亚开行-如何在亚太地区建立不良贷款交易平台：问题和过程（英）.pdf

ASIAN DEVELOPMENT BANKHOWTOBUILDNONPERFORMINGLOANTRADINGPLATFORMSIN ASIA ANDTHEPACIFICISSUESANDPROCESSESMAY2024ASIAN DEVELOPMENT BANKHOWTOBUILDNONPERFORMINGLOANTRADINGPLATFORMSIN ASIA ANDTHEPACIFICISSUESANDPROCESSESMAY2024 CreativeCommonsAttribution3.0IGOlicense(CCBY3.0IGO)©2024AsianDevelopmentBank6ADBAvenue,MandaluyongCity,1550MetroManila,PhilippinesTel+63286324444;Fax+63286362444www.adb.orgSomerightsreserved.Publishedin2024.ISBN978-92-9270-724-8(print);978-92-9270-725-5(PDF);978-92-9270-726-2(ebook)PublicationStockNo.TCS240289-2DOI:http://dx.doi.org/10.22617/TCS240289-2Theviewsexpressedinthispublicationarethoseoftheauthorsanddonotnecessarilyreflecttheviewsandpoliciesof theAsianDevelopmentBank(ADB)oritsBoardofGovernorsorthegovernmentstheyrepresent.ADBdoesnotguaranteetheaccuracyofthedataincludedinthispublicationandacceptsnoresponsibilityforanyconsequenceoftheiruse.ThementionofspecificcompaniesorproductsofmanufacturersdoesnotimplythattheyareendorsedorrecommendedbyADBinpreferencetoothersofasimilarnaturethatarenotmentioned.Bymakinganydesignationoforreferencetoaparticularterritoryorgeographicareain thisdocument,ADBdoesnotintendtomakeanyjudgmentsastothelegalorotherstatusofanyterritoryorarea.ThispublicationisavailableundertheCreativeCommonsAttribution3.0IGOlicense(CCBY3.0IGO)https://creativecommons.org/licenses/by/3.0/igo/.Byusingthecontentofthispublication,youagreetobeboundby the termsofthislicense.Forattribution,translations,adaptations,andpermissions,pleasereadtheprovisionsand termsofuseathttps://www.adb.org/terms-use#openaccess.ThisCClicensedoesnotapplytonon-ADBcopyrightmaterialsinthispublication.Ifthematerialisattributedto anothersource,pleasecontactthecopyrightownerorpublisherofthatsourceforpermissiontoreproduceit.ADBcannotbeheldliableforanyclaimsthatariseasaresultofyouruseofthematerial.Pleasecontactpubsmarketing@adb.orgifyouhavequestionsorcommentswithrespecttocontent,orifyouwishto obtaincopyrightpermissionforyourintendedusethatdoesnotfallwithintheseterms,orforpermissiontousethe ADBlogo.CorrigendatoADBpublicationsmaybefoundathttp://www.adb.org/publications/corrigenda.Notes:Inthispublication,“$”referstoUnitedStatesdollars,“€”referstoeuro,“B”referstobaht,“CNY”referstoyuan,“D” referstodong,and“W”referstowon.ADBrecognizes“China”asthePeople’sRepublicofChina,“Korea”astheRepublicofKorea,“Russia”astheRussianFederation,and“Vietnam”asVietNam.CoverdesignbyMikeCortes.iiiContentsTables,Figures,andBoxesvForewordviAcknowledgmentsviiAbbreviationsviiiGlossaryixExecutiveSummaryx1Introduction11.1 ReducingBarrierstoEfficientNonperforming Loan Trade31.2 FirstFeasibilityStudyandRoadMapReport31.3 SecondFeasibilityStudy41.4 FeaturesofOnlineNonperformingLoanTrading Platformsand Good Practices42NonperformingLoanTradingPlatformsinAsiaandthePacificandBeyond82.1 NonperformingLoanTradingandPlatformUsein SelectedCountries82.2 ProsandConsofNonperformingLoanTrading Platforms172.3 Built-versus-BuyConsiderationsin Setting Upa NonperformingLoanTradingPlatform203