摘要
2010年末,我国银行间市场交易商协会推出了信用风险缓释工具,开启了银行风险管理的信用衍生工具时代。近年来,为了降低银行信用风险,盘活信贷资金存量,信用风险缓释工具再次被监管部门提及,更强化了对信用风险缓释工具与银行风险承担行为研究的重要性和紧迫性。在前期已有研究的基础上,以我国银行风险承担行为为研究对象,重点分析了信用风险缓释工具对银行风险承担行为的影响。研究结论表明:信用风险缓释工具可提高我国银行风险承担能力,但考虑到外部经济影响因素时,其作用是不显著的。这说明我国信用风险缓释工具还仅仅是银行风险管理的辅助手段,其风险转移功能有待进一步挖掘。
The Credit Risk Mitigation Instrument was promoted by the Association of Inter-bank Market Dealers in China at the end of 2010, which opened the era of credit derivative instruments of banking risk management. In recent years, in order to reduce banking credit risks and vitalize credit fund stock, credit risk transfer instrument was again mentioned by the regulatory authorities, which further enhanced the importance and urgency of the study of the credit risk mitigation instruments and the banking risk-taking behaviors. On the basis of the existing researches, taking bank＇s risk-taking behaviors in China as research object, this paper conducts a selective analysis of the influence of credit risk mitigation instrument on bank＇s risk-taking behaviors. The conclusion of the study indicates that the credit risk mitigation instrument can improve the bank＇ s risk-taking capacity. But taking into account the external economic influencing factors, its role is not significant. This shows that China＇s credit risk mitigation instrument is only a supplementary means to banking risk management, and its risk transfer function remains to be further excavated.
出处
《当代财经》
CSSCI
北大核心
2014年第12期47-56,共10页
Contemporary Finance and Economics
基金
中央高校基本科研业务费专项资金资助项目"后危机时代金融创新‘悖论’研究"(JBK1207077)
