Core Viewpoint - The issuance of the Hong Kong dollar "Wonton Bond" by the Export-Import Bank of Korea, assisted by the Bank of China, marks a significant milestone in international capital markets and showcases the strong collaboration between China and South Korea in financial sectors [1][3]. Group 1: Bond Issuance Details - The Export-Import Bank of Korea has successfully issued a 3-year bond worth 2.4 billion Hong Kong dollars, with a pricing of 2.969% [1]. - This bond is rated Aa2 by Moody's, AA by S&P, and AA- by Fitch, indicating a strong credit quality [1]. - The order book peaked at 8.7 billion Hong Kong dollars, achieving a subscription rate of 3.625 times, setting a new record for "Wonton Bond" issuance [1]. Group 2: Strategic Importance - The successful issuance reflects the strong market recognition and attractiveness of the Export-Import Bank of Korea as a leading bond issuer [3]. - The Bank of China plays a crucial role in facilitating international currency financing for its clients, demonstrating its global operational capabilities and cross-border collaboration mechanisms [3]. - The bond issuance is expected to inject new momentum into regional financial cooperation between China and South Korea, enhancing economic and financial ties [3].

中新社北京6月5日电 (记者王恩博)上海合作组织银行联合体理事会第21次会议5日在北京召开。会议同 意白俄罗斯储蓄银行作为成员行正式加入上合组织银联体，并签署《上海合作组织银行联合体成员行关 于上合组织银联体二十周年的联合声明》(下称《联合声明》)。 本次会议由上合组织银联体2024—2025年轮值主席行中国国家开发银行主办。会议期间，各方高度评价 上合组织银联体成立20年来在机制建设、融资合作、人文交流等方面取得的积极成果，并围绕进一步深 化上合组织银联体合作、加强与国际金融机构合作、深化人员培训与经验交流领域合作等议题进行了深 入讨论。 会议签署的《联合声明》总结了上合组织银联体20年发展成果，表达了各成员行在机制建设与发展、产 业升级与实体经济、项目投融资、绿色金融与可持续发展、本币合作、多边金融合作和经验交流等领域 进一步深化合作的共同意愿。 上合组织银联体成立于2005年10月，现有印度基础设施金融公司、哈萨克斯坦开发银行、中国国家开发 银行、吉尔吉斯斯坦Eldik银行、巴基斯坦哈比银行、俄罗斯联邦外经银行国家开发集团公司、塔吉克 斯坦国家储蓄银行、乌兹别克斯坦外经银行、白俄罗斯储蓄银行等9家成员行 ...

记者今天(5日)从国家开发银行了解到，上海合作组织银行联合体理事会第21次会议今天在京召开。本 次会议由上合组织银联体2024—2025年轮值主席行中国国家开发银行主办。上合组织银联体各成员行负 责人在发言中一致认为，上合组织银联体作为区域金融合作的重要平台，应进一步加强各成员行在基础 设施互联互通、科技创新、产业升级、绿色低碳发展、数字经济等领域的合作，持续深化人文交流，增 进互信共识，为共同建设更加美好的上合组织家园提供优质金融服务。(央视新闻) ...

Core Viewpoint - The article emphasizes the significant challenges and opportunities facing the Asian economy, particularly in the context of non-performing loan (NPL) management, amidst a backdrop of global economic adjustments and rising financial risks [1][2]. Summary by Sections Current Economic Context - The Asian economy is under unprecedented pressure due to trade frictions, global supply chain restructuring, and rising debt risks, which may lead to increased non-performing loan rates and exacerbate banking system risks [1]. - The need for enhanced capacity building and regional cooperation is highlighted as essential for improving overall resilience in the face of these challenges [1]. Development of China's NPL Management Industry - In 2024, China's NPL management industry is positioned as a "stabilizer" for financial risk management and an "accelerator" for optimizing existing assets, facing new development opportunities and challenges [2]. - The NPL market in China is characterized by "slight adjustments in total volume, structural differentiation, and breakthrough models," with a continuous increase in NPL supply driven by real estate adjustments and regional debt pressures [2]. Market Performance and Projections - The NPL transfer market in 2024 is projected to exceed 200 billion yuan, marking an 80% increase from 2023, with a total of 573 asset packages transacted, reflecting a 46.9% year-on-year growth [3]. - The scale of personal loan NPL transfers is expected to reach 330 billion yuan by the end of 2025, indicating significant growth potential [3]. Regulatory and Competitive Landscape - The regulatory environment is expected to maintain a "strict regulation + focus on core business" approach, guiding asset management companies back to their main operations while enhancing their roles in financial rescue and counter-cyclical adjustments [4]. - The competitive landscape in the NPL management industry is intensifying, with the ability to manage assets and capital strength becoming critical factors for success [4]. Regional Cooperation and Knowledge Sharing - The International Public Asset Management Company Association (IPAF) aims to promote knowledge sharing and capacity building among member institutions, with a focus on cross-border NPL investment strategies and effective management practices [7][10]. - The importance of collaboration in addressing financial risks and enhancing regional economic ecosystems is emphasized by various stakeholders [7][10]. Recommendations for Healthy NPL Market Development - Establishing an NPL trading platform, encouraging private sector participation, and strengthening creditor rights legislation are recommended to enhance market activity and efficiency [9]. - The need for robust internal warning systems within banks to predict and manage future NPL trends is highlighted as crucial for maintaining financial stability [9].

当前正处于全球经济与金融格局深刻调整的关键时期，贸易摩擦频发、全球产业链重塑、债务风险持续 上升等多重不确定因素交织演化，作为全球重要制造业基地和增长引擎的亚洲经济正面临前所未有的压 力。复杂多变的经济形势，可能进一步推高不良贷款率，加剧银行体系风险。鉴于亚洲各国金融发展水 平不一，深化能力建设与区域合作是提升整体韧性的必由之路，也是摆在不良资产管理行业面前的紧迫 课题。 5月13日至14日，由亚洲开发银行（ADB）、浙江省国际贸易集团有限公司（ZIB）和浙江省浙商资产 管理股份有限公司（ZSAMC）联合主办的第九届国际公共资产管理公司协会（IPAF）培训研讨会在杭 州举办。此次研讨会汇聚来自亚洲开发银行、亚洲部分地区央行和财政部、IPAF成员单位、国内外金 融机构等超三十家机构，覆盖亚洲十余个国家和地区的百余名嘉宾，共探不良资产管理的解决方案与未 来趋势，进一步推动区域合作，助力区域金融稳定，构筑更为牢固的经济安全网。 "如果想进入亚洲NPL（不良贷款）市场，可以从中国开始，因为其市场规模庞大，且已经构建了良好 的市场和监管框架。"会上，Kota资本管理合伙人Chinang Kong认为，就目前来看，中国N ...