转让费率优惠延续！试点第六年，银行不良贷款求解精准“拆弹”

Group 1 - The core viewpoint of the article highlights the favorable policies for the non-performing loan (NPL) transfer market, including the continuation of fee waivers and discounts on transaction fees, which are expected to enhance market activity and assist banks in managing their NPLs effectively [1][3][4] - The announcement from the China Banking and Insurance Regulatory Commission (CBIRC) extends the NPL transfer pilot program until December 31, 2026, indicating a commitment to maintaining market vitality and reducing costs for financial institutions [3][8] - Analysts suggest that while the fee reductions will lower the direct costs for banks, the actual motivation for banks to transfer NPLs will depend on the buyers' capacity and valuation levels [4][9] Group 2 - The NPL transfer market has evolved significantly since the pilot program began in January 2021, transitioning from a limited participant base to a more mature and active market, with substantial increases in transaction volumes and values [6][7] - In 2023, the NPL transfer market saw a significant rise, with 710 listings and a total outstanding principal and interest of 1,529.84 billion yuan, marking a year-on-year increase of 234.97% [7] - The market is expected to gradually recover in activity as banks adjust their internal processes and as the supply of transferable assets increases, despite a temporary slowdown at the beginning of the year [5][6] Group 3 - The introduction of new internal control and audit requirements signifies a shift towards more regulated and risk-averse development in the NPL transfer market, aiming to prevent moral hazards and ensure compliance [9][10] - Banks are encouraged to enhance their asset screening and valuation capabilities, utilize market mechanisms for pricing, and collaborate with asset management companies to improve the efficiency of NPL disposals [10][11] - The article emphasizes the need for banks to adopt a proactive approach to NPL management, integrating regular NPL transfers into their risk management strategies rather than relying on year-end sell-offs [10][11]