A Research On Industrial Bank's First Green Credit Asset Securitization In 2016

Under the background of "removing production capacity" and "adjusting structure" in our country,the development of China's green finance cannot be delayed.As an important part of green finance,green credit is the focus of development of financial institutions such as banks.However,because green projects have the characteristics of long investment time and high risk,coupled with China's implementation of the environmental accountability system,banks in order to avoid risks and avoid penalties,take the way of reluctance to borrow,so that some green industries are facing financing difficulties The problem,to a certain extent,hinders the development of green credit.How to increase the enthusiasm of banks to engage in green credit business has become an urgent problem to solve under the premise of less risk.Asset securitization not only serves as a tool for diversification and transfer of risks,but also serves as a new financing method.It opens up a new idea for banks to develop green credit business.Banks securitize green credit assets,reducing risks and acquiring new funds.Liquidity.As of 2016,only Industrial Bank of China has successfully issued green credit asset securitization products.Therefore,this paper conducts a study on this case.First,relevant documents are introduced to introduce the related issues of green credit asset securitization,including concepts,features,and requirements.Sex.Then comparing the Industrial Bank's related financial indicators with industry average indicators,the analysis found that the Industrial Bank's securitization was mainly due to the promotion of the national policy environment and Industrial Bank's own financial indicators were lower than the industry average.After analyzing the core links,risks,and benefits of securitization,it was found that the Industrial Bank has the problem of excessive concentration of credit risk in terms of selection of basic assets and credit enhancement.In addition,there are still inconsistencies in rating standards and bankruptcy segregation.The problem of sale.Finally,for the above-mentioned problems,reasonable recommendations from four aspects of financial institutions,rating agencies,governments,and investors are provided,and it is of great significance for the financial institutions to securitize green credit assets and promote the development of green credit.