Study On The Commercial Bank's Non-performing Assets Securitization

The proportion of Non-performing Assets in commercial banks in China is high and the number of them is large, which contain great financial risks and seriously hinder the development of the banks and national economy. We have obtained some achievement through the efforts in recent years, but the pressure is still great. The problem of using new method to handle Non-performing Assets become the focus more and more.Through the analysis of principles of Asset Securitization and with the experiences from foreign country about Non-performing Assets disposition, this paper points out that Asset Securitization is one of the means that can solving Non-performing Assets problem in China, so we must speed up the development of Non-performing Assets Securitization, and unceasingly expands its scale and the scope. The paper is structured as follow:Chapter 1 :description of the current situation of Non-performing Asset Securitization research globally and the current situation of Asset Securitization.Chapter 2:Introduce the condition of Non-performing Assets Securitization, and proved that it has necessity and feasibility to develop Non-performing Assets Securitization in China; analyze the merit and the flaw of several kind of handling Non-performing Assets methods.Chapter 3:Induce the trading structure of Non-performing Assets Securitization,and give basic operation pattern, then carries on the analysis.Chapter 4:Give summary to realistic case in China,and we classify Non-performing Assets in commercial bank; Study by qualitative and quantitative analysis, expand the evaluation system of The success rate of Non-performing Assets Securitization.Chapter 5:Analyze the barrier to our country which Non-performing assets Securitization exists, and put forward the corresponding policy proposal. The innovation of this article mainly is:First, Apply four matrix theory, we classify Non-performing Assets in commercial bank; Study by qualitative and quantitative analysis, expand evaluation system of The success rate of Non-performing Assets Securitization , adopt coefficient of variation to ascertain two stage index weight.Second, give some idea to commercial bank Non-performing assets Securitization in China, including the SPV structure of Non-performing Assets Securitization.Finally, Regarding the process of Non-performing assets Securitization, the author give some views, according to the development situation of market in China, we must gradually improves the foundation condition and the system environment of Non-performing assets Securitization, and finally forms the large-scale assets Securitization market. The deficiency of this article:Because author's ability is limited, understanding of the theory also has the insufficiency, and it is difficult to collect data about Non-performing assets Securitization. Therefore, some questions must be solved in further study, it will have performs in the next study and the practice to solve, this also will be precisely the power which will need further to study.