我国上市商业银行信贷资产证券化作用效果研究

发布时间：2018-05-22 09:41

本文选题：信贷资产证券化 + 商业银行　；参考：《华东师范大学》2017年硕士论文

【摘要】：资产证券化最初产生于20世纪70年代的美国,现在已经成为20世纪金融市场最重要的创新金融工具之一。作为资产证券化的一个重要分支,信贷资产证券化通常由银行作为发起机构,将银行信贷资产重组形成资产池的形式打包出售,为商业银行提供了新的融资工具和风险管理工具。我国的信贷资产证券化业务于2005年开始试点,2008年受到美国金融危机的影响暂缓发行三年,2012年才开始第二轮试点和探索。经过十来年的发展,信贷资产证券化业务的相关政策法规、发行规模、基础资产种类等都有了自身的发展特性和规律性,此时对于前期试点经验的分析和总结就显得尤为重要。本文运用理论分析和实证检验两种研究方法,结合我国经济发展水平和国内上市商业银行自身的特点,探究商业银行开展信贷资产支持证券业务对银行的"安全性、流动性、盈利性"三方面产生的作用效果。经研究发现,信贷资产证券化业务的开展不但是引起商业银行资本充足率、存贷比率和净资产收益率变动的格兰杰原因,并且能够显著提升这三个比率,意味着商业银行的安全性、流动性和盈利性水平得以改善。
[Abstract]:Asset securitization originated in the United States in the 1970s and has become one of the most important innovative financial instruments in the financial markets of the 20th century. As an important branch of asset securitization, credit asset securitization is usually sold in the form of a bank as the initiating institution in the form of a bank credit asset restructuring into an asset pool. It provides new financing tools and risk management tools for commercial banks. China's credit asset securitization business began to pilot in 2005, in 2008 by the impact of the financial crisis in the United States suspended the issuance of three years, in 2012 began the second round of pilot and exploration. After more than ten years of development, the related policies and regulations of credit asset securitization business, issuing scale, basic asset types and so on have their own development characteristics and regularity, at this time, the analysis and summary of the pilot experience is particularly important. This paper uses two research methods, theoretical analysis and empirical test, combining the level of economic development of our country and the characteristics of domestic listed commercial banks, to explore the security and liquidity of commercial banks to carry out credit asset-backed securities business. The effect of profitability "in three aspects." It is found that the development of credit asset securitization is not only the cause of Granger's change in capital adequacy ratio, deposit / loan ratio and return on net assets of commercial banks, but also can significantly increase these three ratios. This means that the security, liquidity and profitability of commercial banks are improved.
【学位授予单位】：华东师范大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.51

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