State-owned banks corresponding to the four major asset management companies.

Four asset management companies in China, namely China Huarong Asset Management Company, China Great Wall Asset Management Company, China Oriental Asset Management Company and China Cinda Asset Management Company, respectively received the non-performing assets stripped by China Industrial and Commercial Bank, China Agricultural Bank, China Bank and China Construction Bank.

China Huarong Asset Management Company correspondingly received the non-performing assets of China Industrial and Commercial Bank.

China Great Wall Asset Management Company correspondingly received the non-performing assets of China Agricultural Bank.

China Orient Asset Management Corporation correspondingly received the non-performing assets of China Bank.

China Cinda Asset Management Company correspondingly received the non-performing assets of China Construction Bank.

Now the company also accepts and disposes of the non-performing assets of other financial institutions and non-counterpart banks.

Extended data:

From 65438 to 0999, the state set up four asset management companies (AMC), namely Dongfang, Great Wall, Huarong and Cinda, to dispose of the bad assets of the four major banks.

At that time, the Ministry of Finance provided 654.38 billion yuan of capital for the four major AMCs, and the central bank provided 570 billion yuan of refinancing. At the same time, the four major AMCs were allowed to issue 820 billion yuan of financial bonds to the four major banks with a fixed interest rate of 2.25% for the acquisition of 654.38+0.4 trillion yuan of non-performing assets.

In August 2008, the Ministry of Finance led the establishment of the "Leading Group for the Transformation and Development of Financial Asset Management Companies", which was responsible for promoting the commercial transformation of asset management companies.

References:

Baidu encyclopedia-asset management company