Commercial banks speed up the disposal of bad personal loans, and AMC plays a channel role. With the accelerated disposal of bad retail credit assets by commercial banks, the market size of bad personal loans has gradually grown, and there are hundreds of bad assets announcements listed and transferred in Yindeng Center, involving personal consumption and business loans, credit card overdrafts, etc. In order to improve the quality and efficiency of personal loan non-performing assets disposal, banks have also accelerated organizational restructuring and staffing accordingly, abandoned the past model of simply docking asset management companies (AMC) and chose to actively promote non-performing assets to connect the upstream and downstream of the industry, so as to improve the transfer efficiency of personal loan non-performing assets. Industry insiders told reporters that the personal loan NPL market is accelerating, but there are also problems such as low transfer efficiency and limited profit space. At present, the mainstream model is that banks seek reliable unlicensed private institutions to dispose of personal loan NPLs through AMC, and AMC earns channel fees, and the disposal institutions earn excess income, usually at an annual rate of 8%~10%. (CBN)The Haitian government announced that the Port-au-Prince airport would resume the use of commercial flights. On December 10th, local time, Haitian Prime Minister Alex Fils Aimee announced that the Toussaint Louverture International Airport in Port-au-Prince would resume its normal use from now on to fly commercial flights. However, due to the ban on take-off flights issued by the US aviation regulator, there is still no news about when the first flights will resume. (CCTV News)US officials say that Russia may soon launch another hypersonic missile into Ukraine.
The Bank of Canada's statement no longer mentions that it is reasonable to expect further interest rate cuts if the economic development is consistent with the forecast. The need for further interest rate cuts will be assessed and a decision will be made one by one.Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.Vanguard went against tradition and suggested the strategy of "six shares of debt and four shares" to deal with policy risks. In view of the high interest rate and stock valuation, Vanguard Group suggested that investors establish defensive positions in the new year and increase their investment in bonds instead of stocks. The company's 2025 outlook lists the asset allocation model built by economists and portfolio teams, which allocates 62% of the funds to fixed-income securities and the remaining 38% to stocks. In contrast, the ratio of stocks to bonds in the traditional portfolio is 60% to 40%. Although the US economy is still strong, the stock market valuation is close to historical highs, which makes stocks more vulnerable to potential policy risks after Trump takes office. At the same time, interest rates may remain higher than those in the 2010 s, thus providing investors with stable income and more protection in the case of risk aversion.
Bank of Canada Governor Mackler M: Future decisions will be guided by future data and inflation prospects.The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.Market news: Russia may use new medium-range ballistic missiles to Ukraine.