第九届IPAF培训研讨会在杭举办，共谋不良资产处置新路径

Group 1: Economic Context and Challenges - The global economy is undergoing significant adjustments, with trade frictions, restructuring of global supply chains, and rising debt risks creating multiple uncertainties, particularly impacting the Asian economy as a key manufacturing base and growth engine [1] - The complex economic situation may lead to an increase in non-performing loan (NPL) rates, exacerbating risks within the banking system [1] - The need for enhanced capacity building and regional cooperation is emphasized as a crucial path to improve overall resilience in the face of these challenges [1] Group 2: Development of China's NPL Market - In 2024, China is expected to continue focusing on high-quality development and supply-side structural reforms, effectively preventing and mitigating major financial risks [2] - The NPL management industry in China is characterized by "total adjustment, structural differentiation, and model breakthroughs," with an increase in NPL supply due to the real estate sector's adjustment and regional debt pressures [2] - The five major financial asset management companies are streamlining operations and returning to core business, while local asset management companies are enhancing their professional capabilities, leading to a more differentiated and refined market competition [2] Group 3: NPL Transfer Market Performance - The NPL transfer market in 2024 is projected to perform strongly, with total transfer amounts exceeding 200 billion yuan, representing an 80% increase from 2023 [3] - A total of 573 asset packages were transacted, achieving a 46.9% year-on-year increase, with the business scale reaching 158.35 billion yuan, a 64.0% year-on-year growth [3] - The consumer loan proportion in NPL transfers has risen from 65% in Q3 2023 to 86%, surpassing commercial loans [3] Group 4: Regulatory Environment and Industry Trends - The 2024 China NPL industry report anticipates continued regulatory policies focusing on "strict regulation + core business," guiding asset management companies to return to their main operations [4] - The competitive landscape in the NPL management industry is expected to remain dominated by the five major asset management companies, with local AMCs, private asset management firms, and other non-licensed institutions coexisting [4] - The competition is intensifying, with the ability to manage assets and capital strength becoming key factors for success, surpassing the value of licenses [4] Group 5: Regional Cooperation and Knowledge Sharing - The Asian Development Bank (ADB) emphasizes the importance of enhancing financial regulatory frameworks, improving institutional governance, and strengthening regional cooperation to address ongoing financial risks [5] - The IPAF aims to promote knowledge sharing and capacity building among member institutions, expanding its cooperative network to facilitate cross-regional experience exchange [6] - The conference highlighted the shared challenges of NPL management among IPAF member countries, discussing practical strategies for cross-border NPL investment and effective management [6] Group 6: Recommendations for NPL Market Development - Establishing an NPL trading platform is recommended to facilitate transactions and attract large investors, alongside encouraging private sector participation to invigorate the market [8] - Strengthening creditor rights legislation and reducing external interference are suggested to support private sector solutions while enhancing non-bank loan enforcement [8] - Building an internal early warning system within banks is crucial for predicting future NPL trends, ensuring appropriate data is available for effective risk management [8]