At the end of the year, banks intensively list and transfer non-performing loans. China Minsheng Bank's credit card center transferred a single loan exceeding 5 billion yuan.
As the end of the year approaches, many commercial banks have been intensively listing and transferring non-performing loans. According to data from the Credit Asset Registration and Circulation Center of the banking industry, more than 200 announcements of non-performing loan transfers have been made since November, with many of the projects being retail non-performing assets such as credit cards, consumer loans, and business loans. Among them, China Minsheng Bank's credit card center transferred a non-performing loan of over 5 billion yuan.
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