Asset Securitization Of Small And Medium Banks In China During The Economic Transition Period

Asset securitization has moved forward at a very fast speed since the day when it was created. Asset securitization as a new type of financial instrument, is widely used in financial field and plays an significant role in the management and development of all industries in financial field. Our country's economy has made significant progress after China carried out reform and open policy. Now, our economy is in an important transition period, however, there always accompanied by many problems in the process of economic development, which the non-performing assets of small and medium state-owned commercial banks is one of the most serious problems. In order to solve these problems effectively, many scholars have put forward all kinds of schemes and they gradually recognize that asset securitization is a kind of innovate instrument, then they begin to study and do researches on it. This paper which is based on such background analyzes the operation scheme of small and medium-sized banks' asset securitization. In the economic transformation period, this paper mainly includes the development background and overall situation of asset securitization, and its significance on asset-liability management and risk management of small and medium-sized banks, the risk pricing of asset securitization in small and medium-sized commercial banks, and cases studies of asset securitization of small business lending in small and medium-sized commercial banks, local government financing platform loan and non-performing loan.