Great Wall Asset Management Company and digital currency
Four major asset management companies:
1. China Great Wall Asset Management Company, receiving the non-performing assets of Agricultural Bank of China
2. China Xinda Asset Management Company received the non-performing assets of China Construction Bank and China Development Bank
3. China Huarong Asset Management Company received the non-performing assets of instrial and Commercial Bank of China
4. China Eastern asset management company, receiving the non-performing assets of Bank of Chinathe four asset management companies are financial asset management companies specialized in dealing with the non-performing assets of financial institutions, holding the license of financial institutions issued by the Banking Regulatory Commission. It can purchase non-performing loans of state-owned banks, manage and dispose assets formed by purchasing non-performing loans. The main business objective of financial asset management companies is to preserve assets and rece losses to the maximum extent. In the management and disposal of assets, it may engage in debt recovery, asset leasing or other forms of transfer, restructuring and other activities. A financial asset management company shall manage and dispose of its assets in accordance with the principles of openness, competition and selection of the best. When transferring its assets, it shall mainly adopt the methods of bidding, auction and bidding
There are four asset management companies in China, namely China Huarong Asset Management Company, China Great Wall Asset Management Company, China Oriental Asset Management Company and China Xinda Asset Management Company, which receive the non-performing assets separated from instrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank respectively
China Cinda Asset Management Company was established in April 1999, and the other three were established in October 1999. Since 2007, the four major financial asset management companies have been operating in a commercial way and are no longer limited to acquiring the non-performing assets of the above banks
China Huarong Asset Management Co., Ltd. was established in Beijing on the morning of October 12, 2012, with Lai Xiaomin as the chairman, Ke Kasheng as the president and Sui Yunsheng as the chief supervisor. China Huarong Asset Management Co., Ltd. is a non bank financial institution approved by the State Council and initiated by the Ministry of Finance and China Life Insurance Group (company)
China Great Wall Asset Management Co., Ltd. (hereinafter referred to as "China Great Wall Asset") was established on December 11, 2016 with a registered capital of 43.15 billion yuan, which was jointly established by the Ministry of finance of the people's Republic of China, the National Council of social security funds and China Life Insurance (Group) Corporation
the predecessor of China Eastern is China Eastern Asset Management Co., Ltd., which was established in October 1999. It is a large state-owned non bank financial institution approved by the State Council and jointly established by the Ministry of Finance and the National Council of social security fund. Since its establishment in 1999, Dongfang company has mainly engaged in the acquisition, management and disposal of non-performing assets and the custody of risk financial institutions, and has been actively committed to commercial transformation in recent years
China Cinda Asset Management Co., Ltd., established with the approval of the State Council, is a wholly state-owned financial enterprise with independent legal personality. The business scope of China Cinda Asset Management Company includes: acquisition and operation of domestic and foreign currency non-performing assets divested by financial institutions; Recovery of debts in domestic and foreign currencies; Lease, transfer or restructure the assets formed by the non-performing loans in local and foreign currencies
If you have to add a prefix to Yunnan, it should be "soft", because the soft time here is filled with the leisurely and comfortable feeling of "it's none of your business, you don't care", attracting countless tired urban tourists to stop here< if you miss such scenic spots as Shangri La, Yuanyang terraces, Lugu Lake and Erhai Lake, it's really a pity to come to Yunnan in vain
III. when you see Lugu Lake for the first time, you will surely be overwhelmed by its quiet and mysterious beauty surrounded by mountains, Mosuo people still practice the custom of walking marriage. Here four seasons like spring, flowers open all year round, no matter which angle reveals the poetic beauty. If you are tired, you might as well come here and enjoy the beauty of the lake
Fourth, Erhai Lake is the second largest lake in Yunnan Province after Dianchi LakeIt is directly under the Ministry of finance, at the level of vice ministry
Great Wall stressed that the promotion included non-performing assets and financial service procts First financial daily learned that "financial service procts" refer to the follow-up professional services provided by Great Wall company, such as financial consultant, principal-agent, trust and asset securitization, according to the needs of investors“ Investors can choose not to buy out non-performing assets, but to cooperate with us in the trust and asset securitization projects of non-performing assets. "
trust and asset securitization projects are the most popular disposal methods of non-performing assets for asset management companies. Market participants believe that, on the one hand, asset management companies are exploring market-oriented means of disposing non-performing assets to improve the recovery rate; On the other hand, it is also because the suspicious non-performing assets stripped twice are relatively good in asset quality and guarantee mortgage.
as one of the four major financial asset management companies in China, the main task of Great Wall company at the beginning of its establishment was to acquire, manage and dispose of the non-performing assets stripped off by state-owned banks. Since its establishment, it has successively acquired, managed and disposed of more than 700 billion yuan of non-performing assets stripped off by Agricultural Bank of China, instrial and Commercial Bank of China, Bank of China and other commercial banks, and successfully completed the historical mission of "resolving financial risks, supporting the reform of state-owned banks and state-owned enterprises, preserving assets to the maximum extent and recing losses" entrusted by the state. In recent years, according to the requirements of national policies, Great Wall company has accelerated its transformation to commercialization. With the new mission of "resolving financial risks, improving asset value and serving economic development", Great Wall company is committed to building "a modern financial service enterprise with asset operation and management as the core, focusing on serving small and medium-sized enterprises and various comprehensive financial services as the means"
focusing on the core business of asset management, it has expanded from the traditional "acquisition and disposal of non-performing loans of banks" to the comprehensive development and operation of non-performing assets owned by various financial enterprises and related entity enterprises, such as state-owned and state holding commercial banks, policy banks, trust and investment companies, financial companies, urban credit cooperatives, rural credit cooperatives, etc. In 2011, at the China International Finance exhibition, "non performing asset management and disposal information solution" was awarded "excellent financial service solution Award"
focusing on serving small and medium-sized enterprises, with the help of professional asset management technology, diversified financial service platform and a variety of comprehensive financial service means, we have built a comprehensive financial service system supported by five major businesses, namely "financing credit enhancement, financing guarantee, financing lease, financing consultation and equity financing". In 2012, he was specially appointed as vice president unit of China small and Medium Enterprises Association
focusing on a variety of comprehensive financial service means, it has initially formed a comprehensive business system with four categories of business as the main body, including "asset operation and management, phased investment and financing, characteristic financial services and professional platform business", involving 16 sub categories and 90 procts, and a sustainable profit model based on the "three carriages" of offices, subsidiaries and headquarters. In 2011, it was rated as "the best comprehensive financial service provider" at Beijing International Financial Expo
the Great Wall company has always adhered to the principle of operating in accordance with the law. It is the only company in the same instry that has been rated as the "national advanced unit of internal audit" by the National Audit Office for three consecutive years, as the "advanced unit of financial enterprise final accounts" by the Ministry of Finance for four consecutive years, and has been awarded the highest AAA credit rating by four domestic authoritative credit evaluation institutions. The company has established a high standard ISO9001 quality risk management system, instry-leading ISO27001 information security management system, ISO20000 information technology service system and group information operation management system with "cloud computing" technology as the core
the Great Wall company adheres to the core value concept of "people-oriented, benefit first, honesty first, and dedication to society" and the enterprise spirit of "unity, struggle, realism, and innovation". On this basis, it has formed the management concept, management concept, innovation concept, risk concept, talent concept and team concept with great wall characteristics, Together, they constitute the corporate culture system that supports the sustainable and healthy development of Great Wall company, and become the inexhaustible spiritual driving force for all the people in Changcheng to forge a "century old financial store" with the spirit of "financial access to the world and wisdom to the Great Wall".