兴业银行私募股权投融资业务模式研究【毕业论文】.docxVIP

摘要随着我国相关法律法规的完善和创业板的推出，我国PE（PrivateEquity，即私募股权）投融资获得了长足的发展，已成为世界上最活跃的PE投资市场之一。随着我国经济的持续高速增长，国内已成长起一批优秀的中小企业，这为我国商业银行PE投融资业务发展奠定了坚实的基础，也提出了私募股权金融服务的迫切需求。在国内金融脱媒日趋深化、利率市场化、商业银行混业经营的发展趋势下，商业银行通过投行业务创新介入到风险资本的私募股权投资中，从而更好的服务企业客户，特别是其中的中小企业客户，已成为现今商业银行创新业务发展的新机遇。本文首先介绍了选题背景、意义、研究方法，对国内私募股权投融资发展情况进行了简要描述，接着分析了兴业银行开展私募股权投融资业务的现状和环境，对其他银行业务发展情况做了概括，法律环境、发展难点进行了分析；通过对境外银行类机构开展创业投资业务的典型案例进行分析和商业银行开展私募股权的价值链分析，提出兴业银行开展私募股权融资业务的五种模式，包括价值链模式--私募股权融资金融服务专案、私人银行业务模式--有限合伙制式私募基金、中小企业培育池模式--兴业芝麻开花、股权挂牌交易模式--三板的股权挂牌交易业务、发放牌照模式--为PE投融资业务创造条件等；最后分析私募股权业务存在的障碍，提出了构建与私募业务相适应的信贷政策体系、风险控制机制、服务团队和激励机制。本文针对兴业银行开展私募股权业务实际情况，运用价值链理论，参照国内外先进经验，所设计的几个有针对性、可操作的业务模式，其研究结果对推动兴业银行投资银行业务有非常重要的积极作用，对同类型商业银行开展私募股权业务有重要借鉴作用。关键词：商业银行；股权投融资；投资银行；业务模式AbstractWith the improvement of relevant laws and regulations in China and the launch of Growth Enterprises Market, Private Equity (PE) investment and financing in China have made great development. Now it is among one of the most active PE investment markets. As Chinas economy has soared at consistently astonishing rates, a group of outstanding small and medium-sized domestic enterprises grow which lays a solid foundation for PE investment and financing as wellas putting forward urgent demands for PE financialservices.Under the trend of increasingly deepening of financial disintermediation and mixed operation of commercial banks in China, commercial banks, through investment business innovation, get involved in the PE investment of venture capital in order to better serve enterprises, small and medium-sized ones in particular, which has become a development demand for present commercial banks.Thisthesis firstly introduces thebackground, significance andresearch methodology of the subject, next comes the brief description of the development of China’s PE investment and financing. After that current situations and environments under which industrial bank carries out its PE investment and financing business, a brief introduction of business devel