【精编原版】银行不良资产管理处置方法及案例.ppt

Thank you [Merrill/SSB representative抯 name]. Good morning/afternoon, ladies and gentlemen, my name is Chen Yuan, Governor of CDB. On behalf of CDB, thank you for taking time to attend our presentation. I will take you through today抯 presentation in this order Summary of CDB Key Credit Highlights Recent Developments Conclusion China Development Bank, formerly known as the State Development Bank, was established in 1994 as a statutory institution pursuant to a special State Council decree. We are 100% government owned and operate under the direct supervision of the State Council CDB is the largest development institution in China and the only bank of ministerial status except the People抯 Bank China Development Bank, formerly known as the State Development Bank, was established in 1994 as a statutory institution pursuant to a special State Council decree. We are 100% government owned and operate under the direct supervision of the State Council CDB is the largest development institution in China and the only bank of ministerial status except the People抯 Bank 51 51 51 52 38 27 7 7 51 51 51 52 38 27 52 52 52 53 39 28 53 53 53 54 40 29 54 54 54 55 41 30 55 55 55 56 42 31 A 改善财务指标：（1）可降低负债率，提高资金周转率，腾出更多的融资空间；（2）可将未来的现金流量提前套现，改善现期的财务指标。（3）可将资产和相应的负债从资产负债表中隐去。（4）控制信用风险。（5）减少坏帐准备金。（6）消除市场利率风险。 B 降低融资成本：（1）分拆的资产质量优于公司本身的资信评级，从而降低融资成本。（2）资产证券化具有规模效应，次数多，金额大， 成本就低。 C 拓宽融资渠道：（1）扩大市场占有率，使企业有更广泛的投资者群体。（2）提高市场知名度，企业能通过资产证券化，证明其资产具 有流动性。（3）增进与投资者的沟通，增强投资者信心和评级机构对企业 资信的了解。 D 改善资产负债管理：（1）使长期资产与负债吻合。可轻而易举地将融资与投资的期 限进行合理匹配，减少了不断的调整。（2）融资方式灵活，使资产负债的利率吻合。可视实际的资产 负债情况，选择风险浮息或定息债券。 E 其它因素：（1）保险机制。证券化后的风险由投资者承担。 撤退战略。证券化可使银行或其它发行体撤出某一行业。 收购兼并。收购前融资，收购后再将非战略性资产证 券化。 61 61 61 62 48 37 62 62 62 63 49 38 63 63 63 64 50 39 53 53 54 54 55 55 56 56 57 57 58 58 61 61 62 62 63 63 64 64 3 3 State Council is yellow for emphasis 4 4 * 谈判过程与技巧 谈判的底牌 谈判中对方案的改进 时间 * 谈判的结果 与当地政府及有关当事人建立比较良好和密切的关系 获得政府有关部门的专项批准文件或当地政府关于重组方案的批准文件 各债权人关于方案内容的一致意见和协议 目标企业董事会和职代会的决议 其他专项协议：水电气费、商标、社会职能剥离 * 签