摘要
作为缓释债务问题对企业和金融行业不良冲击的有效途径,新一轮债转股工作于2016年10月正式拉开序幕。此次市场化债转股与上世纪90年代政府主导的债转股在背景、操作模式、资金的筹集等方面都存在差异。此次市场化债转股的特点主要是在转股对象上强调"银行潜在不良资产",在资金筹集方面利用市场化手段自行筹集等。商业银行面对本轮债转股过程中的机遇与挑战,应秉承审慎经营理念,坚守风险底线;充实股权管理和风险防控专业队伍,创新债转股方案,提高债转股收益。
As an effective way to mitigate the adverse impact of debt issues on enterprises and financial industry,a new round of debt-for-equity has kicked off from October 2016. The market- oriented debt-for-equity is different from that carried out primarily by government in 1990s5 in terms of background, operating fund raising. This market-oriented debt-for-equity is characterized by the focus on potential non-performing asset in banks and the market-oriented fund raising. Based on the above research, the paper also analyzed opportunist and challenges faced by commercial banks in this debt-for-equity and issues should be highlighted.
作者
马岚
Ma Lan(Postdoctoral Workstation of Bank of Beijing, Beijing 100033, China)
出处
《金融理论探索》
2017年第2期32-38,共7页
Exploration of Financial Theory
关键词
债转股
杠杆率
不良贷款
商业银行
debt-for-equity
leverage
bad loans
commercial banks
