the enterprise end on the basis of stabilizing the personal base. During an institutional survey, Chengdu Bank stated that it will continue to focus on the "five major articles", strengthen reserves and marketing, consolidate business advantages, and promote steady loan growth; Jiangsu Bank stated that it will focus on the "five major articles" and actively invest in credit assets and various high-quality assets. Technology finance is becoming a top priority for banks. The 'Five Major Articles' are an important direction for driving the continuous improvement of the bank's operational capabilities, "said a representative from the Shanghai branch of the aforementioned joint-stock bank. Currently, financial resources are more inclined towards technology-based enterprises, and it is hoped that by cultivating professional characteristics, the bank can help win future core competitiveness. In terms of retail, consumer loans are the main battlefield for various banks to compete for. Previously, there were four price wars for consumer loans, and the new customer interest rate was once as low as 3% or less. Since May, with the launch of measures to boost consumption in various regions, banks have been actively investing in key areas such as automobiles, home appliances, home decoration, elderly care, cultural tourism, and new consumption. Doing a good job in consumer loans is beneficial for banks to optimize their credit structure. ”A person in charge of a city commercial bank in East China told reporters. Hangzhou Bank stated that retail credit should focus on attracting new customers for consumer loans and expanding the customer base. Efforts are being made to promote stable business performance. Recently, some banks have disclosed institutional investor research minutes that have "spoiled" business trends. Shanghai Rural Commercial Bank stated that from a full year perspective, with the gradual dilution of the base impact generated by the large-scale real estate storage compensation in the first quarter of last year, as well as the continuous promotion of various business measures, the company's operating performance is expected to remain stable and improve in the future. Changshu Bank stated that in the face of a market environment where interest rates are narrowing and competition is intensifying, the bank will continue to make efforts to optimize its business structure, strengthen fine management and risk control, and stabilize its revenue base through deepening its cultivation of small and micro customer groups in the county, promoting characteristic services such as "whole village credit" and "industrial chain finance". Ningbo Bank stated that it will strengthen its analysis of interest rate trends, seize investment opportunities to increase returns, and enhance the comprehensive return on capital. Asset quality is the lifeline of banks, and many banks emphasize the need to continuously strengthen risk prevention and control. On the basis of adhering to the bottom line of risk prevention and control, we will closely monitor changes in internal and external situations, coordinate efforts to optimize credit allocation guidelines, strengthen credit access, deepen the application of smart risk control, roll out credit risk investigations, increase efforts to dispose of non-performing loans, and tighten internal controls. (New Society)