1、 毕业论文外文资料翻译 题 目 个人住房贷款中不良信贷风险管理研究 学 院 经济学院 专 业 金融学 班 级 金融 0801 学 生 学 号 指导教师 二一二 年 四 月 二十 日 - 1 - Applied Economics, the Dryden Press, 2006 P75-78. Non-performing Loans Management and Recovery William J. Bauman and Alan S. Blinder Abstract With the deepening of Chinas economic system reform developme
2、nt and continuous improvement of the system of the market economy, banks lending business becomes completely open to individuals, personal loans of business growing, continues to expand the scope of business, especially the development of individual housing loan more quickly. Personal housing loan b
3、usiness in China at the time of its development, there are bad credit risks as well as the competitive situation is not optimistic, to a certain extent, hamper the development of individual housing loans, to sustainable development, research management must be strengthened on a number of issues. Thi
4、s article from the current development status of individual housing loan business to start, pointed out that because of the existing problems as well as problems and focus on how to develop personal housing loan bad credit risk reduction, foreign experiences and lessons learned, and thoughts and cou
5、ntermeasures for management, to promote the healthy and rapid development of the business. Key words: Housing loans to individuals； Bad credit risks； present situation； problem； Countermeasure 1. Introduction Under the five-category loan classification, substandard, doubtful and loss loans are defin
6、ed as non-performing loans. Because the reasons behind non-performing loans formation are different, credit associates must take effective measures to manage, recover and dispose of these parts of asset according to their different characteristics. The bank should first find out the responsibilities
7、 of the guarantor and dispose of the security in time. Only when they confirm that the guarantor has lost the guarantee abilities and the security is not sufficient to pay off the loan, can they begin to dispose of the non-performing loans. - 2 - 2. Reasons There are many reasons why banks have poor
8、ly performing loan portfolios. Irrespective of these causes, banks have an obligation to shareholders, depositors and creditors to maximize cash flow from assets, the most troublesome aspect of which has been the poor record of banks in recovering loans. It is this factor that has contributed the mo
9、st to bank insolvency, and liquidity constraints. There are several complementary options available to banks to restructure problem loans and portfolios, including: Exercise of collateral (liens against property, inventories) through judicial or extra-judicial means. Out-of-court settlement that may
10、 focus exclusively on debt negotiation, restructuring and repayment, or lead to the financial, physical and operational restructuring of the enterprise. Bankruptcy/liquidation procedures through formal court proceedings. This may involve liquidation, reorganization or privatization of an enterprise
11、to enforce partial or total loan repayment. (Besides the bank itself, sometimes government also leads a restructuring program to help the bank to solve the problem of NPL in order to stabilize the banking industry or the whole economy, for example, Asset Management Company (AMC), a special purpose c
12、ompany, buys or exchanges NPL from bank and disposes of them). 3. Work-Out Unit With aggregate loan portfolios universally troubled by delinquencies and defaults, some banks have opted to develop work-out units to improve loan portfolio quality. When work-out units are established, they are usually
13、set up to deal with most of a banks problem loans, effectively sectioning off non-performing loans from the broader bank portfolio of performing loans. The benefits expected from work-out units include； Concentrated focus on the recovery of problem loans； More developed banking expertise and credit
14、risk evaluation skills； Improved internal bank system (early warning systems, collateral requirements, credit information needs). Work-out units can make a significant difference in restructuring loan portfolios, particularly when supported by effective technical assistance. 4. Loan Restructuring and Loan Rollover Case-by-case loan restructuring is common in market-oriented economies, particularly
