Guan Cha Zhe Wang·2025-11-17 06:07Core Points - China Minsheng Bank is accelerating risk clearance through large-scale asset transfers due to a high credit card non-performing loan (NPL) rate of 3.68% and a non-performing loan balance of 16.5 billion yuan [1][2] - The bank plans to transfer a total of 5.142 billion yuan in personal credit card NPL assets, involving 147,800 borrowers with an average overdue period of approximately 1856.28 days [1] - The bank's credit card loan balance as of June 30, 2025, was 449.902 billion yuan, accounting for 10.07% of total loans, with a year-on-year decrease of 27.345 billion yuan [2] Asset Transfer Details - The asset package for transfer includes 24.47 billion yuan in unpaid principal and approximately 26.95 billion yuan in unpaid interest and related fees, totaling 51.42 billion yuan [1] - All loans in this asset package are classified as "loss" under the five-level classification system and are all credit loans [1] - The transfer will take place on November 28 via a multi-round bidding process on the banking credit asset registration and circulation center platform, with no deposit required for participation [1] Management Changes - The bank's senior management team has undergone changes, with the resignation of Deputy President Shi Jie due to retirement and the appointment of Li Wenshi as the new Deputy President [2] - Li Wenshi has a background in various roles within the bank since 2004, including positions in the Beijing branch and asset protection department [2] Industry Trends - The trend of transferring credit card NPLs has increased significantly since 2025, with nearly a thousand transfer announcements made by various financial institutions, including state-owned and joint-stock commercial banks [2] - Following the expiration of the two-year transition period for the "credit card new regulations," commercial banks are shifting focus from merely increasing card issuance to refined operations for existing customers [2]