信用衍生品在我国商业银行信用风险管理中的应用

我国商业银行针对其面临最重要的风险之一的信用风险采取的信用风险管理方式长期以传统模式为主，这种方式较为被动，缺少积极性及动态有效性。该种方式的缺陷在经济全球化的形势下显得更为严峻，而信用衍生品作为能够有效转移信用风险的创新产品，很有须要将其引进到信用风险管理中。在学习与借鉴前人关于信用衍生品在银行信用风险管理应用的经验上，运用了实证分析方法，对银行信用资产质量与信用衍生品交易量的关系作出了研究，得出了信用衍生品在一定程度上对于降低或转移商业银行信用风险产生了作用，进而保证了信用资产质量的结论，结合了信用衍生品在我国实际的发展现状与条件，提出了该产品在我国商业银行信用风险管理中运用的建议。

Research on Using of Credit Derivatives in Credit Risk Management of Commercial Banks in China

Credit risk is one of the most important risks of State-owned commercial banks, commercial banks has been dominated by traditional credit risk management in China, which is relatively passive and lack of a pro-active, dynamic man-agement methods. These management defects is more serious under the situation of economic globalization, credit derivatives as the innovative products to transfer credit risk effectively, it is necessary to use this product for bank credit risk management. Based on the study and reference of previous studies on credit derivatives for credit risk management in commercial banks, using empirical research on the influence of credit derivatives to credit asset quality and came to the conclusion that credit derivative play a protective effect in the management of credit assets of commercial banks in a certain extent. Finally based on the present development situation and conditions for credit derivatives, this paper makes recommendations on using credit derivatives to manage credit risk.