Research For The Innovative Way Of Non-performing Assets Disposition Of China Great Wall Asset Management Corporation

Current three period of China's economic overlay, economic recovery is difficult in the short term, banking risks occur frequently, and total non-performing assets and non-performing rate will continue to rise over the next period of time. Since China Great Wall Asset Management Corporation established, it accumulated a lot of experience in the disposal of non-performing assets and made a great contribution in resolving the bank's non-performing assets and supporting the economic adjustment. In the face of continued upward pressure on non-performing assets, the Great Wall Asset Management Co both face challenges and opportunities.In the phase of policy and quasi commercial disposal of non-performing assets, China Great Wall Asset Management Corporation adopt debt recovery, assets reorganization and debt-for-equity swap and other traditional methods to dispose the non-performing assets and it achieves good results. But with the constant changes in the economic environment and regulatory requirements, and with the continuous emergence of market competitors, traditional way of disposing of non-performing assets has been unable to maximize the value of assets, if China Great Wall Asset Management Corporation want to achieve the goal of becoming a financial holding group with international influence, it must firmly adhere to the disposal of non-performing assets as the main business, and actively explore innovative ways to dispose of non-performing assets. China Great Wall Asset Management Corporation can learn the experience of non-performing assets disposal from the American Restructuring Trust Corporation and Cinda Asset Management Corporation and others, based on the basis of the characteristics of non-performing assets in the new period, adopt the method of classification of non-performing assets and innovate the way to deal with the non-performing assets. The core of innovation is the use the means of mergers and acquisitions and other means of investment banks or the use of synergy effect of the company's subsidiary of the Great Wall Asset Management Co to develop a series of operation mode, such as the way of ‘acquisition of non-performing assets + bankruptcy reorganization', "Debt-for-equity swap + cooperative development", "principal recovery + trust beneficial right transaction" and multiplatform and multi-channel cooperation and disposal methods, etc. And these patterns can be repeated under the premise of regulatory requirements so as to enhance the value of the disposal of non-performing assets, then the Great Wall Asset Management Co to get more lucrative returns and more far-reaching social value.