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CMBC Introduction
CMBC Introduction
Year ended Total assets Gross loans Net profit Deposits Dec. 31 2010 (RMB bil)
1823.74 1057.57 17.69 1416.94
Founded in 1996 Only Private bank in China 509 branches in China Listed in HK and Shanghai Universal licensed banks 8th largest bank in China
No. of employees ROAA ROAE Impaired loan ratio Loan loss reserve coverage Total capital adequacy ratio Core capital adequacy ratio
30931
1.09% 18.29% 0.69% 207.45% 10.44% 8.07%
CMBC Introduction
Green-credit bank
EIA for every relevant loan Strict compliance with regulatory requirementwithdraw VS support Sound relationship with international orgs and local regulators (MOF, NDRC) Total financing in EE related up to RMB30 B
Chinese government Follow government policy On-lending of the WB Energy Efficiency Financing Project Good track record of CMBC Long-term relationship with related parties
WB
Tools - loan -CDM -Entry Framework -TA
$ 100 MM WB loan
CMBC
TA $500 MM
$20 MM
$?
TA
IFC
IFC Risk Participation
Private funds
Equity
EE Project 1
EE Project 2
EE Project 3
EE Project 4
EE Project 5
WB
Tools - Loan -TA
CMBC
$500MM
EE Project 1
EE Project 2
EE Project 3
EE Project 4
EE Project 5
Scaling up to $1 billion
EE Project Introduction
Content of the project
$100 MM WB loan + 500MM Parallel Funding from CMBC +$0.8 MM GEF Grant for capacity building End-user itself must provide 40% of financing CMBC bears the ultimate risk Loan rate is determined by CMBC CMBC provides treasure bond as collateral to MOF
Eligibility of EE Sub-project
Types of Sub-project Company An industrial enterprise or an energy service company (ESCO) Sub-project Eligibility: (i) replacement of inefficient industrial technologies with energy saving technologies; (ii) recovery and utilization of by-product gas, waste heat and pressure; (iii) installation of highly efficient mechanical and electrical equipments; (iv) industrial system optimization to reduce energy use (v) other EE projects, including new energy (for CMBC parallel financing)
WB Standard to meet
Policy Framework for Compensation, Resettlement, and Rehabilitation of Displaced Persons Environmental Impact Assessment Framework Anti-Corruption Guidelines Procurement Guidelines Finance and Accounting Local environmental regulation and others Exploring Equator Principles Project and financial reports..
Up to date progress
Industry Project Name Investment Energy Saving and Emissions Reduction
Energy
Garbage furnace burning CMBC LOANS: CNY33 mil system renovation Self-financing: CNY30 mil project LOANS: USD3 mil
Self-
Coal saving: 24526 ton/yearCO2 reduction:61300 ton/year;SO2 reduction: 404 ton/year;Dust reduction: 6131.5 ton/year
Manufacturing
Up to date progress
Steel Utilization and transformation of GOR furnace afterheat to generate electricity CMBC LOANS:CNY100 mil Selffinancing:CNY61.8 mil WB LOANS:USD 15 mil Coal saving:34314.84 ton/year CO2 reduction: 96000 ton/year SO2 reduction: 270 ton/year
environmental removing and CMBC LOANS:CNY 4000 mil Selfreconstrucing project financing: CNY1525.18 mil
Manufacturing
Environmental energy saving and regenerating asphaltum commix system renovation project
Self-
Manufacturing
Self-
Self-
Up to date progress
Founding Utilize the furnace coal gas to generate electricity Self-financing:CNY 40 mil LOANS:USD 13.6 mil WB CO2 reduction:9331 ton;SO2 reduction:0.5234 ton; Coal saving:55100 ton Electricity saving:1.6210^8 KWh
Self-financing:CNY120.55 mil CO2 reduction:226300 ton;SO2 reduction:34.69 ton WB LOANS:USD 20 mil saving:86400 ton
Coal
Light industry
Electricity saving:1.47mil KWh Coal saving:19715 ton;SO2 reduction:557.5 ton;CO2 reduction:55000 ton
Chemical
New energy
CMBC LOANS:CNY 247.63 mil Coal saving: 320000 ton CO2 reduction: 930000 Self-financing:CNY 106.15 mil ton;Electricity saving:9.3710^8 KWh
EE awareness is picking up gradually in China EE still a major target of 12th five-year plan of China More SME and Esco in play Tightening monetary policy continues in Q3
Wish list from commercial banks perspective More favorable treatment in term of risk asset weighting and NPL tolerance/coverage ratio Feasible policy/machanism towards SMEs and Esco financing in China(government step in, international org,etc) National EE education and awareness And more.
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