The Research Of Bank Assets Securitization

Bank assets securitization is a new type of major financial derivatives. It not only offers a new financing instrument to the financial markets, it also makes a profit to the commercial banks. In the same time, bank assets securitization make such financial institutions as the commercial banks the enormous challege. That is, chance and challenge Exist.The paper divides four parts.Part one: basic conception. Several conceptions, such as the definition of bank assets securitization, essential ideas, basic principles and the development , are discussed separately. According to the analysis, we know that bank assets securitization is different form other financing instruments, and it use a lot of basic principles, and is a off-balance-sheet and structured financing method.Part two: the development in China. First, we have a simple review of the developing process. Then, the reason and workflow are in discussion. We also give an empirical analysis to the MBS in the Construction Bank of China, and discuss its advantages and disadvantages.Part three: the analysis to the reality of the bank assets securitization in China. First, we give a comparison to the mode between the assets securitization products of the Construction Bank of China and the Industrial and Commercial Bank of China. Then is the further development of bank assets securitization in China. We point out that, in order to promote the development of this product, the range of founder-members and investors, and the types of assets should be further broaden.Part four: risk and countermeasures. First we discuss the risk exposure to the bank assets securitization in China, and point out that the risk management is the most important issue. Then, we give some countermeasures to the reality of the bank assets securitization in China, and expatiate the the modern management of financial risk. We point out that our banks should adopt the modern technology to control the risk. In the last, because of the crisis of Sub prime bond, we think our banks should control the risk, positively manage and progress the bank assets securitization. In the process of research, the approaches of landscape orientation and portrait are used. Analyzing the reason and development of the bank assets securitization from the historical point of view, and make a comparison of different products from the angle of landscape orientation, we offer a beneficial to the development of the assets securitization of our country.