安融（香港）评级确认国民银行（中国）有限公司“A”国际评级；展望:稳定
安融（香港）评级确认国民银行（中国）有限公司“A”国际评级；展望:稳定
2025年1月17日，中国香港。安融（香港）评级确认国民银行（中国）有限公司[简称“国民银行（中国）”]的长期主体评级为“A”，展望为“稳定”。
评级结果肯定了作为国民银行的全资子公司，在母行的发展战略中具有重要地位，在资金、客户资源、风险管理、信息系统及技术和人员培训等方面获得母行的大力支持；资本较为充足，为业务开拓创造了良好条件，同时也关注到部分大额贷款风险暴露导致不良贷款明显上升，且贷款行业和客户较为集中，本土化经营过程中对中资企业的风险评估和把握有待加强，未来资产质量仍面临一定下行压力；成本费用管控和拨备计提压力较大，盈利能力较弱；营业网点有限，存款基础和稳定性有待提升，资产负债存在较大期限错配等风险因素。
关键评级观点
优势
作为国民银行的全资子公司，在母行的发展战略中具有重要地位，在资金、客户资源、风险管理、信息系统及技术和人员培训等方面获得母行的大力支持；
资本较为充足，为业务开拓创造了良好条件。
关注
部分大额贷款风险暴露导致不良贷款明显上升，且贷款行业和客户较为集中，本土化经营过程中对中资企业的风险评估和把握有待加强，未来资产质量仍面临一定下行压力；
成本费用管控和拨备计提压力较大，盈利能力较弱；
营业网点有限，存款基础和稳定性有待提升，资产负债存在较大期限错配。
评级展望
预计公司业务持续性较好，且将持续获得较大力度的外部支持。综合考虑，安融（香港）评级给予公司的信用评级展望为稳定。
注：
1、上述评级均为主动评级。
2、本文译自英文版新闻稿。若有分歧，以英文版为准。
专案组组员
林芮礽，分析师
评审委员会主任
胡超
Huchao@arrating.com
媒体联系
complaints@arrating.com
评级服务联系
林芮礽
相关信用评级委员会召开日期：2025年1月17日
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相关的评级方法和模型
《银行业信用评级方法和模型》（2024年11月28日）
免责条款
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ARHK Affirms ‘A’ International Rating to Kookmin Bank (China) Limited, Outlook Stable
17 January 2025
Hong Kong, January 17, 2025. ARHK has affirmed an international scale long-term issuer credit rating of ‘A’ to Kookmin Bank (China) Limited, with a stable outlook.
The rating results confirm its important position as a wholly-owned subsidiary of the Kookmin Bank (China), receiving strong support from the parent bank in terms of development strategy, funds, customer resources, risk management, information systems and technology, and personnel training; capital is relatively sufficient, facilitating business expansion. However, there is concern over the risk exposure from some large loans, leading to a noticeable increase in non-performing loans, with loan industries and customers being relatively concentrated. In the localization process, the risk assessment and management of Chinese enterprises require strengthening, with asset quality facing potential downward pressure. Additionally, cost control and provision pressure are significant, and profitability is weak. The limited number of business outlets and the need to enhance the deposit base and stability highlight the risks of significant maturity mismatches in assets and liabilities.
KEY RATING PERSPECTIVES
Strengths
As a wholly-owned subsidiary of the Kookmin Bank (China), it holds a critical position in the parent bank's development strategy, receiving substantial support in funding, customer resources, risk management, information systems and technology, and personnel training.
The bank's capital is relatively sufficient, facilitating business expansion.
Weaknesses
The risk exposure of some large loans has led to a significant increase in non-performing loans, and the loan industry and customers are relatively concentrated. The localization process requires enhanced risk assessment and management of Chinese enterprises, with asset quality facing potential downward pressure.
Cost control and provision pressure are relatively high, and profitability is weak;
The limited number of business outlets and the need to enhance the deposit base and stability highlight the risks of significant maturity mismatches in assets and liabilities.
RATING OUTLOOK
The company's business continuity is expected to be relatively good, and it will continue to receive substantial external support. Taking all factors into consideration, ARHK assigns a stable outlook to the credit rating of Kookmin Bank (China) Limited.
NOTE:
1. The above ratings are all unsolicited credit ratings.
2. The Chinese version of this article is translated from the English version of the press release. In case of discrepancies, the English version shall prevail.
ANALYST CONTACTS
Analyst
Lam Yui Ying
Committee Chair
James Hu
Media Contact
Rating Services Contact
Lam Yui Ying
Date of Relevant Rating Committee: 17 January 2025
Additional information is available on www.arrating.com
Related Criteria
Sovereign Credit Rating Methods and Models (28 November 2024)
DISCLAIMER
This rating is based on information officially released to the public by the rated objects. The legality, authenticity, completeness, accuracy, and timeliness of the relevant information are the responsibility of the rated objects and its information publishers. ARHK has conducted a prudent analysis of the rating information based on the principles of relevance, timeliness, and reliability, but does not guarantee the legality, authenticity, completeness, accuracy, and timeliness of the above information. The rating results did not take into account non-public information that may have a significant impact on the credit rating and could not be obtained.
Any statements and judgments regarding the credit status of the rated objects in this report are only for reference in relevant decision-making and do not imply that ARHK substantively recommends any user to invest, borrow or lend money, and trade based on this report, nor can they be used as a basis for users to purchase, sell, or hold related financial products. Under no circumstances shall ARHK, as well as its directors, shareholders, employees, or representatives be liable for any damages, expenses, costs, or losses incurred by any investor (including institutional and individual investors) as a result of using the analysis results presented in this report, nor shall they be liable for any consequences arising from the use of this report by the rated objects or their issuers or providing this report to other parties.