尊敬的各位嘉賓，女士們、先生們：
大家上午好！
很高興能出席本次香港全球貸款市場峰會，有機(jī)會與來自全球各市場公會以及各金融機(jī)構(gòu)的銀行家們在一起，就全球貸款市場的情況進(jìn)行溝通和交流，我們感到非常榮幸。在此我謹(jǐn)代表中國銀行業(yè)協(xié)會向此次會議的主辦方亞太貸款市場公會表示衷心的感謝，向今天與會的各位來賓致以誠摯的問候和熱烈的歡迎！
中國銀行業(yè)協(xié)會成立于2000年5月，截至2011年底，已有151家成員單位。我們的銀團(tuán)貸款與交易專業(yè)委員會成立于2006年成，目前已有61家成員單位，包括政策性銀行、大型商業(yè)銀行、股份制商業(yè)銀行、城市商業(yè)銀行、農(nóng)村合作金融機(jī)構(gòu)(農(nóng)村商業(yè)銀行、農(nóng)村信用合作社聯(lián)社)、郵政儲蓄銀行、外資銀行中國法人機(jī)構(gòu)及中央國債登記公司等。該委員會成立以來，本著“合作、發(fā)展、共贏”的宗旨，在中國的貸款市場積極推廣銀團(tuán)貸款理念,引領(lǐng)成員單位共同推動銀團(tuán)貸款一級市場發(fā)展和二級交易市場建設(shè)。在規(guī)范銀團(tuán)貸款業(yè)務(wù)操作,促進(jìn)同業(yè)合作,鼓勵有序競爭,維護(hù)銀團(tuán)貸款與交易市場秩序,引導(dǎo)中國銀團(tuán)貸款與交易市場的規(guī)范健康發(fā)展等方面發(fā)揮了重要作用，為在金融危機(jī)形勢下建設(shè)穩(wěn)健的銀團(tuán)貸款市場做出了貢獻(xiàn)。根據(jù)銀團(tuán)委員會成員單位統(tǒng)計(jì)數(shù)據(jù)，截至到2011年末，銀團(tuán)貸款余額已達(dá)到3.02萬億元人民幣，較銀團(tuán)委員會成立之初的2005年銀團(tuán)貸款余額2337億元人民幣，增長了11.9倍，呈現(xiàn)出跨越式的增長態(tài)勢。中國的銀團(tuán)貸款市場已經(jīng)日趨成熟，銀團(tuán)貸款理念和通過銀團(tuán)貸款進(jìn)行融資的方式已得到商業(yè)銀行和越來越多借款人的接受與認(rèn)可，銀團(tuán)貸款產(chǎn)品已成為銀行拓展市場、服務(wù)客戶的重要載體。
銀團(tuán)貸款的核心理念即合作。毫無疑問，一個行業(yè)要充滿活力、不斷創(chuàng)新、不斷進(jìn)步發(fā)展，不能沒有競爭。競爭當(dāng)然是銀行業(yè)不斷創(chuàng)新、進(jìn)步、發(fā)展的動因。但與任何事物都有度有極限一樣，競爭也是有度有極限的，超過一定度一定極限的競爭，比如不當(dāng)競爭、惡性競爭，就可能陷入市場博弈中的“囚徒困境”，不僅導(dǎo)致競爭各方幾敗俱傷，而且導(dǎo)致行業(yè)、社會資源浪費(fèi)。因此，把握競爭的度，規(guī)避競爭的極限，尋求競爭與合作的辯證統(tǒng)一，是應(yīng)有之義。
把握競爭的度，規(guī)避競爭的極限，尋求競爭與合作的辯證統(tǒng)一，不僅適合一個行業(yè)、一個國家，也適合全球。這讓我想起1995年歐洲委員會委托里斯本專家小組寫過一本書,叫《競爭的極限——經(jīng)濟(jì)全球化與人類未來》。該書認(rèn)為,適當(dāng)有效的競爭能提高資源配置,但當(dāng)競爭過度而碰到極,將導(dǎo)致一系列消極后果。因而不能簡單用競爭來管理全球,而是需要一個世界性契約,用于制定共同協(xié)作政策來加強(qiáng)協(xié)調(diào)合作,以實(shí)現(xiàn)真正有效的全球調(diào)控。應(yīng)該說，這是很有先見之明的。
