本轮债转股对商业银行的影响及对策

Effect of Debt-for-equity Swap on Commercial Banks and Countermeasures

在供给侧结构性改革、去"三高"背景下,通过市场化债转股是商业银行化解不良贷款的新途径。本轮债转股与上世纪90年代相比存在诸多不同,对商业银行来说是机遇,也是挑战,商业银行需识别债转股的积极与消极影响,紧密跟踪本轮债转股政策法律动态,强化自身能力建设,突出一企一策、一事一议,谨慎推进。

Under the background of supply side structural reform and shutdown of enterprises of high pollution, high energy consumption and high emissions, debt swap for equity in the market becomes a new way for commercial banks to dispose of non-performing loans. This debt swap for equity is greatly differentfrom that of the 1990s, presenting opportunities as well as challenges for commercial banks. Those banks need to identify positive and negative influences of the swap, closely following the current trends of policy and legislation concerning debt-for-equity swap, and improving its own capacity. They should implement the reform with great caution adjusting policy according to the actual situation of each enterprise, and making individual case analysis.