European and American banks in general financial crisis Customized Chelsea Jersey , a toll, the U.S. banking industry profits in 2008-2009 compared to 2007 decreased by 90% and 86%, although the first half of the U.S. banking industry achieved 37.9 billion in profits, but from the pre-crisis level also very different. In 2009, although the profitability of banks in Europe, but still down over 65% in 2007.
IMF 10 April report showed the financial crisis caused credit losses more than 2.2 trillion U.S. dollars, mainly in Europe and America. Not only that, due to the continued exposure to bad loans Cheap Chelsea Jerseys , European banks will face the problem of long-term non-performing assets. The next 24 months, European and American banks nearly 4 trillion in debt due to expire, more than 1 trillion in government financing guarantees have expired. And, the real estate market continues to deteriorate, it will further drag on bank assets. Bank of America 2009, the number of failures up to 140, the highest record since 1992, went bankrupt this year and more than 100.
In contrast European and American banks Willy Caballero Chelsea Jersey , Asian banks, particularly China banking sector, maintaining a relatively good operating performance and operational status. Exception of Japan, the Asian banking industry in 2008 and a profit of 146 billion in 2009 and 1600 billion U.S. dollars, accounting for the global top 1,000 banks in 127% of total profits and 37%. China's banking sector profits grew even faster in 2008 to 580 billion yuan in 2009, was 660 billion yuan, increased by 30% and 15%.
From the stability of the indicators Willian Chelsea Jersey , IMF report shows that the banking sector loan losses in Asia only 1.4%, far lower than the 7.3% level in the United States, Britain 5.9%, 4.1% of the average European bank.
We see the progress of Bank of Asia, should also see challenges.
The first challenge is the risk of financial structure. Banking in Asia, financial assets are still too dependent on bank financing, financial structure, there are irrational phenomenon.
The second challenge is to increase the intensity of the impact of international hot money. The first three quarters of this year Victor Moses Chelsea Jersey , emerging economies, stock market fund net inflow of 47 billion U.S. dollars of capital, the bond market fund net inflow of 56.7 billion of capital, more than 41.9 billion U.S. dollars in 2007 and 2009, $ 46,200,000,000. Wave of the current round of capital Tiemoue Bakayoko Chelsea Jersey , the Asian emerging economies are the main areas of capital inflows. The first three quarters, a total of 11.9 billion flowed into India, China, Philippines, Taiwan, Thailand and Vietnam, these areas of stocks, real estate prices.
The third challenge is the excessive growth of bank risk assets Thibaut Courtois Chelsea Jersey , the future capital of a big shortfall. 2003 to 2009, seven years, China's credit assets increased 19%, India up 18%, up 20% in Indonesia and Vietnam increased by 31%, higher than the 5% -10% in developed countries level.
The fourth challenge is the management of international banking in Asia needs to be improved. See from the implementation of Basel II, and now more than 65% of the Asia-Pacific region's financial institutions are still in the implementation of "Basel II" in the preparation stage, has now issued a "Palestinian III" Ruben Loftus-Cheek Chelsea Jersey , so the management of the international level needs to be improved, especially risk management. The purchasers do not need to have not be experts on lookup engine optimization. And the district authorities pay attention: A lot of their suggestions have been adopted, such as building bike sheds and planting more trees.
The National Bureau of Statistics also said the producer price index (PPI) -- a measure of costs for goods at the factory gate and a leading indicator of the trend for CPI -- fell 2.
You’d have wondered why we hadn’t incorporated it if you’d stumbled throughout it, but at these rates we’d in all probability advocate remaining someplace else if you might be after five-star seashore resort luxurious with all the trimmings.