A Study On Securitization Of Commercial Banks' Credit Assets In China

Credit asset securitization is some of the relatively low liquidity of credit assets can be converted into circulation in the capital markets securitization, the process to obtain a stable cash flow. Our credit asset securitization pilot work began in 2005, by the end of 2008, has a variety of products worth about 66.785 billion yuan. 2008 US subprime mortgage crisis, and further lead to the global financial crisis. As the US subprime mortgage crisis and the abuse of asset securitization have a certain relationship, many people in the asset securitization feasible and reasonable doubts that lead to my interrupted asset securitization pilot. Until May 2012, the central bank and other ministries to start again the work of credit asset securitization, not issued "on the further expansion of credit asset securitization pilot matters relating to notice," the study of the background also aroused bank credit asset securitization again.Credit asset securitization is China’s financial market development to the current stage of the inevitable product. Because it can address the plight of China’s commercial banks are currently facing, such as: lower financing costs, increase liquidity, reduce non-performing loan ratio, higher capital adequacy ratio, effectively disperse risks in the financial markets, the bank’s ability to enhance business innovation. At the same time will help China build a multi-level capital market, driven by the financial market development and improvement. Thus, China’s commercial banks is necessary to the development of securitization of credit assets.Choose paper describes the significance of credit asset securitization as a background object of study and research lies. Secondly, the connotation of credit asset securitization, project processes running parties, as well as the specific operational procedures were studied. Next, describe the history and development of current development of credit asset securitization in China. The necessity of development of credit asset securitization and clear through specific data for some banking institutions. On the basis of these analyzes, summed up some of the problems of commercial bank credit asset securitization development process exists, and for issues related to the proposed countermeasures.