信贷资产证券化的法律思考

在我国,商业银行资本充足率较低，高度负债经营的状况己不容忽视，信贷资产证券化作为一种新型的金融工具，由于其独特的运作机制，有利于提高银行业的资本充足率，促进其经营现状的改善。但是作为一种“舶来品”，信贷资产证券化作用的有效发挥，离不开独特的市场环境和健全的法律制度的支撑，在中国目前的国情下，由于缺乏相应的市场而支撑以及存在着诸多的法律障碍，信贷资产证券化的推行必将会是一个长期的、渐进的过程。

Juristic Considerations of the Credit Asset Securitization

In our country, the ha(l management condition of the commercial banks (such as the low capital adequacy ratio, the high debt, etc. cannot he ignored. As an new financial instrument, with its unique mechanism, the credit asset securitization will help raise the capital adequacy ratio and prefect the management. But the effects of the instrument cannot do without the support of the unique market and sound legal environment. In present China, without the good market and juristic circumference, the adoption process of the instrument must he long and gradual.