中小企业应收账款抵押融资初探.pdf

内容 摘 要 2007 年9 月30 日，中国人民银行公布了《应收账款质押登记办 法》，与《物权法》自2007 年10 月1 日起同期施行。2007年10 月8 日，由中国人民银行开发的应收账款质押登记公示系统在上海 正式上线，人民银行征信中心也颁布了《中国人民银行征信中心应 收账款质押登记操作规则》，商业银行开展应收账款质押融资业务 的外部法规框架已经基本形成。伴随着我国《物权法》和《应收账 款质押登记办法》的出台，允许应收账款出质，从而可以实现企业 以应收账款质押进行融资，进而完全打破了中小企业在发展过程中 遇到的融资瓶颈。这项新规定的出台无论对于企业还是银行业都将 是一个大大的利好，是一项确确实实的帕累托改进。在全球金融危 机的大环境下，我国银行业进行利润创新的机遇，看到了商业银行 新的利润增点。应收账款质押能够给中小企业融资带来的实惠共享 给企业客户，做好适当的风险控制，这项崭新的业务将给商业银行 带来新的利润增长。本文认为我国中小企业融资难主要是由于信贷 市场上企业和银行等金融机构之间信息不对称所造成的。且这种信 息不对称会导致市场失灵，从供需理论的角度出发，这种市场失灵 的解决离不开政府的适当干预。因此，要解决中小企业的融资困境 必须企业、银行和政府三方面共同努力，为中小企业的融资创造合 理有效的平台。 关键词： 应收账款质押 中小企业融资 银行利润 ABSTRACT On September 30, 2007, the Peoples Bank of China announced Account receivable to pawn Registration Means, the same time executed with Reality of laws from October 1, 2007. on October 8, 2007, the account receivable which develops by the Peoples Bank of China pawns the registration public announcement system to make something a matter of political line officially in Shanghai, the peoples bank reference center also promulgated Chinese people Bank reference Center Account receivable To pawn Log-on operation Rule, the Commercial bank developed the account receivable to pawn the financing service the exterior laws and regulations frame already basically to form. Follows our country Reality of laws and Account receivable Pawns Registration Means releasing, the permission account receivable is leaving the nature, thus may realize the enterprise to pawn by the account receivable carries on financing, then has broken the small and medium-sized enterprise completely the financing bottleneck which meets in the developing process. Regardless of this new