个贷不良转让试点再获一年延期，银登中心同步推出优惠措施

Core Viewpoint - The pilot program for the transfer of personal non-performing loans (NPLs) has been extended for another year until December 31, 2026, following approval from regulatory authorities, which is seen as a positive development for the industry [1][4][6]. Group 1: Policy and Regulatory Updates - The pilot program for personal NPL transfers was initially launched in January 2021 and has undergone multiple extensions, with the latest extension being the second since its inception [5]. - The banking credit asset registration and circulation center (YinDeng Center) announced that it will continue to waive listing service fees and offer a 20% discount on transaction service fees starting January 1, 2026 [1][3]. Group 2: Market Dynamics - The market for personal NPL transfers has shown increasing activity, with the YinDeng Center becoming a key platform for the disposal of non-performing assets [3][7]. - In 2024, the transaction volume for personal NPL batch transfers reached 158.35 billion, accounting for 70.1% of the overall market share, significantly surpassing the combined volume of single corporate and batch corporate NPL transfers [7]. Group 3: Institutional Participation - The participant base in the personal NPL transfer market is diversifying, with commercial banks and consumer finance institutions being the primary players, and trust companies entering the market for the first time in 2024 [8]. - As of the end of 2024, 337 institutions had opened 1,004 business accounts at the YinDeng Center, indicating a broadening of the business coverage [7]. Group 4: Platform Development - The YinDeng Center is enhancing its platform functionality and transparency, including the launch of the "YinDeng Tong" mobile application for public information services [9]. - The extension of the pilot program is expected to provide financial institutions with a longer window for disposing of non-performing assets, promoting a more compliant, transparent, and efficient NPL transfer market [9].