Commercial Bank Asset Securitization---From the Money Market to the Capital Market

Author: Jiang Jianqing
Publisher:
Publish Date: 2004-10-01
Features: This book primarily focuses on asset securitization, providing in-depth analysis and discussion of its fundamental principles and related practical cases in two parts. Building upon a thorough theoretical examination of the characteristics, types, accounting and tax treatment, legal regulation, pricing theories, and methods of asset securitization, it comprehensively summarizes the experience of developed countries in implementing asset securitization and systematically analyzes the underlying motivations of commercial banks in both domestic and international contexts. The book places particular emphasis on detailed arguments regarding projects such as medium- and long-term credit asset securitization, non-performing asset securitization, residential mortgage loan securitization, auto consumer loan securitization, and credit card receivable securitization. From a strategic perspective aimed at promoting the healthy development of China's financial market, it elaborates on the significant role of credit asset securitization in bridging the money market and capital market.