Research On Securitization Of Bad Commercial Bank Asset

With the Asia Financial Crisis had broken out, it was one of the important reasons that there had been giant bad bank assets in finance institutions. The problem of bad bank assets has become the international problem in this day. In present, it has also been severe in our country. The problem of bank assets not only obstructs the promotion and development of economic system reform in our country, but also has been the great barrier for our financial system.Asset securitization is a kind of major financing technology of emerging in the tide of financial innovation. It is, in the recent 30 years, one of the most important and abiding financial innovations and financial instruments in the field of finance. With the deepening of the economic system reform in China and the acceleration of international economic process of integration, we should fully utilize the finance innovative instrument of asset securitization. It not only helps to reduce the slow assets rate of the financial institution in China, and improves their own competition, but also is favorable to the reform of the investment and financing system and the adjustment of economic structure in China. It will tamp the financial foundation and complete the financial system.The study analyses a round of questions on asset securitization in our country deeply and finely. It includes five chapters altogether in the paper.On part one, analyses the current situation and the cause of bad asset in our country.On part two, asset securitization is summarized. Not only the history and development of asset securitization but also the procedure and theory of asset securitization are introduced.On part there, through analyzing the return and risk of the asset securitization, probe into the feasibility of bad bank asset securitization.On part four, put forward the countermeasure to the obstacles of practicing bad bank asset securitization in our country.On part five, according to the successful experiences of foreign countries and the reality of our country, put forward the ideas of operation mode of bad bank asset securitization in our country.