本次國際金融危機(jī)發(fā)生之后,共召開了六次20國峰會,通過六次峰會,世界上絕大多數(shù)國家已經(jīng)達(dá)成了一種全球共識:全球性金融危機(jī),必須依靠全世界人民的力量、各國政府協(xié)調(diào)一致的行動共同應(yīng)對。我國外交部長楊潔篪在2009年6月24日聯(lián)合國“世界金融與經(jīng)濟(jì)危機(jī)及其對發(fā)展的影響高級別會議”上,指出實(shí)現(xiàn)可持續(xù)增長的責(zé)任必須由全球各國共同承擔(dān),希望各國能夠本著互利共贏的伙伴精神,共商應(yīng)對國際金融危機(jī)、促進(jìn)全球共同發(fā)展之策,發(fā)出國際社會團(tuán)結(jié)一致、精誠合作的強(qiáng)烈信號,進(jìn)一步凝聚共識,促進(jìn)合作。第63屆聯(lián)大主席布羅克曼也在會議上說,全球金融和經(jīng)濟(jì)危機(jī)正使人類處于歷最獨(dú)特的時刻,在世界各國之間相互依存度不斷提高的今天,世界各國應(yīng)當(dāng)同舟共濟(jì),防止全球危機(jī)轉(zhuǎn)變?yōu)橐粓錾鐣h(huán)境和人道主義悲劇。他同時指出應(yīng)該在世界各國人民的多種文化經(jīng)驗(yàn)和傳統(tǒng)基礎(chǔ)上適時建立全球化的政策和倫理,并提出了尊重、關(guān)愛、集體責(zé)任、合作等四項(xiàng)倫理原則。
全球加強(qiáng)協(xié)調(diào)合作的呼聲愈加強(qiáng)烈,各國政要紛紛在重大國際會議上呼吁攜手一致應(yīng)對危機(jī)。這在很大程度上印證了里斯本專家小組的上述觀點(diǎn)和主張。
今天的貸款市場峰會，是一個很好的交流機(jī)會，來自全球各地區(qū)和各個國家的金融專家們相聚一堂，分享市場觀點(diǎn)，探討發(fā)展趨勢，尋求合作機(jī)會。我們歡迎更多的海外金融機(jī)構(gòu)關(guān)注中國銀團(tuán)市場，以銀團(tuán)業(yè)務(wù)為合作點(diǎn)，加強(qiáng)業(yè)務(wù)合作，推動中國銀團(tuán)市場日趨規(guī)范與活躍，同時，我們也將引導(dǎo)更多的內(nèi)地金融機(jī)構(gòu)關(guān)注境外銀團(tuán)合作，以母行的境外分支機(jī)構(gòu)資金、國內(nèi)客戶的境外子公司資金等多種形式參與境外項(xiàng)目，引資與投資雙管齊下，為國內(nèi)及國際貸款市場及經(jīng)濟(jì)發(fā)展提供金融支持。但愿我們通過此次峰會的交流與溝通，增進(jìn)了解，增強(qiáng)互信，為全球銀團(tuán)貸款市場合作共贏開個好頭。
最后，預(yù)祝大會取得圓滿成功！
今年是中國的龍年，我謹(jǐn)以中國傳統(tǒng)方式給大家拜個晚年，祝各位龍年大吉，宏圖大展。
謝謝大家！
Start a Good Beginning for Win-win Cooperation
of the Global Syndicated Loan Market
——Deputy Chairman of CBA Zaiping Yang’s Speech in the Global Loan Market Summit in Hong Kong in 2012
Ladies and Gentlemen, Good Morning！
I’m very glad to attend this Global Loan Market Summit in Hong Kong, and we feel great honoured to have the opportunity to communicate and exchange the global loan market conditions with various market associations and bankers from many financial institutions together. On behalf of China Banking Association (CBA), I would like to express my sincere thanks for APLMA (Asia Pacific Loan Market Association), the Summit organizer, and I extend my cordial greetings and warm welcome for all guests attending this summit today.
