Risk participation is a service offered among financial institutions, with which the risk assigner assigns risk assets to risk participators on previously agreed conditions; a risk participator, through proper means, shoulders all or part of the risks associated to the aforementioned assets, and achieves according earnings. There are two types of services: funded and unfounded participation.

Risk participation service mainly include bank consortium credit/syndicated credit primary market capital service, bank consortium credit/syndicated credit secondary market capital assignment, risk participation with credit support, ordinary credit assets assignment and sales, and bill buy-up.

Service Segmentation

1. Financial Institution Credit Assets Assignment Service 

·	With Financial Institution Credit Assets Assignment Service, the China Merchants Bank serves as the assignee of immature credit assets that other financial institutions have released within their registered field of operation, by their own will, and in line with all laws and regulations. There are two types of services in this category: re-purchase type and purchase without recourse type.
·	With re-purchase type of service, the China Merchants Bank serves as the assignee of immature credit assets that other financial institutions have released within their registered field of operation, by their own will, and in line with all laws and regulations, while the assignor, in turn, will unconditionally re-purchase the creditor’s right to the aforementioned assets in full amount, at an agreed price, and on an agreed date.
·	With purchase without recourse type of service, the China Merchants Bank serves as the assignee of immature credit assets that other financial institutions have released within their registered field of operation, by their own will, and in line with all laws and regulations.

2．Bank Consortium Credit
Bank consortium credit is the service with which the China Merchants Bank joints hands with one or more than one other financial institutions in offering loans to the same borrower based on the same financing agreement.

3.  Bill Buy-up (forfeiting)
Bill buy-up is an export financing service, with which, the China Merchants Bank buys up immature account receivables incurred in international trade, but without the right of recourse. There are primary market service and secondary market service in this area. With the primary market service, a buyer-up directly purchases account receivables from exporters, and holds them until maturity; with the secondary market service, a buyer-up purchases account receivable from primary buyer-up or other secondary buyer-up without the right of recourse.

Service Features and Advantages:
1. Improved assets-liabilitystructure in other financial institutions;
2. Customized demands of the clients satisfied;
3. Diversified forms of services