Study On Market-Oriented Debt-to-Equity Swaps Of Bank

With the development of the domestic economy into China's New Normal,the domestic macroeconomic growth has stabilized;the structural reform of the economy is steadily in depth.In the New Normal economic situation,China's economic growth rate slow down,overcapacity problem is serious,the corporate sector of high debt ratio and high rate of non-performing banking sector has become an important threat to China's economic and financial market stability.On the one hand,due to the slowdown of the economic growth rate,the profit margin of company has descend;profit growth rate of commercial banks also decline,the rate of bad loans increased.In this context,the domestic scholars began to study the Market-Oriented Debt-to-Equity Swaps of Bank,but most of them are starting from the policy level,few studies starting from commercial banks.Therefore,I try from the perspective of commercial banks to study the Market-Oriented Debt-to-Equity Swap.Taking Yun Nan Tin Group as example to study the risks of bank and management of risk,and also puts forward some suggestions to solve these problems.This paper is divided into six chapters.The first chapter is the introduction part of this paper,to introduce the research background and significance,the research literature at home and abroad,and the research methods of this paper.The second chapter is an overview of the Market-Oriented Debt-to-Equity Swaps of Bank.Include reasons and characteristics of the Market-Oriented Debt-to-Equity Swaps,the current round of market principles and methods.The third chapter is the introduction of the case.Taking Yun Nan Tin Group as example,to introduce the background and pattern of the Debt-to-Equity Swaps The fourth chapter analyze the risk of China Construction Bank,include the risk of Coordination,financial risk,the risk that may exist in the stock withdrawal stage,the funding risk,etc...The fifth chapters analyze the risk management of China Construction Bank.The sixth chapter is based on the proposed part,puts forward suggestions from commercial bank and government.From the perspective of commercial bank,commercial bank should select some suitable company to carry out Debt-to-Equity Swaps,participate in the company management,etc...At the same time,also puts forward suggestions to government,include to perfect the capital market,improve China's multi-level capital market.Combine with the case to analyze the risk and risk management of commercial bank is the innovation of this paper.Also,the shortage of the paper lies in the information we collect for research is incomplete due to limited information channels.