Research On The Non-performing Asset Securitization Model Of Commercial Banks In China

In recent years,due to the slowdown of China's economic growth and the adjustment of economic structure,real enterprises have presented operational risks.Since 2012,our country commercial bank bad assets balance in continuous growth,non-performing assets ratio is rising continuously,not only influence the profitability and liquidity of commercial Banks,and influence the safety of the banking system,are more likely to cause the risk and instability of the financial system.At present,deal with the path of a lot of bad assets problem,asset securitization is one of the important paths,the most suitable for not only increase the profitability of commercial Banks,can also reduce the risk of commercial Banks.Therefore,it is of great significance to study the non-performing asset securitization of China's commercial Banks.In this paper,the research on China's commercial Banks' non-performing asset securitization is carried out by comparative method,combination of qualitative and quantitative methods and combination of theory and practice.First of all,based on the causes of non-performing assets in commercial Banks system and the present situation analysis,as well as to the bad assets disposal way of comparison,put forward that non-performing assets securitization is the most effective way,and further make an analysis of non-performing assets securitization is feasible.Then,through the study abroad experience of securitization of non-performing assets disposal,comparing several patterns of non-performing asset securitization finally think trust mode is the most suitable for our country commercial bank,and introduces relevant overview of the trust model,characteristics,functions and principle,to participate in the main body,and operation process.Subsequently,taking the securitization disposal of bad assets of YSL bank as an example,the basic asset pool,product structure and operation process,risk isolation mechanism and credit enhancement design of the products are described in detail.Finally,on the current trust mode of non-performing assets securitization in our country,from the asset pool to build and pricing,optimize the trade structure,rich market participation main body structure,standardization of intermediary,strengthen risk control and advocate the preferential tax policies and Suggestions,hope can contribute for commercial Banks to carry out the non-performing assets securitization feasibility Suggestions.The innovation of this paper is as follows:(1)by studying the non-performing asset securitization of American and Korean commercial Banks,this paper systematically summarizes and sorts out the securitization methods suitable for the disposal of non-performing assets of Chinese commercial Banks.(2)model design of the non-performing asset securitization method of YSL bank.Taking YSL products as an example,it provides a good reference for similar domestic commercial Banks on the disposal of non-performing assets.