摘要
商业银行发展政府融资平台业务,能够通过放贷获得经济收益,提高市场份额,密切银政关系,提升市场美誉度。但地方政府融资平台可能给商业银行带来责任主体模糊、杠杆率偏高、偿付风险、流动性风险、项目合规风险和政策性风险等风险;在金融体系层面,融资平台贷款信用承诺实际上是商业银行的自我授信。如果风险控制不当,政府债务风险、房地产开发企业债务风险等有可能集中于商业银行,使后者成为风险集聚的洼地。发展融资平台业务,应合理利用资产证券化,严格授信制度,采用银团贷款,加强财务监督,以及探索投资市政债和利用直投方式灵活介入项目等。
Improving services for local-government financing platforms brings considerable benefits for commercial banks, such as increasing interest income on loans, increasing market share, consolidating government-bank relations and enhancing market reputation. At the same time, local-government financing platforms may also trigger off some risks for commercial banks, such as ambiguous responsibility subject, high leverage, repayment risk, liquidity risk, compliance risk, as well as policy risk. As for the financial system, the secured loans to local-government financing platforms are actually self-credit-rating of commercial banks. Once risks fail to be controlled properly, the debt risks of governments and estate enterprises may transfer to banks, and commercial banks will become the focus of risk accumulation. In the process of developing the financing platform business, commercial banks should properly utilize asset securitization, rigorously enforce credit rating regulations, adopt syndicated loan pattern, intensify financial supervision and explore various approaches to participating in projects, such as municipal bonds and direct investment.
出处
《金融论坛》
CSSCI
北大核心
2010年第5期5-10,共6页
Finance Forum
关键词
商业银行
地方政府融资平台
地方政府融资平台贷款
财政担保
金融风险
commercial bank
local-government financing platform
loans for local-government financing platform
guarantee of public finance
financial risk
