The Research On Operation And Risk Control Of Credit Asset Securitization Based On China Development Bank Hunan Branch

In recent years, asset securitization has become a hot issue that financial theorists and banking industry discuss. China Development Bank (CDB) and China Construction Bank have issued their asset securitization products since December 2005, which symbolize the pilot success of this financial innovation in China. Asset securitization is a kind of credit system innovation that is quite important and meaningful for the changing and transforming China banking industry. This financial innovation tool—credit asset securitization can change the situation of CDB Hunan Branch which used to depend on the simple external expansion of the assets scale.This thesis takes CDB Hunan Branch as a research object and based on its operation of credit asset securitization and risk control. Firstly, after discuss the current situation of asset securitization in China and compare the features of asset securitization in different countries, this article raise a point of the feasible pattern if the CDB carry out the asset securitization. Then, using the necessity and feasibility analysis of CDB Hunan Branch and comparing the current credit assets of CDB, we can get the conclusion that it is suitable for CDB Hunan Branch to adopt the high speed road loan as the basic asset when they securitize their credit assets.At the same time, this article also talks about the credit rating increase and circulation issues. Although asset securitization could bring some benefits for CDB, it brings various risks we can not ignore. At last, this thesis discusses all kinds of risks and the problems from three aspects which are products structure, products services and products dealing in the process of asset securitization.This thesis is beneficial for CDB Hunan Branch to adapt the latest environment of macro adjust and control, which supply new ideas for CDB Hunan Branch to solve the scale and pace restriction problems. It also has some useful influences for credit asset securitization development and the application extend in the provincial branches. Therefore, this article has the strong practical application value.