Research On The Asset Pool Of China's Commercial Banks Non-performing Assets Securitization Products

Since 2008 after the outbreak of the financial crisis,China halted commercial banks non-performing asset securitization products issued,last year,the resumption of commercial banks non-performing asset securitization,is of great historical significance,at the same time,the theory and practice of the disposal of non-performing asset securitization abroad have had new development again.Foreign commercial banks in Europe,America,Japan,Korea and other countries in non-performing assets disposal experience shows that non-performing asset securitization can significantly accelerate the disposal of non-performing assets,cash recovery in advance to prevent and defuse financial risks.The design of asset pool of non-performing assets securitization is one of the important links in the whole process.It is difficult for the commercial banks to choose which assets to enter the pool to meet the requirements of securitization when carrying out the non-performing asset securitization process.Under this background,the first part introduces the background of the research,through the analysis of the current situation of the commercial banks and the bad loans "double" phenomenon,put forward to use the method of the securitization of China's commercial banks,through the combination of domestic and international asset securitization theory and China's current situation of commercial banks,and puts forward the research.The second part reviews and summarizes the theory of nonperforming asset securitization,the commercial banks theory of non-performing assets securitization and the theory of asset pool.The third part through the analysis of China's current situation of commercial bank non-performing asset securitization,asset pool status.Analysis from the design principles,evaluation methods and the choice of asset pool,according to the principle and practice of design of non-performing asset securitization products pool of assets abroad,sums up the liquidity effect,security effect and profitability effect of the non-performing assets of commercial banks,through the deduction and analysis,puts forward and discusses the direction of the design of the asset pool(putting the secondary and doubtful loans into the pool)of the nonperforming assets securitization of commercial banks in the current environment.The fourth part analysis of the asset poor of the non-performing assets securities of Agricultural Bank of China last year,analysis of the borrower,guarantor,collateral,recovery and recovery time with the qualitative and quantitative way,so is the risk of the asset poor,and test the pressure of their cash flow.The fifth part compares the advantages and disadvantages of the proposed standard with the former asset pool to determine the direction of the asset pool design,it is concluded that the domestic commercial banks should improve the dispersion of assets as well as the appropriate quality assets.In the end,the content draws lessons from the experience of the development of asset securitization in foreign countries,combined with the actual situation of our country and the obstacles and problems in the process of securitization,provides suggestions for the improvement of China's commercial banks nonperforming assets securitization.