资产证券化在处理我国商业银行不良资产时的可行性分析.docVIP

PAGE 28 资产证券化在处理我国商业银行不良资产时的可行性分析 摘 要 近五年随着经济的不断发展，自2016年以来，国内外经济环境不确定性加大，我国银行业资产质量问题很可能重拾升势。剔除不良率认定趋严和银行核销进度影响，商业银行资产质量整体可控但持续承压，不良水平存在一定程度的反弹压力。综合考虑银行经营环境、金融市场发展状况以及各部门资产负债表的健康程度，原有处理化解不良的手段已不再满足当前需要，亟需拓展新的渠道。依靠不良资产证券化、债转股等市场化方式处置不良资产成为必然选择。 本论文依据对我国商业银行的现行市场分析及不良资产证券化的相关理论，对我国商业银行的不良资产证券化进行了详细的剖析。针对于我国当前的经济财务状况和市场发展趋势及资产证券化良好的市场前景，以降低银行不良资产率和不良资产的再利用为最终目标进行问题的探讨与研究。 不良资产证券化业务模式具有提高资产处置效率、促进资产流动性、改善资本充足率等独特优势。我国不良资产证券化业务自2016年重启试点以来已取得重要进展，随着各项配套机制的不断完善，证券化方式有望成为未来我国不良资产处置的新蓝海。 本文立足商业银行视角，回顾了我国不良资产证券化业务的发展历程，深入分析了不良资产证券化业务发展现状及存在问题，在借鉴国外先进经验的基础上，探究我国不良资产证券化的发展趋势。 关键词：不良资产；资产证券化；商业银行； Feasibility Analysis of Asset Securitization in Dealing with Bad Assets of Chinas Commercial Banks Abstract In the past five years, with the continuous development of the economy, since 2016, the uncertainty of the domestic and foreign economic environment has increased, and the quality of Chinas banking industry is likely to resume its upward trend. Excluding the tightening of the non-performing rate determination and the impact of bank write-off progress, the quality of commercial banks assets is generally controllable but continues to be under pressure, and there is a certain degree of rebound pressure on the level of non-performing loans. Taking into consideration the operating environment of the bank, the development of the financial market and the health of the balance sheets of various departments, the original methods of dealing with bad problems no longer meet the current needs, and new channels are urgently needed. Relying on marketization methods such as non-performing asset securitization and debt-to-equity swap has become an inevitable choice. Based on the current market analysis of Chinas commercial banks and related theories of non-performing asset securitization, this paper analyzes the non-performing asset securitization of Chinese commercial banks in detail. In view of Chinas current economic and financial situation and market development trends, and a good market