Case Study On Non-performing Asset Securitization Of Commercial Banks

Under the background of the reform of China's capital market,the scale of non-performing assets of commercial banks has expanded rapidly,and the quality of bank assets has shown a downward trend.The rise in total non-performing assets and non-performing loan ratios have an impact on the operation of banks,which has brought pressure on the development of commercial banks in China.Asset securitization is a new way of dealing with non-performing assets,especially for the disposal of bad personal loans of banks,this way can reduce risk,accelerate the digestion of non-performing assets and improve the bank's financial indicators.This article is a study of the first case of asset securitization in China based on bad personal housing mortgage loans.I hope this article can provide some reference for the future commercial banks to implement asset securitization in a similar way.This paper adopts literature review,case analysis and inductive deduction to study the case of “Jianxin 2016 second phase non-performing asset-backed securities”.This paper first introduces the connotation of non-performing assets and non-performing asset securitization.Secondly,this paper combs the basic principles of non-performing asset securitization.Then,a concrete case analysis is carried out.Based on the introduction of the product's action,basic assets,participating parties,securitization process,credit enhancement measures and pricing methods,the case enlightenment is summarized and related promotion is given.Suggest.The successful experience of the project includes low concentration of basic assets,high recovery,scientific valuation method,low structural volatility and low investment risk.Issues that can be improved include the difficulty in valuation of securities,the lack of real risk isolation,and the deficiencies in the actual operations in securitization.Finally,this paper summarizes the promotion and promotion of non-performing personal loans by means of asset securitization in the case and gives suggestions for improvement including selecting appropriate basic assets,expanding investor diversification and focusing on real business in securitization problem.At present,most of the research on the aspect is to use empirical methods to focus on the impact on a certain aspect.There is a certain gap between the timeliness of research and the level of foreign research.In 2016,the trial of non-performing asset securitization of commercial banks began to recover.Since then,various types of securitization methods have emerged.This case is the asset-backed securities of the first single-person mortgage loan securitization in China.This thesis uses the case study method to avoid the conventional modeling method,adopts the form of case analysis,and the research angle is concise and clear.The product design of the case is analyzed,the advantages and Insufficient are summarized,relevant issues and suggestions are raised.Hope to provide ideas for the future securitization of personal housing mortgage loans.