安融（香港）評級確認國民銀行（中國）有限公司“A”國際評級；展望:稳定
安融（香港）評級確認國民銀行（中國）有限公司“A”國際評級；展望:稳定
17 1 2025
2025年1月17日，中國香港。安融（香港）評級確認國民銀行（中國）有限公司[簡稱“國民銀行（中國）”]的長期主體評級為“A”，展望為“穩定”。
評級結果肯定了作為國民銀行的全資子公司，在母行的發展戰略中具有重要地位，在資金、客戶資源、風險管理、資訊系統及技術和人員培訓等方面獲得母行的大力支持；資本較為充足，為業務開拓創造了良好條件，同時也關注到部分大額貸款風險暴露導致不良貸款明顯上升，且貸款行業和客戶較為集中，本土化經營過程中對中資企業的風險評估和把握有待加強，未來資產品質仍面臨一定下行壓力；成本費用管控和撥備計提壓力較大，盈利能力較弱；營業網點有限，存款基礎和穩定性有待提升，資產負債存在較大期限錯配等風險因素。
關鍵評級觀點
優勢
作為國民銀行的全資子公司，在母行的發展戰略中具有重要地位，在資金、客戶資源、風險管理、資訊系統及技術和人員培訓等方面獲得母行的大力支持；
資本較為充足，為業務開拓創造了良好條件。
關注
部分大額貸款風險暴露導致不良貸款明顯上升，且貸款行業和客戶較為集中，本土化經營過程中對中資企業的風險評估和把握有待加強，未來資產品質仍面臨一定下行壓力；
成本費用管控和撥備計提壓力較大，盈利能力較弱；
營業網點有限，存款基礎和穩定性有待提升，資產負債存在較大期限錯配。
評級展望
預計公司業務持續性較好，且將持續獲得較大力度的外部支持。綜合考慮，安融（香港）評級給予公司的信用評級展望為穩定。
注：
1、上述評級均為主動評級。
2、本文譯自英文版新聞稿。若有分歧，以英文版為准。
專案組組員
林芮礽，分析師
評審委員會主任
胡超
Huchao@arrating.com
媒體聯繫
complaints@arrating.com
評級服務聯繫
林芮礽
相關信用評級委員會召開日期：2025年1月17日
若欲獲取進一步的資訊，敬請訪問www.arrating.com
相關的評級方法和模型
《銀行業信用評級方法和模型》（2024年11月28日）
免責條款
本次評級依據評級對象已經正式對外公佈的資訊，相關資訊的合法性、真實性、完整性、準確性和及時性由評級對象及其資訊發佈方負責。安融(香港)評級按照相關性、及時性、可靠性的原則對評級資訊進行了審慎分析，但對上述資訊的合法性、真實性、完整性、準確性和及時性不作任何保證。評級結果未考慮無法獲取的可能對信用等級有重要影響的非公開資料。
本報告對評級對象信用狀況的任何表述和判斷僅作為相關決策參考之用，並不意味著安融(香港)評級實質性建議任何使用者據本報告採取投資、借貸和交易等行為，也不能作為使用者購買、出售或持有相關金融產品的依據。在任何情況下，安融(香港)評級、安融(香港)評級董事、股東、雇員、代表不對任何投資者（包括機構投資者和個人投資者）使用本報告所表述的安融(香港)評級的分析結果而出現的任何損害、開支、費用或損失承擔任何責任，亦不對被評對象或其發行人使用本報告或將本報告提供給其它方所產生的任何後果承擔任何責任。
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.