CBA
Loan Syndications and Trading Association (CBALSTA) was established
on August 28, 2006. Mr. Zhao Lin, Vice President of China Construction
Bank was elected Director of CBALSTA.
Acting as a special committee of CBA, CBALSTA aims at promoting
the idea of syndicated loans, regulating and promoting their development,
increasing loan liquidity, and leading loan syndications and trading
market into healthy development.
CBALSTA exercises the following duties:
• Promote the idea of syndicated loans and increase understanding
of syndicated loans;
• Regulate Chinese syndicated loan market, safeguard order
of syndicated loan market, and draw up rules for syndicated loans
and its trading;
• Formulate demonstration document for syndicated loans
and its trading, promote standardization of syndicated loans and
its trading, decrease trading cost and increase trading efficiency;
• Establish primary and secondary market and promote innovation
of syndicated loan products;
• Collect, coordinate and publish statistics, provide opportunity
for information exchange, and foster communication and cooperation
among members;
• Study pricing methods and relevant legal, accounting and
taxation system;
• Learn from international syndicated loans and organize
activities including training, forum, symposium and international
exchanges;
• Coordinate issues occurred in syndicated loans and trading
and promote cooperation with domestic and overseas institutions
in syndicated loans and trading;
• Make suggestions on relating policies and regulations;
• Take self-regulatory penalties against members violating
rules concerning syndicated loans and trading;
• Deal with issues handed over from CBRC and CBA.
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