资产证券化条件下信托业的机遇和对策

Opportunities and Strategies Conditions under Asset Securitization Trust Industry

近些年,随着利率市场化步伐的不断加快,信托业传统的依靠高收益形成的竞争优势不再明显,其发展面临严峻挑战,核心业务缺乏、产品流动性差、竞争激烈等一系列问题突出,信托公司的转型日益紧迫。资产证券化是近半个世纪以来发展最迅速的金融创新之一,对于盘活存量资金意义重大,我国商业银行、券商已经纷纷开展资产证券化业务。资产证券化中风险隔离和资产独立制度和信托财产的独立性十分契合,为信托业开辟新的发展渠道提供了机遇。我国资产证券化虽然起步较晚,但是市场潜力巨大,信托公司应抓住资产证券化浪潮机遇,主动应对,形成核心竞争力,实现发展模式转型升级。

In recent years, as interest rates continue to accelerate the pace of market, trust industry rely on the traditional form of high-yield competitive advantage is no longer obvious, its development faces severe challenges, the lack of core business, illiquid products, intense competition and a series of issues outstanding transition trust increasingly urgent. Asset securitization is one of the financial innovations of nearly 50 years, the most rapid development, revitalize the stock funds is of great significance, banks, brokerages have launched asset securitization business. Independence of trust assets and asset securitization and asset independent risk isolation system is very fit, for the transformation of the trust industry provided an opportunity. Asset Securitization in China despite a late start, but the market potential is huge, trust companies can take advantage of their strengths, to seize the opportunities the wave of asset securitization, active response, formed the core competitiveness and achieve development mode transformation and upgrading.