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Discussion On The Financial Innovation And The Disposal Of Non-Performing Asset Of State-Owned Commercial Bank

Posted on:2006-01-08Degree:MasterType:Thesis
Country:ChinaCandidate:Y Q ZhaoFull Text:PDF
GTID:2156360155450235Subject:Finance
Abstract/Summary:PDF Full Text Request
There exist intricate reasons forming in non-performing asset of the state-owned commercial banks, which resulted not only in exterior factors including government's administrative intervention, inefficiency management and baleful escaping debts among corporations and immature founding on social credit, but also in interior factors such as the unbound system and the bad management of the banks. It is not an effective way for resolving non-performing asset merely depending on peeling off, fiscal injecting funds and strengthening recalling enterprise's arrearages. It has been proved by recently the rebounding balance of non-performing asset. Financial innovation is the impetus and mine for financial development, and it is even one of primary drives in international economic development nowadays. Since the 1960s, financial activities emerge in endlessly and in various forms in the world, and they have been presenting more and more great dramas in expansive financial arena which add more flowery scenery for economic life. Financial innovation not only accelerates greatly the changes of financial liberalization and finance system internationally, but immits sustaining fresh blood and vigor for economic running and development for all countries. It is a better resolution for non-performing asset to quicken up financial innovation integrating with our actual economic developing conditions basing on consummating property rights reforming and corporation fathering of the state-owned commercial banks. This thesis adopts foreign successful experiences on disposing of non-performing asset and brings forward conceivability to accelerating the reform of state-owned commercial banks, which uses bondly institutional, organizational, marketable and financial operational innovation by analyzing the conditions of non-performing asset, deeper forming reasons and the experiences and lessons disposing of them. Then we should sustaining enrich the approaches and means of disposing of non-performing asset, and shape a new system and market, and its aim is to accelerate economic development and to reduce financial risk, and to ensure moderate and persistent development of state-owned commercial banks.
Keywords/Search Tags:state-owned commercial bank, non-performing asset, corporate governance financial innovation
PDF Full Text Request
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