(real estate) 抵押品评估.ppt

Collateral Evaluation and Credit Risk Management抵押品评估与信用风险管理 Contents目录 1. Why is Collateral Evaluation Important? 为什么抵押品评估重要 2. Types of Collateral and Regulatory Pitfalls 抵押品种类和法规缺陷 3. Evaluation of Collateral (Real Estate) 抵押品评估（房产） 4. Evaluation of Collateral (Other Assets) 抵押品评估（其他资产） 5. Protection of Collateral 抵押品保护 Creation of Security Interest 担保利益的创立 Perfection of Security Interest 担保利益的完善 6. Collateral Management 抵押品管理 Collateral Management for Credit Risk Management 信用风险管理中的抵押品管理 Safeguarding the Enforcement 维护强制执行 7. Enforcement of Collateral 抵押品的强制执行 8. Extinguishing Security Interest in Collateral 抵押品利益的终止 Why is Collateral Evaluation Important?为什么抵押品评估很重要？ Why is Collateral Evaluation Important?为什么抵押品评估很重要？ The more accurate the evaluation, the more enhanced credit risk management in place. 对抵押品的评估越是准确，信贷风险的管理的准确性就越高 Large actual loan loss exceeding the estimated LGD could lead to a serious depletion of bank’s equity capital. 实际贷款损失如果大大超过预计的违约损失率会导致银行的自有资本严重损耗。 Why is Collateral Evaluation Important?为什么抵押品评估很重要 LGD is estimated from default-weighted average loss rate during a certain time period. 违约损失率可以通过一段时间内的加权平均违约损失率估计出来 Loss rate is given by: 损失率计算方法 To reduce average loss rate, banks need to collect on the default exposure as much as and as fast as possible.为了降低平均损失率，银行应该尽快收回尽量多的资产。 If a bank does not properly estimate collateral values, the collection upon default would become smaller and take a longer period of time, leading to a depletion of capital and lower profits.如果银行不能准确估计抵押品价值，违约后能够收回的价值就降低了，所需要的时间也更长，导致资本损耗了利润降低。 Role of Collateral in Financial Intermediation I抵押品在金融中介活动中的作用 I Collateral stabilizes financial intermediation抵押品稳定金融中介活动 Collateral better aligns interests of the lender and borrower because:抵押品更好的使出借方和借用方的利益达成一致 The lender can maximize the safety of repayment出借方可以使收回借款的可能性最大化 The borrower will minimize the risk taking借用方可以使承担的风险最小化 Without collateral如果没有抵押品: The lender will solely rely on borrower’s cash-fl