上级动态 | 国家金融监督管理总局发布《商业银行并购贷款管理办法》

Core Viewpoint - The Financial Regulatory Bureau has revised the "Guidelines for Risk Management of Mergers and Acquisitions Loans by Commercial Banks" to form the "Management Measures for Mergers and Acquisitions Loans by Commercial Banks," aiming to optimize M&A loan services and support the development of a modern industrial system and new productivity [1][2]. Summary by Sections Expansion of M&A Loan Scope - The revised measures broaden the applicability of M&A loans to include not only controlling mergers but also certain conditions for minority stake acquisitions [1][2]. Differentiated Business Qualification Requirements - The new regulations set differentiated asset scale requirements for commercial banks engaging in controlling and minority stake M&A loans, contingent on good regulatory ratings and compliance with key prudential indicators [1][2]. Optimization of Loan Conditions - The measures increase the upper limit of M&A loans as a percentage of the transaction price and extend the maximum loan term to better meet reasonable financing needs of enterprises [1][2]. Emphasis on Debt Repayment Capacity Assessment - Banks are required to assess the debt repayment capacity of the acquirer while considering the risks associated with the M&A transaction, focusing on the future development prospects, synergy effects, and operational efficiency of the acquired entity [1][2]. Implementation Guidance - The Financial Regulatory Bureau will guide commercial banks in implementing the new measures to promote healthy development of M&A loan business, aiding in industrial transformation and enhancing economic growth momentum [1][2].