Optimization Of Credit Asset Securitization Research Of Financial Effects

Asset securitization is the financial sector in the 21st century that appear in the most important and most far-reaching financial innovation. It was based on the successful practice of the United States, and received quickly and widely promoted worldwide, the financial markets into the endless vitality.As the basis of the type of asset securitization pilot target Chinese market, securitization of credit assets were high hopes. Following the 2013 State Department made clear that monetary credit to "revitalize the stock," and to "promote the gradual development of conventional securitization of credit assets", the China Banking Regulatory Commission in 2014 decided to securitization of credit assets by the approval system to a registration and recording system. Then in 2015 the decision of the State Council executive meeting, the new 500 billion yuan of credit asset securitization pilot scale. The government has seen credit asset securitization as a primary means "revitalize the stock", the level of importance of the higher level. But even regulatory level introduced many good policy, because if the financial goals of its financial effect and the bank does not fit, harm the interests of the bank, then the policy will also be landing hampered its way toward routine inevitable difficulties. Make suggestions for improvement Therefore, this article will focus on the securitization of credit assets on the financial effect produced by the Bank, and the problems exposed. In addition, What is the difference of two securitization of credit assets classification, non-performing assets and non-performing assets securitization securitization products, the financial effect would be what impact the bank? This is another important issue discussed in this paper.This article will take theoretical research and case analysis method of combining. First and domestic practice, their theoretical analysis of the financial effects on the banks produced according to the basic principles of credit asset securitization. Then, a detailed interpretation of the two cases were examples of securitization of credit assets classification that is both non-performing loans and non-performing loans securitization securitization types of business of commercial banks financial benefits. Finally, take comparative analysis and a method of induction and deduction. Research on the basis of the text on the front, on the one hand by comparing the two current main focus of securitization business, come to their different financial effects. On the other hand, is for two kinds of securitization exposed major flaws in practice, we put forward improvement measures to enhance its proved effective for commercial banks.The main contribution of this paper are three points:First, as the main banks in the theoretical study of credit asset securitization financial effect, and through the analysis of two typical cases of financial effect of securitization of credit assets of commercial banks. Secondly, the securitization of non-performing loans and non-performing loans securitization classified discussions on the two types of securitization business focus and their respective characteristics. Finally, two types of securitization significant deficiencies and improvement measures were studied.