银行保理资产证券化业务研究

发布时间：2018-04-12 11:17

本文选题：保理 + 资产证券化　；参考：《天津大学》2012年硕士论文

【摘要】：本论文首先对银行保理业务进行了分析，研究了保理业务的现状及不足，然后对资产证券化业务进行了分析，探讨了目前资产证券化业务的情况，并分析了我国目前开展资产证券化业务面临的阻力以及解决的方法。在对上述业务进行研究的基础上，本论文探讨了将银行保理资产进行证券化的业务模式，并架构了国内与国外两种保理资产证券化的业务流程。其中，国内部分以融资租赁公司为借款人，中长期应收租金作为保理资产，保险公司的应收租金保险作为增信方式，进行证券化业务。国外则以进出口企业或劳务输出型企业为借款人，应收贸易款为保理资产，以保险公司的出口信用险作为增信方式，进行证券化业务。本论文探讨了上述模式的业务流程，并对其中的风险、益处进行了分析。最终得出结论，银行保理资产的证券化，一方面有效解决在股市低迷的情况下，银行补充资本金的需求；另一方面，银行保理资产证券化也能增强银行资产的流动性并缓释银行的授信风险；最后，由于银行保理资产证券化业务是给予较为优质资产的应收租金或贸易款为基础的，，并得到了保险机构的保险增信，因此风险较低，可以为投资人提供风险较低而受益相对较好的投资机会。最后，本论文引入了一个案例并对案例进行了分析，并分析了该案例与真正的保理资产证券化业务的差距，并提出了解决方案。
[Abstract]:This paper first analyzes the factoring business of the bank, studies the current situation and shortcomings of the factoring business, then analyzes the asset securitization business, discusses the current situation of the asset securitization business.The resistance and solution of asset securitization in China are analyzed.On the basis of the above research, this paper discusses the business model of securitization of bank factoring assets, and constructs the business processes of domestic and foreign factoring asset securitization.Among them, the domestic part takes the financial leasing company as the borrower, the medium and long term rent receivable as the factoring assets, and the insurance company's insurance of the receivable rent as the way of increasing credit, to carry on the securitization business.Foreign countries take import and export enterprises or labor export enterprises as borrowers, trade receivables as factoring assets and export credit insurance of insurance companies as credit enhancement means to carry out securitization business.This paper discusses the above-mentioned business processes, and analyzes the risks and benefits.Finally, it is concluded that securitization of factoring assets of banks, on the one hand, effectively addresses the need for banks to replenish their capital under the depressed stock market; on the other hand,Bank factoring asset securitization can also enhance the liquidity of bank assets and mitigate the credit risk of banks. Finally, because the securitization business of bank factoring assets is based on the rent receivable or trade funds given to higher quality assets,And get insurance institutions to increase the credit, so the risk is lower, can provide investors with lower risk and benefit from relatively better investment opportunities.Finally, this paper introduces a case and analyzes the case, analyzes the gap between the case and the real factoring asset securitization business, and puts forward a solution.
【学位授予单位】：天津大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F832.2;F832.51

【参考文献】