Hundreds of billions in non-performing assets transferred in bulk, commercial banks intensively "lighten the burden" by the end of the year

As we enter the fourth quarter, commercial banks are intensively initiating the disposal of non-performing assets. Various banking institutions, including CBHB, Guangzhou Rural Commercial Bank, the Anhui Branch of China Construction Bank, Ping An Bank, Jiangsu Jingjiang Rural Commercial Bank, and Lanzhou Rural Commercial Bank, have issued announcements regarding the transfer of non-performing loans, with the loan funds concentrated in categories such as personal housing loans, personal consumption loans, and operational loans, amounting to billions of yuan. In response, industry experts indicate that for a period of time, the bulk transfer of non-performing loans will be steadily advanced as a routine measure within a public and transparent market-based bidding mechanism. In the future, it is necessary to improve the market-oriented pricing mechanism, promote the diversification of disposal channels, and strengthen technological empowerment