Minsheng Bulletin

Our Bank is Awarded The Best Asian Risk Management Bank in 2009

2009-12-4

At the 4^th "21^st Asian Financial Annual Meeting"On November 21, our bank was honored as "The Best Risk Management Bank in 2009".

The comments given to China Minsheng Bank by the academic committee of Asian banks competitiveness ranking report is as follows: it has been proved by facts that to cut the risk source at the origin is far more effective than making compensation after the event happens. China Minsheng Bank has been for years committed to reforming the international standard procedure management and building internal controlling system for a rainy day, which firmly guarantee the decisive execution and abundant profits. The academic committee decides to honor China Minsheng Bank as "The Best Risk Management Bank in 2009".

Since this year, confronted with the extremely severe and complicated economic and financial environment home and abroad, our bank, on the principle of "guarantee of growth and prevention of risk" and in accordance with the New Basel Capital Accord, has included credit risk, market risk, operation risk and reputation risk into the uniform risk management system, and kept enhancing the professional management and risk controlling ability by "combining several means together".

Presently, our bank has built the "three prevention lines" of risk management consist of business department, risk management department and internal auditing department, under the leadership of the board of directors and the management level of the head office of the band, and under the coordination and management of the risk management committee, the asset liability management committee, and the internal auditing committee, forming a multiple level and comprehensive risk prevention and controlling system with professional evaluation, monitoring at different levels and professional post loan management.

Through comprehensive and professional risk management, our bank has kept improving the asset capital and enhancing the profit making ability. Till the end of September 2009, our bank has reduced the non-performing loan ratio to 0.82%, increased the provision coverage ratio to 185%, and has realized a net profit of 10.2 billion Yuan, up 18.1% over the same period of last year, ranking at the leading level among domestic listed banks.

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