For the story of this incident, please refer to last month's article "How Banks Lose 20 Billion in Saiwei by Floating Losses" (click "Read the Original" at the end of the article).
Previously, 12 banks * * * held a total of 2765438+ billion of creditor's rights of Saiwei Group bankruptcy reorganization company. Judging from the amount involved, CDB accounts for 7.256 billion creditor's rights, while CCB, Agricultural Bank of China, China Merchants Bank and Minsheng Bank all hold more than 3 billion creditor's rights, which are 4.729 billion, 3.498 billion, 3.624 billion and 3.2 32. 16 billion respectively. The amount of creditor's rights held by China Bank is 18.38+0 billion.
According to the overall repayment rate analysis table provided by the creditor bank, the repayment rate is still 14.75%.
According to the strong ruling of the Intermediate People's Court of Xinyu City, Jiangxi Province, the repayment rate is over 50%, which is 6.62%.
According to this settlement ratio, the losses of creditor banks will reach about 25 billion.
According to the relevant provisions of the Enterprise Bankruptcy Law, the reorganization plan approved by the court is binding on the debtor and all creditors.
What do you think of this matter? 12 the headquarters of a big bank in the creditor bank gave such an evaluation:
"At that time, the local government proposed that saving Saiwei was to save the bank", but the bank that gave Saiwei blood transfusion all the way became a big head.
Now, under the strong opposition of 12 debt banks, Jiangxi Xinyu Intermediate People's Court has adopted the restructuring plans of the three companies under Saiwei by compulsory ruling, and the repayment rate of 6.62% has almost wiped out the bank's 276,543.8 billion loans. Setting such a precedent is likely to open Pandora's box for enterprises to maliciously evade debts through "legal" means.
Saiwei's restructuring plan has previously caused strong controversy among all parties, and its liquidation rate is much lower than Wuxi Suntech's 3 1.55% and *ST Chaori's 20%. Some people questioned that the reorganization was actually liquidation, so both votes were strongly opposed by banks.
But in the end, drastic measures made the bank almost powerless: the court ruling is the last procedure of the company's bankruptcy reorganization, and it is impossible to start a new ruling procedure if the creditors are only dissatisfied with the ruling content.
The restructuring plan of Saiwei is thought-provoking. A number of banks successively injected capital into Jiangxi Saiwei for loans. At that time, there were many policy requirements of local governments. Although the financial industry should serve the development of the real economy, who should pay for the loss of more than 25 billion yuan caused by such liquidation? The local government once played the role of "savior" in it. Should we also take responsibility now?