On July 8, the press conference of China Banking Development Report (2016) held by China Banking Association was held in Beijing. The conference officially announced the evaluation results of the "GYROSCOPE" evaluation system of commercial banks' stable development capability in 2016. Xiamen International Bank stood out from 77 participating city commercial banks and won the 10th place in the comprehensive ability of sound development of China's banking industry (city commercial banks).
Xiamen International Bank has developed rapidly in recent years, and this time it ranks among the top ten urban commercial banks in China by the "top" evaluation system. It shows that Xiamen International Bank not only pays attention to the speed of development, but also pays more attention to the quality of development in the sustained and rapid growth, and its steady development ability has ranked among the top in China. By the end of 2015, the asset scale of Xiamen International Bank was 459.2 billion yuan, an increase of 32% compared with the previous year. The annual after-tax profit increased by 48.97% compared with the previous year, maintaining a relatively bright profit growth compared with the single-digit growth of the domestic banking industry's net profit. However, the non-performing loan ratio at the end of the year was only 0.56%, maintaining excellent asset quality in the context of the significant rise in the overall risk of the banking industry.
"Gyro" evaluation system is a stable development ability evaluation index and comprehensive ranking system based on the status quo of China's banking industry first launched by the Association of Banks of China in 2015. It starts with 32 indexes from nine dimensions, including corporate governance ability, sustainable income ability, risk control ability, operation management ability, service ability, competitive ability, system intelligence ability, staff informing ability, capital stock replenishment ability, and makes a comprehensive, reasonable and scientific evaluation of the steady development ability of commercial banks. The initial letters of the above nine evaluation dimensions form the GYROSCOPE, referred to as the "gyroscope" evaluation system.
Compared with last year, the evaluation results of this year's "top" evaluation system are more objective. Most of the data come from the objective data of the annual report, which replaces the subjective evaluation with objective data. In addition, the number of participating institutions has expanded from 61 in 2015 to 127, including all 18 national banks, 77 urban commercial banks and 32 rural commercial banks.
The launch of the "gyroscopic" evaluation system is of great significance. Yang Zaiping, the professional vice president of China Banking Association, said that before the launch of the gyroscopic system, China's banking industry, as the world's second largest economy with such a large volume, did not have its own scientific and authoritative voice and indicator in the industry development evaluation, which cannot be said to be a major defect of China's banking industry. A set of industry evaluation system is a set of "discourse power", but also a set of "beacon", its role in the development of the industry can not be underestimated. The introduction of gyro system makes up for this deficiency.
