| In recent years,with the domestic economy descending,financial deepening reform and the development of interest-rate marketization,our country has gradually entered a new economic normal of " speed shift,structural optimization and power change".This trend of development narrows the spread of commercial banks,non-performing assets continue to rise,and liquidity pressure increases.it is urgent to change the business philosophy and profit model.Asset securitization is one of the most important structural innovative financial instruments in the current financial market,and occupies a very important position in the global financial market.Asset securitization means that some assets which are less fluidity but can generate cash flow in the future can be packaged and reorganized through SPV to form asset pools,and the assets will be sold as marketable securities.In 2016 the central bank and other regulatory agencies to guide financial institutions to reduce and avoid transferring assets,bypassing regulation,nesting behavior,The scale management of MPA is carried out by the off-balance-sheet financing,bond investment,equity and other investment,and Purchases of resale securities.In 2017,the central bank continued to tighten liquidity,and the liquidity and capital adequacy ratio of commercial banks under dual effects were under great pressure.Developing asset securitization business can effectively solve the current problems faced by commercial banks,such as enhancing liquidity,optimizing capital adequacy ratio,reducing the rate of non-performing loans,reducing financing costs,and effectively dispersing financial market risks.In this article,the asset securitization business of Jilin bank as the main line,through the review of domestic and foreign asset securitization business development,combined with Jilin bank asset securitization business development situation,comparing the current commercial bank asset securitization business development situation,carries out analysis and Discussion on the Bank of Jilin asset securitization business in the current stage of development and problems;And further from the analysis of the external environment and internal environment analysis and SWOT analysis to analyze the causes of the current situation of the three aspects of business.Finally,I put forward four recommendations,including strengthening meticulous management,improving credit rating,strengthening channel construction and diversifying innovative products,and put forward the Jilin bank asset securitization business development strategy,in order to provide reference for the follow-up development of asset securitization business in Jilin Bank. |
