Research On Non-performing Assets Securitization Of Commercial Banks In China

Since the 1980s, the world financial crisis continued, to clean up the financial system produced non-performing assets and guard against financial risks has become an inevitable trend. China's financial system, particularly state-owned commercial banks, due to historical factors, the system has accumulated a large number of non-performing assets that is the biggest obstacles of reform. Bank of the existence of non-performing assets will not only reduce the bank's cost-effective but also will lead to huge financial risks. The risk caused by the bank non-performing assets has caused the bank, the government, the economist and other people's attention. China's economic system is in a transition period, the state finances were limited solely to the Government can not solve the problem. Therefore, we must rely on the market for financial innovation, and actively explore and study the market and new, effective treatment of non-performing assets, ultimately improve the quality of state-owned commercial bank assets.since the birth of 1970s in the United States, Securitization of non-performing assets has a rapid development in Europe, Japan and other countries, it prepares continuously the international capital market favor, day by day and seeps to economical domain each stratification plane, was one kind had been proven by the international experience, might face the market to continue to handle non-performing assets massively the technology and the method. The property securitization not the mobile property will transform the market to be possible to sell the negotiable securities, enhanced the property fluidity, has provided the new financing origin, will have the unique characteristic and the superiority. In our country, along with the money market specially the capital market development, all has carried on the attempt including the bank and the property management company in not the good property securitization aspect. The implementation non-performing assets securitization may speed up the money market and the capital market link and the fusion, the development finance regulation space, expands the investor to choose the scope, the promotion commercial bank management pattern transforms, regarding solves Our country Commercial bank's non-performing assets problem, the melt finance risk, the promotion economy and society's development has the important theory significance and the practical significance.Firstly, from a commercial bank non-performing asset securitization theory, this paper introduces commercial bank non-performing asset securitization-related concepts and basic principles, the characteristics of non-performing asset securitization. Secondly, non-performing assets of the foreign securities of developed countries, the practice and our non-performing asset securitization case, which found that China's current non-performing assets of commercial banks in the securities of the characteristics and mode of operation of some problems. Finally, the view of the current non-performing asset securitization operation, suggests that Chinese commercial banks non-performing asset securitization transaction structure to improve the model and design, and the corresponding perfect environment.