Financial Effects Of Commercial Bank Credit Asset Securitization

Nowadays,China’s credit asset securitization market is developing rapidly,and the number and scale of products issued have risen sharply.Securitization of credit assets can help some financial institutions deleverage,so there are more and more participating financial institutions,and the types of basic assets in the asset pool of securitization products are also more diverse.However,due to the late start of the development of China’s credit asset securitization,the development rate is relatively slow.Affected by the US subprime mortgage crisis in 2008,the securitization of nonperforming credit assets only began to restart in 2016,and the experience of issuing non-performing credit asset securitization products is still insufficient.At present,China’s non-performing credit asset securitization and normal credit asset securitization also encountered some problems in the development process,and many scholars have joined the research of asset securitization.However,the research on the financial effects of credit asset securitization on commercial banks has not yet reached a unified conclusion,and the degree and manner of impact are also different.Therefore,this article will take the financial effect of commercial bank credit asset securitization as an entry point and try to provide some guidance for the development of China’s commercial bank credit asset securitization.This article mainly uses the methods of theoretical research and case analysis.First,the domestic and foreign research status and operation mechanism of credit asset securitization are introduced.Secondly,the concept of financial effect is defined.This article defines the financial effect as the impact of credit asset securitization on the “three characteristics” of commercial banks from a narrow perspective,and then analyzes the financial effect of credit asset securitization on banks in theory.Then,through the detailed investigation of the two cases of "Zhongyu 2016-1" and "Xingyin 2016-2".After introducing the relevant circumstances of the two cases,from the perspective of the “three sexes” of commercial banks,the relevant financial indicator data was selected to specifically clarify the financial effects of the securitization of nonperforming credit assets and normal credit assets of commercial banks.Finally,a comparative analysis of the differences between the financial effects of the two types of credit asset securitization,found problems in the development of credit asset securitization business,and proposed corresponding optimization measures for the development of China’s commercial bank credit asset securitization Certain reference.