郑州银行信贷资产证券化研究

发布时间：2018-06-10 06:50

  本文选题：商业银行 + 郑州银行　； 参考：《西安理工大学》2017年硕士论文

【摘要】：资产证券化是通过风险隔离及结构设计把流动性偏低的资产变成能在资本市场上普遍流通的标准化证券的过程。作为一种金融创新,从一开始就得到了世界各国的广泛关注。我国自2005年到2015年开始推行资产证券化业务的十年间,信贷资产支持证券的发起者主要集中在北京市、上海市、广州省和东部沿海等经济较发达的省、直辖市。对于河南省而言,信贷资产证券化几乎是该地区金融领域的一块洼地。直到2016年,郑州银行股份有限公司是河南省内唯一一家上市的一级银行业法人机构,它作为原始权益人委托发行了一支信贷资产证券化产品——“鼎信2016年第一期资产支持证券”,这才改变了河南省信贷资产证券化业务的空白。本文以资产证券化的基本理论为依据,对郑州银行作为原始权益人委托发行的信贷资产支持证券作为研究对象。运用定量分析方法,对郑州银行的基本概况和发行证券的各档次证券要素进行深入研究,得出郑州银行开展信贷资产证券化业务是必要的,它可以改善郑州银行资产状况、盘活存量贷款、提高资金流动性、提升资本充足率、改善风险管理。又采用对比分析方法,选择了北京银行委托发行的“京元2014年第一期资产支持证券”和贵阳银行委托发行的“爽元2016年第一期资产支持证券”为对比,分别从基础资产的类型、规模、期限、利率、行业等进行详细的对比分析,从而得出郑州银行发行这支证券存在发行规模偏小,发行利率偏高,借款人行业集中、周期性明显等问题。并针对上述郑州银行委托发行的产品存在的问题,提出增加发行规模、规划发行时机、丰富基础资产类型等发展思路。同时郑州银行在大力开展信贷资产支持证券时,建议要坚持严格筛选借款人、谨慎选择资产类型、夯实风险管理、匹配利率类型、完善信息披露。郑州银行只有把控好风险和树立好形象,才可以在信贷资产支持证券的业务方面发展的更快更好。
[Abstract]:Asset securitization is the process of converting illiquid assets into standardized securities that can be widely circulated in the capital market through risk isolation and structural design. As a kind of financial innovation, it has received wide attention from the beginning of the world. During the ten years from 2005 to 2015, the promoters of credit asset-backed securities mainly concentrated in Beijing, Shanghai, Guangzhou and other economically developed provinces and municipalities directly under the Central Government. For Henan Province, securitisation of credit assets is almost a depression in the region's financial sector. Until 2016, Zhengzhou Bank Co., Ltd. was the only first-level banking corporation listed in Henan Province. As the original rights holder, it issued a credit asset securitization product, "Dingxin first asset-backed securities in 2016", which changed the blank of credit asset securitization business in Henan Province. Based on the basic theory of asset securitization, this paper studies the credit asset-backed securities issued by Zhengzhou Bank as the original rights and interests. By means of quantitative analysis, this paper makes a deep study on the basic situation of Zhengzhou Bank and the factors of issuing securities, and draws the conclusion that it is necessary for Zhengzhou Bank to carry out credit asset securitization business, which can improve the state of Zhengzhou bank assets. Activate stock loans, improve liquidity, improve capital adequacy, improve risk management. By using the method of comparative analysis, the author chooses "Beijing Yuan Asset backed Securities of the first issue in 2014" entrusted by Bank of Beijing and "Shuang Yuan 2016 Asset backed Securities" commissioned by Guiyang Bank as the comparison, respectively, from the types of basic assets. The scale, term, interest rate, industry and so on are compared and analyzed in detail, and it is concluded that the issuing scale of Zhengzhou Bank is small, the interest rate is on the high side, the borrower is concentrated in the industry, and the periodicity is obvious. Aiming at the problems existing in the products entrusted by Zhengzhou Bank, this paper puts forward some development ideas, such as increasing the issuing scale, planning the issuing opportunity, enriching the types of basic assets, and so on. At the same time, Zhengzhou Bank should insist on strict screening of borrowers, carefully select asset types, tamper risk management, match interest rate types and perfect information disclosure when developing credit asset-backed securities. Only by controlling risks and establishing a good image can Zhengzhou Bank develop faster and better in credit asset-backed securities business.
【学位授予单位】：西安理工大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.4

【参考文献】

中国期刊全文数据库 前10条

1 李波;宋e，

本文编号：2002347