Measures taken by public security organs to collect non-performing loans

Legal analysis: public security organs take measures to collect bad loans;

1. Carry out in-depth credit farmers' selection and credit villages and towns creation activities to create a good social credit environment.

2. Further emancipate the mind and actively explore new ways to collect income.

3. Continue to intensify collection according to law and severely crack down on debt evasion.

4. Improve the methods and systems for collection of non-performing loans, and enhance the sense of urgency and responsibility for collection.

5. Increase lending, prevent the risk of new loans, and continuously improve the quality of credit assets.

Legal basis: Interim Measures for the Determination of Non-performing Loans

Article 1 These Measures are formulated in accordance with the Law of the People's Republic of China on the People's Bank of China, the Law of People's Republic of China (PRC) Commercial Bank, the General Principles of Loans and other laws and regulations in order to standardize the identification standards and procedures of non-performing loans, strengthen the quality monitoring of credit assets, and prevent and resolve credit risks.

Article 2 These Measures shall apply to all domestic credit businesses handled by wholly state-owned commercial banks, joint-stock commercial banks and city commercial banks, including off-balance-sheet credit businesses such as local and foreign currency loans, overseas financing loans, letters of credit, bank acceptance bills, letters of guarantee and other risky credit businesses of commercial banks. Policy banks and other financial institutions engaged in credit business may refer to these measures.

Article 3 The term "non-performing loans" as mentioned in these Measures refers to overdue loans, sluggish loans and bad loans (hereinafter referred to as "one loan and many loans").