China Banking Association was founded in May, 2000. At the end of 2011, CBA had 151 members. Our Syndication Loan & Trading Committee was founded in 2006, it currently has 61 members, including policy banks, large commercial banks, joint-stock commercial banks, city commercial banks, rural cooperative financial institutions, postal savings banks, legal institutions of foreign banks in China, China Central Depository & Clearing Co.,Ltd. and so on. Since the founding of this committee, it is adhering to the purpose of “cooperation, development and win-win”, and active in promoting the concept of syndicated loan in Chinese loan market, leading the members to jointly promote the development of primary market and secondary market of syndicated loan. It has played an important role in standardizing syndicated loan business operations, promoting co-operation with peers, encouraging orderly competition, maintaining market order of syndicated loan & trading, guiding the healthy development of China’s syndicated loan & trading market.
According to committee members’ statistics, at the end of 2011, syndicated loans reached RMB 3.02 trillion, an increase of 11.9 times, showing a growth by leaps and bounds, as compared to RMB 233.7 billion in 2006,when committee was newly established. China’s syndicated loan market becomes more mature, the concept of syndicated loan and financing through syndicated loan have been accepted and recognized by commercial banks and more and more borrowers, syndicated loan product has become an important carrier of expanding market and serving customers for banks.
The core concept of syndicated loan is cooperation. There is no doubt that the industry cannot be continually dynamic, innovative, and progressive without competition. Of course, competition is the motivation of bankings’ continuous innovation, progress and development. As everything has limits, competition also has a limit, beyond a certain degree or limit of competition, such as unfair competition, vicious competition, the market may fall into the game of “Prisoner’s Dilemma”, not only causing damage to all related parties, but also leading to the waste of industrial and social resources. Therefore, to grasp the degree of competition, to avoid competition limits, to seek the dialectical unity of competition and cooperation, is the proper meaning.
To grasp the degree of competition, to avoid competition limits, to seek the dialectical unity of competition and cooperation, which is not only applicable for an industry, a country, but also suitable for the global. It reminds me of a book called“The limits of Competition-Economic Globalization and the Future of Mankind”, which was written by the Lisbon Expert Group of European Commission in 1995. This book believed that appropriate and effective competition can increase the allocation of resources; however, excessive competition will lead to a series of negative consequences. Therefore, competition cannot be simply used to manage the world, a global contract, which formulating policies of working together, is rather needed for strengthening coordination and cooperation in order to achieve truly effective global regulation. This is very prescient!
After this international financial crisis, there held six Summits of the G20 nations. Through these summits, most countries have reached a global consensus: the global financial crisis must rely on the strength of the world’s people and the concerted action by governments around the world.
China’s Foreign Minister Jiechi Yang spoke at the United Nations’ World Financial and Economic Crisis and Its Impact on the Development High-level Conference on June 24, 2009. He proposed that the responsibility to achieve sustainable growth must be shared by the countries around the world, hoped that countries could jointly cope with the international financial crisis and facilitate common development with the spirit of win-win partnership. He then issued the strong signal about solidarity and sincere cooperation of international community, furtherly building consensus and promoting cooperation.
President of the 63rd Session of UN General Assembly Brockmann also said at the conference that, global financial and economic crisis was the most unique moment in the history of mankind. Nowadays, countries around the world are increasingly interdependent, so the countries should help each other to prevent the global crisis from evolving into a social, environmental and humanitarian tragedy. He also pointed out that global policies and ethics should be timely established, based on a great variety of cultural experiences and traditions of the peoples of the world. What’s more, he put forward the four ethical principles: respect, care, collective responsibility, and cooperation.
Global voice for strengthening coordination and cooperation has become even more strongly, national political figures have called for the same response to the crisis together at major international conferences. This largely confirms the above views and ideas of the Lisbon Expert Group.
Today’s summit is a very good opportunity for exchanging ideas, financial experts from all countries and regions worldwide have come together to share marketing ideas, discuss trends and seek cooperation opportunities. We hope that more overseas financial institutions are interested in China’s syndicated loan market, in order to strengthen syndicated business cooperation and promote China’s syndicated market increasingly standardized and active. Meanwhile, we will direct more mainland financial institutions to be concerned about foreign syndicated cooperation, the funds of parent banks’ foreign branches, or the funds of domestic customers’ overseas subsidiaries and other forms can be involved in offshore projects. Foreign capital combined with investment, provides financial support for domestic and international loan market and economic development. We hope that communication of this summit could enhance understanding and mutual trust, so that it could start a good beginning for win-win cooperation of global syndicated loan market.
Finally, I wish the summit a complete success!
This year is the Dragon year in China, I would like to give my best wishes for you in Chinese traditional way, I wish you 龍年大吉，宏圖大展。
Thanks very much!