金融监管总局就商业银行并购贷款管理办法公开征求意见

Core Viewpoint - The National Financial Regulatory Administration has revised the "Guidelines for Risk Management of Mergers and Acquisitions Loans by Commercial Banks" to promote the optimization of M&A loan services, supporting the construction of a modern industrial system and the development of new productive forces [1][2]. Group 1 - The revised "Measures for the Management of Mergers and Acquisitions Loans" consists of 33 articles, focusing on expanding the applicable scope of M&A loans to include certain equity acquisitions under specific conditions [2]. - The new regulations set differentiated qualification requirements for commercial banks engaging in control-type and equity acquisition loans, based on regulatory ratings and key prudential indicators [2]. - The loan conditions have been optimized, increasing the upper limit of M&A loans as a percentage of the transaction price and extending the maximum loan term to better meet reasonable financing needs [2]. Group 2 - The assessment of debt repayment capacity has been emphasized, requiring banks to evaluate the acquirer's ability to repay debts while considering the risks associated with the M&A transaction [2]. - The regulatory body will carefully consider feedback from various parties to further refine the measures before implementation, aiming to promote the healthy development of M&A loan business and enhance economic growth momentum [2].