Study On Credit Assets Securitization On The Chinese Commercial Banks Operating Performance

Assets securitization began in the 70’s of the 20th century, as a new financial tool, it got rapid development worldwide.It could improve the liquidity of asserts, spread credit risks.With the development of economic globalization, competition in China’s banking industry is getting increasing. When Chinese banks are in business activities, they usually face the following questions:poor liquidity, funding sources, single channel, low capital adequacy ratio and other issues.The emergence of credit assets securitization is good for banks, which increases the channels of funding sources, reduces financing costs, reactive the liquidity of credit assets, decentralizes credit risk as to promote operating performance of commercial banks. In order to improve the development of asserts securitizatio, my thesis is focus on operating performance, analyze the impact of asserts securitization on China’s banks.Firstly, we study the background, significance, main content and an overview of research methods, then research on the impact of assets securitization, credit assets securitization, commercial banks operating performance, securitization of credit assets on commercial banks operating performance. At the same time, tease related theory of credit assets securitization(risk diversification, bankruptcy isolation and credit enhancement) and the three principles of commercial banks operating performance(safety, liquidity and profitability), meanwhile, explain the enlightenment of the two theories. For the next step, narrate the development process of credit assets securitization, including:the course of development, present situation, the main features, selected reasons and the three operation mechanism. At the same time, analyze the credit assets securitization business performance impacting on the Chinese commercial bank norms(safety, liquidity and profitability). And then establish financial indicators, use factor analysis method through empirical analysis to get a conclusion. Finally, summarize and make recommendations.