Research On The Impact Of Credit Risk Transfer On Bank Individual Risk Based On Credit Asset-Backed Securitization

Credit Asset-backed Securitization is an important way to transfer credit risk of commercial banks,and it is also a kind of structured financing method,which is a hot research topic in recent years.This paper mainly discusses the mechanism of commercial bank credit risk transfer,analyzes the impact of credit risk transfer on individual risk transfer,and explains why there are three different trends in the effect of credit risk transfer on individual system risk.The paper mainly analyzes from three aspects.First,theoretical analysis.Based on the structure of Credit Asset-backed Securitization,the credit risk transfer mechanism of Credit Asset-backed Securitization is analyzed theoretically,and the impact of credit risk transfer on the individual risk of the bank is analyzed.Second,the static index analysis.This paper discusses the impact of credit risk transfer on the liquidity risk of banks through the case analysis and statistical analysis of the change of its own accounting indexes before and after the issuance of Credit Asset-backed Securitization in China's commercial banks.Third,the dynamic index analysis.Through the analysis of the systemic risk coefficient before and after the issuance of Credit Asset-backed Securitization,the influence of credit risk transfer on the bank risk level is discussed.This paper mainly draws three conclusions:First,commercial banks use Credit Asset-backed Securitization financing process is the bank's own risk reduction process.By selling the assets to investors,commercial banks have the risk of asset replacement as a risk-free asset.Second,the impact of Credit Asset-backed Securitization on the issuing bank's risk level depends on the operation of the current assets acquired by the initiating bank on securitization of credit assets.Thirdly,due to the different study period,the impact of credit risk transfer on the individual risk transfer of commercial banks is different in the actual research.