China Credit Asset Securitization Market Reviewed by CRI in Topical Research Report Available at MarketPublishers.com18 Jul 2013 • by Natalie Aster
LONDON – The securitization of credit assets in China began in 2005, when the People’s Bank of China (PBC) issued a notice announcing that pilot projects’ work of credit assets securitization was officially starting. The issuing scale at that time was CNY 7.196 billion, which increased by degrees in subsequent years. At the end of 2008, the issuing speed in the market, however, slowed down out of prudence and concerns over asset securitization risks in the time of the global financial crisis. In 2012, PBC, the China Banking Regulatory Commission (CBRC) and the Ministry of Finance jointly issued a Notice to restart the credit assets securitization, with an amount of CNY 50 billion.
Currently, the scale of China asset securitization is still relatively small. Asset securitization provides banks and securities traders with credit investment channels for their financial funds. However, it is expected there will be considerable room for development. With various charging rights, beneficial rights and other non-credit assets, it would be possible to achieve asset securitization of more than CNY 1 trillion.
Topical study “Research Report on China's Asset Securitization, 2013-2017” developed by China Research and Intelligence (CRI) provides an overview of China’s market for asset securitization, and in particular, credit assets securitization.
The study presents an impartial overview of the general situation and development progress of China’s asset securitization; examines the national policy environment for asset securitization; discloses information on business operation of credit assets securitization in the country; offers credit rating and risk analysis of credit assets securitization besides informing about preventive measures on these risks. Furthermore, insights into key economic and political influencing factors, and the development prospects of asset securitization in China up to 2017 are also provided in the research report.
Research Report on China's Asset Securitization, 2013-2017
Published: June, 2013
Price: US$ 2,800.00
More topical research reports by the publisher can be found at CRI page.