Notice of the China Banking Regulatory Commission on Issuing the "Guidelines for the Management of Merger and Acquisition Loan Risks of Commercial Banks"

Yinjianfa [2015] No. 5

All banking regulatory bureaus, Policy banks, state-owned commercial banks, joint-stock commercial banks, Postal Savings Bank, and financial companies of enterprise groups directly supervised by the China Banking Regulatory Commission:

The revised "Commercial Bank M&A Loan Risk Management Guidelines" are now issued to you. The relevant matters are notified as follows:

1. Banking financial institutions must actively support the optimization of industrial structure and actively and steadily carry out mergers and acquisitions loans in accordance with the principles of legal compliance, prudent operation, risk controllability, and commercial sustainability. business, and improve the level of financial services for corporate mergers and reorganizations.

2. Banking financial institutions should continue to optimize the direction of M&A loans, vigorously promote the resolution of overcapacity, assist technological upgrading, actively promote domestic enterprises with competitive advantages to "go global", and help enterprises improve their transnational operating capabilities. and industrial competitiveness to achieve complementary advantages, mutual benefit and win-win results.

3. Banking financial institutions must continue to strengthen the construction of M&A loan risk prevention and control systems, constantly improve M&A loan risk management, and conduct a good job in M&A loan risk assessment based on a comprehensive analysis of various risks in M&A transactions. , prudently determine the conditions for M&A loans, strengthen post-loan management, and effectively ensure the safety of M&A loans.

China Banking Regulatory Commission

February 10, 2015

(This document is sent to the China Banking Regulatory Commission and relevant local legal person banking financial institutions and foreign bank branches)