In order to handle bad loans of the four state-owned commercial banks, four AMCs (Assets Management Corporation),namely XINDA,HUARONG,DONGFANG and CHANGCHENG,were established in succession since April, 1999 in our country.

• 为了处理四大国有商业银行的不良贷款，我国从1999年4月开始相继成立了信达、华融、东方和长城四家资产管理公司(AMC)。