期刊名称：International Journal of Business and Management
印刷版ISSN：1833-3850
电子版ISSN：1833-8119
出版年度：2008
卷号：3
期号：11
页码：151
DOI：10.5539/ijbm.v3n11P151
语种：English
出版社：Canadian Center of Science and Education
摘要：Since 80s, along with the heating-up competition in finance industry and the liberalization trend of financial supervision, a tendency of integration appears in world three financial service fields, namely banking, insurance, and security. It threats the banking business. The banking industry that always possesses the core position in financial system faces enormous challenges. On the other hand, all countries regulate standard rate of interests for commercial banks’ deposits and loans. Therefore, the margin between banks’ assets and liabilities is limited, which leads to more fierce competition among banks. Under this background, the securitization trend serves as a bridge between direct financing and indirect financing, creating more opportunities for banks reducing costs and increasing profits, and improving banks’ competence. Starting from international syndicated loans, this paper analyzes the primary mode and the advanced mode of international syndicated loans’ securitization, compares their characteristics, and further studies reasons for securitization of international syndicated loans.
