China's Commercial Banks Non-performing Assets Securitization Research

The problems of the non-performed of state-owned commercial banks will endanger the safety of our country's finance system and the steady of economics and policy. As a part of reform process of banking system,the non-performed assets of the four state-owned commercial banks were peeled off and founded by the state-owned financial assets management companies .The amount of the non-performed assets of the state-owned commercial banks decline to more extent. Although this situation gets better, handling the non-performed assets is not only the management of banking, but also the needs of the finance reform and open policy, according to the international experiences. Assets securitization is a good way of handling the non-performed assets. As a new technology, it has much advantage, such as the low cost, structure finance, off-balance-sheet activities. It stems from the trend of finance innovation. And recently it becomes the most important finance innovation instrument in world finance field, which also develops very fast.This article explored the important theory and general pattern of the non-performing asset securitization of commercial banks, and analyzed the core issues in the non-performing bank asset securitization, combined with actual cases and the experience of foreign countries, answered this question that China's commercial banks should be how to conduct securities of non-performing assets, and then make relevant policies recommendations. This article is conducive for the non-performing commercial banks assets securitization to carry out smoothly in the future.