The Research On AMC Model Of The Non-performing Asset Disposition Of Rural Credit Corporative In China

As the main force of rural finance in China, Rural Credit Corporative has been providing powerful financial support for the development of rural economy in China during the past 50 years. With the development of reform of Rural Credit Corporative in China, the problem of non-performing asset in Rural Credit Corporative became more and more prominent, and this problem restrict the sustainable development of Rural Credit Corporative in China. Thus the key step of reform of Rural Credit Corporative is to explore and seek a practical and effective model to dispose the non-performing asset, and relieve the historical burden.The thesis begins from the discussion on the Fair game theory, Resource allocation theory and Principal-agent theory. Based on the status of the non-performing asset in Rural Credit Corporative in China, the thesis explores the basic circumstance of the non-performing asset in Rural Credit Corporative and therefore concluded that the non-performing asset has already made a negative influence on Rural Credit Corporative itself, rural economy and macro financial system. Rural Credit Corporative assumed financial subsidies write-off model and internal write-off model to dispose the non-performing asset. The thesis analyzes and summarizes the implement and effect of the two models and suggests that the AMC model is a practical choice on further disposition of the non-performing asset in Rural Credit Corporative. The thesis aims at studying and absorbing the successful experience of foreign financial organizations and state commercial bank of China in disposing the non-performing asset, and brings forward framework design in disposing non-performing asset in Rural Credit Corporative in China with the AMC model according to the comparison and analysis of the former experience, as well as the primary suggestion on the AMC Model's marketing orientation, purchase, management and disposition in the practical exertion. Finally the thesis makes a further discussion on perfecting and improving the AMC model in disposing the non-performing asset in Rural Credit Corporative in China on the aspect of optimizing exertion circumstance, improving risk-control system and operation effect.The thesis drives at active research and discussion on the AMC model in disposing the non-performing asset in Rural Credit Corporation in China, therefore provides theoretical and practical reference on the reform of Rural Credit Corporative and the construction of new village of socialism in China.